"Changes of Magnitude in the Price of  Labour-Power and in Surplus-Value (Chap 1.17.4)" by Karl Marx
"Changes of Magnitude in the Price of  Labour-Power and in Surplus-Value (Chap 1.17.4)" by Karl Marx

“Changes of Magnitude in the Price of Labour-Power and in Surplus-Value (Chap 1.17.4)”

Karl Marx * Track #48 On Das Kapital I

Download "“Changes of Magnitude in the Price of Labour-Power and in Surplus-Value (Chap 1.17.4)”"

Album Das Kapital I

"Changes of Magnitude in the Price of Labour-Power and in Surplus-Value (Chap 1.17.4)" by Karl Marx

Performed by
Karl Marx

“Changes of Magnitude in the Price of Labour-Power and in Surplus-Value (Chap 1.17.4)” Annotated

SECTION 4

SIMULTANEOUS VARIATIONS IN THE DURATION,                   PRODUCTIVENESS, AND INTENSITY OF LABOUR

---------------------------------------------------------------------

It is obvious that a large number of combinations are here possible. Any two of the factors may vary and the third remain constant, or all three may vary at once. They may vary either in the same or in different degrees, in the same or in opposite directions, with the result that the variations counteract one another, either wholly or in part. Nevertheless the analysis of every possible case is easy in view of the results given in I., II., and III. The effect of every possible combination may be found by treating each factor in turn as variable, and the other two constant for the time being. We shall, therefore, notice, and that briefly, but two important cases.

A. Diminishing productiveness of labour with a simultaneous lengthening of the working-day.

In speaking of diminishing productiveness of labour, we here refer to diminution in those industries whose products determine the value of labour-power; such a diminution, for example, as results from decreasing fertility of the soil, and from the corresponding dearness of its products. Take the working-day at 12 hours and the value created by it at 6 shillings, of which one half replaces the value of the labour-power, the other forms the surplus value. Suppose, in consequence of the increased dearness of the products of the soil, that the value of labour-power rises from 3 shillings to 4, and therefore the necessary labour time from 6 hours to 8. If there be no change in the length of the working-day, the surplus-labour would fall from 6 hours to 4, the surplus value from 3 shillings to 2. If the day be lengthened by 2 hours, i.e., from 12 hours to 14, the surplus-labour remains at 6 hours, the surplus value at 3 shillings [note], but the surplus value decreases compared with the value of labour-power, as measured by the necessary labour time. If the day be lengthened by 4 hours, viz., from 12 hours to 16, the proportional magnitudes of surplus value and value of labour-power, of surplus-labour and necessary labour, continue unchanged, but the absolute magnitude of surplus value rises from 3 shillings to 4, that of the surplus-labour from 6 hours to 8, an increment of 33 1/3%. Therefore, with diminishing productiveness of labour and a simultaneous lengthening of the working-day, the absolute magnitude of surplus value may continue unaltered, at the same time that its relative magnitude diminishes; its relative magnitude may continue unchanged, at the same time that its absolute magnitude increases; and, provided the lengthening of the day be sufficient, both may increase.

In the period between 1799 and 1815 the increasing price of provisions led in England to a nominal rise in wages, although the real wages, expressed in the necessaries of life, fell. From this fact West and Ricardo drew the conclusion, that the diminution in the productiveness of agricultural labour had brought about a fall in the rate of surplus value, and they made this assumption of a fact that existed only in their imaginations, the starting-point of important investigations into the relative magnitudes of wages, profits, and rent. But, as a matter of fact, surplus value had at that time, thanks to the increased intensity of labour, and to the prolongation of the working-day, increased both in absolute and relative magnitude. This was the period in which the right to prolong the hours of labour to an outrageous extent was established; [7] the period that was especially characterised by an accelerated accumulation of capital here, by pauperism there. [8]

