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What Does It Mean When Labor Power Becomes Commodity?

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The Philosophy of Capital
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Abstract

In the first Chapter of Capital, “The Fetishism of Commodities” is the last section of the Chapter Commodities. Marx points out that the magnitude of capital value does not spring from the exchange process after his discussion of exchanges.

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Notes

  1. 1.

    Marx (2020).

  2. 2.

    Marx and Engels, Marx & Engels Collected Works, 28: 220.

  3. 3.

    Marx and Engels, Marx & Engels Collected Works, 30: 48.

  4. 4.

    Marx, Capital, 1: 120.

  5. 5.

    Marx and Engels, Marx & Engels Collected Works, 42: 386.

  6. 6.

    In Marx’s Draft of an Article on Friedrich List’s book National System of Political Economy, Marx criticized List productive forces, saying “To destroy the mystical radiance which transfigures “productive force”, one has only to consult any book of statistics. There one reads about water-power, steam-power, manpower, horse-power. All these are “productive forces”. Is it a high appreciation of man for him to figure as a “force alongside horses, steam and water?” Marx and Engels, Marx & Engels Collected Works, 4: 285. Marx at this time is still influenced by humanistic thinking and he is against thinking that regards men’s labor as a simple “force”.

  7. 7.

    Marx, Wage labor and Capital Wages, Price and Profit, 5.

  8. 8.

    Marx, Theories of Surplus Value, 1: 51.

  9. 9.

    Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations, 18.

  10. 10.

    Marx and Engels, Marx & Engels Collected Works, 28: 41.

  11. 11.

    Marx and Engels, Marx & Engels Collected Works, 28: 41.

  12. 12.

    G. W. F. Hegel, Phenomenology of Spirit, 172.

  13. 13.

    Marx and Engels, Marx & Engels Collected Works, 3: 333.

  14. 14.

    As for the reading of this part see Yang (2006), Chap. 1.4.

  15. 15.

    Marx and Engels, Marx & Engels Collected Works, 3: 333.

  16. 16.

    Marx and Engels, Marx & Engels Collected Works, 28: 189.

  17. 17.

    Marx and Engels, Marx & Engels Collected Works, 28: 235.

  18. 18.

    Marx and Engels, Marx & Engels Collected Works, 29: 219.

  19. 19.

    Marx, Capital, 1: 237.

  20. 20.

    Georg Lukác, History and Class Consciousness, 88.

  21. 21.

    Braverman (1998).

  22. 22.

    Marx and Engels, Marx & Engels Collected Works, 28: 189.

  23. 23.

    Marx and Engels, Marx & Engels Collected Works, 28: 176.

  24. 24.

    Marx and Engels, Marx & Engels Collected Works, 6: 113.

  25. 25.

    Georg Lukács, Ontology of Social Being: Labor, 3: iv.

  26. 26.

    Georg Lukács, Ontology of Social Being: Labor, 3: 72.

  27. 27.

    Marcuse (1955).

  28. 28.

    Marcuse (1989).

  29. 29.

    Marcuse (1966).

  30. 30.

    Jean Baudrillard, The Mirror of Production, 24.

  31. 31.

    Jean Baudrillard, The Mirror of Production, 31.

  32. 32.

    Jean Baudrillard, The Mirror of Production, 39.

  33. 33.

    Karl Marx, Capital, 1: 359.

References

  • Braverman, H. (1998). Labor and monopoly capital (p. 119). Monthly Review Press.

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  • Marcuse, H. (1955). Reason and revolution (p. 292). Routledge & Kegan Paul Ltd.

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  • Marcuse, H. (1966). Eros and civilization (p. 77). Beacon Press.

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  • Marcuse, H. (1989). Civilization and the confusion of peopleselected works of Herbert Marcuse (pp. 216–217). In X. Li (Trans.). SDX Joint Publishing Company.

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  • Marx, K. (2020). Wage labor and capital wages, price and profit (p. 2). Foreign Languages Press.

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  • Yang, H. (2006). A critique of metaphysics—the prerequisite of Marxian philosophy and its contemporary effect. Jiangsu People’s Press, Chap. 1.4.

    Google Scholar 

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YANG, H. (2023). What Does It Mean When Labor Power Becomes Commodity?. In: The Philosophy of Capital. Springer, Singapore. https://doi.org/10.1007/978-981-99-3545-1_8

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