“We must now examine more closely this peculiar commodity, labour-power. Like all others it has a value. How is that value determined?
The value of labour-power is determined, as in the case of every other commodity, by the labour-time necessary for the production, and consequently also the reproduction, of this special article. So far as it has value, it represents no more than a definite quantity of the average labour of society incorporated in it. Labour-power exists only as a capacity, or power of the living individual. Its production consequently pre-supposes his existence. Given the individual, the production of labour-power consists in his reproduction of himself or his maintenance. For his maintenance he requires a given quantity of the means of subsistence. Therefore the labour-time requisite for the production of labour-power reduces itself to that necessary for the production of those means of subsistence; in other words, the value of labour-power is the value of the means of subsistence necessary for the maintenance of the labourer.
Labour-power, however, becomes a reality only by its exercise; it sets itself in action only by working. But thereby a definite quantity of human muscle, nerve. brain, &c., is wasted, and these require to be restored. This increased expenditure demands a larger income. If the owner of labour-power works to-day, to-morrow he must again be able to repeat the same process in the same conditions as regards health and strength. His means of subsistence must therefore be sufficient to maintain him in his normal state as a labouring individual. His natural wants, such as food, clothing, fuel, and housing, vary according to the climatic and other physical conditions of his country. On the other hand, the number and extent of his so-called necessary wants, as also the modes of satisfying them, are themselves the product of historical development, and depend therefore to a great extent on the degree of civilisation of a country, more particularly on the conditions under which, and consequently on the habits and degree of comfort in which, the class of free labourers has been formed. In contradistinction therefore to the case of other commodities, there enters into the determination of the value of labour-power a historical and moral element. Nevertheless, in a given country, at a given period, the average quantity of the means of subsistence necessary for the labourer is practically known.
The owner of labour-power is mortal. If then his appearance in the market is to be continuous, and the continuous conversion of money into capital assumes this, the seller of labour-power must perpetuate himself, ‘in the way that every living individual perpetuates himself, by procreation.’ The labour-power withdrawn from the market by wear and tear and death, must be continually replaced by, at the very least, an equal amount of fresh labour-power. Hence the sum of the means of subsistence necessary for the production of labour-power must include the means necessary for the labourer’s substitutes, i.e., his children, in order that this race of peculiar commodity-owners may perpetuate its appearance in the market.
In order to modify the human organism, so that it may acquire skill and handiness in a given branch of industry, and become labour-power of a special kind, a special education or training is requisite, and this, on its part, costs an equivalent in commodities of a greater or less amount. This amount varies according to the more or less complicated character of the labour-power. The expenses of this education (excessively small in the case of ordinary labour-power), enter pro tanto into the total value spent in its production.
The value of labour-power resolves itself into the value of a definite quantity of the means of subsistence. It therefore varies with the value of these means or with the quantity of labour requisite for their production.
Some of the means of subsistence, such as food and fuel, are consumed daily, and a fresh supply must be provided daily. Others such as clothes and furniture last for longer periods and require to be replaced only at longer intervals. One article must be bought or paid for daily, another weekly, another quarterly, and so on. But in whatever way the sum total of these outlays may be spread over the year, they must be covered by the average income, taking one day with another. If the total of the commodities required daily for the production of labour-power = A, and those required weekly = B, and those required quarterly = C, and so on, the daily average of these commodities = (365A + 52B + 4C + &c) / 365. Suppose that in this mass of commodities requisite for the average day there are embodied 6 hours of social labour, then there is incorporated daily in labour-power half a day’s average social labour, in other words, half a day’s labour is requisite for the daily production of labour-power. This quantity of labour forms the value of a day’s labour-power or the value of the labour-power daily reproduced. If half a day’s average social labour is incorporated in three shillings, then three shillings is the price corresponding to the value of a day’s labour-power. If its owner therefore offers it for sale at three shillings a day, its selling price is equal to its value, and according to our supposition, our friend Moneybags, who is intent upon converting his three shillings into capital, pays this value.
