The surplus value obtained from the exploitation of the working class is
divided out among the various sections of the capitalist class essentially
through the market mechanism and also through state fiscal and monetary
policies. Profit, interest and rent are the major forms in which the different
capitals share in the fruits of this class exploitation. The competition of
capitals in the market determines the share of each capitalist branch, unit and
enterprise.
But this is not all. This surplus pays whole cost of the bourgeoisie's state
machinery, army and administration, of its ideological and cultural
institutions, and the upkeep of all those who, through these institutions,
uphold the power of the bourgeoisie. By its work, the working class pays the
cost of the ruling class, the ever-increasing accumulation of capital and the
bourgeoisie's political, cultural and intellectual domination over the working
class and the entire society.
With the accumulation of capital, the mass of commodities which make up
the wealth of bourgeois society grows. An inevitable result of the
accumulation process is the continual and accelerating technological
sets in motion in every new cycle of the production
process. But compared to the growth in society's wealth and productive
powers, the working class continually gets relatively poorer. Despite the
gradual and limited increase, in absolute terms, in the workers' standard of
living, the share of the working class from the social wealth declines rapidly,
higher living standards that is already made possible by its own work
widens. The richer the society becomes, the more impoverished a section the
worker forms in it.
Technological progress and rise in labour productivity mean that living
human labour power is increasingly replaced by machines and automatic
systems. In a free and human society this should mean more free time and
leisure for all. But in capitalist society, where labour power and means of
production are merely so many commodities which capital employs to make
profits, the substitution of humans by machines manifests itself as a
permanent unemployment of a section of the working class which is now
denied the possibility of making a living. The appearance of a reserve army
of workers who do not even have the possibility of selling their labour power
is an inevitable result of the process of accumulation of capital, and at the
same time a condition of capitalist production. The existence of this reserve
army of unemployed, supported essentially by the employed section of the
working class itself, heightens the competition in the ranks of the working
class and keeps wages at their lowest socially possible level. This reserve
army also allows capital to more easily modify the size of its employed work
force in proportion to the needs of the market. Massive unemployment is not
a side-effect of the market, or a result of the bad policies of some
government. It is an inherent part of the workings of capitalism and the
process of accumulation of capital.
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