ABSTRACT
At the end of the production process capital has a surplus value, which means, expressed in accordance with the general concept of exchange value: the labour time objectified in the product (or the quantity of labour contained in it) is greater than the labour time contained in the original capital, the capital advanced during the production process. This is only possible (assuming that the commodity is sold at its value) because the labour time objectified in the price of labour (the wage of labour) is less than the living labour time by which it is replaced in the production process. What appears as surplus value on the side of capital, appears as surplus labour on the side of the worker.
