Therefore, if the market is willing to pay a higher marked up price for the product of that labour which (as you correctly pointed out) stays the same. Then that IS what the labour and its subsequent product is worth to the market.
But irl the labour gets paid less and the capitalist earns the difference. Precisely for no other reason than the fact that he owns the machines, the land and shop.
The laborer gets remunerated (fancy schmancy word for "paid") for his labor. That's why the laborer is there, and the capitalist agrees to pay him for that labor that needs doing for the capilist's business. The laborer, then, has a right (both legal and ethical) to the amount that they agreed to prior to the labor taking place. That right (to being remunerated for the labor provided) is not invalidated or overridden in the event that the capitalist does not turn a profit or even experiences a financial loss. This is the employment contract (and enforced, if necessary, by the guy with the guns and thugs with more guns). The laborer is paid less, because they have no stake in the business. They're paid for their service regardless of the level of success in the business.
Suppose you have a man who starts a business and hires no laborers. He bears all of the risk and bears all of the rewards. He labors and works to ensure his business is successful. Nobody has a problem saying that he has a right to the full fruits of his labor. Even Marx would be nodding along, though he'd still be probably be salty and harbor resentment for people being richer than him, despite the fact that he married a baronness and came from an upper class family, not to mention was funded by a richfag capitalist himself (Engel). But let's forget about all of that for a moment.
Now let's suppose that this man partners up with another who invests his share of capital and takes on 50% of the risk and workload. He labors just like his partner who, prior to their partnership, labored in the business and for its success just he's like doing now. Now everyone would say that they both have a right to half of the rewards (profits). Everyone (who is rational and reasonable) is still cool with this.
As the business grows and develops, the two partners decide to bring in a third partner who invests his share of proportional capital (adjusted for the necessary business valuations). Like the first partner, he now takes on his share of the labor as well, which is now 1/3. They now split the profits three ways. Nothing wrong so far - we're still just adding business owners and splitting up the risks and rewards proportionally.
Something different happens now. The three business owners decide that they want more time for themselves (family, personal projects, enjoying life, whatever). And so they all decide to hire a worker to do select tasks that are part of the running the business, but are the monotonous (though very easy) and time-consuming tasks. They have a meeting to formulate this job, what tasks the the worker will perform, what they think the labor should cost the three of them, and any training that may be required.
They put a job advert and find help. They offer a wage. This wage happens to be lower than the share the three businessmen equally split between themselves.
This is where Marx perks up and goes, "whoa nigga, what is this shit? Why you mfers doin' mah boi Emmaneul dirty like dat? 25%. He gets 25%."
"Uh no? He's not a partner. And who are you? Please fuck off, thx."
"Emmanuel, homes, you gotta kill these mfers and take all of their shit, cuh."
That's basically how that conversation would go down, niggerized for 2025.
Correct. If the price is higher in the market, then the worth of human effort that went into it is higher too because of the demand of that product which was created via that work.
"The worth of the human effort." What is that? Quite vague and nebulous that.
But this relationship also works in reverse. Usually things that require more human labour are priced higher in the market. As long as people are willing to pay that much more for all that.
You seem to labour under the delusion that price is some completely arbitrary abstract entity than can be marked up or down however one likes. The fact that a car will never be as inexpensive as a cake proves otherwise. Even when sold as useless scrap, its higher price will be a testament to all the work and resources that went into extracting its steel if not anything else.
As I've mentioned before, the price of things includes the manufacturing and labor costs, as well the storage, transportation, distribution and whatever other cost associated in the business chain that gets the product to the consumer's hands. That's
why we all see that car costs more than a cake.
We're spinning our wheels here. There's no point in rehashing the same microecon talking points and retreading the same grounds.
Exploitation is exploitation. Moral grandstanding only comes later when you start with the premise that it's wrong. Maybe people should stop having ethical positions then capitalism would make more sense (?)
The feudal lord logic that exploitation breeds envy and resentment is fine too. I'm sure there are people motivated by such emotions. Can't say I can blame them when their children are doing illegal wage labour in dingy factories for $34.5 a month, while their master's children are studying and vacationing in Canada. (I'm sure pointing out these facts is pointless "moral grandstanding" too because these things don't matter)
Exploitation is a few things, and we have to be careful and precise with what is it that we're talking about, if we're making moral evaluations and coming to conclusions from that. One of the things that exploitation is in a strict sense is finding a weaknesses in your opponent's strategy and taking advantage of it. Remember that capitalism is an adversarial game, not a cooperative one. You're always in competition with others playing the same game as you.
