Value of labor

“ This wasted labor does not count in measuring value. The only labor that counts is the labor that is socially necessary under normal conditions for the production of the given commodity. Again, labor spent to produce a useless article does not produce value. To produce value the labor must serve to satisfy human wants. Now, I think this is quite clear so far. We know what surplus-value is. We know what value is and how it is measured. Let us now see what is meant by the Value of Labor-Power. ”

“ Labor-time, therefore, is the universal measure of value, the common medium that determines values. But this labor is acquired in the open labor market by the capitalist at the lowest possible price, a price whose utmost limit is the bare cost of living. The reward for his labor is called a wage. ”

“ These great problems concerning the relation of labor and capital (the brotherhood of man) will never be solved until there is greater respect for labor; greater appreciation of the value of the products of labor; until there is more joy to the worker in his labor, which should be the expression through his hand, of the thought of his head, and the feeling of his heart; until labor is seen in its true light, as service; until the man with money as well as the man without learns through experience to respect and appreciate labor and its products. ”

“ We know that strength to work, or labor-power, is a commodity. The value of a commodity is determined by the necessary social labor time contained in it.
If it takes three hours of social labor to produce the necessities of life for you one day, the value of your labor-power one day will be three hours of necessary social labor.
Figure A will represent the value of your labor power, because 3 hours of social labor are contained
in the necessities of life which will support you one day. ”

“ Remember that we do not sell our labor. We sell our strength to work our laboring power, our labor power. Labor is the expenditure of labor-power. See Value, Price and Profit, pages 71, 72 and 73. When we apply for a job, we do not offer to sell our WORK, but our strength to WORK. The commodities we make are crystallizations of our work or of our LABOR, but it is our strength to labor, or laboring power—our labor-power which we sell to the boss. ”

“ What the laborers require to live, and to marry, and beget children in sufficient numbers to supply the labor market, is their standard of life. This they obtain and no more. Labor costs labor, and is measured by labor; but labor produces more than it consumes, and this surplus-value is rent. ”

“ When we speak of the value of an object we mean the amount of human labor that is embodied or accumulated in it, that has been spent in fitting it to satisfy human needs. And we measure the amount of this human labor by its duration, by labor-time. You, if you are a skilled, highly-paid worker, receiving say four dollars a day, may say that it is absurd to say that an hour of your labor produces no more value than an hour of Tom's or Dick's or Pete's, who get only eighty cents a day apiece. ”

“ All there is of value in the world is the product of labor. The laboring man pays all the expenses. No matter whether taxes are laid on luxuries or on the necessaries of life, labor pays every cent.
So we must remember that, day by day, labor is becoming intelligent. So, I believe the employer is gradually becoming civilized, gradually becoming kinder; and many men who have made large fortunes from the labor of their fellows have given of their millions to what they regarded as objects of charity, or for the interests of education. ”

“ His example, however, shows strikingly that the recognition of labor as the source of material wealth by no means excludes the misconception of the particular social form in which labor constitutes the source of exchange value. ”

“ The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command. Labor, therefore, is the real measure of the exchangeable value of all commodities.
The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. ”

“ Let us do all we can to help labor. Give it a square deal—an honest and generous wage for an honest day's work. Labor is neither a commodity or a chapel; it's human. Let us inject more of the human element into our dealings with labor and with those of others. ”

“ The employment of these different sorts of labour power, an employment which is, in its turn, made necessary by the mode of production, makes a great difference in the cost of maintaining the family of the labourer, and in the value of the labour-power of the adult male. ”

“ III. (And now look out, for this proposition involves the ultimate principle of all just wages.) If a man does a given quantity of work for me, I am bound in justice to do, or procure to be done, a precisely equal quantity of work for him; and just trade in labor is the exchange of equivalent quantities of labor of different kinds. ”

“ But the result, or the earnings of labor, as is readily seen in those primary and fundamental occupations in which labor first engages, and which, even in the most highly developed condition of society, still form the base of production, does not depend merely upon the intensity or quality of the labor itself. ”

“ For a time I felt that having brought about in my own mills a relation between capital and labor which I may go so far as to term ideal, and having published my book, my philosophy of an employer's life, I had contributed my utmost to the cause of industrial civilization. ”

“ A most important question for every nation, as well as for every individual, to propose to itself, is, how it can best apply that quantity of labor which it is able to perform. Labor is the great producer of wealth ”

“ A hundred years ago the laborer toiled long, produced little, and enjoyed less. To-day, thanks to the victories of invention, machinery does the heaviest of the work; the workman's hours of labor are fewer than formerly; his wages are greater; and his earnings will buy vastly more, dollar for dollar, than in any previous age in the world's history.
What laborer of to-day would be satisfied with the remuneration, the food, the shelter, the clothing of the laboring classes of one hundred years ago? The wants of men, as well as their thoughts, are widened by the process of the suns. ”

“ It was the accepted philosophy of the time that labor was a commodity to be taken to any market at the will of the laborer and sold to the highest bidder, who was likewise free to buy labor at the lowest figure and to employ it only at his pleasure. ”

“ What labor always procures is either wealth, which may or may not be capital, or services, the cases in which nothing is obtained being merely exceptional cases of misadventure. Where the object of the labor is simply the gratification of the employer, as where I hire a man to black my boots, I do not pay the wages from capital, but from wealth which I have devoted, not to reproductive uses, but to consumption for my own satisfaction. ”

