In a capitalist system, how do social relations of production influence economic outcomes?

In a capitalist system, social relations of production refer to the relationships between people involved in producing goods and services, such as workers, employers, and consumers. These relationships can greatly influence economic outcomes because they determine how resources are allocated and how profits are shared. For example, if workers are treated fairly and paid well, they are likely to be more motivated and productive, leading to better products and higher profits for the company. On the other hand, if workers are exploited or underpaid, it can result in low morale, high turnover, and ultimately, reduced economic success for the business. Therefore, the way people interact and relate to each other in the production process can shape not only their own lives but also the overall health of the economy.