This question <30|52> overall <49|51> McKinsey: <49|105>.  
  Question 68: What is the difference between labor and labor power?   
  [50] McKinsey: Labor and Labor Power, What is the Difference?   Labor is the purposeful human activity. This activity is necessary in any social system to produce use-value. Labor-power is not an operative activity, rather it is human labor potential. It is the capacity to work, to perform labor; consequently, capitalist buy workers labor-power and thereafter extracts actual labor. Or a marxist would argue that labor is exploited from the worker.   
  Hans: Good characterization of the difference. With the purchase of labor power you are jumping ahead in the material, and the most important thing in Marx's theory seems to be a matter of course to you: it is peculiar for capitalism that labor power can be had as a commodity. Yours was already the third submission to the same Question (after [7] and [30]), but you still said something the others had not said. It would have helped your grade if you had shown awareness of the prior submissions.   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: