TAILIEUCHUNG - Ebook Beyond capital Marxs political economy of the working class (2nd edition): Part 2

(BQ) Part 2 book "Beyond capital Marxs political economy of the working class" has contents: From capital to the collective worker, from political economy to class struggle, beyond capital, the one sidedness of wage labour, one sided marxism, wages. | 6 Wages The level of the necessaries of life whose total value constitutes the value of labour-power can itself rise or fall. The analysis of those variations, however, belongs not here but in the theory of wages. Marx (1977: 1068–9) The political economy of wage-labour discussed in our last chapter stipulates that, just as capital benefits directly from the competition of workers, in turn the ability of workers to capture the gains from social production depends upon their success in reducing the separation and division in social relations among themselves. By forming trade unions and by attempting to turn the state ‘into their own agency’ (Marx, 1866: 344–5), workers struggle to satisfy unrealized social needs and to ‘achieve a certain quantitative participation in the general growth of wealth’ (Marx: 1971: 312). They press in the opposite direction to capital in order to increase the level of their wages. Class struggle, it appears, is critical in the determination of wages. But, where does class struggle fit into Capital’s discussion of the value of labour-power? Chapter 1 introduced the concepts of necessary labour and the value of labour-power. There we noted that the hours of labour (w) necessary to produce the daily requirements (U) of the worker depend upon the productivity of labour (q): w ϭ U/q (). In value-terms, ‘the value of labour-power [the value-form of necessary labour] can be resolved into the value of a definite quantity of the means of subsistence. It therefore varies with the value of the means of subsistence, . with the quantity of labour-time required to produce them’ (Marx, 1977: 276). 101 102 Beyond Capital As Chapter 3 demonstrated, however, Marx assumed in Capital that this ‘definite quantity of the means of subsistence’ was given and fixed. Rather than explore the effects of class struggle on wages, he set aside anything to do with changes in real wages or in the level of needs that workers are able to satisfy as a subject .

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