(You may well already know this - I just don't think it's quite right to call it an assumption - more of an equation that arguably leaves out some factors).
(You may well already know this - I just don't think it's quite right to call it an assumption - more of an equation that arguably leaves out some factors).
That's due to how Marx calculates surplus value i.e. as Richard Wolff explains straightforwardly here:
https://www.youtube.com/watch?v=2VcgarDdIBA
(You may well already know this - I just don't think it's quite right to call it an assumption - more of an equation that arguably leaves out some factors).
So if an equation leaves out 'some factors', of what use is that equation?!?
Hint: it's worthless.