The question which now arises is, "is this fair," or, "is there any unfairness here?" What do we mean by fairness? Is it unfair, if I see a move that you don't and then make that move to win? Most people would say no that's fair game.
But why? What is it that makes it fair in one case when a person outplays their opponent and wins, and unfair in another where they also win? The opponenet was exploited in both cases, but why is that exploitation fair in one instance but not the other? What changed is the rules of the game that both parties agree to. "Fairness" is a property that takes on an ethical value when applied to both cases where exploitation is happening. The second case, as you might have surmised, is cheating, and cheating is, of course, not playing by the rules.
Real life suffering, pain, misery and exploitation under capitalism and as a direct consequence of capitalism, actually don't matter because......its moral grandstanding, am I right?
That's just people being assholes doing their assholery using capitalism as the means. Evil, selfish people are going to be evil and selfish, regardless of the systems they operate in. They'll find a way.
"Oh, the humanity." You can keep crying about that, but don't misplace your blame on caplitalism when it's just evil people who happen to be capitalists. There is nothing ideologically inherent to capitalism that says you have to be a mustache-twirler. This is starkly contrasted with communism, which does in fact advocate for violence.
Though I can't speak for your morality. These are just facts, if one doesn't believe that there's nothing immoral about capitalist exploitation then it's a different story. The owners whom I meet sure seem to think it's all fair.
Feel free to make as many evaluative claims on facts as you like. Just make sure to back them appropriately.
To Marx, no such "natural right" exists to begin with. And I can kind of see the logic here. Land and natural resources exist naturally. They would exist even in absence of humans. Non natural human possessions (tools) are created by human labour using the former. And then using those tools combined with more labour we get final commodity. Ownership doesn't factor into any of this.
Yes, of course, they exist naturally. Because something is out in nature and exists naturally, that does not preclude it from the property of ownership. You can go out in nature, find something (usually land) that others have not laid claim to, put labor into that, and then you would be rightfully be able to say that you have ownership of that thing.
This is basically Locke's labor theory of property and isn't a complex or controversial idea.
Well, I guess then it just comes down to a difference of opinion. Who naturally deserves more. The worker who creates or the extortionist who extorts with legal sanctity (threat of force).
I personally can't see why ownership should be the greater virtue than work. Especially when this system directly leads to so much misery (not via mismanagement but through its very structure and forces)
Bro nobody is claiming that ownership is a virtue or a greater virtue than work. JFL
Hell, nobody is even claiming that work itself is a virtue.
That all sounds good for people like you and me who may have some access to capital. Not so much for half of the planet which has to worry about daily survival. People who have no land and no money. If everyone had access to these and the option to reap the fruits of their own labour then this debate wouldn't exist.
Marx was literally the bourgeoisie (fuck, I hate spelling this word). He was from a wealthy family and married into even more wealth, but decided to go full retard. The debate would most certainly exist, even had Marx decided not to spaz out.
I guess when you're rich and don't have to think about where you'll get your meal from you can afford to pontificate and criticize others for sport and leisure, probably to satisfy his own ego and insecurities, who the fuck really knows.
Plus the supposed labourer who may somehow end up with capital and a successful venture, would end up hiring labour anyway. Thus we circle back to capitalist theft.
No, we're not "circling back to capitalist theft." Only communists hold that as true, because they assume the truth of Marx's premise. Nice try.
That way you can have your hollywood rags to riches story. The exploited becomes the exploiter, what an inspiration.
Your quite welcome to cut your heart and let it bleed out for all of the lesser fortunate people. Just remember not to turn into a champagne socialist (read: hypocrite) when your principles experience friction with your wealth, status, and comfort in life.
Yes, this is the thing being criticized here. Treatment of labour as a commodity. Using huge leverage to pay as little as possible, and take away the bigger share for yourself via a system of exploitation. This is like bargaigning in a flee market but you have the option to beat the fish seller to death with a stick if he doesn't agree to your price .
If workers knew their true worth they wouldn't be participating in this "market" at all , which is built to screw them. Their lack of resources to produce commodity by themselves used against them. Put into a competition with each other to the benefit of no one but the capitalist. And the subsequent extortion being justified as a right through ownership.
The rhetoric behind this "free and fair" market is. "Oh you have nothing and need money to live? Well I will buy your labour just like I buy an apple on the market. And since I know that you'll not be able to afford rent, groceries and bills without your next paycheck I'll pay you just enough to be able to afford that with the cheapest options available. And if you don't like this arrangement and want more I can always replace you with the next destitute who has no access to means of production and wants to survive. Btw this is entirely fair, free market you see."
