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[OPE-L:7458] Re: Re: Formal subsumption and putting-out



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Paul writes

does not the formal/actual subsumption parallel his later use of
the distinction between manufacture and modern industry. I take the
distinction between these to be the mature form of the concept that
is prefigured in the Grundrisse

Actually, no: in Marx's representation, the formal/real subsumption distinction *doesn't* parallel his later distinction between manufacture and modern industry. The reason is that, for Marx, real subsumption is necessary for the production of *relative* surplus value, and manufacture and modern industry are stages in the production of relative surplus value. The only changes in the production process that Marx associates with merely formal subsumption are those associated with an increase in the intensity, continuity, and length of the working day, and correspondingly an increase in (only) the scale of production under the command of the capitalist.

So it looks as if Marx makes this three-level distinction:

No subsumption:  Usury capital, merchant's capital up to the level of
putting-out arrangements (no direct capitalist oversight, workers still own
some of their own means of production); productive of surplus value.

Formal subsumption:  industrial capital based on direct oversight of
production process (workers don't own means of production, but capitalist
merely takes over previous methods of production without altering
them).  Leads to creation of *absolute* surplus value.

Real subsumption (presupposing formal subsumption): Industrial capital that
has seized control of the methods as well as the process of production,
resulting in creation of *relative* surplus value. Stages:  cooperation,
manufacture, modern large-scale industry.

I'm not suggesting that this is the only way to analyze the progression of
the circuit of capital.  But it appears to be the way that Marx has done
it.  Again, this is based on my reading of the Economic Manuscript of
1861-63 and the Resultate; I'm not claiming this reading as definitive.

Gil




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