The raw material to produce a sack of ground wheat, let's say, costs $1.00
The means of production costs $2.00
The owner of the means of production pays you $1.00 for your labor
The owner sells the sack of ground wheat for $8.00
Your labor has turned $1.00 dollar of wheat plus $2.00 in production costs plus $1.00 for your labor, into a commodity which is sold for $8.00. The profit is $4.00 or 100%. The owner of the means of production makes 400% more in profit than you do in wages, plus he owns and can sell the means of production whenever he wants.
The means of production costs $2.00
The owner of the means of production pays you $1.00 for your labor
The owner sells the sack of ground wheat for $8.00
Your labor has turned $1.00 dollar of wheat plus $2.00 in production costs plus $1.00 for your labor, into a commodity which is sold for $8.00. The profit is $4.00 or 100%. The owner of the means of production makes 400% more in profit than you do in wages, plus he owns and can sell the means of production whenever he wants.
The owner of the means of production pays you $1.00 for your labor
The owner sells the sack of ground wheat for $8.00
Your labor has turned $1.00 dollar of wheat plus $2.00 in production costs plus $1.00 for your labor, into a commodity which is sold for $8.00. The profit is $4.00 or 100%. The owner of the means of production makes 400% more in profit than you do in wages, plus he owns and can sell the means of production whenever he wants.
The owner sells the sack of ground wheat for $8.00
Your labor has turned $1.00 dollar of wheat plus $2.00 in production costs plus $1.00 for your labor, into a commodity which is sold for $8.00. The profit is $4.00 or 100%. The owner of the means of production makes 400% more in profit than you do in wages, plus he owns and can sell the means of production whenever he wants.