It would be hilarious if it weren't sad watching the workers compete with each other , step on each other and participate in this rat race to be a bit more worthwhile to their capitalist overlords. To get a bigger piece of the crumb falling from the rich man's table for his loyalty and "relative irreplaceability". Which he can then use to buy the same Capitalist's commodity, for survival or luxury, thus enriching him further. While the capitalist laughs all the way to the bank secure in his "ownership" of Capital and all the fun it brings.
You don't like it on principle. I get that. I wouldn't like it either, if I drew the short end of that stick. I can't imagine many who would.
It follows directly from the premise that the first right to fruits of work lie with the worker. I know you reject this premise but here's the logic anyway. You cannot gain wealth by undercutting raw material, natural resources or tools/factory. Because you cannot pay money to non living entities, only to human beings. When a capitalist buys stuff for his business from another capitalist he can underpay him but (usually) the supplier will still operate under profit. Therefore it can only come from either undercutting labour at the end of the rope or undercutting supplier profits.
Infact from my first premise, ALL the capitalist wealth comes from undercutting labour because it should belong to workers in the first place.
Well, I'm not a communist, so naturally I don't agree that the laborer has full rights to the fruits of their labor, only to the compensation that they agreed to beforehand.
We have different starting points and will not come to same conclusions. It's like trying to do math with non-Euclidean geometry by keeping in the fifth postulate. It just doesn't work.
This is circular reasoning. One can't pre-suppose the capitalist relationship to justify itself. This assymetry is neither historically necessary nor non-exploitative. Power assymetries exist everywhere, the ethical question is, which ones are just and fair.
Well, well. Look at that. I've seen this before somewhere. Hm.
They'd be owners only if they had access to Capital which they don't because most can't save enough to build that kind of capital through their wages. They are deliberately kept out of ever reaping the full fruits of their labour via your "free and fair agreement labour market" which pays them as little as possible "fairly".
That's the game, and yes, it is, in fact, fair. Nobody is cheating, but despite this, communists love to cry foul.
I am less interested in your overall point and more interested that you said "exploitation is unethical by definition". I'm not too sure about that one. I know I said that I hold this position but only to challenge you because people usually believe that. But tbh I sometimes think that exploitation is just part of how humans work. Some who hold power over the system enjoy the work built on the back of others. This has been true throughout history. Across all systems including capitalism today. But if one were to hold that stated belief then capitalism indeed is unethical
The definition does not include "unfair," but I was being charitable by including that qualifier (since I knew what you meant), because people colloquially stitch the concepts together (not unlike how people think "Nazi" when they hear the word eugenics and believe that the two ideas are interlinked).
Anyway, I elaborated on this finer point above in this post.
I know you get around this by hand waving capitalist exploitation by saying that business owners have inherent rights to other people's work. But similar hand waving arguments could be used by plantation owners who say white people, being superior race have an inherent right to own slaves (subhumans, to whom "rights of man" don't apply). Or by feudal lords, who hand wave their exploitation via arguments of divine right over land and serfs.
And you're hand waving by asserting the truth of Marx's premises and restating the same wild conclusions that they lead to.
If we're all waving our hands everywhere, then why are even discussing this? You're waving your hand in one way and I'm waving it in the other. If we're all just waving our hands everywhere and dancing to our own fucking tunes, then we're all taking turns pissing in the wind.
Capitalism is exploitative , that is a matter of fact. The more interesting question is, "is exploitation unethical"?
No, it's a matter of how you reach your conclusions.
And you make the opposite value judgement that this labour market is fair and free (it is neither of those). And that's what Marx criticizes with some very valid points.
I disagree. The validity of his points rests on assuming the truth of his specious premise that "profit is theft of labor value." He just takes this as a given (axiom) and rolls with it.
I think this is more of your own personal statement than some claim at truth. If we are leaving this to personal opinions of people then I'm sure many feel many times that they didn't get a fair deal yet still walked into it because of lack of alternatives and the requirements of the situation. A person like you may say that the deal is "fair" to the system as a whole but that particular individual might still disagree. So it's not entirely true that people only agree to a deal ONLY when they think it's fair.
What do you mean by own personal statement as opposed to some claim at truth? It's not about my personal feelings when two or more people agree to a contract and its terms. What I feel about that or how I feel about it has no bearing on the truth that there exist many contracts where an agreement is only reached when all parties involved in the contract believe that the deal is fair.
I'm simply stating some of the possible combinations of outcomes, one of which is, "it is true that both parties agree that the terms are fair, and thus an agreement is made." In the very next sentence I acknowledge other possibilities, like the case of agreeing to a deal that you know is unfair, but you make the deal anyway out of necessity.
