Exploitation via Labour Power in Marx

The Journal of Ethics 3 (2):121--131 (1999)
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Abstract

Marx''s account of capitalist exploitation is undermined by inter-related confusions surrounding the notion of labour power. These confusions relate to [i] what labour power is, [ii] what happens to labour power in the labour market, and [iii] what the epistemic status of labour power is (the issue of appearance and reality). The central theses of the paper are [a] that property ownership is the wrong model for understanding the exploitation of labour, and [b] that the concept of exploitation is linked more fruitfully to a conception of distributive injustice than to Marx''s theory of surplus value.

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Henry Laycock
Queen's University

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The labor theory of value and the concept of exploitation.G. A. Cohen - 1979 - Philosophy and Public Affairs 8 (4):338-360.

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