Wage Labor and Capital (Perfect Library) - Softcover

Marx, Karl

 
9781512112313: Wage Labor and Capital (Perfect Library)

Synopsis

Originally delivered as lectures in 1847 and first published as newspaper articles in 1849, Wage Labor and Capital is one of Karl Marx’s clearest introductions to his critique of the capitalist system.

In concise, forceful chapters, Marx explains how wage labor functions, why the worker is compelled to sell labor-power to survive, and how profit depends on an unequal relationship between those who own capital and those who must work for wages. Step by step, he connects everyday realities—wages, prices, competition, and “the market”—to the deeper structure of class power and exploitation.

Accessible, polemical, and historically important, this short work is ideal for readers who want a foundational Marx text before (or alongside) Capital, and for anyone interested in political economy, labor history, and modern social theory.

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About the Author

Described as one of the most influential figures in human history, Karl Marx was a German philosopher and economist who wrote extensively on the benefits of socialism and the flaws of free-market capitalism. His most notable works, Das Kapital and The Communist Manifesto (the latter of which was co-authored by his collaborator Friedrich Engels), have since become two of history s most important political and economic works. Marxism the term that has come to define the philosophical school of thought encompassing Marx s ideas about society, politics and economics was the foundation for the socialist movements of the twentieth century, including Leninism, Stalinism, Trotskyism, and Maoism. Despite the negative reputation associated with some of these movements and with Communism in general, Marx s view of a classless socialist society was a utopian one which did not include the possibility of dictatorship. Greatly influenced by the philosopher G. W. F. Hegel, Marx wrote in radical newspapers from his young adulthood, and can also be credited with founding the philosophy of dialectical materialism. Marx died in London in 1883 at the age of 64.

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