Labor

– High labor costs – reduce to increase the profitability levels Slide 1- Introduction The ultimate aim of every company is to maximize the profitability levels and expand the market share so as to increase the shareholder’s value. However, some costs such as labor cost hinder the achievement of these objectives as they form a significant portion of aggregate expenditure. Therefore, there is a need to device ways of cutting unnecessary operating costs. Nike Inc. is faced with high labor cost…

Karl Marx describes the product of labor as not being strictly confined to the byproduct from the labor, but it is also the labor itself. The objectification of both the labor and the end product takes on a powerful role as it is viewed as “something alien, as a power independent of the producer.” In a sense, the labor that is put towards the commodity becomes something that is almost tangible and as a result, can be obtained “only with the greatest effort and with the most irregular…

beginnings of child labor in America is older than American history itself. Child labor in America first began on rural farm lands helping work their parents’ lands. Beginning in the mid seventeenth-century children from poor families started going to work as apprentices. With the increase in factories and unskilled labor, children started becoming progressively more prominent in the labor force. The mid 1800’s saw the first states pass some forms of child labor laws, meanwhile child labor…

ASSIGNMENT - Ramengmawia Bawitlung, CISLS. Critically examine the concepts of and relationship between abstract labour, alienation, and surplus value ?? ABSTRACT LABOUR The theory of abstract labour is one of the central points of Marx’s theory of value. That abstract labour ‘creates’ value, it is the ‘content’, or ‘substance’ of value. Marx’s task was not to reduce value analytically to…

Acclaimed playwright, actor, and poet William Shakespeare portrayed human conflict and impoverishment in many of his distinguished plays. In the play “Measure for Measure,” Shakespeare provided a glimpse into human misfortune through a character named Claudio, “The miserable have no other medicine, but only hope” (Act III, Scene II). The excerpt correlates to the thoughts of the Triangle Shirtwaist Company workers. Inhumane conditions of sweatshops, disregard of safety regulations, and…

“Flesh and Blood so Cheap,” by Albert Marrin, is a story showcasing a truly devastating story of how the Triangle Shirtwaist Factory went ablaze on March 25, 1911. The fire was thought to be started by a hot ash or a live cigarette that was flicked into a scrap bin. But we will never know what truly started the Triangle Shirtwaist Factory. As the story progresses it discusses why the health and safety of workers must be overseen by the local government. The health and safety of workers at the…

In the late 19th century the the muckrakers of the government did a lot of changes in the U.S. Such as the child labor laws. The relationship between big businesses and political machines. And unhealthy and unsanitary working conditions. Let me tell you a little something about theses things. In the late 19th century the government made child labor laws. The reasons was because the children was getting hurt and the parents was getting mad that their children was getting hurt so the…

Although children have been like servants throughout most of history, child labor reached new limits during the Industrial Revolution (1820-1840). Children, under the age of 14, maybe some even under the age of 6 years old, worked long, tiring hours in dangerous factory conditions for a very little amount of money. Children were helpful as laborers because their size, being scrawny and young, allowed them to move in small spaces within the factories or mines where as the adults couldn’t fit as…

The article that I have chosen to discuss is Alienation from Species-Life from Karl Marx’s Alienated Labor. This article addresses the issues of what makes up our human nature and how alienated labor relates to this. Marx’s main argument is that alienated labor is separating us from what make us human. Karl Marx sees that one of the main foundations of humanity is for humans to produce. This is since; humans are the only species that produces, even if there is not a need. He believes that in a…

known as Labor Day grew out of the efforts of labor unions in the 18th century? Labor unions are known as negotiators and watchdogs for the American workforce. In this paper I will be talking about the history of labor unions and the history and future of a specific labor union by the name of Unite Here. Labor unions are very important when it comes to getting equal rights in a workplace. Unite Here is a labor union that represents workers in different specific work fields. What is a labor…