The minimum limit of the value of labour-power is determined by the value of the commodities, without the daily supply of which the labourer cannot renew his vital energy, consequently by the value of those means of subsistence that are physically indispensable. If the price of labour-power fall to this minimum, it falls below its value, since under such circumstances it can be maintained and developed only in a crippled state. But the value of every commodity is determined by the labour-time requisite to turn it out so as to be of normal quality.”
– Karl Marx, “Capital,” The Buying And Selling of Labor Power
- Follow The Espresso Stalinist on WordPress.com
E.S. Facebook Profile
E.S. TwitterMy Tweets
Comrade Ho Chi Minh"Uncle Ho," birth name Nguyen Sinh Cung. Ho Chi Minh translates to "He Who Enlightens." Remember the Vietnamese workers who liberated Vietnam from French colonial rule and defeated the U.S. imperialists genocide in Vietnam!
- Claims and Facts About the Right of Nations to Self-determination
- The Soviet Industrial Revolution: the Results of the First and Second Five-Year-Plans
- Molotov on Mao
- Molotov on Khrushchev
- Labour Party of Iran (Toufan): Long live the raging movement of the people of Iran!
- The Great Soviet Encyclopedia on the Great October Socialist Revolution
- J.V. Stalin on the Final Victory of Socialism in the U.S.S.R.
- Bill Bland: The Soviet Campaign Against Cosmopolitanism: 1947-1952
- Fidel Castro’s Reflections: The duty to avoid a war in Korea
- Alliance Marxist-Leninist: The Problem of Pablo Picasso
- Djibouti: Chinese troops depart for first overseas military base
- V.I. Lenin to American Workers
- J.V. Stalin on Industry in Colonial Countries
- ICMLPO: Resolution on Turkey
- Russia is an Imperialist Country
- PFLP statement on the 50th anniversary of the June defeat: struggle to confront Zionism and imperialism
- Party of Labour of Iran (Toufan): Condemn the ISIS (Daesh) Criminal and Terrorist Attacks in Tehran, Iran!
- Workers’ Party of Tunisia Statement on the Terrorist Attacks in Iran
- Grover Furr: New Light On Old Stories About Marshal Tukhachevskii: Some Documents Reconsidered
- Communist Party Alliance: Bourgeois Democracy and Proletarian Democracy
- The Berlin Wall: Another Cold War Myth
- The Party of Labour of Iran (Toufan) boycotts the farce presidential elections in Iran
- Soviet Democracy and Bourgeois Democracy
- Georgi Dimitrov to Stalin on the Question of “Social-Fascism”
- Communist Party of the Workers of France (PCOF): Our Position for the Second Round of the Presidential Elections
“Without revolutionary theory there can be no revolutionary movement.”
-- V.I. Lenin
"No force, no torture, no intrigue can eradicate Marxism-Leninism from the minds and hearts of men."
-- Enver Hoxha
"If you do not condemn colonialism, if you do not side with the colonial people, what kind of revolution are you waging?"
-- Ho Chi Minh
“Every departure from class struggle has fatal results for the destiny of socialism.”
-- Enver Hoxha
"A nation which enslaves another forges its own chains."
-- Karl Marx
"Private property must, therefore, be abolished and in its place must come the common utilization of all instruments of production and the distribution of all products according to common agreement - in a word, what is called the communal ownership of goods."
-- Friedrich Engels
"The entire party and country should hurl into the fire and break the neck of anyone who dared trample underfoot the sacred edict of the party on the defense of women's rights."
-- Enver Hoxha, 1967
"Today, in fact, ‘Stalinism’ has become a meaningless term of abuse employed to denote political views with which one disagrees."
-- Bill Bland
"If you are neutral in situations of injustice, you have chosen the side of the oppressor."
-- Desmond Tutu
“The class struggle does not disappear under the dictatorship of the proletariat; it merely assumes different forms... The class of exploiters, the landowners and capitalists, has not disappeared and cannot disappear all at once under the dictatorship of the proletariat. The exploiters have been smashed, but not destroyed. They still have an international base in the form of international capital, of which they are a branch. They still retain certain means of production in part, they still have money, they still have vast social connections."
