ABSTRACT

In contrast to money (or value in general) as objectified labour, labour capacity (Arbeitvermögen) appears as a capacity of the living subject; the former is past labour, labour already performed, the latter is future labour, whose existence can only be the living activity, the currently present activity of the living subject itself [ ... ] The capitalist, who represents value as such, is confronted by the worker, as labour capacity pure and simple, as worker in general, so that the antithesis between self-valorizing value, self-valorizing objectified labour, and living value-creating (werthschaffenden) labour capacity forms the point and the actual content of the relation. They confront each other as capital and labour, as capitalist and worker.