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å Tuesday, September 27th, 2016

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% Denise Hines completed

 

In Karl Marx’s “Wage Labour and Capital”, Marx was able to breakdown his theory by using examples of specific types of laborurs, he was able to characterize the capitalistic labor power system. The commodities, labor hours and wages were explained well with his use of a weaver. The capatisitic give the labor tools to produce a product to be sold as a commodity. The laborer does not get a percentage of the products, but gets a small amount of earnings from the employee before they even sell the commodity.

Even if the capitalist sells the commodity, they will be earning far more than what wage was paid out to the weaver. Also, if the capitals does not sell and earn profit, they have still been successful because they have the power of labor by having the weaver doing work for them. So whether the capitalist are losing money, they still have power in strengthen capitalism.

The weaver then does not view that he is under the control of a capitalist. The weaver instead believes that he is exchanging his expertise or skill for a wage or earning. The weaver sees this as a means to live. Sees this as a small sacrifice and focus more on the life they live after work is over. Enjoy life and resting. Marx uses the example of a silk worm in comparison to the laborer. A laborur continues to work to earn a wage and live would be like a worm continuing to spin silk to livelonger.

Marx is able to explain that as a capitalist, the best security is to use the money they already have from other commodities, and invest a small portion of this in order to earn or gain more labor power. The actual product that is produced is not always a commodity, but the laborur is the actual product or labor power. The laborur does not belong to the capitalist, yet he belongs to where he is now categorized in the separate working or labor class. He becomes a member of that classification.

It takes a small amount of what that 1% already has to continue to develop the spirit of capitalism. To continue the methods by any means in order to grow labor power. As long as the methods continue, the spirit of capitalism will continue to be strengthened. We work to produce products but are also contributing to the purchasing of commodities and in return makes capitalist so profitable. Wages are nothing within this whole system of increasing the control of labor power.