We must now examine the important economic categories of capitalist society in greater detail. In the next chapter we look at profits; here our subject is wages. The main question we must consider is one already touched upon in Section 2 of Chapter 4, how it is possible for real wages to rise at the same time as the rate of exploitation. But before this we must understand exactly what wages are and look at what is called the wage-form.


Annual Rate Real Wage Working Class Real Rate Capitalist Production 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Geoffrey Kay 1979

Authors and Affiliations

  • Geoffrey Kay
    • 1
  1. 1.The City UniversityLondonUK

Personalised recommendations