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:
“... we, like so many others who think more of working than of dying, care only to push on steadily, wishing less for cessation of toil than for strength to keep at it; and for wisdom to make it worthy of the ideal of labor and of life which we believe to be the most precious gift of Heaven to any soul.”
—Elizabeth Stuart Phelps (1844–1911)
“You are evil. But even the power of evil cannot stand against the power of faith and goodness.”
—Griffin Jay, and Randall Faye. Lew Landers. Lady Jane Ainsley (Frieda Inescort)