All workers deserve more than just the cost of their labor power

  • Ildsaye [they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    16
    ·
    edit-2
    21 days ago

    Workers are, as a rule, not paid the cost of their labor power denied the full fruits of their labor. The scam of capitalism is that workers are usually paid a small fraction of the value they generate for the company. Some of that value must necessarily go to material inputs, maintenance, and upgrades of the workplace, as well as contribution to necessary public services; some goes to the worker; but the bulk of it goes to owners and shareholders for no good reason.

    • Cowbee [he/they]@lemmy.ml
      link
      fedilink
      arrow-up
      13
      ·
      edit-2
      22 days ago

      Labor-power is paid its value, which is the cost to reproduce a day of labor. The problem is that workers work beyond the number of hours needed to do so due to capitalist relations. In other words, a worker sells their labor power for 1 day to earn the ability to survive another day, but the capitalist gets out of it more commodities than the worker needed and thus comes the profit, this surplus value creation. Commodities are sold at their value, not above it, to still make a profit.

      Huge simplification though, there exists super-exploitation of the global south via imperialism, there’s also the reserve army of labor and intentional homelessness to force lower wages, and the struggle for higher wages by workers, and much more. Might need to re-read Capital tho, I’ve been focusing on DiaMat and hismat and am a bit rusty economically.

    • ComradeSharkfucker@lemmy.mlOP
      link
      fedilink
      English
      arrow-up
      9
      ·
      edit-2
      22 days ago

      Labor power is not the same as labor. The price of labor power is the minimum cost of reproducing labor. That’s enough money to provide food, water, and shelter. The quality of your shelter is up for debate though. Effectively, the price of labor power is how much it cost for you to be able to come to work the next day. VPP covers the topic in detail

        • ComradeSharkfucker@lemmy.mlOP
          link
          fedilink
          English
          arrow-up
          2
          ·
          22 days ago

          That’s how they get you to work multiple jobs for more hours to extract further value. If you are surviving then you are being paid the value of your labor power or being subsidized by family.

            • knotRyder@lemmy.ca
              link
              fedilink
              arrow-up
              2
              ·
              22 days ago

              And minimum wage should be at living a life level, but there still needs to be a minimum and a maximum cuz we can’t give all work the same reward

  • Aralakh@lemmy.ca
    link
    fedilink
    arrow-up
    6
    ·
    22 days ago

    This meme is even better knowing that the Ron Swanson character is unapologetically libertarian.

    edit: spelling is hard