In any economy, salaries are very important to workers. The different classes, survival and general life are decided. If you want to survive and make history in your life, you need to be able to fulfill your basic necessities. Man has to work to earn wages in order to meet his needs in order to survive.
In different theories, which include: theory of Wage Minimum, dialectical materialism, crisis and its fixes, phases of the class structure and preconditions and four premises, Karl Marx clarified the truth of the job situation throughout the world. In this essay, we are going to use the Four Premises of History to analyze the article on China Revolt by Paul. T (Friedman 1).
According to Karl Marx, workers’ salaries is the price they sell their labor power to the capitalist (“Wage Labour and Capital” 1). The employee’s labor is a commodity sold to the investor. He believes that the capitalists rule the job market. The workers are kept alive by their labor, if they fail to work, they cannot live. In other words, working secures the existence of the workers. When working, the employee is more interested in the wages he or she gets from work and not the product of the job. On the other hand, the workers are more interested in freedom and self-rule.
In the Essay (China in Revolt 5) Eli Friedman argues that the expansion of the Capital in China leads to the formation and establishment of more enduring organizations among the workers. The Sichuanese migrants are working by all means to develop.
The Fall and Rise of Wages
China bases salary not on experience and training, but rather on the social and political conditions of the Chinese capitalism (Friedman pg. 6). The buyers of labor here go for those people who can offer the cheapest labor. Thus the number of immigrants chosen for the job is very high as they do not mind the amount of their salaries, their greatest worry is survival.
On the other hand, Karl Marx believes wages are deemed to falls and rises depending on their demand and supply. The demand and supply, on the contrary, depends on the competition turn taken between the capitalist, the workers, the labor power buyers and its sellers. Any change in the prices of the commodities results in a corresponding shift in the wages of the employees. Karl Marx argues that the price of labor depends partially on the time of producing the commodity and the cost needed for production (Wages Labor and Capital 2). When the time necessary for training to perform a particular task is less, it means that the worker’s production will be lower and thus a low wage, the price of his or her labor. In places where there is no training or apprenticeship time needed for the worker, and payments are on offer to him. The production cost required in that case is limited to the resources necessary to sustain his or her life and keep him working. The labor price is thus meant for subsistence.
How Wages are Determined,
On the other hand, Karl Marx believes improvements in productivity of the capital determine fees. A rise in the profit margin of the capital results to an increase in the wages. Some elements such as incorporating machinery and division of labor have significant effects on the wages of the employees. The worker’s real position improves at the sacrifice of his or her social class. Since the increased fees are as a result of increased productivity, the gulf between the workers and the capitalist must widen. More hostile working conditions are in place. On the other hand, Eli Friedman argues that wages of the workers increases with the rate of inflation, the workers strike and go slow (Friedman 4). In this way, the capitalist go begging to their knees pleading with the employees to get back to work.
Strikes and Sabotages
In the fourth Premise of Karl Marx theory, life production is one of the elements that depicts the social relationship between the workers and the capitalist. Their social relationships show the cooperation of various individuals in the company. If the employee’s grievances to their managers are assumed as it is the case in Eli Friedman’s essay, the workers tend to react against the industry through strikes and sabotage among other offensive ways (Freidman 4).
The Capitalist Production Mode
In the capitalist mode of production, Karl Marx (Engels 1) argues that the social production anarchy forces the individual investor to develop their machinery thus increasing the production power. The anarchy law extends and transforms the output field. The necessity for expansion thus grows in all the industry. On the other hand, Eli Friedman argues that the development of the industry comes up as a result of the social and political classes created by the working class. They form organizations that set various rules and demands to run the market.
If one capitalist decides to sell his products cheaply, he can drive many another investors out of the market. It means that the investor must produce his commodities at a lower price by raising the power of the laborer’s production. In line with this, there must be a division of labor, more improvement, and introduction of machinery. By reducing the production cost, the labor becomes more productive thus increasing the rivalry between the various capitalist. When one man has remade his production life, other people are thus made to come up with their ways to survive in the market and hence the overall market growth. In China, the worker’s influence production depending on the satisfaction of their needs.
The Difference in Ideologies
Karl Marx believes in the capitalist world of wages while Eli Friedman has clearly outlined how the workers in China have come up to run the world of payments. Employee’s strikes are so common in China; this is evident by the fact that sometimes the Companies even beg the workers to get back to work. Karl Marx fails to understand how the employees can dictate the wages they are to receive. He finds it ridiculous to pay the workers according to their personal demands and not according to the company’s production profile. Karl Marx does not believe in the economy where the workers have powers to shake production according to their wish at any time.
The Productive Capital Growth and the Rise of Wages
As the productive capital grows, the whole society becomes thus the labor tends to accumulate more. It Increases the number of the capitalist by both extent and number. The extension of the capitalist leads to a healthier workforce. As the productive capital increases, the workers tend to demand more wages (Friedman 4). Their rate of work reduces hence maintaining the industry at its original state.
Eli Friedman through his essay on the China revolt has tried to prove that Karl Marx’s theories are not always right (Friedman 7). According to Eli Friedman, the growth of one’s life does not always propagate other people to improve their kind (Friedman 6). The industry is greatly influenced by the workers unlike in the Theories of Karl Marx where the industry runs according to the interest of the capitalist. There is a social relationship between the various team players in Karl Marx’s ideas while in Eli Friedman essay, the workers tend to express themselves through destructive means like strikes and sabotages.
Engels, Fredrick. “Socialism: Utopian and Scientific”. (1880): 1-5. Print
Friedman, Eli. “China in Revolt”. Jacobin Magazine. 2016: n. pg. 1-7. Print
Marx, Karl. “Wage Labor and Capital.” (1847): 1-7. Print