Capital and Exploitation



We have emphasised that the production of use-values in commodity form tends to conceal the social relationships of production between workers and their labour by concentrating attention on exchange relationships between things. Nevertheless, as simple commodity production demonstrates logically and a history of trade demonstrates in reality, exchange itself can exist without capitalism. It is when labour-power itself becomes a commodity that the seeds of capitalism are sown. In this chapter, by examining exchange from the perspectives of a worker (or more generally a consumer) and then a capitalist, we will see why this must be so.


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Copyright information

© Ben Fine 1984

Authors and Affiliations

  1. 1.Birkbeck CollegeUniversity of LondonUK

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