
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

Manifest Komunistyczny by Karl Marx
Manifest Komunistyczny jest traktatem politycznym napisanym przez Karla Marxa i Friedricha Engelsa, w którym przedstawiono ich teorię komunizmu. Autor...

I.W.W. - Its History, Structure, and Method by Vincent St. John
Vincent St. John's "I.W.W. - Its History, Structure, and Method" is a foundational text in the history of the Industrial Workers of the World (IWW), c...

Lamp of Wisdom by William H. Councill
“Lamp of Wisdom” by William H. Councill, a former slave and a contemporary of Booker T. Washington, delves into the history of the African American co...

Lincoln at Cooper Union by Abraham Lincoln
On 27 February 1860, Abraham Lincoln gave this address at the Cooper Union in New York City. When he gave the speech, Lincoln was considered by many t...

Life of Harriet Beecher Stowe, Compiled from her Letters and Journals by Charles Edward Stowe
This book offers a deeply personal portrait of Harriet Beecher Stowe, the author of 'Uncle Tom's Cabin,' through her own letters and journals. It prov...

Recording Angel by Edwin Arnold Brenholtz
Edwin Arnold Brenholtz's "The Recording Angel" is a novel set in a future society where the gap between the wealthy and the working class is stark. Th...

The Facts of Reconstruction by John R. Lynch
First-hand perspective on the years right after the Civil War, when blacks were not yet denied so many of their rights. They were in Congress! A part...

Bible (WEB) NT 18: Philemon by World English Bible
While in prison, Paul writes this letter to another Christian, Philemon. Paul has met with and converted a man named Onesimus, probably a runaway sla...

Progress and Poverty by Henry George
Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy is an 1879 book...

History of the United States, Vol. II: Conflict & Independence 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...
Reviews for Wage-Labour and Capital
No reviews posted or approved, yet...