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[Marxism] meaning of labor time in Capital
I am having trouble with Marx's discussion of labor and the exchange
value of commodities, in the section of Capital Vol. 1 titled "The
Two Factors of a Commodity: Use-Value and Value. Specifically, I do
not understand what he means by 'homogeneous human labour.' Surely he
does not hold that the duration of the labor of a skilled worker is
the same as for an unskilled worker. Instead, he seems to propose a
kind of universal labor ('homogeneous human labour'), but to me he is
not at all clear on what this universal labor amounts to. For
example, how would he measure the amount of this kind of labor in a
particular product?
Following is the passage I've been looking at.
tom arnall
arcata
A use-value, or useful article, therefore, has value only because
human labour in the abstract has been embodied or materialised in it.
How, then, is the magnitude of this value to be measured? Plainly, by
the quantity of the value-creating substance, the labour, contained
in the article. The quantity of labour, however, is measured by its
duration, and labour-time in its turn finds its standard in weeks,
days, and hours. Some people might think that if the value of a
commodity is determined by the quantity of labour spent on it, the
more idle and unskilful the labourer, the more valuable would his
commodity be, because more time would be required in its production.
The labour, however, that forms the substance of value, is
homogeneous human labour, expenditure of one uniform labour-power.
The total labour-power of society, which is embodied in the sum total
of the values of all commodities produced by that society, counts
here as one homogeneous mass of human labour-power, composed though
it be of innumerable individual units. Each of these units is the
same as any other, so far as it has the character of the average
labour-power of society, and takes effect as such; that is, so far as
it requires for producing a commodity, no more time than is needed on
an average, no more than is socially necessary. The labour-time
socially necessary is that required to produce an article under the
normal conditions of production, and with the average degree of skill
and intensity prevalent at the time. The introduction of power-looms
into England probably reduced by one-half the labour required to
weave a given quantity of yarn into cloth. The hand-loom weavers, as
a matter of fact, continued to require the same time as before; but
for all that, the product of one hour of their labour represented
after the change only half an hour's social labour, and consequently
fell to one-half its former value. We see then that that which
determines the magnitude of the value of any article is the amount of
labour socially necessary, or the labour-time socially necessary for
its production. [9] Each individual commodity, in this connexion, is
to be considered as an average sample of its class. [10] Commodities,
therefore, in which equal quantities of labour are embodied, or which
can be produced in the same time, have the same value. The value of
one commodity is to the value of any other, as the labour-time
necessary for the production of the one is to that necessary for the
production of the other. "As values, all commodities are only
definite masses of congealed labour-time." [11]
FOOTNOTES
[9] "The value of them (the necessaries of life), when they are
exchanged the one for another, is regulated by the quantity of labour
necessarily required, and commonly taken in producing them." ("Some
Thoughts on the Interest of Money in General, and Particularly in the
Publick Funds, &." Lond., p. 36) This remarkable anonymous work
written in the last century, bears no date. It is clear, however,
from internal evidence that it appeared in the reign of George II,
about 1739 or 1740.
[10] "Toutes les productions d'un meme genre ne forment proprement
qu'une masse, dont le prix se determine en general et sans egard aux
circonstances particulieres." (Le Trosne, l.c., p. 893.)
[11] K. Marx. l.c., p.6.
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