Post #114

⭐Marxism: The Dialectic of Materialism — 4 Key Propositions 🏭Labor Theory of Value In Marxist political economy, the value of a commodity is determined by the amount of socially necessary labor expended in its production. Labor is the sole source of value, and market price is a distorted expression of this value. 🪙Surplus Value Capitalist profit arises from the difference between the value created by the worker's labor and the wages they receive. This difference—surplus value—is a form of systematic exploitation built into the structure of wage labor. ➖Alienation The worker is alienated from: — the product of labor (it does not belong to them), — the labor process itself (they lack creative control), — their own essence (labor turns them into a means), — other people (labor competition destroys solidarity). Alienation is not a moral category, but a structural effect of capitalist production relations. 📉The Falling Rate of Profit As the technological advancement of production increases, the share of human labor, which is the source of surplus value, declines. This leads to a falling rate of profit, growing disparities, and cyclical crises that undermine the stability of the capitalist system. 📱Telegram I 📱LinkedIn