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 Labour 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 labour and/or power:
“Are we aware of our obligations to a mob? It is the mob that labour in your fields and serve in your houses—that man your navy, and recruit your army—that have enabled you to defy the world, and can also defy you when neglect and calamity have driven them to despair. You may call the people a mob; but do not forget that a mob too often speaks the sentiments of the people.”
—George Gordon Noel Byron (1788–1824)
“The bitterest creature under heaven is the wife who discovers that her husband’s bravery is only bravado, that his strength is only a uniform, that his power is but a gun in the hands of a fool.”
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