Date: Fri, 14 Dec 2001 16:38:40 +0000 From: Paul Bowman <paulbowman-AT-totalise.co.uk> Subject: RE: AUT: marx question >===== Original Message From mike posner <idlehandsdistro-AT-yahoo.com> ====>Hello >Just joined this list today. My question is what does >marx mean when he says that the capitalist buys labor >power, as opposed to labor? It's been baffling me for >a while and I haven't found anyone that could explain >it.... Labour, as an input to the capitalist production process, is a commodity. Like any other commodity it has a cost which is based on the amount of "socially necessary" (see Chris' notes on the distinction between specific and abstract) labour time it took to produce or - in the simplified case of a daily wage - to reproduce. That (schematically) is the sum of the value of the food, drink and heating, etc. taken to reproduce the proletarian for another days work. As productivity in the production of these "inputs" increases, the total value of the labour commodity decreases. Consider in times past nearly all our ancestors spent nearly all of their productive activity in food production for subsistence. Today less than a 20th of the population in metropolitan states are engaged in food production. If there were nothing in our society except for food production and consumption, then the value of these hypothetical proletarians would be a 20th of the working day of the agricultural workers. When the capitalist hires labour s/he pays the value of the labour - i.e. the cost of reproducing that labour for the next day. If that cost is only, in abstract terms, the equivalent of an hours social productive activity - that is what is payed. However what s/he gets is the actual days work done i.e. the product of our power to produce labour values (whether embodied in physical commodities or less tangible services), perhaps the equivalent of 7.5 hours of socially necessary labour. S/he pays the cost of the proletarian as commodity, but gets the product of that proletarian's productive power. This mismatch is the source of surplus value. It's the difference between labour as product and labour as producer, our ability through increased productivity to increase product above subsistence, eventually to the potential for abundance - a situation where a quantitative difference actually effects a qualitative change, one that makes possible the end of compulsion in production entirely - i.e. communism (which is not simply the result of the common ownership of the means of production - that's socialism which, without communism, is contradictory and doomed to failure). But that potential for abundance cannot be realised within capitalist social relations which artificially maintain the experience of scarcity and marginal existence, long after the forces of production (social productivity) have overcome material scarcity. --- from list aut-op-sy-AT-lists.village.virginia.edu ---
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