Red Salute Frederick Engels
AUGUST 5TH FREDERICK ENGELS MEMORIAL DAY
“The capitalist now sets his worker to work. In a certain period of time the worker will have performed as much labour as was represented by his weekly wages. Supposing that the weekly wages of a worker represent three workdays, then, if the worker begins on Monday, he has by Wednesday evening replaced to the capitalist the full value of the wages paid. But does he then stop working? Not at all. The capitalist has bought his week’s labour and the worker must go on working during the last three days of the week too. This surplus-labour of the worker, over and above the time necessary to replace his wages, is the source of surplus-value, of profit, of the steadily growing increase of capital… The origin of surplus-value (of which the capitalists’ profit forms an important part) is now quite clear and natural. The value of the labour-power is paid for, but this value is far smaller than that which the capitalist manages to extract from the labour-power, and it is precisely the difference, the unpaid labour, that constitutes the share of the capitalist, or more accurately, of the capitalist class.”
(Review of Volume One of Capital for the Demokratisches Wochenblatt, March 1868
OBSERVE THE CENTENARY OF THE GREAT NOVEMBER REVOLUTION!
Statements & Announcements
Important Events
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International
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