this post was submitted on 03 Nov 2024
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marxism

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I've been reading Capital off and on for months and this is a seemingly pretty important difference that I don't understand. Is there a difference between surplus labor and profit, and if so, what is it? Any explanations, links, or chapters in Capital I should check out are appreciated.

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[–] [email protected] 1 points 4 days ago

This would make the terms easier to think about, not sure if its the conventional use of the terms though...

Surplus value is unrealized profit. Revenue > than costs during a period of time

Profit is capital removed from the enterprise. [Total Revenue - Removed Revenue] During a Time Period = realized Profit