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Marxist Analysis - Essay Example

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Complete (1) In capitalism class struggle can take on many forms. Why does Marx view the length of the work day as part of the arena of class struggle in capitalism? Marx perceives the potential of determining the maximum length of a day of labour through a class struggle and observes that “during the greater part of the 18th century, up to the epoch of Modern Industry and machinism, capital in England had not succeeded in seizing for itself, by the payment of the weekly value of labour-power, the whole week of the labourer … The fact that they could live for a whole week on the wage of four days, did not appear to the labourers a sufficient re…
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Marxist Analysis Essay
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Marxist Analysis

Download file to see previous pages... On the one hand, laborers are disposed to react not based upon the work nature which primarily labels their class and Marx himself acknowledges the truth in their acceptance of the capitalist society and social distinctions with respect to wealth possessed. The working class, however, understands the conflict from a perspective of logical options given two different hourly durations where one case requires more time than the other yet at the same wage amount, a worker would naturally consider being opportune at lesser work hours in order to save time and energy for himself or utilize additional hours with another job to augment his low monetary worth. A capitalist, on the contrary, views the conflict on account not of his superior rank or prominent place in the society but of seeing how his requirement in achieving a targeted goal or profit may not be satisfied due to deficiency with time caused by what he would seem as uncooperative laborers. Clearly, the class struggle is established via the ‘length of the work day’ issue, looming tension between respective desires of the capitalist and the worker. Beyond the mere rigid and hierarchical social system that classifies men into classes, Marx has gone to exhibit the involvement of capitalistic affairs that overlook societal divisions and that are normally bound to mutual agreement on the same level in a capitalist society. Hence, the problem which the ‘work day duration’ presents is well within the realm of a class struggle that is mainly concerned with the state of economy which either class obtains out of production means. (2) What does Marx mean by relative surplus value? Explain the different components of relative surplus value. (In other words, what strategies do capitalists follow that lead to relative surplus value)? By ‘relative surplus value’, Marx pertains to that which is sought through an ‘absolute surplus value’ that generates a surplus working-day duration to the extent that the labourer exceeds the yield or output equivalent to the value of his normal labour capacity. This includes means of appropriating surplus-labour by capital and presumes that the working-day is already made of necessary labour and surplus-labour. Relative surplus-value is claimed to be absolute on providing a driving force to the absolute extension of the working-day beyond the time of work required for the labourer to sustain his existence. To acquire ‘relative surplus value’, the capitalist may adopt the component of moderately curtailing wages so that it leaves the worker no choice but to stay and extend his time to render surplus-labour but not to the point when such reduction goes under the laborer’s capability to afford his cost of living. Shortening of necessary labour makes way for an increase in surplus labour where time to create wage equivalents would be smaller and a worker tends to adjust and compensate through surplus. Another strategy is when the capitalist opts to intensify or heighten the rates of production so ...Download file to see next pagesRead More
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