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 belong to the community. It is not the tailor alone who is the ninth part of a man; it is as much the preacher, and the merchant, and the farmer. Where is this division of labor to end? and what object does it finally serve? No doubt another may also think for me; but it is not therefore desirable that he should do so to the exclusion of my thinking for myself.”
—Henry David Thoreau (1817–1862)
“The continuance of our passions is no more in our own power than the term of our life.”
—François, Duc De La Rochefoucauld (1613–1680)