labour-power


Dictionary of sociology. 2013.

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  • Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …   Wikipedia

  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • labour-market — In a labour market, human effort (or labour power) is made into a commodity, which is bought and sold under terms which in law are deemed to constitute a contract. The purchase and sale of formally free labour developed extensively with… …   Dictionary of sociology

  • labour theory of value — The idea that labour is the ultimate source of all wealth a commonplace among the early political economists . Adam Smith , for example, argued that, in a market society in which workers owned their own means of production, the prices of goods… …   Dictionary of sociology

  • labour — In most sociological contexts this term is synonymous with wage labour . However, in Marxism attention is often drawn to the conflicting interests of ‘Labour’ and ‘Capital’. The former is here a reference to the proletariat , and alludes to the… …   Dictionary of sociology

  • Labour and Labour Legislation — • Labour is work done by mind or body either partly or wholly for the purpose of producing utilities Catholic Encyclopedia. Kevin Knight. 2006. Labour and Labour Legislation     Labour and Labour Legislation …   Catholic encyclopedia

  • Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …   Wikipedia

  • Labour Unions (Moral Aspects) —     Labour Unions (Moral Aspects)     † Catholic Encyclopedia ► Labour Unions (Moral Aspects)     Since a labour union is a society, its moral aspects are determined by its constitution, its end, its results, and the means employed in pursuit of… …   Catholic encyclopedia

  • Labour Party (Norway) — Labour Party Arbeiderpartiet Leader Jens Stoltenberg Parliamentary leader …   Wikipedia

  • Labour Party (Netherlands) — Labour Party Partij van de Arbeid Leader Job Cohen Party Chairperson …   Wikipedia

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