It has been said that Marx was a writer who spent the greater part of his life writing one important book under a number of different titles. The book referred to is, of course, Capital — a book the knowledge of which is virtually indispensable to an educated person in our time. Not alone is Capital a significant and influential chapter in economic thought but it is also a major book about MAN. Within its covers one will find a miscellany of topics of general interest, such as education, the family and its future, the implications of modern technological development, and so on.
Among the various analytical writings of Marx and Engels, and the best simple introduction to Marxism in Marx’s own words, is Wage-Labor and Capital. This work was first published in 1849, incorporating the text of lectures Marx delivered before members of the German Workingmen’s Club of Brussels, Belgium. In editing it for publication Engels made several changes, the most significant being the substitution of “labor power” [1] for the term “labor” in contexts in which Marx originally spoke of the worker’s sale of his labor to the capitalist.
Describing wages and the wage system of capitalism, and the worker’s selling of his labor power, or ability to work, to the capitalist, Marx wrote:
“. . . labor power is a commodity which its possessor, the wage-worker, sells to the capitalist. Why does he sell it? In order to live. But the putting of labor into action, Le., the work, is the active expression of the laborer’s own life. And this life activity he sells to another person in order to secure the necessary means of life. His life activity, therefore, is but a means of securing his own existence. He works that he may keep alive. He does not count the labor itself as part of his life; it is rather a sacrifice of his life. It is a commodity that he has auctioned off to another. The product of his activity, therefore, is not the aim of his activity. What he produces for himself is not the silk that he weaves, not the gold he draws up the mining shaft, not the palace he builds. What he produces for himself is the wages, and silk, gold and palace are resolved for him into a certain quantity of necessaries of life.”
The striking exactness with which Marx portrayed the role of the wageworker in capitalist society bears its own conclusion. The commodity labor power is unlike any other commodity. It creates more value than its own market value, that is, it produces an amount of value over and above its own value. In brief, the worker labors for the equivalent of but a part of what he produces, and what he produces for himself is no more than enough to live on and to father and bring up more wage workers to replace him. Under capitalism the workers, as a class, are condemned to relative material impoverishment.
The laborer, unlike the chattel slave of the past, does not belong to the capitalist, the owner of the means of production, but a good part of the laborer’s life does belong to the buyer of his labor power. Writes Marx:
“The worker leaves the capitalist to whom he has sold himself, as often as he chooses, and the capitalist discharges him as often as he sees fit, as long as he no longer gets any use, or not the required use, out of him. But the worker, whose only source of income is the sale of his labor, cannot leave the whole class of buyers, i.e., the capitalist class, unless he gives up his own existence. He does not belong to this or that capitalist, but to the capitalist class; and it is for him to find his man, i.e., to find a buyer in this capitalist class.’’
Hence it comes about that socialists refer to workers, unflatteringly perhaps but nonetheless actually, as wage slaves. Capitalism dictates this abominable state of affairs, for capitalism is a system of society in which the instruments of production are operated not in the interest of society as a whole but rather for the private profit of those who own them by means of the socialized labor of the workers; and though the workers are not chattel slaves they are its modern equivalent — wage slaves, bound to a numerically small owning class if they would live and care for their loved ones.
Just what is it that takes place in the exchange between capitalist and wage laborer? Let Marx speak:
“The laborer receives means of subsistence in exchange for his labor power; but the capitalist received, in exchange for his means of subsistence, the productive activity of the laborer, the creative force by which the worker not only replaces what he consumes, but also gives to accumulated labor (of the raw materials) a greater value than it previously possessed. The laborer gets from the capitalist a portion of the existing means of subsistence. For what purpose do these means of subsistence serve him? For immediate consumption. But as soon as I consume means of subsistence, they are irrevocably lost to me, unless I employ the time during which these means sustain my life in producing new means of subsistence, in creating by my labor new values lost in consumption.”
This, then, is the gloomy picture of the workers. The worker when he receives his wage must spend it to live so that he produces more for the capitalist, and so that he can reproduce the equivalent of his wage again so that he can produce still more for the capitalist, and the equivalent of his wage again, and so on through his working life. The worker is chained to the treadmill of reproducing his bare subsistence, of laboring to live and living to labor for the non-worker, the capitalist.
We live in a society where instead of slavery or serfdom we have the wage system. While formerly the slave owners and serf lords appropriated the results of labor frankly, capitalists now do it deceitfully. The wage worker, if he will live, must agree to relinquish most of what he produces to the owner of the means of production.
Within the confines of the capitalist system there is no escape from this degrading oppression for the vast majority of workers. True, one can point to examples of working men raising themselves out of their class, but not of raising their class. If you would start to weaken the chains that bind you, of understanding what capitalism really is, how it operates, and why per force there are victims, it is recommended that you read Wage-Labor and Capital. If in your reading one point or another is not clear to you the World Socialist Party fraternally invites inquiries and welcomes the opportunity to clarify the point(s) in question.
REN.
[1] Labor power includes all the productive attributes of individuals, from the most elementary manual capacity to the most highly valued personality characteristics and managerial and technical skills.




