Is The Use Of Machines Tools And Labor To Produce Goods For Use Or Sale? What Is Manufacturing? Manufacturing is the processing of raw materials or parts into finished goods through the use of tools, human labor, machinery, and chemical processing. What are the tools equipment and machinery used to produce goods called? Capital –
Is Labour-power A Commodity? Under capitalism, according to Marx, labour-power becomes a commodity – it is sold and bought on the market. A worker tries to sell his or her labour-power to an employer, in exchange for a wage or salary. … Normally, the worker is legally the owner of his labour power, and can
What Is The Difference Between Labour And Labour-power? Labor is something humans have always done to produce the goods and services upon which life depends. Labor power is something very historically specific, is often absent in long periods of human history, and reaches its fullest presence in capitalism. Labor power is what a worker sells
What Is The Relationship Between Labour And Capital? According to Marxism, the nature of the labor-capital relations of capitalism is the enforcement and exploitation of laborers by capital and the possession of workers’ surplus value by the capitalist without remuneration. What is the conflict between labor and capital? The conflict between the interests of labour