average labour power of society
1Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …
2Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …
3Labour Party (UK) — Labour Party …
4labour theory of value — The idea that labour is the ultimate source of all wealth a commonplace among the early political economists . Adam Smith , for example, argued that, in a market society in which workers owned their own means of production, the prices of goods… …
5Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique …
6Labour Unions (Moral Aspects) — Labour Unions (Moral Aspects) † Catholic Encyclopedia ► Labour Unions (Moral Aspects) Since a labour union is a society, its moral aspects are determined by its constitution, its end, its results, and the means employed in pursuit of… …
7Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …
8Labour and Labour Legislation — • Labour is work done by mind or body either partly or wholly for the purpose of producing utilities Catholic Encyclopedia. Kevin Knight. 2006. Labour and Labour Legislation Labour and Labour Legislation …
9labour law — Body of law that applies to matters such as employment, wages, conditions of work, labour unions, and labour management relations. Laws intended to protect workers, including children, from abusive employment practices were not enacted in… …
10Abstract labour and concrete labour — Part of a series on Marxism …
