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Profits

November 5, 2006

Profit-taking is predicated on exploitation.

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  1. November 6, 2006 10:24 PM

    “Capital, therefore, it not only, as Adam Smith says, the command over labor. It is essentially the command over unpaid labor. All surplus-value, whatever particular form (profit, interest, or rent), it may subsequently crystallize into, is in substance the materialization of unpaid labor. The secret of the self-expansion of capital resolves itself into having the disposal of a definite quantity of other people’s unpaid labor.” (Vol. 1, Part V, Ch. 18)

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