Topic > The formula of the Trinity and the interaction of values

Karl Marx introduces us to the formula of the Trinity towards the end of the work. One interpretation of the trinity formula is that it is a description of how capital (the collective value of the means of production), land (arable land is the example), and labor (the productive activity of human beings ) interact with each other. It reduces these three concepts to values ​​and then shows what happens when you change them. Capital is not a thing, but a specific social relationship of production, belonging to a specific historical formation of society, which manifests itself in a thing and gives this thing a specific social character. Capital extracts surplus labor directly from workers, represented by surplus value and surplus product. In this sense it can be considered the producer of surplus value. Marx says that land ownership has nothing to do with the actual process of production. He states: "a certain amount of labor produces a certain product, according to the natural fertility of the soil." In other words, fertility does not affect labor or capital. If the soil is more fertile than average, this means that a greater quantity of products with the same value is produced. Marx says that labor is “a mere phantom – “Labor, which is nothing but an abstraction and taken alone, does not exist at all.” Work becomes a real thing when someone does it and becomes a worker. Marx argues that the worker does not personally receive all the fruits of his labor under capitalism. In the Trinitarian formula capital appears to the capitalist, land to the landowner and labour-power, or labor to the worker, as three different sources of their specific incomes, namely profit, ground rent and wages. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Karl Marx recognizes the profit that owners earn as necessary in a dynamic economy, but wants it to go to society rather than to the owner. Marx speaks extensively about the exploitation of labor and the worker's right to the profit that the owner derives from this labor. Marx believes that the surplus value or profits generated should not all be inherited by the owner or capitalist, but rather should be divided among the workers who work to produce that surplus. Marx says that capital pumps surplus labor, which is represented by surplus value and surplus product, directly from workers. In this sense it can be considered the producer of surplus value. Just as the working capitalist extracts surplus labour, and therefore surplus value and surplus product in the form of profit, from the worker, so the landowner in turn extracts a part of this surplus value or surplus product from the worker. the capitalist in the form of rent. For owners it is only their property that is the means of access to the wealth produced by workers under capitalist direction, it is implicit that capital and ownership of land are valid in this society as fair factors of production whose operation is supposed to have produced parts of the property. valuable products, but which is actually distributed only in the capitalist product. While the idea of ​​distributing profit among workers seems like a good idea, it also has some downsides. Marx denies the right to private ownership of property. Instead, he says there should only be public or municipal ownership of assets. Capitalism, he argues, with its belief in private property and the profits, rents and interests that flow from it, is unjust and exploitative. Karl Marx and socialists argue that society must own all property and use it for the benefit of all. The profits.