Question

Is labor truly free to sell itself to employers under capitalism?

Is labor truly free to sell itself to employers under capitalism?

Homework Answers

Answer #1

No, labor is not truly free to sell itself to employers under capitalism. According to Marx, under capitalism labour-power becomes a commodity which can be bought and sold on the market. A worker tries to sell their labour-power to an employer, in exchange for a salary or a wage. Labour power can also be sold by the worker on "own account", wherein he is self-employed, or can be sold by an intermediary like a hiring agency.

Although the worker is legal the owner of the labour power, and is allowed to sell it freely according to their wishes. However, most often the labour power trade is regulated by legislation, and thus the sale may not be termed truly "free" because it may be a forced sale for one cause or another, and indeed it may be sold and bought against the real wishes of the worker even although he holds the own labour power.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Why are libertarians committed to free market capitalism?
Why are libertarians committed to free market capitalism?
It has been speculated that gravity does not truly exist as a force in itself, but...
It has been speculated that gravity does not truly exist as a force in itself, but is instead a manifestation of the electrostatic force, which is the force responsible for the repulsion of like-charges and the attraction of opposite charges. Do you believe this is a credible theory? Why or why not? What experiment could you devise to test this theory?
5. Who have typically been the workers in the textile industries? What were employers looking for...
5. Who have typically been the workers in the textile industries? What were employers looking for when they hired these workers? 6. What are some of the difficulties Chinese textile workers face? What benefits are there to working in the factories? 7. According to Rivoli, capitalism and environmentalism are not at odds with each other. How can the market potentially help protect the environment or advance the cause of environmentalism? 8. Rivoli believes that (good) governance is essential to economic...
Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is...
Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is a divisive and misunderstood term—exceeded in its misapprehension only, perhaps, by socialism. While support for socialism has had a resurgence owing to the last election, capitalism still hangs under the dark cloud of notoriety given to it by the coiner of the term, Karl Marx. Writing in the heat and filth of Britain’s industrial revolution, Marx observed massive changes in society—and massive suffering. He...
Read This before You Ever Debate "Capitalism" Again Paul Mueller (Links to an external site.)Links to...
Read This before You Ever Debate "Capitalism" Again Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is a divisive and misunderstood term—exceeded in its misapprehension only, perhaps, by socialism. While support for socialism has had a resurgence owing to the last election, capitalism still hangs under the dark cloud of notoriety given to it by the coiner of the term, Karl Marx. Writing in the heat and filth of Britain’s industrial revolution, Marx...
Of the 4 big failures that plague free market capitalism, which is the most dangerous, and...
Of the 4 big failures that plague free market capitalism, which is the most dangerous, and why? You can think about as which is the most dangerous to society as a whole, or to you personally.
What are some of the strategies employers are using to maintain a union-free workplace? Do you...
What are some of the strategies employers are using to maintain a union-free workplace? Do you think employers today are increasing or decreasing their opposition to unions? Explain the reason for the answer.
One argument in favor of free market/laissez-faire capitalism is based on the right to liberty. Explain...
One argument in favor of free market/laissez-faire capitalism is based on the right to liberty. Explain a criticism of this argument. Be precise and use your own words.
Many believe that capitalism or free market economy is the only way to develop societies. What...
Many believe that capitalism or free market economy is the only way to develop societies. What happens when free market economy fails to address or take care of individual or social needs? Using examples from your readings, demonstrate how this problem has been dealt with in US history.
2. )The ____________________________ imposes a general duty on most employers to provide a workplace free of...
2. )The ____________________________ imposes a general duty on most employers to provide a workplace free of "recognized hazards causing or likely to cause death or serious physical harm to employees". Group of answer choices a.)1969 Hazard-free Workplace Act b.)1972 Safe Work Zone Act c.)1971 Employee Safety Act d.) 1970 Occupational Safety and Health Act 3. ) The 1986 Electronic Communications Privacy Act prohibits private individuals and organizations from intercepting wire, oral, or electronic communications. This Act provides for two exceptions:...