Gar Lipow wrote:
> I always had the impression that surplus value was not a concept that
> applied only to capitalism, but that capitalism had as a critical core
> a particular way of assigning claims on surplus value. For instance,
> under some forms of feudalism the primary producer of surplus value
> was agricultural labor, but the primary means of claiming that surplus
> value was  rent. True?

My reading of Marx is that while surplus-labor occurs in all class
systems, surplus-value only exists in capitalism, generalized
commodity production (under which labor-power is treated as a
commodity). It's only under capitalism that we see M being applied to
hire labor-power to produce commodities that are sold for M', where M'
- M = surplus-value > 0. In Marx, value and exchange-value refer to
money being paid and received (unlike use-value, which can't be
quantified).

Under feudalism, it's true, agricultural labor produces a surplus. The
producers may be paid a money rent (though it could show up as simple
forced labor or as a rent paid in kind). But it's not just money
that's laid out to get a surplus. It's also force, either directly or
to limit the mobility of the direct producer. Under capitalism, the
direct application of force is not necessary. That job is centralized
in the state.

-- 
Jim Devine / "In science one tries to tell people, in such a way as to
be understood by everyone, something that no one ever knew before. But
in poetry, it's the exact opposite." -- Paul Dirac
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