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Wage-Labour and Capital & Value, Price, and…

Wage-Labour and Capital & Value, Price, and Profit

by Karl Marx

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Good introductory text on economics. ( )
  Hanuman2 | Dec 16, 2007 |
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From various quarters we have been reproached for neglecting to portray the economic conditions which form the material basis of the present struggles between classes and nations. [Wage-Labour and Capital]
There reigns now on the Continent a real epidemic of strikes, and a general clamour for a rise of wages. [Value, Price and Profit]
Wie nun wird eine Summe von Waren, von Tauschwerten zu Kapital?

Dadurch, dass sie als selbständige gesellschaftliche Macht, d.h. als die Macht eines Teils der Gesellschaft sich erhält und vermehrt durch den Austausch gegen die unmittelbare, lebendige Arbeitskraft. Die Existenz einer Klasse, die nichts besitzt als die Arbeitsfähigkeit, ist eine notwendige Voraussetzung des Kapitals.

Die Herrschaft der aufgehäuften, vergangnen, vergegenständlichen Arbeit über die unmittelbare, lebendige Arbeit macht die aufgehäufte Arbeit erst zum Kapital.
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This work is the combination of two pamphlet-sized titles also available separately, and should not be merged with either of them.
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This pamphlet first appeared as a series of articles in 1849. An early precursor to the landmark Das Kapital, here Marx develops the ideas of supply, demand, labor-as-commodity, the distinction between labor and power, and capitalism's dependence on the exploitation of labor, with the prediction that capitalism would eventually collapse.… (more)

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