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The circulation of capital realizes value , while living labour creates value.
An increase in the productivity of labour means nothing more than that the same capital creates the same value with less labour, or that less labour creates the same product with more capital.
The capitalist mode of production and accumulation, and therefore capitalist private property, have for their fundamental condition the annihilation of self - earned private property: in other words, the expropriation of the labourer.
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