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What is a commodity?

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NTRODUCTION
This assignment evaluates your ability to explain the basics of Marx’s critique of capitalism and his theory of worker exploitation.
BASIC RULES:
Cite your references.
DON’T PLAGIARIZE.
Write between 200 and 300 words for each question.
QUESTIONS After carefully reading the material for this module, answer the following questions:
1. What is a commodity?
2. What is the basic difference between a worker and a capitalist (or owner) in Marx’s theory?
3.What makes labor-power different from other kinds of commodities? Illustrate your answer with an example.
4.What primary methods do capitalists or owners attempt to extract more profit out of the labor of workers? Provide an example for each method that you name
Lecture/Readings: Click the links
Oregon State University Library, Classical Sociological Theory and Foundations of American Sociology (Chapter 1, Sections 1.3 and 1.4) https://open.oregonstate.education/sociologicaltheory/front-matter/introduction/
Nilson, Alf Gunvald, “Marx on exploitation: An ABC for an unequal world,” https://www.opendemocracy.net/en/beyond-trafficking-and-slavery/marx-exploitation-abc-unequal-world/
Sparrow on “Wage, Labor, and Capital,” https://youtu.be/xmwOWdJ1QLg

(MAKE SURE ANSWERS MATCH READINGS USE ONLY SOURCE PROVIDED TO ANSWER QUESTIONS )

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