SOSC 3240 Lecture Notes - Lecture 3: Labour Power, Surplus Labour, Commodity Market
Document Summary
What you make beyond the cost of production entrepreneurship added an extra value. Gap kids: using child labour - exploiting labour: rely on sweatshop labour. Us poultry: poverty level wages, terrible work conditions. Why is there workplace conflict: the failure to uphold a contract, conflict over working conditions/profits. Marx"s labour theory of value offers an explanation of social conflict between workers and capitalists. In writing capital, marx is concerned with: the laws of motion of capitalism and the social relations associated with capitalism, the apparent freedom of commodity (market) exchange masks the exploitation (and lack of freedom) of labour. Antecedents to marx"s labour theory of value: following a tradition in political economy saw labour as the basis for wealth. Marx"s method takes for granted the necessity of labour for human survival - but not the specific ways that societies organize labour labour is essential.