Labour power
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- between the capacity to do work, i.e. labour power, and the physical act of working, i.e. labour. Labour power exists in any kind of society, but on what...
- agent. When applying this to labour (or labor) it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between...
the worker sells their labour power under a formal or informal employment contract. These transactions usually occur in a labour market where wages or...
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied...
Das Kapital, Volume I (section The intricacies of the general formula relate to the role of labour-power)of the working day into necessary labour (labour that is for the value of labour-power) and surplus labour (labour that is totally toward the profit of...- society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian or...
- The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists, and trade...
Wage (redirect from Labour cost)abstraction, labour-power, which the purchaser then uses at a time and under conditions which he, the purchaser, not the "owner" of the labour-power, determines...- Trade union (redirect from Labour union)their employment". Karl Marx described trade unions thus: "The value of labour-power constitutes the conscious and explicit foundation of the trade unions...
- Surplus labour (German: Mehrarbeit) is a concept used by Karl Marx in his critique of political economy. It means labour performed in excess of the labour necessary...
hand all labour is, speaking physiologically, an expenditure of human labour power, and in its character of identical abstract human labour, it creates...- Surplus value (section Morality and power)through sale of the product minus the cost of the materials, plant and labour power. The concept originated in Ricardian socialism, with the term "surplus...
- Labor theory of value (redirect from Labour theory of value)reasoning: The most important of these assumptions are that the value of labour power is proportionate to the actual wage rate, that the ratio of variable...
- classes. The power of one social class to control the means of production enables its exploitation of other classes. Under capitalism, the labour theory of...
(known as the proletariat) that enable these means by selling their labour power in return for wages. Employing his historical materialist approach, Marx...- on) with human labour power. Marx and Engels probably derived the concept from Adam Smith's reference to the "productive powers of labour" (see e.g. chapter...
- forces (labour power and means of production), the conditions of production and the relations of production. The reproduction of labour power is ensured...
- wage-earners in a capitalist society whose main material value is their labour-power; encompasses the working class and the underclass Social class, social...
Child labour is the exploitation of children through any form of work that interferes with their ability to attend regular school, or is mentally, physically...- specific combination of the: Productive forces: these include human labour power and means of production (tools, machinery, factory buildings, infrastructure...
- has an article on: labour power Wikipedia labor power (US) labour-power, labor-power (US) Calque of German Arbeitskraft. labour power (uncountable) (Marxism)
- Surplus-value/Variable Capital (s/v)=Surplus-value/Value of labour-power=Surplus-labour/Necessary labour The two first of these formulæ represent, as a ratio
- distinguished between the capacity to do work, labour power, from the physical act of working, labour. Labour power exists in any kind of society, but on what
- Digital labour is one of the ways of working in the digital age. As Dennis Beck and Claretha Hughes say, historically this era began when the use of digital