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The fallacy of everyday notions

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Chapter Summary

This chapter stresses the importance of understanding the centrality of the sale of labour-power and the reproduction of the working class, it also focuses upon an essential element in the political economy of the working class. The working population will rise in one sector with relatively rising wages, but, the experience in the individual case differs from what is true of the whole. The point is really very simplethe subject is the whole. The working class taken as a whole, the capitalist class taken as a whole, capitalism as a whole. To know Marx is to know (1) that the whole is not the sum of the individual parts taken separately and (2) that the way things appear to the individual actors actually involvedeven if the events in question occur over and over againcannot be the basis for our understanding of the whole.

Keywords: capitalism; capitalist class; labour-power; Marx; political economy; rising wages; working class

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