Ommunist Party of Great Britain Assignment Example | Topics and Well Written Essays - 750 words

Ommunist Party of Great Britain - Assignment Example The working class understands the conflict from a perspective of logical options given two different hourly durations where one case requires more time than the other yet at the same wage amount, a worker would naturally consider being opportune at lesser work hours in order to save time and energy for himself or utilize additional hours with another job to augment his low monetary worth. A capitalist, on the contrary, views the conflict on account not of his superior rank or prominent place in the society but of seeing how his requirement in achieving a targeted goal or profit may not be satisfied due to deficiency with time caused by what he would seem as uncooperative laborers. Clearly, the class struggle is established via the ‘length of the work day’ issue, looming tension between respective desires of the capitalist and the worker. Beyond the mere rigid and hierarchical social system that classifies men into classes, Marx has gone to exhibit the involvement of capi talistic affairs that overlook societal divisions and that are normally bound to a mutual agreement on the same level in a capitalist society. Hence, the problem which the ‘workday duration’ presents is well within the realm of a class struggle that is mainly concerned with the state of the economy which either class obtains out of production means. (2) What does Marx mean by relative surplus value? Explain the different components of relative surplus value. (In other words, what strategies do capitalists follow that lead to relative surplus value)? By ‘relative surplus value’, Marx pertains to that which is sought through an ‘absolute surplus value’ that generates a surplus working-day duration to the extent that the laborer exceeds the yield or output equivalent to the value of his normal labor capacity. This includes means of appropriating surplus-labor by capital and presumes that the working-day is already made of necessary labor and surpl us-labor. Relative surplus-value is claimed to be absolute on providing a driving force to the absolute extension of the working-day beyond the time of work required for the laborer to sustain his existence. To acquire ‘relative surplus value’, the capitalist may adopt the component of moderately curtailing wages so that it leaves the worker no choice but to stay and extend his time to render surplus-labor but not to the point when such reduction goes under the laborer’s capability to afford his cost of living. Shortening of necessary labor makes way for an increase in surplus labor where time to create wage equivalents would be smaller and a worker tends to adjust and compensate through surplus.