An Economic Interpretation of the Job

Published by the Department of Education of Agricultural Workers Industrial Union No. 110 of The Industrial Workers of the World (June 1922)

• Introduction
• Chapter I. Labor Power - Selling labor-power; Labor-power, a commodity; and Market relationship of capitalist and laborer.
• Chapter II. Exchange Value - Value and Technology; and Socially Necessary Labor Time.
• Chapter III. Surplus Value - Paid and Unpaid Labor Time.
• Chapter IV. The Source of Profit - The Profit System; The Class Struggle; and Capitalist Enslavement.
• Chapter V. Prices of Commodities - Wages and Prices; Causes of Price Rises; and "The American Plan."
• Chapter VI. Price Regulation - High Wages Do Not Make High Prices; Low Wages Do Not Mean High Prices; Increased Demand Temporarily Increases Prices; and What are "High", "Fair" and "Low" Wages?
• Chapter VII. The Standard of Living - The Hours of Labor.
• Chapter VIII. Piece Work - The Bonus System; Profit Sharing; and Family Pressure.
• Chapter IX. Origin of New Capital - Accumulation of Capital; The Migratory Worker; Capital and Investment; American Labor Poorest Paid; and What Capital is.
• Chapter X. The Market Law - Panics; The Lesson; Consular Service Aid; One Regulator; The Workers' Lesson; Shorter Workday; and The I. W. W.
• Chapter XI. In Conclusion - Capital, an acquired character; Labor Objective; Working Class Unionism; and The Industry the organizing unit.

Transcribed by J. D. Crutchfield. Numerous typographical errors silently corrected. Layout, format, and some punctuation changed for easier reading. 

Last updated 19 April 2008.