How Wages are set by a capitalist!

[Mehria]

How Wages are set by a capitalist!
What is the cost of production of labour-power?
It is the cost required for the maintenance of the labourer as a labourer, and for his education and training as a labourer.
Therefore, the shorter the time required for training up to a particular sort of work, the smaller is the cost of production of the worker, the lower is the price of his labour-power, his wages. In those branches of industry in which hardly any period of apprenticeship is necessary and the mere bodily existence of the worker is sufficient, the cost of his production is limited almost exclusively to the commodities necessary for keeping him in working condition. The price of his work will therefore be determined by the price of the necessary means of subsistence.