An excerpt from the original text.(complete · 3775 words)
TIME-WAGES
Economic Manuscripts: Capital Vol. I - Chapter Twenty
Karl Marx. Capital Volume One
Chapter Twenty: Time-Wages
Wages themselves again take many forms, a fact not
recognizable in the ordinary economic treatises which, exclusively interested
in the material side of the question, neglect every difference of form.
An exposition of all these forms however, belongs to the special study
of wage labour, not therefore to this work. Still the two fundamental forms
must be briefly worked out here.
The sale of labour-power, as will be remembered, takes place for
a definite period of time. The converted form under which the daily, weekly,
&c., value of labour-power presents itself, is hence that of time-wages, therefore day-wages, &c.
Next it is to be noted that the laws set forth, in the 17th chapter,
on the changes in the relative magnitudes of price of labour-power and
surplus-value, pass by a simple transformation of form, into laws of wages.
Similarly the distinction between the exchange-value of labour power, and
the sum of the necessaries of life into which this value is converted,
now reappears as the distinction between nominal and real wages. It would
be useless to repeat here, with regard to the phenomenal form, what has
been already worked out in the substantial form. We limit ourselves therefore
to a few points characteristic of time-wages.
The sum of money which the labourer receives
for his daily or weekly labour, forms the amount of his nominal wages,
or of his wages estimated in value. But it is clear that according to the
length of the working-day, that is, according to the amount of actual labour
daily supplied, the same daily or weekly wage may represent very different
prices of labour, i.e., very different sums of money for the same quantity
of labour. We must, therefore, in considering time-wages, again distinguish between the sum-total of the daily or weekly wages, &c.,
and the price of labour. How then, to find this price, i.e., the money-value
of a given quantity of labour? The average price of labour is found, when
the average daily value of the labour-power is divided by the average number
of hours in the working-day. If, e.g., the daily value of labour-power
is 3 shillings, the value of the product of 6 working-hours, and if the
working-day is 12 hours, the price of 1 working hour is 3/12 shillings
= 3d. The price of the working-hour thus found serves as the unit measure
for the price of labour.
It follows therefore that the daily and weekly wages, &c.,
may remain the same, although the price of labour falls constantly. If,
e.g., the habitual working-day is 10 hours and the daily value of the labour-power
3s., the price of the working-hour is 3 3/5d. It falls to 3d. as soon as
the working-day rises to 12 hours, to 2 2/5d as soon as it rises to 15
hours. Daily or weekly wages remain, despite all this, unchanged. On the
contrary, the daily or weekly wages may rise, although the price of labour
remains constant or even falls. If, e.g., the working-day is 10 hours,
and the daily value of labour-power 3 shillings, the price of one working-hour
is 3 3/5d. If the labourer, in consequence of increase of trade, works
12 hours, the price of labour remaining the same, his daily wage now rises
to 3 shillings 7 1/5 d. without any variation in the price of labour. The
same result might follow if, instead of the extensive amount of labour,
its intensive amount increased.
The rise of the nominal daily or weekly wages may therefore be accompanied by a price of labour
that remains stationary or falls. The same holds as to the income of the
labourer’s family, as soon as the quantity of labour expended by the head
of the family is increased by the labour of the members of his family.
There are, therefore, methods of lowering the price of labour independent
of the reduction of the nominal daily or weekly wages.
As a general law it follows that, given the amount of daily or
weekly labour, &c., the daily or weekly wages depend on the price
of labour which itself varies either with the value of labour-power, or
with the difference between its price and its value. Given, on the other
hand, the price of labour, the daily or weekly wages depend on the quantity
of the daily or weekly labour.
The unit-measure for time-wages, the price of the working-hour,
is the quotient of the value of a day’s labour-power, divided by the number
of hours of the average working-day. Let the latter be 12 hours, and the
daily value of labour-power 3 shillings, the value of the product of 6
hours of labour. Under these circumstances the price of a working hour
is 3d.; the value produced in it is 6d. If the labourer is now employed
less than 12 hours (or less than 6 days in the week), e.g., only 6 or 8
hours, he receives, with this price of labour, only 2s. or 1s. 6d. a day.
