There is no valorisation without work. Labour power is quite a special commodity: its consumption furnishes work, hence new value, whereas means of production yield no more than their own value. Therefore the use of labour power furnishes a supplementary value. The origin of bourgeois wealth is to be found in this surplus value, in the difference between the value created by the wage-labourer in his work, and the value necessary for the reproduction of his labour-power. Wages only cover the expenses of that reproduction (the means of subsistence of the worker and his family). […] Supposing the capitalist and the wagelabourer were fused into one, if labour truly managed capital, re-oriented production in the interest of everyone, if wages were equal and fair, etc., and value logic continued to operate, it would not go beyond capitalism: it would be a (short-lived) worker-led capitalism
— Gilles Dauvé, Eclipse and ReEmergence of the Communist Movement - Chapter 1: Capitalism and Communism










