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12 Dialectics of Labour and Value-Form in Marx’s Capital: A Reconstruction

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Chapter Summary

In Capital, Marx presents his own concept of capital as a totality based methodology on development from Hegel's systematic dialectic. This chapter sets out to reconstruct determination by arguing that social abstract labour-time as represented definitively by the social value-forms of all kinds of commodities as products of capitals, cannot be fully posited and actualised until the moment when the production-prices of commodities are determined in Capital Volume III. The author's argument only addresses four moments of Capital's logical structure: 1) the point of departure; 2) the passage to capital in general; 3) the passage to the immediate appearance of capital in general; and 4) the passage to many industrial capitals. In Marx's view, the movement of the abstraction of labour is a real process that involves a simultaneous qualitative and quantitative reduction of labour.

Keywords: Hegel; industrial capitals; labour; Marx; systematic dialectic; value-form



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