As on our hypothesis he must work on the average
6 hours daily, in order to produce a day’s wage corresponding merely to
the value of his labour power, as according to the same hypothesis he works
only half of every hour for himself, and half for the capitalist, it is
clear that he cannot obtain for himself the value of the product of 6 hours
if he is employed less than 12 hours. In previous chapters we saw the destructive
consequences of over-work; here we find the sources of the sufferings that
result to the labourer from his insufficient employment.
If the hour’s wage is fixed so that the capitalist does not bind
himself to pay a day’s or a week’s wage, but only to pay wages for the
hours during which he chooses to employ the labourer, he can employ him
for a shorter time than that which is originally the basis of the calculation
of the hour-wage, or the unit-measure of the price of labour. Since this
unit is determined by the ratio
daily value of labour-power
working-day of a given number of hours’
it, of course, loses all meaning as soon as the working-day ceases to contain
a definite number of hours. The connection between the paid and the unpaid
labour is destroyed. The capitalist can now wring from the labour a certain
quantity of surplus-labour without allowing him the labour-time necessary
for his own subsistence. He can annihilate all regularity of employment,
and according to his own convenience, caprice, and the interest of the
moment, make the most enormous overwork alternate with relative or absolute
cessation of work. He can, under the pretense of paying “the normal price
of labour,” abnormally lengthen the working-day without any corresponding
compensation to the labourer. Hence the perfectly rational revolt in 1860
of the London labourers, employed in the building trades, against the attempt
of the capitalists to impose on them this sort of wage by the hour. The
legal limitation of the working-day puts an end to such mischief, although
not, of course, to the diminution of employment caused by the competition
of machinery, by changes in the quality of the labourers employed, and
by crises partial or general.
With an increasing daily or weekly wage the price of labour may
remain nominally constant, and yet may fall below its normal level. This
occurs every time that, the price of labour (reckoned per working-hour)
remaining constant, the working-day is prolonged beyond its customary length.
If in the fraction:
daily value of labour power
working-day
the denominator increases, the numerator increases yet more rapidly. The
value of labour-power, as dependent on its wear and tear, increases with
the duration of its functioning, and in more rapid proportion than the
increase of that duration. In many branches of industry where time-wage
is the general rule without legal limits to the working-time, the habit
has, therefore, spontaneously grown up of regarding the working day as
normal only up to a certain point, e.g., up to the expiration of the tenth
hour (“normal working-day,” “the day’s work,” “the regular hours of work”).
Beyond this limit the working-time is over-time, and is, taking the hour
as unit-measure, paid better (“extra pay”), although often in a proportion
ridiculously small. The normal working-day exists
here as a fraction of the actual working-day, and the latter, often during
the whole year, lasts longer than the former. The
increase in the price of labour with the extension of the working-day beyond
a certain normal limit, takes such a shape in various British industries
that the low price of labour during the so-called normal time compels the
labourer to work during the better paid over-time, if he wishes to obtain
a sufficient wage at all. Legal limitation of the
working-day puts an end to these amenities.
It is a fact generally known that, the longer the working-days,
in any branch of industry, the lower are the wages. A. Redgrave, factory inspector, illustrates this by a comparative review of the 20 years from 1839-1859, according to which wages rose in the factories
under the 10 Hours Law, whilst they fell in the factories in which the
work lasted 14 to 15 hours daily.
From the law, “the price of labour being given, the daily or weekly
wage depends on the quantity of labour expended,” it follows, first of
all, that the lower the price of labour, the greater must be the quantity
of labour, or the longer must be the working-day for the labourer to secure
even a miserable average wage. The lowness of the price of labour acts
here as a stimulus to the extension of the labour-time.
