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Protestation (lemmy.ml)
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[-] Cowbee@lemmy.ml 9 points 2 weeks ago* (last edited 2 weeks ago)

A business doesn't need to profit for there to be surplus-value extraction. Describing profits as unpaid wages helps simplify things, but it creates the impression that only profitable corporations exploit, which isn't true. In the M-C(mp +L)...P...C'-M' circuit, the exploitation already happens by P, production, even if commodities C' cannot actually be sold for M', or do so slowly.

this post was submitted on 19 Jul 2025
164 points (100.0% liked)

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