Political economy originates from the concept of private ownership of the property; however, it does not explain the topic conclusively. It generally expresses the material processes through which the property passes. These abstract formulas are taken as laws. Political economy does not establish the basis of how legislation arises from private ownership of property. Indeed, it also fails to expound on the factors leading to the separation between capital and labour in the same way as capital and land.
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Consequently, it has become relatively easier to understand the association between private property and other aspects attributed to a man. It has become easy to comprehend the connection between exchange and competition, valuation and devaluing of man, and monopoly and competition. Economists fail to deduce the relationship between the division of labour and exchange. Workers continue to be poorer as they continue producing more wealth.
The worker gets relegated to an ever cheaper commodity as he continues producing more. Labor produces itself, and the worker is seen as a commodity other than the actual commodity he is supposed to be producing. The end results of the labour challenge it because it is unfamiliar. Objectification of labour thus comes about hence loss for the realization of workers. The working populace is often deprived of their sweat as they are robbed of the possessions that are most important in their life and occupation. As a result, the worker is separated from the fruits of his labour as and is treated as an alien object.
This accentuates the fact that as the farmer’s expenses increase (or the more he works hard), the more powerful the instruments that make him alien to his own possessions become, causing the farmer to become poorer.