average profit, n.Definitions

Average profit (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠nothing but the total mass of unpaid labour, shared out among capitals in proportion to their size.

Average profit (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠set behind the capitalist's back: the surplus-value of his own branch matters to his class more than to him, and he does not see it, understand it, or care.

Average profit (n.) seems ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠immanent in capital, independent of exploitation, as if exploitation explained only the deviations from it.

Average profit (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠itself a product — of a social life under quite particular historical relations — so there can be no rent "over profit" where capital does not yet rule labour.