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:
“... continual hard labor deadens the energies of the soul, and benumbs the faculties of the mind; the ideas become confined, the mind barren, and, like the scorching sands of Arabia, produces nothing; or, like the uncultivated soil, brings forth thorns and thistles. Again, continual hard labor irritates our tempers and sours our dispositions; the whole system become worn out with toil and fatigue; nature herself becomes almost exhausted, and we care but little whether we live or die.”
—Maria Stewart (1803–1879)
“The open frontier, the hardships of homesteading from scratch, the wealth of natural resources, the whole vast challenge of a continent waiting to be exploited, combined to produce a prevailing materialism and an American drive bent as much, if not more, on money, property, and power than was true of the Old World from which we had fled.”
—Barbara Tuchman (1912–1989)