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What is Sold on the Labour-Market?

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Chapter Summary

The question what is sold on the Labour-Market formulated in the title has already been answered for the great majority of those who accept as correct the basic concept of Marx's labour-theory of value, the commodity of labour-power. It is sold by wage-workers and bought by capitalists. With the commodity discovered by Marx namely, labour-power this must be different in any relationship. Those who have bought labour-power certainly have the possibility of disposing of the commodity of dismissing workers but they clearly do not have the possibility, except in certain special cases, of reselling the commodity of labour-power. But is it then at least the case that the employer pays those who sell the rights of use for their labour-power on the labour-market, the use 'of those mental and physical capabilities existing in the living personality of a human being'?

Keywords: capitalists; dismissing workers; labour-power commodity; Marx's labour-theory of value



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