This time we’re reading chapter 8 of Capital Volume 1. Participation welcome at any time, not just on the weekend of week 16, either in this thread or in our Matrix room (see this post for instructions on how to join)
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A few questions for this chapter:
- Describe how value is added during the production process, and how value is preserved/transferred from the means of production to a product.
- How much value is transferred from an instrument of labour to its product(s)?
- Can value exist outside of a use-value? Why or why not?
- Name a few instruments of production that transfer no value, and why this is the case.
- What are constant capital and variable capital, and how are they related?