B. Increasing intensity and productiveness of labour with simultaneous shortening of the working-day.

Increased productiveness and greater intensity of labour, both have a like effect. They both augment the mass of articles produced in a given time. Both, therefore, shorten that portion of the working-day which the labourer needs to produce his means of subsistence or their equivalent. The minimum length of the working-day is fixed by this necessary but contractile portion of it. If the whole working-day were to shrink to the length of this portion, surplus-labour would vanish, a consummation utterly impossible under the régime of capital. Only by suppressing the capitalist form of production could the length of the working-day be reduced to the necessary labour time. But, even in that case, the latter would extend its limits. On the one hand, because the notion of “means of subsistence” would considerably expand, and the labourer would lay claim to an altogether different standard of life. On the other hand, because a part of what is now surplus-labour, would then count as necessary labour; I mean the labour of forming a fund for reserve and accumulation.

The more the productiveness of labour increases, the more can the working-day be shortened; and the more the working-day is shortened, the more can the intensity of labour increase. From a social point of view, the productiveness increases in the same ratio as the economy of labour, which, in its turn, includes not only economy of the means of production, but also the avoidance of all useless labour. The capitalist mode of production, while on the one hand, enforcing economy in each individual business, on the other hand, begets, by its anarchical system of competition, the most outrageous squandering of labour-power and of the social means of production, not to mention the creation of a vast number of employments, at present indispensable, but in themselves superfluous.

The intensity and productiveness of labour being given, the time which society is bound to devote to material production is shorter, and as a consequence, the time at its disposal for the free development, intellectual and social, of the individual is greater, in proportion as the work is more and more evenly divided among all the able-bodied members of society, and as a particular class is more and more deprived of the power to shift the natural burden of labour from its own shoulders to those of another layer of society. In this direction, the shortening of the working-day finds at last a limit in the generalisation of labour. In capitalist society spare time is acquired for one class by converting the whole life-time of the masses into labour time.

---------------------------------------------------------------------

Footnotes

7. “Corn and labour rarely march quite abreast; but there is an obvious limit, beyond which they cannot be separated. With regard to the unusual exertions made by the labouring classes in periods of dearness, which produce the fall of wages noticed in the evidence” (namely, before the Parliamentary Committee of Inquiry, 1814-15), “they are most meritorious in the individuals, and certainly favour the growth of capital. But no man of humanity could wish to see them constant and unremitted. They are most admirable as a temporary relief; but if they were constantly in action, effects of a similar kind would result from them, as from the population of a country being pushed to the very extreme limits of its food.” (Malthus: “Inquiry into the Nature and Progress of Rent,” Lond., 1815, p. 48, note.) All honour to Malthus that he lays stress on the lengthening of the hours of labour, a fact to which he elsewhere in his pamphlet draws attention, while Ricardo and others, in face of the most notorious facts, make invariability in the length of the working-day the groundwork of all their investigations. But the conservative interests, which Malthus served, prevented him from seeing that an unlimited prolongation of the working-day, combined with an extraordinary development of machinery, and the exploitation of women and children, must inevitably have made a great portion of the working-class “supernumerary,” particularly whenever the war should have ceased, and the monopoly of England in the markets of the world should have come to an end. It was, of course, far more convenient, and much more in conformity with the interests of the ruling classes, whom Malthus adored like a true priest, to explain this “over-population” by the eternal laws of Nature, rather than by the historical laws of capitalist production.

8. “A principal cause of the increase of capital, during the war, proceeded from the greater exertions, and perhaps the greater privations of the labouring classes, the most numerous in every society. More women and children were compelled by necessitous circumstances, to enter upon laborious occupations, and former workmen were, from the same cause, obliged to devote a greater portion of their time to increase production.” (Essays on Pol. Econ., in which are illustrated the principal causes of the present national distress. Lond., 1830, p. 248.)

Note. Earlier English translations have “6 sh.” instead of 3 shillings. This error was pointed out to us by a reader, we have investigated and checked with the 1872 German Edition and duly corrected an obvious error. See “A three shilling mystery”.

Your Gateway to High-Quality MP3, FLAC and Lyrics
DownloadMP3FLAC.com