Marx's Views and Exploitation

686 Words3 Pages
Marx and Exploitation In Marx's view the capitalist society is comprised of two distinct classes, the bourgeoisie (owners of production) and the proletariat ( labor) (Wolff). The focus of the bourgeoisie (owner's) is to produce products (commodities) at a product with profit being the amount of money being made on a commodity after deducting all input expenses (including labor expenses) (Wolff). This net amount or profit is referred to as surplus value by Marx (Wolff). The goal of the bourgeoisie is to make profit, then reinvest the profit for additional profit (Wolff). Thus, to increase profit, the bourgeoisie pay the labor force (proletariat) a minimum wage for their services (Wolff). The proletariat (workers) have no other means to earn money to ensure their survival, so they must accept these conditions and work for minimum wage (Wolff). Since they must continue working to survive they do not have any position from which to bargain for a piece of the pie or the fair value of the labor they put into making the profit (surplus value) for the bourgeoisie (Wolff). The proletariat must work at the bourgeoisie's minimum wage rate because in this economic scenario, the owner has all the power (Wolff). It is this situation of virtual enslavement of the proletariat (labor force) to increase profit (surplus value) for the bourgeoisie that Marx refers to as exploitation (Wolff). It is important to note that it is the proletariat's labor which provides the value to the product
Open Document