General Education Ethical Reasoning 21 Lecture Notes - Lecture 16: Exchangeable Random Variables, Labour Power
21 Mar 2016
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This is the start of everything adam smith had questions about this even. The answer to this question is why there is opposition between classes. It would be pointless to buy something and sell for the same no profit. Buy low, sell high leads to profit. Some people could say that prices are higher than values. I rent out temporal packet of 8 hours of snahlt (number of hours. Marx"s argument is based on something that is built into the capitalist system no emphasis on individual outlooks. However, marx also has deep moral criticism: exploitation. It is in the interest of profit-making and capitalists to keep wages down. It is also in the interest that each hour of labor time produces as much as possible efficiency: predicts social conflicts about laboring conflicts will be met with huge resistance due to inertia.
