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Earlier discussion

1 older comment kept for context.

Oluwaseun Adeyemi

The central point of capitalism as expounded by Kari Marx is that capitalists' profit is the surplus value obtained from workers' labour.


According to Marx, workers produce more than what they get employers. The capitalist employers buy the services of labour cheap, but they sell the goods produced by labour at a rate higher than the amount spent for the payment of wages and up keep of the factory and they appropriate this excess as profit.
According to D.N.Ghosh (1959) Karl Marx described profit as nothing but legalized robbery.