Famous quotes with Surplus value

• The general fact of surplus value, namely that the workmen does not get the full value of his labours, and that he is taken advantage of by the capitalist, is obvious.

  Edward Carpenter
• Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices.

  Rudolf Hiferding
• My objections to Marx are of two sorts: one, that he was muddle-headed; and the other, that his thinking was almost entirely inspired by hatred. The doctrine of surplus value, which is supposed to demonstrate the exploitation of wage-earners under capitalism, is arrived at: (a) by surreptitiously accepting Malthus's doctrine of population, which Marx and all his disciples explicitly repudiate; (b) by applying Ricardo's theory of value to wages, but not to the prices of manufactured articles. He is entirely satisfied with the result, not because it is in accordance with the facts or because it is logically coherent, but because it is calculated to rouse fury in wage-earners. Marx's doctrine that all historical events have been motivated by class conflicts is a rash and untrue extension to world history of certain features prominent in England and France a hundred years ago. His belief that there is a cosmic force called Dialectical Materialism which governs human history independently of human volitions, is mere mythology. His theoretical errors, however, would not have mattered so much but for the fact that, like Tertullian and Carlyle, his chief desire was to see his enemies punished, and he cared little what happened to his friends in the process.

  Bertrand Russell
• The directing motive, the end and aim of capitalist production, is to extract the greatest possible amount of surplus value, and consequently to exploit labor-power to the greatest possible extent.

  Karl Marx
• The great test [of history] has been decidedly against Marx and his theories of value and surplus value.

  Karl Marx

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