Trade Unions and Wage Theories: The Case of J. S. Mill and Marx
DOI:
https://doi.org/10.26253/heal.uth.ojs.sst.2008.14Keywords:
Wages fund theory, English trade unions of 19th century, Mill’s “recantation”, Marx’s wage theoryAbstract
The intensity of class struggle in England of 1860s began to transform trade unions from mutual aid association societies to crucial bargaining factors. Two different political strategies, which in the theoretical level are reflected in the interventions of Marx and J. S. Mill, evolved inside the working class movement. They both turn against the dominant analytical framework of the wage fund theory, according to which every working contest is finally proved contradictory to the working class own interests. Mill, modifying arguments that he had previously maintained, supported a reformist strategy, which in last resort did not dispute capitalist rule. Marx, on the contrary, appeared polemic to a political project like that, stressing the ir-rec- onciled contradiction of long term class interests between capital and labour.