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Impact of Cheaper Goods
- Cheaper goods decrease necessary labor time, allowing capitalists to lower wages and increase exploitation.
- This intensifies the extraction of surplus value, maximizing profits.
Capitalism and Free Labor
- Capitalism necessitates a mass of free individuals selling their labor as a commodity.
- Marx notes the quantitative, rather than qualitative, shift from prior economic systems to this mass exploitation.
Liberation and Exploitation
- The shift to capitalism involved liberating workers from regulations, but also intensified exploitation through division of labor.
- The resulting simplified tasks allowed for the inclusion of women and children in the workforce, increasing the pool of exploitable labor.