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[645] Tim: Incorrect. Constant capital is one of two forms of capital that
are invested into production, which to me would seem like a sunk
cost. I don't think it's correct to say that constant capital is a
source of surplus-value, but rather I would say that it plays an
integral role in accumulating the surplus-value. Without the constant
and variable capital costs you wouldn't have anything to produce with
and no one to produce. Essentially, surplus-value is the residual that
the capitalists have exploited out of the proletariat, money in their
pockets, and constant/variable capital is the investment into the
means of production, sunk costs. |
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