Labor Market and Class Struggle from the Perspective of Marxist Political Economy

Abstract

Within the viewpoint of Marxist political economy, inequalities in the labor market are regarded as products of class struggle under the capitalist system. These inequalities reflect the relatively disadvantaged position of the working class, who often face low wages, unstable working conditions, and exploitation. These injustices not only reflect economic structures but also deeply influence the construction of social status and power relations. Studying the organizational forms of the working class within this theoretical framework holds significant importance. Labor unions, as organizations representing workers' interests, undertake the responsibility of advocating for better working conditions and wages. Union organizations engage in collective actions, such as strikes and demonstrations, demonstrating the solidarity and strength of the working class, challenging the authority of the capitalist system.