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It is simple labour [English economists call it "unskilled labour"] which any average individual can be trained to do and which in one way or another he has to perform. The characteristics of this average labour are different in different countries and different historical epochs , but in any particular society it appears as something given."
Labor-power might be seen as a stock which can produce a flow of labor. Labor, not labor power, is the key factor of production for Marx and the basis for earlier economists' labor theory of value. The hiring of labor power only results in the production of goods or services ("use-values") when organized and regulated (often by the "management ...
To each according to his contribution" is a principle of distribution considered to be one of the defining features of socialism. It refers to an arrangement whereby individual compensation is representative of one's contribution to the social product (total output of the economy) in terms of effort, labor and productivity. [1]
Ministers have given varying descriptions of group they have pledged not to raise taxes on
As a result, the company went bankrupt within four years. In Margaret Atwood 's 1985 novel The Handmaid's Tale , members of a dystopian society recited the phrase thrice daily. [ 21 ] Notably the phrase is altered to read "From each according to her ability; to each according to his need", demonstrating a perversion of the phrase's original ...
Labor is a type of action, and action is not ownable; rather, it is the way that some tangible things (e.g., bodies) act in the world. — Kinsella Stephan(2008), Against Intellectual Property Judith Jarvis Thomson points out that the act of laboring makes Locke's argument either an appeal to desert , in which case the reward is arbitrary- "Why ...
Human labor becomes dominated by the economic exchange of the products of that labor, and labor itself becomes a tradeable abstract value (see Abstract labour and concrete labour). The result of the difficulties in explaining economic value and its sources is that value becomes something of a mystery, and that how the attribution of value ...
But these unskillful workers cannot hope to sell the result of their labor process at a higher price (as opposed to value) simply because they have spent more time than other workers producing the same kind of commodities. However, production not only involves labor, but also certain means of labor: tools, materials, power plants and so on.