I would presume that globally, most workers are one or two paychecks away from total destitution. But I'll need some stats to check that. This presumption tho is nowhere near as naive as the idea that what goes on in the labour market is "fair and just".
Probably, I don't know. What I do know is that what's a fair and just deal is not really for us to decide, unless we're the relevant parties and unless rules and laws are deliberately broken or circumvented in ways which make the arrangement dubious.
But let's forget about that and talk about your average (upper) middle class white collar worker. He gets a bigger piece of the fallen bread crumb. Then he uses it to buy more commodity than your subsistence worker , which then again becomes a source of capitalist wealth. With higher pay come higher expenses , a better lifestyle. I'd say a good number of them too are 3 paychecks away from hitting the streets. The smarter ones save for a rainy day. Maybe take a loan and buy or mortgage some property.
This guy gets a better pay not because his services are any more essential than a subsistence worker but because there are less of him in the market. His only leverage is lies in his scarcity as a commodity and the inter-capitalist competition to acquire his services. But in essence still dependent on the capitalist for means of production which he doesn't have , to survive. He still cannot live on his own means.
Maybe. Probably. I don't know and neither do you.
Capitalism and the nature of your "fair" market always has the effect of putting downward pressure on wages. And that pressure will never go away. Just because the capitalist is paying you more doesn't mean he wants to. And one may think it's only fair until it's their turn to be screwed. This is where the Mexicans in America and the Arabs in europe come in. And all other capitalist tricks to undercut as much as possible.
Of course, it'll never go away. You always want more for less and always want to give away the least amount for the most gain. That's the push and pull of the market.
This isn't just true in capitalist markets, but true in general. Everyone (generally) desires the path of least resistance. You can take a principled stand and claim a higher moral ground, but you'd be making losing, suboptimal plays, be it consciously or otherwise.
You claim that exploitation is possible under capitalism but capitalism itself is not exploitative. But where do you even draw the line? Because of the very nature of how the labour market (that you so vehemently defend) works, there will always be a tendency towards lower wages. At what point do you think the line is crossed and we've stepped into exploitation territory? economic recession? layoffs? Illegal immigration? Child labour? Physical abuse? Debt slavery? Starvation? Malnutrition? Or none of this because all parties "agreed" to it.
We're already there in many respects. There's a reason there's a massive influx of slaves from Arabia and India pouring into Europe and America, respectively. They don't have the same information and advantages that local laborers would and are more exploitable.
Those at the top are winning too hard. I'm not blaming them, because that's the game we agreed to play. We are simply being outplayed.
The only reason people in wealthy western nations can live a decent life is because State regulation prevents the "free hand of the labour market" from ruining everyone's lives.
The only reason? Really? The
ONLY reason.
"If you don't take what I give you, you'll go homeless and starve. And I'll take the rest because I own everything lol, thank you"
Sounds like extortion to me.
More like, "this is the deal. Do you want it?... No? OK, then have a nice day."
Extortion is threatening someone with leverage over them to have them do what you want. There are no threats being made here. Stop being hyperbolic; it's bordering on histrionic.
Not the individual capitalist but capitalism itself. This system IS the reason why the ownership of means of production is so heavily concentrated at the top.
"Economically necessary labour for survival" is a feature of the system
Do you think that happened overnight with the stroke of an emperor's pen or king's seal?
Some capitalists powergamed early on and built empires that span centuries with the wealth being passed through the generations. Don't hate the player, hate the game, to use the trite aphorism.
I don't presume to know or even care how a post capitalist society would work. That's not the point of the thread anyway. People already have a tough time getting their head around the fact that capitalism is inherently exploitative. They hand wave the exploitation with the claim that capitalists own everything so they deserve to take everything . Without questioning either the premise or the conclusion of this statement.
People have a tougher time wrapping their head around a thing being exploitative and also fair at the same time. I'll let you think of some examples.
I don't take issue with this idea. Marx seems to think that fundamental human nature is to work and collaborate. Jordan Peterson tells us that humans are lobsters. I'm not sure about either.
I don't really care what Marx thinks about human nature, tbqh, but he does happen to be partially correct on that account. Humans are tribal, and prosocial behaviors promote intratribal growth and intertribal survival. It's in our nature to work and collaborate with people who are part of our group, but it's also in our nature to be wary of those who aren't and compete with them for our own survival.
Also, why are you bothering to mention Jordan Peterson? He's not relevant here. Or maybe he is and I need you explain it for me.