Labor Power

Labor Power

Labour power (in German: Arbeitskraft, or labour force; in French: force de travail) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces of human beings. Labour power can be simply defined as work-capacity, the ability to do work. Labour power exists in any kind of society, but on what terms it is traded or combined with means of production to produce goods and services has historically varied greatly.

Under capitalism, according to Marx, the productive powers of labour appear as the creative power of capital. Indeed "labour power at work" becomes a component of capital, it functions as working capital. Work becomes just work, workers become an abstract labour force, and the control over work becomes mainly a management prerogative.

Read more about Labor Power:  Definition, Labour-power Versus Labour, Labour Power As Commodity, Value of Labour Power, Labour Power and Wages, Consumption of Labour Power, Reproduction of Labour Power, The Role of The State, Quotation By Marx On The Value of Labour Power and Classical Political Economy, Labour Power and Labour Market Flexibilisation, Criticism of The Concept of Labour Power

Famous quotes containing the words labor and/or power:

    I think it is a wise course for laborers to unite to defend their interests.... I think the employer who declines to deal with organized labor and to recognize it as a proper element in the settlement of wage controversies is behind the times.... Of course, when organized labor permits itself to sympathize with violent methods or undue duress, it is not entitled to our sympathy.
    William Howard Taft (1857–1930)

    In night when colours all to black are cast,
    Distinction lost, or gone down with the light;
    The eye—a watch to inward senses placed,
    Not seeing, yet still having power of sight—
    Gives vain alarums to the inward sense
    Fulke Greville (1554–1628)