Value creation process

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In Karl Marx's theory, the value creation process is an essential part of the capitalist production process. Since the individual commodity is a unit of use value and value, the production process of this commodity must be a unit of work process and value creation process.

Work is not value-creating work because of its specificity, because of its specific purpose as tailoring, shoemaking, etc. work. On the contrary, work creates new value in this production process, not through its specificity, but through its indeterminacy, through its equality with any other abstract work , from which it differs only in terms of its quantity. In this equation of very different jobs as an identical "job par excellence" lies precisely the social character of the many individual jobs in capitalism . And depending on their duration, these individual works all create a certain amount of new value; the products of the works, which are completely different from their respective purpose, represent "nothing but a certain amount of work, a certain amount of stuck working time." (Karl Marx, Das Kapital , Volume 1, MEW 23, p. 204) The prerequisite for this is that the work done was socially necessary in terms of content and duration; only socially necessary work counts as value-creating.

The creation of new value, however, is not the real purpose of the capitalist production process; it is not about value creation, but about utilization . The valorization process is a value creation process that lasts longer than the production of goods for the purpose of reproducing labor, i.e. the "value creator": If the value creation process is extended beyond this point in time, it becomes a valorization process from the point of view of the capitalist.

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