explain in your own words the main characteristics of labor and valorization or surplus-value-extracting process under capitalism, as Marx conceived it.

Please answer the following prompt:

Try to explain in your own words the main characteristics of labor and valorization or surplus-value-extracting process under capitalism, as Marx conceived it.

The formal requirements for reflection paper #4:

(i) The paper must be between 350 and 400 words, (i.e., not less than 350 words and not more than 400 words), including all words (i.e., the main text, citations, references, etc.)

(ii) This assignment is going to be graded on satisfactory (pass) /unsatisfactory (fail) basis.

(iii) Please type your answer, include your name (in bold print at the right top corner of the document) and date.

(iv) Leave your essay untitled.

(v) Please use Times New Roman double spaced 12 font

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