The Weird Netherworld of Barbarism

The odd case of superfluous labor time

Based on the assumptions Marx employs in Volume 3, superfluous labor time should not exist under capitalism. At the same time, the mode of production is the production of surplus value, i.e., labor time that is superfluous to society. chile-protest-001These two ideas mean that when superfluous labor time does actually emerge in the social labor day, a crisis should erupt and the capital produced during this superfluous labor time should be devalued. So all of the evidence pointing to a large amount of superfluous labor time in the economy suggests something else is at work. This something else has allowed the accumulation of superfluous labor time within the social labor day for almost seven decades.

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