Karl Marx believed in the Labor Theory of Value; human labor creates value. This theory was not made up by Marx but made up by capitalist of the early nineteen century. Marx formed a different understanding of this theory which most economist disregard today. He believed that the workers make the value while they are at work and that owner pay the workers less then the value they produced. So the capitalist or owners are netting the value that is made but isn't payed to the workers, giving them a reason to hire the workers. Marx calls this exploitation, because the workers are producing more value then they are payed.
I found this podcast to quite bias towards Marxism but I found it to be filled with a bunch of useful information on my opposing view. Although I can't say it is the best source because it's a YouTube video by an unknown person, but the information is consistent with the rest of my research.
http://www.youtube.com/watch?v=_iNPStLR11k&list=UUaqqzB_ojb8J-uvMAY9oKEg&noredirect=1
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