Practicing Success

Target Exam

CUET

Subject

Sociology

Chapter

Indian Society: Market as a social Institution

Question:
One of the founders of modern sociology, Karl Marx, was also a critic of modern capitalism. Marx understood capitalism as a system of commodity production, or production for the market, through the use of wage labour. As you have already learned, Marx wrote that all economic systems are also social systems. Each mode of production consists of particular relations of production, which in turn give rise to a specific class structure
Which of the following statement is most appropriate for Labour under Capitalism?
Options:
In capitalism Labour itself becomes a commodity, a labourer has to sell labour-power for existence.
In capitalism, labour becomes free.
In capitalism, labour becomes more assertive.
Capitalism gives mobility to labour.
Correct Answer:
In capitalism Labour itself becomes a commodity, a labourer has to sell labour-power for existence.
Explanation:
Under the capitalist mode of production, labour itself becomes a commodity, because workers must sell their labour power in the market to earn a wage.