Exegetical Paper
In a short essay, explain how Marx supports the following claim:
The maximum of profit is therefore limited by the physical minimum of wages and the physical maximum of the working day. (“Value, Price and Profit” 58)
In explaining how profit is limited, your essay should explain the following: (i) the relationship between wages and labor power; (ii) Marx’s theory of how profit, or surplus-value, is generated; and (iii) how the length of the working day determines the amount of profit generated.
Format: This short paper should be between 500 and 750 words, written in 12-point Times New Roman and double-spaced.
Even though the paper is short, it must have: an introduction, body paragraphs, and a conclusion.
The introductory paragraph should include your thesis statement, which can begin with “In this
paper, I will show that X argues Y, because Z.” You must include at least two citations from the text.
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