On the other hand, the extension of the working-time produces,
in its turn, a fall in the price of labour, and with this a fall in the
day’s or week’s wages.
The determination of the price of labour by:
daily value of labour power
working day of a given number of hours
shows that a mere prolongation of the working-day lowers the price of labour,
if no compensation steps in. But the same circumstances which allow the
capitalist in the long run to prolong the working-day, also allow him first,
and compel him finally, to nominally lower the price of labour until the
total price of the increased number of hours is lowered, and, therefore,
the daily or weekly wage. Reference to two circumstances is sufficient
here. If one man does the work of 1½ or 2 men, the supply of labour
increases, although the supply of labour-power on the market remains constant.
The competition thus created between the labourers allows the capitalist
to beat down the price of labour, whilst the falling price of labour allows
him, on the other hand, to screw up still further the working-time. Soon, however, this command over abnormal quantities of unpaid labour, i.e., quantities in excess of the average social amount, becomes a source
of competition amongst the capitalists themselves. A part of the price
of the commodity consists of the price of labour. The unpaid part of the
labour-price need not be reckoned in the price of the commodity. It may
be presented to the buyer. This is the first step to which competition
leads. The second step to which it drives is to exclude also from the selling
price of the commodity at least a part of the abnormal surplus-value created
by the extension of the working-day. In this way, an abnormally low selling
price of the commodity arises, at first sporadically, and becomes fixed
by degrees; a lower selling price which henceforward becomes the constant
basis of a miserable wage for an excessive working-time, as originally
it was the product of these very circumstances. This movement is simply
indicated here, as the analysis of competition does not belong to this
part of our subject. Nevertheless, the capitalist may, for a moment, speak
for himself.
“In Birmingham there is so much competition of masters one against another that many are obliged to do things as employers that they
would otherwise be ashamed of; and yet no more money is made, but only
the public gets the benefit.” The reader will remember the two sorts of London bakers, of whom one sold the bread at its full
price (the “full-priced” bakers), the other below its normal price (“the
under-priced,” “the undersellers”). The “full-priced” denounced their rivals
before the Parliamentary Committee of Inquiry: “They only exist now by
first defrauding the public, and next getting 18 hours’ work out of their
men for 12 hours’ wages.... The unpaid labour of the men was made ... the
source whereby the competition was carried on, and continues so to this
day.... The competition among the master bakers is the cause of the difficulty
in getting rid of night-work. An underseller, who sells his bread below
the cost-price according to the price of flour, must make it up by getting
more out of the labour of the men.... If I got only 12 hours’ work out
of my men, and my neighbor got 18 or 20, he must beat me in the selling
price. If the men could insist on payment for over-work, this would be
set right.... A large number of those employed by the undersellers are
foreigners and youths, who are obliged to accept almost any wages they
can obtain.”
This jeremiad is also interesting because it shows how the appearance
only of the relations of production mirrors itself in the brain of the
capitalist. The capitalist does not know that the normal price of labour
also includes a definite quantity of unpaid labour, and that this very
unpaid labour is the normal source of his gain. The category of surplus
labour-time does not exist at all for him, since it is included in the
normal working-day, which he thinks he has paid for in the day’s wages.
But over-time does exist for him, the prolongation of the working-day beyond
the limits corresponding with the usual price of labour. Face to face with
his underselling competitor, he even insists upon extra pay for this over-time.
He again does not know that this extra pay includes unpaid labour, just
as well as does the price of the customary hour of labour. For example,
the price of one hour of the 12 hours’ working-day is 3d., say the value-product
of half a working-hour, whilst the price of the over-time working-hour
is 4d., or the value-product of 2/3 of a working hour. In the first case
the capitalist appropriates to himself one-half, in the second, one-third
of the working-hour without paying for it.
Footnotes
1. The value of money itself is here always supposed constant.
2. “The price of labour is the sum paid for a given quantity of labour.” (Sir Edward West, “Price of Corn and Wages
of Labour,” London, 1826, p. 67.) West is the author of the anonymous “Essay
on the Application of Capital to Land. By a Fellow of the University College
of Oxford,” London, 1815. An epoch-making work in the history of Political Economy.
