Q1) Marx suggests a general formula for the valuation of wage labour in his calculation of a basic living wage needed in order
to perpetuate the availability of labour power. However, in disregarding the reasons why an individual may want to sell their labour power, Marx ignores a fundamental power-relation that exists between buyer and seller. If the seller is induced by material considerations -his family are starving, he has been made redundant in another line of work etc- to sell his labour power below it's value, then isn't one of the conditions Marx states necessary for the sale of labour power -that the buyer and seller meet in the market as equals- fundamentally undermined?
Q2) In Grundrisse, Marx suggests that the advancement of knowledge and general intellect, specifically in terms of technological advancement, is a capitalist tool to constantly ameliorate the efficacy of the productive process. Is this still the case? Are we still living in an age where capitalism is working "towards its own dissolution as the form dominating production" (700) or has it surpassed and survived the devaluation of labour time?
Q3) In Chapter 6 Marx describes the transformation of money into capital as consumption that creates value, i.e labour power. On pages 61-62 of Grundrisse, however, capital itself is further broken down into fixed and circulating capital. How do we understand these terms? How does the breakdown of physical labour into fixed capital "confront the worker physically as capital" (695)?