--- title: "Meaning & Key Takeaway of: The point of this, as Marx explains, is…" description: "\"“The point of this, as Marx explains, is to show that according to classical economics the worker becomes a commodity, the production of which is subje..." image: "https://sms4smile.com/quotes/i/1fb/peter-singer-1001_economics_the-point-of-this-as-marx-explains-is-to_2610486.jpg" --- # The point of this, as Marx explains, is to show that… ![“The point of this, as Marx explains, is to show that according to classical economics the worker becomes a commodity, the production of which is subject to the ordinary laws of supply and demand. If the supply of workers exceeds the demand for labour, wages fall and some workers starve. Wages…” quote by Peter Singer](https://sms4smile.com/quotes/i/1fb/peter-singer-1001_economics_the-point-of-this-as-marx-explains-is-to_2610486.jpg) [Download](https://sms4smile.com/quotes/i/1fb/peter-singer-1001_economics_the-point-of-this-as-marx-explains-is-to_2610486.jpg) [Open image](https://sms4smile.com/quotes/i/1fb/peter-singer-1001_economics_the-point-of-this-as-marx-explains-is-to_2610486.jpg) > ““The point of this, as Marx explains, is to show that according to classical economics the worker becomes a commodity, the production of which is subject to the ordinary laws of supply and demand. If the supply of workers exceeds the demand for labour, wages fall and some workers starve. Wages therefore tend to the lowest possible level compatible with keeping an adequate supply of workers alive.”” [Peter Singer](https://sms4smile.com/quotes/author/peter-singer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Marx argues workers are treated as commodities, with wages driven down by excess supply, barely enough to sustain them. **In simple terms:** Workers become commodities; wages fall when supply exceeds demand. Key Takeaway Recognize and challenge exploitative labor markets. Themes economics labor exploitation class inequality Mood critical analytical Type theoretical political When to use this quote - union negotiations - policy advocacy - worker organizing - social activism Key Concepts Marxism commodity theory supply demand dynamics Questions to Reflect On - How do modern labor laws affect this dynamic? - What mechanisms protect workers from being reduced to commodities? A Different Perspective Assumes all labor markets function identically, ignoring regulation and bargaining power. ★ ★ ★ ★ ★ No ratings yet [Demand Labour](https://sms4smile.com/quotes/about/demand-labour-2022523/) [Economics](https://sms4smile.com/quotes/about/economics/) [Labour](https://sms4smile.com/quotes/about/labour/) [Marx](https://sms4smile.com/quotes/about/marx/) [Marx Explains](https://sms4smile.com/quotes/about/marx-explains-2022521/) [Supply and demand](https://sms4smile.com/quotes/about/supply-and-demand/) [Worker Commodity](https://sms4smile.com/quotes/about/worker-commodity-2022522/) ## Related quotes > [Marx saw that capitalism is a wasteful, irrational system, a system which controls us when we should be controlling it. 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