3. “The wages of labour depend upon the price of labour and the quantity of labour performed.... An increase in
the wages of labour does not necessarily imply an enhancement of the price
of labour. From fuller employment, and greater exertions, the wages of
labour may be considerably increased, while the price of labour may continue
the same.” (West, op. cit., pp. 67, 68, 112.) The main question: “How is
the price of labour determined?” West, however, dismisses with mere banalities.
4. This is perceived by the fanatical representative of the industrial bourgeoisie of the 18th century, the author
of the “Essay on Trade and Commerce” often quoted by us, although he puts
the matter in a confused way: “It is the quantity of labour and not the
price of it” (he means by this the nominal daily or weekly wages) “that
is determined by the price of provisions and other necessaries: reduce
the price of necessaries very low, and of course you reduce the quantity
of labour in proportion. Master manufacturers know that there are various
ways of raising and felling the price of labour, besides that of altering
its nominal amount.” (op. cit., pp. 48, 61.) In his “Three Lectures on
the Rate of Wages,” London, 1830, in which N. W. Senior uses West’s work
without mentioning it, he says: “The labourer is principally interested
in the amount of wages” (p. 14), that is to say, the labourer is principally
interested in what he receives, the nominal sum of his wages, not in that
which he gives, the amount of labour!
5. The effect of such an abnormal lessening of employment is quite different from that of a general reduction of the
working-day, enforced by law. The former has nothing to do with the absolute
length of the working-day, and may occur just as well in a working-day
of 15, as of 6 hours. The normal price of labour is in the first case calculated
on the labourer working 15 hours, in the second case on his working 6 hours
a day on the average. The result is therefore the same, if he in the one
case is employed only for 7½, in the other only for 3 hours.
6. “The rate of payment for overtime (in lace-making) is so small, from ½ d. and ¾ d. to 2d. per hour, that
it stands in painful contrast to the amount of injury produced to the health
and stamina of the workpeople.... The small amount thus earned is also
often obliged to be spent in extra nourishment.” (“Child.Empl.Com., II.
Rep.,” p. xvi., n. 117.)
7. E.g., in paper-staining before the recent introduction into this trade of the Factory Act. “We work on with
no stoppage for meals, so that the day’s work of 10½ hours is finished
by 4:30 p.m., and all after that is over-time, and we seldom leave off
working before 6 p.m., so that we are really working over-time the whole
year round.” (Mr. Smith’s “Evidence in Child. Empl. Com., 1. Rep.,” p.
125.)
8. E.g., in the Scotch bleaching-works. “In some parts of Scotland this trade” (before the introduction of the
Factory Act in 1862) “was carried on by a system of over-time, i.e., ten
hours a day were the regular hours of work, for which a nominal wage of
1s. 2d. per day was paid to a man, there being every day over-time for
three or four hours, paid at the rate of 3d. per hour. The effect of this
system ... a man could not earn more than 8s. per week when working the
ordinary hours ... without over-time they could not earn a fair day’s wages.”
(“Rept. of Insp. of Factories,” April 30th, 1863, p. 10.) “The higher wages,
for getting adult males to work longer hours, are a temptation too strong
to be resisted.” (“Rept. of Insp. of Fact.,” April 30th, 1848, p. 5.) The
book-binding trade in the city of London employs very many young girls
from 14 to 15 years old, and that under indentures which prescribe certain
definite hours of labour. Nevertheless, they work in the last week of each
month until 10, 11, 12, or 1 o’clock at night, along with the older labourers,
in a very mixed company. “The masters tempt them by extra pay and supper,”
which they eat in neighboring public houses. The great debauchery thus
produced among these “young immortals” (“Children’s Employment Comm., V.
