Wage-Labour Sociology
This week’s readings were Marx, “Wage-Labour and Capital,” Davis and Moore, “Some Principles of Stratification,” and Domhoff, Who Rules America: Power and Politics in the Year 2000. In the first reading, Marx talks about the relationships between workers, employers, and consumers. He mentions the fact that a big majority of the working-class believe that there job does not allow for a decent living. In response to this, Marx states that wages will rise and fall according to the supply and demand. This is important in maintaining a working American economy. We are reminded that while the demands of the employees are not at all unreasonable, the capitalist must take a lot of other things into account when setting wages. The employer must allow enough funds for the training of it’s employees, maintaining the facility and equipment used to produce, production costs, and also retraining of new employees replacing the old. With all of this into account, the wages are set to accommodate the workers as a whole. Also, Marx points out that the less the period of training that the employees undergo, the smaller the cost of production of the worker, and the lower the price of his wages. Capitalists must offer a prize or compensat
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Some common words found in the essay are:
Power Politics, America England, Rules America, Davis Moore, Principles Stratification, Functional Necessity, , davis moore, principles stratification, cost production worker, trained positions, production worker, social positions, training employees, cost production, rules america,
Approximate Word count = 813
Approximate Pages = 3 (250 words per page double spaced)
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