In Wage Labor and Capital, Marx sets out, in embryonic form, a theory of capitalist relations of production. Considered to be his masterwork, Capital has been translated into all the major languages.We present here a reading guide to Wage Labor and Capital, which can help comrades digest the key ideas from this classic text by Karl Marx. Capital, Volume II was published in 1885 and Capital, Volume III in 1894. Marx continued to work on the remaining two volumes which were published after his death by Engels. The first volume, Capital, Volume I, of his magnum opus Capital (Das Kapital) was published in 1867. One of the most important political documents of the world, this monumental text is highly influential and continues to remain widely read. Marx and Engels published ""The Communist Manifesto"", a political pamphlet summarizing their theories about the nature of society and politics, in 1848. Marx's The Poverty of Philosophy was published in 1847. In 1844, Marx befriended Friedrich Engels, the German socialist and became a revolutionary communist. Marx completed his doctoral thesis, titled The Difference Between the Democritean and Epicurean Philosophy of Nature, in 1841 and submitted it to the University of Jena.
Karl Heinrich Marx ( - 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. This edition is printed on premium acid-free paper. Marx's theories remain widely studied for their relevance and insight into the problems and inequalities that continue to exist in modern economic systems. Marx argues that workers are responsible for creating the value that leads to profit and they are entitled to share in it through increased wages. "Value, Price, and Profit" was first given as a speech by Marx in 1865 and expands on his ideas regarding the relationship between wages and profit. First written in 1847, "Wage Labour and Capital" is the foundation for the economic theories that were later developed in "Das Kapital". This edition contains two of his more important essays. His groundbreaking theory that much of a society's conflict is based on an economic imbalance between the wealthy ruling class, the bourgeoisie, who control the means of production, and the working class, or the proletariat, who are forced to sell their labor in return for wages, helped spur the development of socialist and communist political systems.
His hugely significant works "The Communist Manifesto" and "Das Kapital" fundamentally changed the way the world viewed economy and politics. Karl Marx is one of the most influential social theorists and political philosophers of the 19th century.
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