Rept.,” p. 44, n. 191) is compensated by the fact that among the rest many
Bibles and religious books are bound by them.
9. See “Reports of lnsp. of Fact.,” 30th April, 1863, p. 10. With very accurate appreciation of the state of things,
the London labourers employed in the building trades declared, during the
great strike and lock-out of 1860, that they would only accept wages by
the hour under two conditions: (1), that, with the price of the working-hour,
a normal working day of 9 and 10 hours respectively should be fixed, and
that the price of the hour for the 10 hours’ working-day should be higher
than that for the hour of the 9 hours working-day; (2), that every hour
beyond the normal working-day should be reckoned as over-time and proportionally
more highly paid.
10. “It is a very notable thing, too, that where long hours are the rule, small wages are also so.” (“Report
of Insp. of Fact.,” 31st. Oct., 1863, p. 9.) “The work which obtains the
scanty pittance of food, is, for the most part, excessively prolonged.”
(“Public Health, Sixth Report,” 1864, p. 15.)
11. “Report of Inspectors of Fact.,” 30th April, 1860, pp. 31, 32.
12. The hand nail-makers in England, e.g., have, on account of the low price of labour, to work 15 hours a day
in order to hammer out their miserable weekly wage. “It’s a great many
hours in a day (6 a.m. to 8 p.m.), and he has to work hard all the time
to get 11 d. or 1s., and there is the wear of the tools, the cost of firing,
and something for waste iron to go out of this, which takes off altogether
2½d. or 3d.” (“Children’s Employment Com., III. Report,” p. 136, n.
671.) The women earn by the same working-time a week’s wage of only 5 shillings.
(l.c., p. 137, n. 674.)
13. If a factory-hand, e.g., refused to work the customary long hours, “he would very shortly be replaced by
somebody who would work any length of time, and thus be thrown out of employment.”
(“Reports of Inspectors of Factories,” 30th April, 1848. Evidence, p. 39,
n. 58.) “If one man performs the work of two... the rate of profits will
generally be raised ... in consequence of the additional supply of labour
having diminished its price.” (Senior, l.c., p. 15.)
14. “Children’s Employment Com., III Rep.,” Evidence, p. 66, n. 22.
15. “Report, &c., Relative to the Grievances Complained of by the Journeymen Bakers.” London, 1862, p. 411,
and ib. Evidence, notes 479, 359, 27. Anyhow the full-priced bakers, as
was mentioned above, and as their spokesman, Bennett, himself admits, make
their men “generally begin work at 11 p.m. ... up to 8 o’clock the next
morning.... They are then engaged all day long ... as late as 7 o’clock
in the evening.” (l.c., p. 22.)
Transcribed by Bill McDorman
Html Markup by Stephen Baird (1999)
Next: Chapter Twenty-One: Piece-Wages
Capital Volume One- Index
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Let's Analyse the Pattern
Working more hours for the same total pay actually decreases your real hourly wage, creating a cycle where desperation forces acceptance of increasingly exploitative arrangements.
Why This Matters
Connect literature to life
This chapter teaches how to see through numerical sleight of hand that disguises wage theft as opportunity.
Practice This Today
This week, calculate your true hourly wage by dividing total compensation by all work-related hours, including prep time, commute, and unpaid tasks—you might be shocked by the real number.
Now let's explore the literary elements.
Key Quotes & Analysis
"The sum of money which the labourer receives for his daily or weekly labour, forms the amount of his nominal wages, or of his wages estimated in value."
Context: Explaining how workers focus on their paycheck amount rather than their actual hourly rate
Marx is showing how the wage system creates an illusion. Workers see their weekly pay and think that's what matters, missing how their effective hourly rate can be manipulated downward.
In Today's Words:
People focus on their total paycheck instead of figuring out what they're actually earning per hour.
"It would be useless to repeat here, with regard to the phenomenal form, what has been already worked out in the substantial form."
