Alienated Labour and Capital

David McLellan
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David McLellan: University of Kent

Chapter 15 in Marx’s Grundrisse, 1980, pp 103-109 from Palgrave Macmillan

Abstract: Abstract The additional value is thus again established as capital, as objectified labour entering into the exchange process with living labour, and thence dividing itself into a constant part — the objective conditions of labour, the existence of living labour power, the necessaries, food for the worker. In this second appearance of capital in this form, some points are cleared up which in its first appearance — as money, which is changing from the form of value into that of capital — were completely obscure. They are now solved through the process of valorisation and production. At their first occurrence, the prerequisites themselves seemed to be exterior and derived from circulation; thus they did not arise from its internal nature, nor were they explained by it. These external prerequisites will now appear as elements in the movement of capital itself, so that capital itself has presupposed them as its own elements, irrespective of how they arose historically.

Date: 1980
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DOI: 10.1007/978-1-349-05221-9_16

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