https://tankie.tube/videos/watch/b43a2ab5-a68c-47fc-9c43-e7c5cd05b72d In the fourth installment of Marx in Minutes, we look at Chapter 7 of Capital (Chapter 5 in the Paul Reitter edition). We start with the fact that labor is an integral part of human nature. We recall that labor-power has the unique use-value of creating new value. Marx takes us through the production process and reveals that profits come from workers producing value above the value of labor-power itself. In other words, profits come from wages being less than the total value added by workers.The Marxist Project is a proud member of Means TV. You can now support our channel by following this link and subscribing Means TV's excellent collection of anti-capitalist media: https://means.tv/orders/customer_info?o=70845&d=MARXISTPROJECT By using our code, MARXISTPROJECT, you will get a discount on the first month (or year!) of your subscription.Narration, script, and editing by M. Animated intro by Jack, co-host of the Auxiliary Statements podcast @AuxStatements on Twitter. Intro music by Charles Tristan:https://soundcloud.com/charles-tristanPatreon: https://www.patreon.com/themarxistproject Twitter: https://twitter.com/MarxistProjectReferences: For this video, refer to the latest (2024) Paul Reitter translation of Capital.00:00 - 00:15 Overview 00:16 - 00:30 Intro 00:31 - 03:10 Nature, Humanity, and Labor 03:11 - 05:12 The Labor Process 05:13 - 07:12 "Just" Compensation 07:13 - 08:40 Surplus Labor and Profit 08:40 - 09:55 Wages, Profits, and Value Added 09:56 - 10:41 Means TV Mon, 03 Aug 2026 21:24:11 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/b43a2ab5-a68c-47fc-9c43-e7c5cd05b72d All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.