Saturday, March 11, 2023

India: Capitalists seeking to increase surplus value.

Constant capital, the means of production, considered from the standpoint of the creation of surplus-value, only exist to absorb labour, and with every drop of labour a proportional quantity of surplus-labour. While they fail to do this, their mere existence causes a relative loss to the capitalist, for they represent during the time they lie fallow, a useless advance of capital. And this loss becomes positive and absolute as soon as the intermission of their employment necessitates additional outlay at the recommencement of work. The prolongation of the working-day beyond the limits of the natural day, into the night, only acts as a palliative. It quenches only in a slight degree the vampire thirst for the living blood of labour. To appropriate labour during all the 24 hours of the day is, therefore, the inherent tendency of capitalist production.’  Karl Marx. Capital. Volume One.


Apple and its manufacturing supplier Foxconn have been involved in lobbying for a landmark liberalisation of labour laws in India, the Financial Times reported on Friday, citing sources.

According to the report, the legislation authorised the introduction of 12-hour shifts in the southern state of Karnataka, as well as night-time work for women.

Foxconn reportedly stated that the legal change is crucial to building efficient manufacturing at scale, and that the possibility of running production around the clock using two 12-hour shifts will be a big step forward for the company.

The Taiwanese tech giant has been shifting production away from China due to the country's strict Covid-related restrictions, which has disrupted the manufacturing of new devices. The move has also been seen as an attempt to avoid problems due to growing tensions between Beijing and Washington.

The Karnataka government announced a week earlier that Apple’s iPhones would soon be assembled in the state, specifying that a total of 300 acres have been set aside for a plant.

India aims to increase its work output and efficiency in order to become the next big manufacturing hub, according to an anonymous Indian government official cited by Mint.

RT 10\3\23

Dave C

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