Episode 3
52minutes.
Work, Wages and Profit - Wages
Part 3/6
Synopsis
In Value, Price and Profit, Marx wrote, "Wages are defined as the amount of money the capitalist pays the worker for a certain period or amount of labour. " Is this definition of wage labour still valid today?
Alongside the living wage and the deferred wage, the ideas of a universal income or a lifetime wage have recently emerged. Could this be the end of wage labour?
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