
Wage-Labour and Capital
by Karl Marx
'Wage-Labour and Capital' Summary
The ideas expressed in the essay have a thorough economic contemplation about them as Marx put aside his materialist conceptions of history for the time being. This essay began developing a more scientific rationale for his concept of alienated labor which in Marx’s perspective would eventually lead to the proletarian revolution.
Main topics examined in the essay include labour power, labour, and how labour power becomes a commodity. The labour theory of value is introduced, which distinguishes between labour and labour power. The essay defines the term commodity and explores how the economic principles of supply and demand affect the pricing of certain commodities. Beyond that, the essay explores how capital and capitalism do not service any purpose other than to gain more of it, which Marx presents as an illogical method of living one's life.
Thus, "Wage-Labor and Capital" is considered by Marxists as an "in-depth economic and scientific observation on how capitalist economy works, why it was exploitative, and ultimately why it would eventually implode from within".
Book Details
Language
EnglishOriginal Language
GermanPublished In
1847Authors

Karl Marx
Prussia, Stateless
Karl Heinrich Marx was a German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. Due to his political publications, Marx became stateless an...
Books by Karl MarxDownload eBooks
Listen/Download Audiobook
- Select Speed
Related books

The Irish Land Question by Henry George
It explores the complex political and economic issues surrounding land ownership in Ireland during the late 19th century. The book was originally publ...

In Old Narragansett by Alice Morse Earle
In Old Narragansett is a historical account of the Narragansett region of Rhode Island, written by Alice Morse Earle. The book covers the period from...

Inner Life by John Greenleaf Whittier
John Greenleaf Whittier's "Inner Life" offers a collection of poems reflecting his deep commitment to social justice, particularly the abolition of sl...

Samuel the Seeker by Upton Sinclair
Samuel the Seeker follows the journey of young Samuel Prescott, who, after being robbed and left penniless, navigates the complexities of early 20th-c...

History of the United States, Vol. IV: The West and Jacksonian Democracy by Charles Austin Beard
Charles Beard was the most influential American historian of the early 20th century. He published hundreds of monographs, textbooks and interpretive s...

Historic Papers on the Causes of the Civil War by Eugenia Dunlap Potts
The beginning of the book is all about how great everything was in the south before the end slavery. There was an abundance of food, work, good cheer...

Slave Narratives: a Folk History of Slavery in the United States From Interviews with Former Slaves, Volume XI, North Carolina Narratives, Part 2 by Various
This volume, part of the larger 'Slave Narratives' project, presents a collection of first-hand accounts from former slaves in North Carolina. These n...

The Promise of American Life by Herbert Croly
The Promise of American Life is a book published by Herbert Croly, founder of The New Republic, in 1909. This book opposed aggressive unionization and...

Eliza Crossing the River by Harriet Beecher Stowe
Eliza Crossing the River is a short story by Harriet Beecher Stowe, the author of Uncle Tom's Cabin. The story follows Eliza, a young slave woman, as...

State of the Union Addresses by United States Presidents (1857 - 1860) by James Buchanan
In the annals of American history, few presidencies have been as controversial and consequential as that of James Buchanan. As the nation teetered on...
Reviews for Wage-Labour and Capital
No reviews posted or approved, yet...