W.L. stands for "Wage Labor," a term used to describe a system where individuals sell their labor to employers in exchange for wages. This arrangement is common in capitalist economies, where workers provide their skills and time to businesses, which in turn pay them for their contributions. Wage labor is a fundamental aspect of the labor market and influences economic structures and social dynamics. In the context of Karl Marx's theories, W.L. is often discussed in relation to concepts like capitalism and exploitation. Marx argued that wage labor can lead to the alienation of workers from their labor, as they do not own the products they create. This perspective highlights the complexities and challenges faced by workers in a wage-based economy.