← Table of contents
A history of economic doctrines

Note 971 — Chapter III · : MARXISM

R. (Robert) Richards translation

Marx points out that there are other ways of increasing the amount of work done and of adding to the surplus value, such as the speeding up of labour. Speeding up does not increase the value of the goods, because the value depends upon the time spent upon them, and not upon the intensity of the effort put forth, but it does lower the cost of production.

Explore with AITake your curiosity a little further.

Reading settings