According to Marx one of the primary evils of capitalism is that it is exploitative-and necessarily so. Socialist and communist societies will not be exploitative and this is one of the reasons why they will in some sense be better. To understand such claims we have to determine exactly what Marx means by “exploitation” and what it is about exploitation that Marx finds to be bad. Neither of these questions is as simple as it might seem.A common misunderstanding of Marx (...) is this: exploitation consists simply in an unequal distribution of social wealth. Workers are exploited because they get so much less of the pie than do capitalists. Another interpretation of Marx's concept is that exploitation consists in the fact that workers to not get the whole pie. They produce all value and, therefore, deserve to get it all back. I will show that both of these interpretations are inadequate or simply mistaken. An error common to both is an overemphasis on distribution. (shrink)

When we read Karl M&IX,S descriptions of the capitalist mode of production in Capital amd other writings, all our instincts tell us that these are descriptions of an unjust social system. Marx describes a. society in which one small class of persons lives in comfort and idleness while another class, in ever-increasing numbers, lives in want and vvrctchedncss, laboring to produce thc Wealth enjoyed by the fixst. Marx speaks constantly of capitalist "exploitation" of the worker, and refers to the creation (...) of surplus value as the appropriation of his "unpaid 1abor" by capital. Not 0nly docs capitalist society, as Marx describes it, strike us as unjust, but his own descriptions of it themselves seem to connote injustice. When we look in the writings of Marx and Engels for a detailed account 0f the injustices of capitalism, however, We discover at once that not only is there no attempt at all in their writings to provide an argument that capitalism is unjust, but there is not even the explicit claim that capitalism is unjust 01* incquitablc, 01* that it violatcs anyonds rights. We find, in fact, explicit denunciations and sustained criticisms of social thinkers (such as Pierre P:roudhon and Ferdinand Lassalle) who did condemn capitalism for its injustices or advocated some form of socialism as a. means of securing justice, equality, or the rights of man. We even find, perhaps to our surprise, some faixly explicit statements to the effect that capitalism, with all its manifold defects, cannot be faultcd as far as justice is concerned. Whatever else capitalism may be for Marx, it docs not seem that it is unjust. (shrink)

Marx did not have a normative theory, that is, a theory that purported to justify, discursively and systematically, his normative opinions, to show them to be rationally obligatory or objectively valid. In this regard, Marx was obviously not alone: almost everyone, including those who lead what are widely regarded as exemplary ‘moral’ lives, decide and act on the basis of normative intuitions and inclinations that fall far short of a theory. Yet self-proclaimed Marxists like G. A. Cohen and Jurgen Habermas (...) have reintroduced a kind of normative theory into the Marxian tradition that Marx himself would have ridiculed. This essay defends Marx’s position and tries to explain the collapse of Western Marxism into bourgeois practical philosophy, i.e., philosophizing about what ought to be done that is unthreatening to capitalist relations of production. (shrink)

This book traces the development of Marx's ethics as they underwent various shifts and changes during different periods of his thought. In his early writings, his ethics were based on a concept of essence much like Aristotle's, which Marx tried to link to a principle of universalization similar to Kant's "categorical imperative." In the period 1845-46, Marx abandoned this view, holding morality to be incompatible with his historical materialism. In the later work he was less of a determinist. Though he (...) no longer wished to reject morality, he did want to transcend a morality of burdensome obligation and constraint in order to realize a community built upon spontaneous bonds of solidarity. (shrink)

The circumstance that on the one hand the daily sustenance of labour power costs only half a day's labor, while on the other hand the very same labor power can work during a whole day, that consequently the value which its use during one day creates is double what he [the capitalist] pays for that use, this circumstance is without a doubt a piece of good luck for the buyer but by no means an injustice [Unrecht] to the seller [the (...) worker].[T]he surplus product [is] the tribute annually exacted from the working class by the capitalist class. Though the latter with a portion of that tribute purchases the additional labor power even at its full price, so that equivalent is exchanged for equivalent, yet the transaction is for all that only the old dodge of every conqueror who buys commodities from the conquered with the money he has robbed them of. (shrink)