“ With a flood of words, carefully prepared to appeal to men in your position, and with stories that are supposed to illustrate the points he wants to make, the man on the street-corner will try to persuade you that labor is the sole factor in wealth production—that the workers produce all the wealth of the world—and that this wealth belongs rightfully to those who made it. ”

“ It should be said at the outset of this chapter that, in a very true sense, practically all men are laborers. That into which a man puts his energy and by which he earns his living, is his labor, whether it be work of the hand or the head. But the labor we are to consider in this chapter is that of the men who work for wages; and we will also make the arbitrary distinction that it is that of the men who work for wages in some branch of manufacturing, mining, trade, or transportation, the great divisions of modern industry which we have thus far considered. ”

“ In this case it is as clear as in the case of the self-employing laborer that the wages are really drawn from the product of the labor, and not at all from capital. If I hire a man to gather eggs, to pick berries, or to make shoes, paying him from the eggs, the berries, or the shoes that his labor secures, there can be no question that the source of the wages is the labor for which they are paid. ”

“ In other words, there is a tendency for work to be highly valued when the number of men available for doing it is small and when the work is performed with the aid of highly perfected machinery, in a community in which able business men are plentiful. Each laborer will find his services easily sold for good wages; for his labor will be an important aid to production. ”

“ This we may hope to do by several methods; for example, by reducing the daily hours of labor, by promoting vocational education, by the restriction of child employment, by a better organization of the labor market (see p. 418) , and by providing wholesome recreation for the workers.
Labor is a service. Is Labor a Commodity?—Labor, as a factor in production, receives its return in the form of wages. A generation ago it was customary to speak of labor as a commodity and to say that the worker “sold his labor” for wages. But labor is not a commodity. ”

“ The growth of population, the increase and extension of exchanges, the discoveries of science, the march of invention, the spread of education, the improvement of government, and the amelioration of manners, considered as material forces, have all a direct tendency to increase the productive power of labor—not281 of some labor, but of all labor; not in some departments of industry, but in all departments of industry; for the law of the production of wealth in society is the law of “each for all, and all for each.” ”

“ Whatever you give to the labourer is made up of labour and profits, and therefore the value of labour is constant! This is your proposition. To me it wants every quality of clearness. I find that at one time I give a man ten bushels of wheat for the same quantity of his labour for which at another time I give him eight bushels. Wheat, according to you, falls in the proportion of ten to eight. ”

“ Is it meant that the man who does any manual labor in connection with, or contribution to the production of a thing, should have the whole of that thing? Or, is it meant that the man who contributes manual labor to the productive enterprise should have all that part of the thing which belongs to the labor element, in proportion to the capital, land, and other elements which contribute to production? ”

“ But I must say this, that you and I may take counsel together and spend money; but if you forget the men whose labor gets all for you, you are acting ungratefully. I therefore, in three words say, 'Raise your wages.' I have done it myself, and I tell all my friends to do it. I tell you all to raise your wages, and I tell you this—there never was a man in your employ who ever struck a stroke for his master, but struck that stroke with redoubled force and energy (and if he does this, who profits?) when he knows he is well used. ”

“ The practise of each man’s laboring for himself, instead of laboring for another for wages-which practice would be greatly promoted by a greater equality of wealth - would also con­tribute to the increase of labor-saving inventions-because when a man is laboring for himself, and is to have all the proceeds of his labor, he applies his mind, with his hands, much more than when he is laboring for another. ”

“ They, however, recognize the necessity of giving extra reward for the training and skill or natural ability required for particular kinds of work, for more than common danger or disagreeableness incurred in the performance of particular kinds of work, and the like—in short, for all those factors which elevate a job above what is called common labor. ”

“ As the rendering of labour precedes the payment of wages, and as the rendering of labour in production implies the creation of value, the employer receives value before he pays out value. For the creation of value takes place at every stage of the process of production as the immediate result of the application of labour, and hence, no matter how long the process in which it is engaged, labour always adds to wealth by its exertion before it takes its wages. ”

“ The Economics of Labor.—In complex society there are many divisions or groups of laborers—laborers of body and laborers of mind. Every one who is performing a legitimate service, which is sought for and remunerative to the laborer and serviceable to the public, is a laborer. At the base of all industry and social activity are the industrial wage-earners, who by their toil work the mines, the factories, the great steel and iron industries, the railroads, the electric-power plants and other industries. ”

“ Makes employment easy to obtain, with just wages in return for the labor done, putting within the reach of all, those comforts and luxuries, which, in this age of the world with its skill for quick and easy production, should be looked upon as a matter of course, but which in fact are unknown to a large part of the working people of the country. ”

“ We have here a recognition of the principle that the value of labour is not to be measured by anything extrinsic to itself, e.g. by the value of the product, but by its own natural function and end, and this function and end is the supplying of the requirements of human life. ”

“ That labor is best, in which the laborer knows that he will derive the profits of his industry, that his employment depends upon his diligence, and his reward upon this assiduity. He then has every motive to excite him to exertion, and to animate him in perseverance. He knows that if he is treated badly he can exchange his employer, for one who will better estimate his service ”

“ The task is far beyond our present opportunity. It is worth while, however, for present purposes, to delimit the task sharply, and to attempt a brief enumeration of the most important of the conditions which determine, on the one hand, the need of the productive system for labor, and, on the other hand, the supply of labor—that is, of the relative plenty or scarcity of labor. ”