ABSTRACT

Capitalist production is commodity production aimed at reaping surplus value. In order to maintain the capitalist exploitative system, the capitalist needs new workers as replacements. The capitalist always tries to increase the rate of surplus value by increasing the exploitation of the worker. The wages advocated by the capitalist as "the value or price of labor" are entirely fictitious. In capitalist society, there is a downward trend in the real wage of the worker. To maintain the worker's labor capacity, it is necessary to feed, clothe, and shelter him and provide him with means of livelihood. The decline in the real wage reduced the majority of workers to cold and starvation. The working class naturally rose to oppose capitalist exploitation. The economic struggle which the working class undertook to increase wages in order to protect their right to survive and to oppose the cruel exploitation of the bourgeoisie was very significant.