What are some criticisms of this idea of labor power as a commodity? How is labor power
Question:
What are some criticisms of this idea of labor power as a commodity? How is labor power not like other commodities?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The concept of labor power as a commodity which is central to Marxist economics has been subject to various criticisms and is seen as distinct from other commodities in several ways Here are some crit...View the full answer
Answered By
Kamulu srinivas
My self kamulu srinivas, i have completed CA-INTER and CA final group-1, and im preparing for group 2 of CA final and paralle im doing job as accounts manager at sri laxmi narasimha traders
0.00
0 Reviews
10+ Question Solved
Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
Question Posted:
Students also viewed these Business questions
-
After surviving for five months in space, astronaut Chris Hadfield has a new, tougher challenge: teaching me, a grown man whose only qualifications are narrowly passing 10th-grade science and usually...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
What are some criticisms of the payback method?
-
Amrito Corporation is under financial distress and raises debt because it has several projects that are expected to generate profit in the future. When calculating its weighted average cost of...
-
If Norwood Corp.s management wants to reduce the DSO from that calculated in the above problem to an industry average of 56.3 days and its net sales are expected to decline by about 12 percent, what...
-
Briefly explain the following email advertising terms: a) Permission- based email b) Sponsored email c) Opt- in list d) spam
-
*B8 On 1 May 1995, Nigel acquired a 30-year lease for 20,000. He assigned the lease on 1 November 2009 for 75,000. Kay purchased a plot of land in February 2001 for 20,000. She sold part of the land...
-
The Hydrogenics case is the first in a series of four cases that illustrate a comprehensive analysis of an international corporation. In this case the balance sheet will be analyzed with the income...
-
I need help on question 4(FIFO Method) Required information SB (Algo) Calculating Equivalent Units, Cost per Equivalent Unit, Reconciling the Cost of Work in Process [LO 6-2, 6-4, 6-5] [The following...
-
Why do employers try to keep wages and other employee compensation low? Explain the impact on business owners if the cost of labor rises.
-
How can labor power be treated as just another commodity, such as cheese, in the market?
-
Growth Opportunities. Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10 percent. Its expected earnings this year are $3 per share....
-
Two roommates (Jen and Kate) can choose whether to clean their apartment (C) or leave it dirty (D). Jen's cost of cleaning is c, but Kate doesn't mind cleaning and has no cost. [Recall that their...
-
Designation Mass per Depth Width Thickness metre of of section section of of web flange Root Depth radius between Ratios for local buckling Second moment of area Radius of gyration fillets | i Flange...
-
Discuss the attributes that make an effective leader. What tenets should a leader practice? How does leadership directly impact effective public management? In your own experience, what has led you...
-
Given the following examples identify whether it describes a positive externality, negative externality, or neither. Example 1: Johanna is graduating from college this weekend. Like her, individuals...
-
32) Suppose Joaquin grows at an average rate of 0.5in/year for 3 years, then 1.25 inches/year for 4 years, then 0.75 inches/year for 4 years, then 0.4in/year for 5 years. In that time span, how much...
-
Describe the null space and range space of a transformation given by 2.
-
What is a manufacturing system?
-
At the Central Furniture Company, customers purchase on credit pay an effective annual interest rate of 16.1%, based on monthly compounding. What is the nominal annual interest rate that they pay?
-
What monthly interest rate is equivalent to an effective annual interest rate of 18%?
-
A bank advertises it pays 7% annual interest, compounded daily, on savings accounts, provided the money is left in the account for 4 years. What effective annual interest rate do they pay?
-
Linda purchased a cottage in 1984 for $62,000; on February 22, 1994, it was valued at $126,000. On her 1994 tax return, Linda elected to make use of her remaining lifetime capital gains exemption in...
-
Prepare entries to record the following: a. Issued 1,000 shares of $15 par common stock at $54 for cash. If an amount box does not require an entry, leave it blank. Cash Common Stock Paid-In Capital...
-
The ledger of Entity G at the end of the current year shows Accounts Receivable of $350,000. Bad debts are expected to be 5% of Accounts Receivable. Allowance for Doubtful Accounts has a credit...
Study smarter with the SolutionInn App