ЁЯФ╣ Mode of production (eg capitalism or feudalism)
(equals) =
relations (between classes)
(plus) +
forces (= means + workers)
Dialectical relationship: they influence each other.
ЁЯФ╣ Commodities and the labour theory of value. I thought this was a lot of words to say that labour adds value, and that surplus value comes from the power of labour through underpayment. Workers are paid the minimum amount that is necessary for them to show up the next day and work again.
What I didn't understand fully: labour adds value, okay, labour turns a bunch of wool into a hat so that is clearly added value. However, scarcity (whether real or perceived) also adds value, no? So what does Marx say about this? Does sentimental value have a place in Marxism?
ЁЯФ╣ "socially necessary labour time". If an average person needs one hour to repair a car, one hour is going to be the price paid. A slower person doesn't get more money. Quantification of labour through xyz is unfair.





