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1. What was Marx's point in his discussion of uniform rates of profit (among the sectors...

1. What was Marx's point in his discussion of uniform rates of profit (among the sectors in an economy) but unequal organic composition of capital (among those same sectors)? Discuss.

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Marx’s point was to reduce exploitation of labours by capitalist through uniform rates of profit (among the sectors in an economy) but unequal organic composition of capital (among those same sectors). Uniform rates of profit means there will be no change in profit if wages falls or rises so capitalist will not exploit labour force to earn more profit by reducing their wages and taking extra hours work from them, if rise in wages doesn’t make any difference to profit firms can increase wages to motivate labours to for more production. The organic composition of capital means ratio of labour with capital or machines and unequal organic composition of capital means more capital and less labour or more labour and less capital. Firms can take the composition according to their sector and production level to earn profits

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