marxism

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For the study of Marxism, and all the tendencies that fall beneath it.

Read Lenin.

Resources below are from r/communism101. Post suggestions for better resources and we'll update them.

Study Guides

Basic Marxism-Leninism Study Plan
Debunking Anti-Communism Masterpost
Beginner's Guide to Marxism (marxists.org)
A Reading Guide (marx2mao.com) (mirror)
Topical Study Guide (marxistleninist.wordpress.com)

Explanations

Kapitalism 101 on political economy
Marxist Philosophy understanding DiaMat
Reading Marx's Capital with David Harvey

Libraries

Marxists.org largest Marxist library
Red Stars Publishers Library specialized on Marxist-Leninist literature. Book titles are links to free PDF copies
Marx2Mao.com another popular library (mirror)
BannedThought.net collection of revolutionary publications
The Collected Works of Marx and Engels torrentable file of all known writings of Marx and Engels
The Prolewiki library a collection of revolutionary publications
Comrades Library has a small but growing collection of rare sovietology books

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Book PDFs

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The difference between profit and surplus value? (hexbear.net)

submitted 4 days ago by [email protected] to c/[email protected]

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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] 2 points 4 days ago

My understanding of it:

Surplus value = value workers produce in excess of what they need to live. So if I work 8 hours but only needed to work 3 in order to maintain my current standard of living, my surplus value is 5 hours of labor-time.

Profit = the net earnings of the capitalist through the act of production. The capitalist earns the surplus value produced by workers through exploitation, of course, but not only do they have to pay the workers' wages, they also have to pay for constant capital, which is machinery, equipment, and other things needed for production besides labor.

So profit = surplus value generated - the cost of constant capital.