[General] The Growth in the Organic Composition of Capital - Duality of Labor power

[tahasozgen]

Hi There;
I am reading the book "An Introduction to Marxist Economic Theory" written by Ernest Mandel. At the page 23, he made an dissection of the growth of the capital.

All capitalist production can be represented in value by the formula: C+V+S. The value of every commodity consists of two parts: one part represents crystallized or conserved value and the other newly created value. Labor-power has a dual function, a dual use value: that of preserving all existing values in the instruments of labor, machines, buildings, while incorporating a fraction of this value into current production; and that of creating a new value, which contains surplus value, profit, as one of its components. Another part of this new value goes to the worker, and represents the counter-value of his wage. The surplus value portion is appropriated by the capitalist without any counter-value.

I do not understand the duality of the labor power. Assume that we have a car factory and we are the boss. We buy "conserved value" to create car, say steel, electricity, rubber. Assume we pay 10000$ for conserved value for only one car. After that we manage to sell final product from 20000$. We pay 5000$ to people who involved in the car creation process, laborer, engineer, marketing staff. 5000$ is our profit. Where is the "dual function" of labour in this scenario?

 

[Tarheel]

Yes, we say "dollars" after the number, but the symbol ($) always goes first.

$20
$200
$3000
$159
$20000

 

[Tarheel]

Say:

On page 29....

And:

the growth of capital.

a car

Do you know who gets what's left over at the end of the month?