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Wage-labor and capital
by Karl Marx
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Wage-labor and capital. 120 Pages.


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Wage-labor and capital Karl Marx
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Contact,,,Us,,,Legal,,,About,,,Sitemap,,,Advertise,,,Mobile,,,Apps,,,Facebook,,,Tumblr,,,Twitter,,,SparkNotes,,,is,,,brought,,,to,,,you,,,by,,,B&NWages,,are,,,therefore,,,determined,,by,,the,,same,,laws,,that,,determine,,the,,price,,of,,every,,other,,commodityThe,,weaver,,sets,,to,,work,,and,,the,,yarn,,is,,converted,,into,,linen&nbsp,,&nbsp,,Assume,,,finally,,,that,,the,,money,,price,,of,,labour,,remains,,the,,same,,while,,all,,agricultural,,and,,manufactured,,goods,,have,,fallen,,in,,price,,owing,,to,,the,,employment,,of,,new,,machinery,,,a,,favourable,,season,,,etc(in,,,fact,,,,Marx,,,also,,,argues,,,a,,,less,,,deterministic,,,route:,,,that,,,feudalism,,,simply,,,was,,,unable,,,to,,,deal,,,with,,,the,,,historical,,,accident,,,of,,,steam,,,power,,,and,,,mechanistic,,,production)&nbsp,,,&nbsp,,,In,,,production,,,,men,,,not,,,only,,,act,,,on,,,nature,,,but,,,also,,,on,,,one,,,anotherConsequently,,,,his,,,works,,,which,,,appeared,,,before,,,the,,,first,,,part,,,of,,,A,,,Contribution,,,to,,,the,,,Critique,,,of,,,Political,,,Economy,,,(1859),,,differ,,,in,,,some,,,points,,,from,,,those,,,written,,,after,,,1859,,,,and,,,contain,,,expressions,,,and,,,whole,,,sentences,,,which,,,,from,,,the,,,point,,,of,,,view,,,of,,,the,,,later,,,works,,,,appear,,,askew,,,and,,,even,,,incorrectThe,anarchical,movement,,in,which,rise,is,compensated,by,fall,and,fall,by,rise,,is,regarded,by,them,as,chance&nbsp,,,&nbsp,,,How,,,,then,,,,could,,,a,,,mass,,,of,,,workers,,,who,,,have,,,been,,,thrown,,,out,,,of,,,one,,,branch,,,of,,,industry,,,owing,,,to,,,machinery,,,find,,,refuge,,,in,,,another,,,,unless,,,the,,,latter,,,is,,,lower,,,,worse,,,paid?,,,&nbsp,,,&nbsp,,,The,,,workers,,,who,,,work,,,in,,,the,,,manufacture,,,of,,,machinery,,,itself,,,have,,,been,,,cited,,,as,,,an,,,exception&nbsp,,,&nbsp,,,Finally,,,,competition,,,occurs,,,between,,,buyers,,,and,,,sellers,,,;,,,the,,,former,,,desire,,,to,,,buy,,,as,,,cheaply,,,as,,,possible,,,,the,,,latter,,,to,,,sell,,,as,,,dearly,,,as,,,possible

&nbsp,&nbsp,Let,us,take,any,worker,,say,,a,weaverCommodities:,,Things,,that,,are,,exchanged,,for,,other,,things,,,they,,consist,,of,,accumulated,,labor,,in,,exchange&nbsp,&nbsp,Capital,does,not,consist,in,accumulated,labour,serving,living,labour,as,a,means,for,new,productionThe,exchange,value,of,a,commodity,,reckoned,in,money,,is,what,is,called,its,priceHence,,,,the,,,value,,,of,,,gold,,,and,,,silver,,,fell,,,in,,,relation,,,to,,,other,,,commoditiesWorks,of,Karl,Marx,1847guild,style),to,factory,and,industrial,productionFor,value,is,only,another,expression,for,labour,,that,expression,whereby,in,our,present-day,capitalist,society,is,designated,the,amount,of,socially,necessary,labour,contained,in,a,particular,commodityThe,,page,,33,,five,,silver,,groschen,,have,,,therefore,,,been,,consumed,,in,,a,,double,,way,,,reproductively,,for,,capital,,,for,,they,,have,,been,,exchanged,,for,,labour,,power[*],,which,,produced,,ten,,silver,,groschen,,,unproductively,,for,,the,,worker,,,for,,they,,have,,been,,exchanged,,for,,means,,of,,subsistence,,which,,have,,disappeared,,forever,,and,,the,,value,,of,,which,,he,,can,,only,,recover,,by,,repeating,,the,,same,,exchange,,with,,the,,farmerA,,,draft,,,outline,,,of,,,Marx's,,,concluding,,,lectures,,,,which,,,he,,,worked,,,out,,,in,,,December,,,1847,,,under,,,the,,,title,,,of,,,"Wages,",,,complements,,,the,,,present,,,workNow,,,from,,,the,,,worker,,,side?,,,How,,,does,,,this,,,affect,,,workers?,,,Division,,,of,,,labor,,,dumbs,,,down,,,the,,,work,,,,thus,,,making,,,it,,,less,,,expensive,,,(recall,,,the,,,training,,,portion,,,of,,,the,,,work),,,,and,,,thus,,,lowers,,,the,,,wageThen,,,the,,,capitalist,,,,on,,,the,,,same,,,assumptions,,,as,,,before,,,,will,,,give,,,the,,,worker,,,twenty-five,,,pfennigs,,,per,,,item;,,,that,,,makes,,,three,,,marks,,,for,,,twelve,,,items,,,,to,,,earn,,,which,,,the,,,worker,,,needs,,,twelve,,,hoursIn,so,doing,,the,bourgeoisie,is,conveniently,able,to,ignore,the,fact,that,commodities,emerge,through,an,inherently,exploitative,system,of,wage,laborFor,,,the,,,capitalist,,,,the,,,selling,,,price,,,of,,,the,,,commodity,,,produced,,,by,,,the,,,worker,,,is,,,divided,,,into,,,three,,,parts:,,,first,,,,replacement,,,of,,,the,,,price,,,of,,,the,,,raw,,,materials,,,advanced,,,by,,,him,,,together,,,with,,,replacement,,,of,,,the,,,depreciation,,,of,,,the,,,tools,,,,machinery,,,and,,,other,,,means,,,of,,,labour,,,also,,,advanced,,,by,,,him;,,,secondly,,,,the,,,replacement,,,of,,,the,,,wages,,,advanced,,,by,,,him,,,,and,,,thirdly,,,,the,,,surplus,,,left,,,over,,,,the,,,capitalist's,,,profitThe,,share,,of,,capital,,relative,,to,,the,,share,,of,,labour,,has,,risenHence,the,overreachings,within,the,capitalist,class,necessarily,balance,one,anotherThis,,essay,,has,,been,,widely,,acclaimed,,as,,the,,precursor,,to,,Marxs,,important,,treatise,,Das,,Kapital&nbsp,,&nbsp,,In,,addition,,,the,,working,,class,,gains,,recruits,,from,,the,,higher,,strata,,of,,society,,also;,,a,,mass,,of,,petty,,industrialists,,and,,small,,rentiers,,are,,hurled,,down,,into,,its,,ranks,,and,,have,,nothing,,better,,to,,do,,than,,urgently,,stretch,,out,,their,,arms,,alongside,,those,,of,,the,,workersFor,the,same,money,the,workers,can,now,buy,more,commodities,of,all,kinds 79c7fb41ad



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