‘Exploitation & the Working Day’

Lorenzo Fusaro, of the KCL Reading Capital Movement, will introduce a discussion on
‘Exploitation & the Working Day’.
Tuesday 2nd June
6pm
Ground Floor Strand Building Room 1

“Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks.”

“…in the history of capitalist production, the determination of what is a working-day, presents itself as the result of a struggle, a struggle between collective capital, i.e., the class of capitalists, and collective labour, i.e., the working-class”

N.B. We will be reading chapters 9 & 10 in preparation for this discussion.

Valorization and the Labour Process

A member of the KCL Reading Capital Movement, will introduce a discussion on

‘Valorization and the Labour Process: Surplus Value, Constant Capital & Variable Capital’.

Tuesday 19th May
6pm
Ground Floor Strand Building Room 1

“That part of capital then, which is represented by the means of production, by the raw material, auxiliary material and the instruments of labour does not, in the process of production, undergo any quantitative alteration of value. I therefore call it the constant part of capital, or, more shortly, constant capital. On the other hand, that part of capital, represented by labour-power, does, in the process of production, undergo an alteration of value. It both reproduces the equivalent of its own value, and also produces an excess, a surplus-value, which may itself vary, may be more or less according to circumstances. This part of capital is continually being transformed from a constant into a variable magnitude. I therefore call it the variable part of capital, or, shortly, variable capital.”