POL S 1 Lecture Notes - Lecture 8: Wage Labour, Labour Power, Productive Forces
Document Summary
Idea that capital itself contributes to a fundamental inequality. Explore the economic relationships that make up our society. Wages are determined by how much property owners and capitalists are willing to pay you for your work. You are selling your labor power (labor power commodity) Subsistence : so we can live !! we need to work to buy food and pay rent and stay alive (off the street and not hungry) We work in order to livesell a particular part of your life in order to maintain that life 204. Slaves/servants sell themselves all at once: body is commodity rather than time. Surf: sells only part of their labor power, but the rest is used to take care of themselves. Sells their labor in a radical way: selling products that are an accumulation of labor time (labor time is sold through a different commodity/product) All social relations are the outcomes of means of production.
