Welcome to a world of limitless possibilities where things can be out of order!
You may think you know what a commodity is, but it’s more like that creature is like half horse and half fish.
Commodity is a crystal of social substance or congealed human labour.
Socially necessary labour time is the average time and skill it takes to produce use values with available technology.
The formation of universal equivalent which becomes money using shampoo.
Boot is exchanged for money which is used to get goblet. The money from the goblet it is used to get shoes. The value is moving and undergoing metamorphosis, money is the larval form of value.
Circulation of money and commodity.
Just what are the Occult Golden Eggs?
Money->Commodity->Money+More Money What is the commodity you can buy that creates value?
The two commodities that the capitalists must purchase: 1. Constant Capital, the machinery building raw materials anything needed to produce something. 2. Variable Capital, human labour on labour market.
Mr F and Rusty Foreman explain the generation of surplus value from consuming labour power. People are worked creating commodities beyond the value of the wage. Because the wage is spread out as an hourly rate it appears to the workers that they are getting and equivalent for the work they do.
Disclaimer: Please note- the capitalist always strives for the maximum rate of exploitation possible but unfortunately rates of exploitation may rise and fall. The suggestion through the use of a figure of speech that half a day is spent generating surplus value for Mr Fiend is an example, if he could get more he would. Rates of exploitation rise and fall with circumstances.
The time during which the labourer works, is the time during which the capitalist consumes the labour-power he has purchased of him.’ chap ten working vol 1 capital. Post Fordist World? Who makes your lap top?
Political Economy describes capital in general as “accumulated wealth” OH YES accumulated wealth…… This is converted surplus-value or revenue-
WHAT IS THIS? Surplus Value is built up from the commodities people create in the hours and hours that people work for which they are not given an equivalent. Think of someone making cappuccinos. The first 100 they make in the first part of the day covers the value of the wage they are paid over the entire day. But they carry on making cappuccinos the whole working day.
Capital feeding. ‘Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks.
The stolen accumulated capital is used “reinvested“ over and over again in the production of surplus-value, -That is value created by people in the time they work BEYOND the value of the wage they are given whether it is making cappuccinos or lap tops.
Arising wages or decreasing wages is lengthening or shortening of a golden chain.
Wealth accumulating at the top of the pole and misery in degradation accumulating at the bottom.
The army of the unemployed is picked up and expelled with the changing needs of capital to expand or grow.
Using the drawings in a presentation and discussion during Celebrate Resistance Event at New Cross with asylum silence seekers.
All images copy right Andrew Cooper. -If you would like to use these for educational purpose please contact me. I am also available to give talks with people I work with in campaigns.
Making images is work respect each other and don’t steal each others work
Andrew Cooper Unseen 