[lbo-talk] Liberal Intellectuals and the Coordinator Class

Mike Ballard swillsqueal at yahoo.com.au
Thu Jul 12 00:01:35 PDT 2007


Biil Bartlett:
> Wage labour, more or less, it seems to me.

Tayssir responded: Depends on how you define it, like "democracy" can mean anything nowadays.

If "wage labor" implies relationships where workers are subordinate to a boss, or sell themselves on labor markets, then I doubt it applies to Parecon. ***********

And more, Tayssir. As Marx analysed it, wage labour is where the working class sell their time and skills to the employing class for a price (wage). *What the employer gets for this price is the ownership of the product of the worker's labour.* The employer then markets that product (good or service) i.e. the product becomes a commodity. By selling goods and services the workers produce, the capitalist makes a profit. Thus, the separation/the alienation between the product and producer begins with wage labour. The power to control/own the social product of labour is at the core of the political power which the ruling classes have had *over* the producing classes since the dawn of history. Marx tried to clear the air on this question vis a vis the capitalist system of production in a speech he made to a group of assembled workers back in 1865. That speech, now commonly known as "Value, Price and Profit", can be found here:

http://www.marxists.org/archive/marx/works/1865/value-price-profit/

Of course, an expansion of the principles found in this speech can be read in more detail in all the volumes of CAPITAL and other works by Marx and Engels.

Mike B)

An injury to one is an injury to all http://www.iww.org/

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