PHIL 1100 Lecture Notes - Lecture 5: Wage Labour

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Critique of political economy private property wage labour division of labour exchange value value of something in market the worker sinks to the level of the commodity commodity is a thing to be exchanged. The whole of society must fall apart into the two classes - property owners and propertyless workers . Money-commodity-money commodity- a thing whose only value is to be exchanged bourgeois. [ ] we proceed from an actual economic fact. taking labour to market for other labour in self-interest capitalism critique: projects the truth, such as a way religion does this. This fact expresses merely that the object which labour produces - labor"s product - confronts it as something alien, as a power independent of the producer. The product of labor which has been embodied in an object, which has become material: it is the objectification of labor. The product is after all but the summary of the activity, or production.

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