Sample Essay on:
Labor-Related Concepts of Marx's Capital

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Essay / Research Paper Abstract

This 5 page paper delves in Capital and explores definitions of labor, labor-power and laborer according to the work. Other concepts are discussed. Quotes are included. No additional sources cited.

Page Count:

5 pages (~225 words per page)

File: RT13_SA042cap.rtf

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Unformatted sample text from the term paper:

employers whose actions are sometimes purely selfish. When Karl Marx wrote his Capital in 1867, workers were not protected as they are today and labor was considered quite differently. Marx often expounded on the problems of workers who were pitted against their employers and explained how their alienation was a result of capitalism. In looking at this authors great volume called Capital, included in the work are thoughts about labor, labor power, and laborers. Marx distinguished the concepts from one another. In examining Capital one finds that indeed these concepts are all included in the work. In the first chapter of Volume One of Capital, Marx talks about labor. He expresses and defines the concept quite thoroughly in section 1. In Section 4, Marx talks much about commodities. He discusses the "specific social character of private labour carried on independently" (Marx, Ch.I, sec.4) as well as other aspects. Using chapters IV and V, and that information as a springboard, Marx turns the discussion to labor in Chapter VI. He talks about the change in the value of money and that change originates in the use-value of money in how it is consumed. He explains that in order to buy labor power with that money, various conditions need to be fulfilled. Marx explains how buying labor is different than buying a commodity. It is expressed that purchasing labor is contingent on workers rights and two people negotiate a price in terms of salary. Further, it is explained that if a man wants to sell anything above and beyond sheer labor power he needs to have a means of production inclusive of raw materials and appropriate implements to create product. Here, there is some distinction made between labor and labor power. To convert money into ...

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