Context: Transitioning from theory to how wages actually appear in practice
Marx is distinguishing between the underlying economic reality and how it appears to workers. The 'phenomenal form' is what you see - your paycheck. The 'substantial form' is the exploitation happening underneath.
In Today's Words:
I don't need to repeat the theory when we can see how this actually plays out in real paychecks.
"The laws set forth, in the 17th chapter, on the changes in the relative magnitudes of price of labour-power and surplus-value, pass by a simple transformation of form, into laws of wages."
Context: Connecting his earlier theoretical work to practical wage systems
Marx is showing that his abstract economic principles translate directly into the wage patterns workers experience daily. The same forces that create surplus-value also determine how your wages behave.
In Today's Words:
The economic rules I explained earlier are exactly what's happening with your paycheck - just in a different form.
Thematic Threads
Economic Exploitation
In This Chapter
Mathematical manipulation of wages through extended hours without proportional pay increases
Development
Builds on earlier chapters about surplus value extraction, now showing specific mechanisms of wage theft
In Your Life:
You might accept salary jobs or extra shifts without calculating your true hourly wage, unknowingly working for less money per hour.
Systemic Deception
In This Chapter
The wage system obscures exploitation by focusing attention on daily/weekly totals rather than hourly rates
Development
Expands the theme of how capitalism hides its true mechanisms from workers
In Your Life:
You might feel grateful for steady work while missing that you're actually being paid less per hour than you realize.
Worker Competition
In This Chapter
Employers pit workers against each other by threatening job loss to those who won't accept longer hours for same pay
Development
Continues Marx's analysis of how capitalism turns workers against each other
In Your Life:
You might accept unfair conditions because you know someone else will take your job if you don't.
Survival Pressure
In This Chapter
Workers accept mathematical wage theft because they need the job to survive, even when it means working for below fair compensation
Development
Reinforces how economic desperation makes workers vulnerable to exploitation
In Your Life:
You might stay in jobs that exploit your time because you can't afford to lose the income, even when it's mathematically unfair.
Legal Protection
In This Chapter
Without legal limits on working hours, the system naturally evolves toward maximum exploitation of worker time
Development
Introduces the need for external regulation to prevent the worst abuses of the wage system
In Your Life:
You benefit from labor laws that limit working hours and require overtime pay, protections that exist because this pattern is so common.
You now have the context. Time to form your own thoughts.
Discussion Questions
- 1
Marx shows how London bakers worked 18-hour days for 12 hours' pay. What's the actual math here - what was their real hourly wage compared to what it should have been?
analysis • surface - 2
Why do workers accept longer hours for the same daily pay? What forces create this situation where people essentially agree to work for less money per hour?
analysis • medium - 3
Where do you see this 'time-for-money deception' happening today? Think about salaried workers, gig economy jobs, or small business owners working excessive hours.
application • medium - 4
If you discovered your real hourly wage was dropping because of longer hours, what specific steps would you take to address this without losing your job?
application • deep - 5
This chapter reveals how competition between workers can hurt all workers. What does this suggest about when cooperation serves us better than competition?
reflection • deep
Critical Thinking Exercise
Calculate Your True Hourly Wage
Take your current job or a recent job and calculate your real hourly wage. Include all unpaid time: commute, prep work, staying late, checking emails at home, required training. Divide your actual take-home pay by total hours devoted to work. Compare this to your official hourly rate or what you thought you were earning per hour.
Consider:
- •Include time spent thinking about work, checking emails, or being 'on call'
- •Factor in unpaid breaks, mandatory meetings, or training sessions
- •Consider whether overtime pay truly compensates for the additional hours
Journaling Prompt
Write about a time when you realized you were working more hours than you thought, or when extra responsibilities didn't come with extra pay. How did this affect your view of the job? What would you do differently now?
Coming Up Next...
Chapter 21: When Your Boss Pays by the Job
Next, Marx examines piece-wages—getting paid per item produced rather than per hour worked. This system promises workers control over their earnings but creates its own hidden traps and pressures.




