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Value, Price and Profit | Theory Discussion Group, Weeks 31-32 of 2025 (en.prolewiki.org)
submitted 1 week ago* (last edited 1 week ago) by GrainEater@lemmygrad.ml to c/genzedong@lemmygrad.ml
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This text was written by Marx and published in 1865. Much like Wage Labour and Capital, the text overlaps with parts of Capital. You can read the text here.

You can post questions or share your thoughts at any time, even after we've moved on to a new text.

Suggest upcoming texts here.

Previous texts

  1. The Defeat of One's Own Government in the Imperialist War
  2. How to Be a Good Communist
  3. The Wretched of the Earth (1, 2-3, 4, 5-)
  4. The Foundations of Leninism
  5. Decolonization is not a metaphor
  6. Marxism and the National Question
  7. China Has Billionaires
  8. Imperialism, the highest stage of capitalism
  9. Wage Labour and Capital
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[–] Vanilla987654321@lemmygrad.ml 3 points 1 week ago (5 children)

Is there any particular reason that Marx did not mention potential reasons for the capitalist in the USA paying greater average wages compared to the British capitalist? Such as gathering labor aristocrat allies against the labor underclasses[slaves and certain foreigners]? Especially since this was published in 1865.

[–] bennieandthez@lemmygrad.ml 5 points 1 week ago (3 children)

I don't remember them talking about the US condition but they did talk about the bourgeoisification of the english working class in correspondence.

After that affair one might almost believe that the English proletarian movement in its old traditional Chartist form must perish utterly before it can evolve in a new and viable form. And yet it is not possible to foresee what the new form will look like. It seems to me, by the way, that there is in fact a connection between Jones’ new move, seen in conjunction with previous more or less successful attempts at such an alliance, and the fact that the English proletariat is actually becoming more and more bourgeois, so that the ultimate aim of this most bourgeois of all nations would appear to be the possession, alongside the bourgeoisie, of a bourgeois aristocracy and a bourgeois proletariat.

[–] Vanilla987654321@lemmygrad.ml 1 points 1 week ago (1 children)

That's why I thought it was odd that he did not talk about capitalism and its relationship to colonialism. Since Marx stated in his letters to Engels that the English working class would never achieve liberation without decoupling itself from Irish exploitation.

[–] bennieandthez@lemmygrad.ml 3 points 1 week ago

This text along "wage labour and capital" were written as agitprop pieces so its ok that it doesnt have as much depth.

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