Labor, Value, Individual

In Capitalism, the Value of Labor, like that of any commodity, is at least in part determined by Supply and Demand.  Thus, even when a wage is negotiated between an employer and employee, in most cases, the result is conditioned by factors outside that specific context, e. g. the availability of rival employees.  In contrast, Marx argues that the fundamental determinant of compensation for Labor should be the exertion of the Laborer that transforms material into a profitable commodity.  So, contrary to the reputations of the two systems, especially in the U. S., it is Socialism, not Capitalism, that better promotes the interests of the Individual.