-- V.I. Lenin, 1919
"We are marching in a compact group along a precipitous and difficult path, firmly holding each other by the hand. We are surrounded on all sides by enemies, and we have to advance almost constantly under their fire. We have combined, by a freely adopted decision, for the purpose of fighting the enemy, and not of retreating into the neighbouring marsh, the inhabitants of which, from the very outset, have reproached us with having separated ourselves into an exclusive group and with having chosen the path of struggle instead of the path of conciliation. And now some among us begin to cry out: Let us go into the marsh! And when we begin to shame them, they retort: What backward people you are! Are you not ashamed to deny us the liberty to invite you to take a better road! Oh, yes, gentlemen! You are free not only to invite us, but to go yourselves wherever you will, even into the marsh. In fact, we think that the marsh is your proper place, and we are prepared to render you every assistance to get there. Only let go of our hands, don’t clutch at us and don’t besmirch the grand word freedom, for we too are ‘free’ to go where we please, free to fight not only against the marsh, but also against those who are turning towards the marsh!"
-- Lenin, “What is to be Done?”
"I have not brought you liberty, I found it here, among you."
-- George Kastrioti "Skanderbeg"
"[The children's] life will be better than ours; much of what was our life, they will not experience. Their lives will be less cruel. [...] Our generation has succeeded in doing a job of astounding historical importance. The cruelty of our life, forced upon us by conditions, will be understood and justified. It will all be understood, all of it!"
-- V.I. Lenin
"There is one, and only one, kind of real internationalism, and that is—working whole-heartedly for the development of the revolutionary movement and the revolutionary struggle in one’s own country, and supporting (by propaganda, sympathy, and material aid) this struggle, this, and only this, line, in every country without exception."
-- V.I. Lenin, 1917
"When the enemy attacks you, it means you are on the right road."
-- Enver Hoxha
"You'll hang me now, but I am not alone. There are two hundred million of us. You can't hang us all."
-- Zoya Anatolyevna Kosmodemyanskaya
"The Great Proletarian Cultural Revolution was neither a revolution, nor great, nor cultural, and, in particular, not in the least proletarian."
-- Enver Hoxha
"Marxism is not only the theory of socialism, it is an integral world outlook, a philosophical system, from which Marx’s proletarian socialism logically follows. This philosophical system is called dialectical materialism.”
-- J. V. Stalin, “Anarchism or Socialism?”
"You speak of Sinified socialism. There is nothing of the sort in nature. There is no Russian, English, French, German, Italian socialism, as much as there is no Chinese socialism. There is only one Marxist-Leninist socialism."
-- J.V. Stalin, 1949
“Nixon is to go to Peking! We are not in agreement. Therefore I think we should write to the Chinese a letter saying that we are opposed to this decision. Nixon is an aggressor, a murderer of peoples, an enemy of socialism — especially of Albania, which the USA has never recognised as a people’s democratic state and against which it has hatched a thousand plots. The invitation to Nixon will benefit imperialism and world reaction, and will gravely harm the new Marxist-Leninist Parties which have looked upon China and Mao Tse-tung as the pillar of the revolution and as defenders of Marxism-Leninism."
-- Enver Hoxha
"It is only the working class at the head of the masses, it is only the working class headed by its real Marxist-Leninist party, it is only the working class through armed revolution, through violence, that can and must bury the traitorous revisionists."
-- Enver Hoxha
“There were two ‘Reigns of Terror,’ if we would but remember and consider it; the one wrought murder in hot passion, the other in heartless cold blood; the one lasted mere months, the other lasted a thousand years; the one inflicted death upon ten thousand persons, the other upon a hundred millions; but our shudders are all for the “horrors” of the minor Terror, the momentary Terror, so to speak; whereas, what is the horror of swift death by the guillotine, compared with lifelong death from hunger, cold, insult, cruelty, and heart-break? What is swift death by lightning compared with death by slow fire at the stake? A city cemetery could contain the coffins filled by that brief Terror which we have all been so diligently taught to shiver at and mourn over; but all France could hardly contain the coffins filled by that older and real Terror—that unspeakably bitter and awful Terror which none of us has been taught to see in its vastness or pity as it deserves.”
— Mark Twain, "A Connecticut Yankee in King Arthur's Court"