“ Creation of value is transformation of labour-power into labour. ”
Karl Marx, Das Kapital (1867). copy citation
| Author | Karl Marx |
|---|---|
| Source | Das Kapital |
| Topic | creation power |
| Date | 1867 |
| Language | English |
| Reference | |
| Note | Translated by Samuel Moore and Edward Aveling |
| Weblink | https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-... |
Context
““If we reckon the value of the fixed capital employed as a part of the advances, we must reckon the remaining value of such capital at the end of the year as a part of the annual returns.” (Malthus, “Princ. of Pol. Econ.” 2nd. ed., Lond., 1836, p. 269.)
2 What Lucretius says is self-evident; “nil posse creari de nihilo,” out of nothing, nothing can be created. Creation of value is transformation of labour-power into labour. Labour-power itself is energy transferred to a human organism by means of nourishing matter.
3 In the same way that the English use the terms “rate of profit,” “rate of interest.” We shall see, in Book III, that the rate of profit is no mystery, so soon as we know the laws of surplus-value.”
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