What are Wages? How are they Determined?: Wage Labour and Capital

If several workmen were to be asked: “How much wages do you get?”, one would reply, “I get two shillings a day”, and so on. According to the different branches of industry in which they are employed, they would mention different sums of money that they receive from their respective employers for the completion of a certain task; for example, for weaving a yard of linen, or for setting a page of type. Despite the variety of their statements, they would all agree upon one point: that wages are the amount of money which the capitalist pays for a certain period of work or for a certain amount of work.

Consequently, it appears that the capitalist buys their labour with money, and that for money they sell him their labour. But this is merely an illusion. Continue reading

Sample Resolutions from the XXI Congress of the Communist Party of India

Resolution on Agriculture and Farmers’ Plight  

The 21st Congress of the CPI expresses its anguish and deep concern over the anti-people measures pursued by the Government in the centre and the states as well across the country with regards to agriculture sector and farmers community.

While Indian agriculture scenario is becoming gloomy day by day and around 70% of the population engaged in this sector are facing severe economic crisis resulting in the incidents of suicides committed by more than 2.5 lakh farmers, the governments are mostly reluctant to address the genuine problem rather becoming rhetoric and mostly undertaking the measures which lead to more pauperization. Continue reading