The store clerk, in this regard, has sold his labor-power
to the capitalist.
The slave cannot sell his labor as a commodity he and his labor-power
are sold once and for all as a commodity.
the disproportion between capital and exploitable labor-power
Apart from extorting money from the students through expensive tuition and other school fees (OSFs), it still wants to expropriate their labor-power
," protested CEGP national president Marc Lino Abila.
7) The solution to this dilemma--a tautological argument, in the first instance, and an economic contradiction, in the second--is provided by the concept of labor-power
Examples of entries include: Young Hegelians, individual, consciousness, nature, essence, labor-power
, value, First International, Greek mythology, and more.
Most significantly, Marx distinguished between labor-power
, which is the productive capacity owned by the worker and purchased by the capitalist, and labor itself, which is the worker's productive activity and the source of a commodity's exchange-value.
The consumption of this labor-power
, Marx says, takes place in the "hidden abode of production.
This is especially so for those who reject the bureaucratic and authoritarian vision of Stalinism and subscribe instead to Marx's view of socialism as the decommodification of human labor-power
, that is, the transcendence of the labor market through economic democracy and guaranteed social access to the means of life.
3) The commodification of labor-power
surely had enormous implications for the "level of physical well-being" of the laborers, but Hanley does not specifically examine them.
But he will get an argument over his cavalier dismissal of the significance - psychological, social, ideological, and material - of the ramifications of the direct ownership of human labor, in contradistinction to control of the labor-power
of free workers.
kits real cost of production) and simultaneously to undermine