[PDF / Epub] ✐ Wage Labour and Capital ☃ Karl Marx – Natus-physiotherapy.co.uk

Wage Labour and Capital Karl Heinrich Marx 5 May 1818 14 March 1883 Was A German Philosopher, Economic Historian, Journalist And Revolutionary Socialist Famous For Developing Marxism, A Socialist Movement That Has Been Incorporated By Societies Around The Globe He Published Various Books During His Lifetime, With The Most Notable Being The Communist Manifesto 1848 And Capital 1867 1894 , Many Of Which Were Co Written With His Friend, The Fellow German Revolutionary Socialist Friedrich Engels.The Text Of Wage Labour And Capital Came From Lectures Marx Delivered To The German Workmen S Club Of Brussels In 1847, A Time Of Great Political Upheaval The Relationship Between Wage Labour To Capital Is A Core Concept In Marx S Analysis Of Political Economy And Its Relationship With Capitalism This Book Is An Essential For Anyone Attempting To Understand The Development Of Marxist Theory.This Edition Of Wage Labour And Capital Is Specially Formatted With A Table Of Contents.


10 thoughts on “Wage Labour and Capital

  1. says:

    I had lunch with a group of friends a month or so ago It was the day that a speech was held at the Town Hall by the man our new government commissioned to write a report into climate change and what our response ought to be to it.These lunch things can get quite heated at times, but not so much on this day What we really needed was a climate change sceptic to stir things up a bit As my friend Ian points out, our only hope is that the sceptics are right and there is nothing to worry about because if even the most conservative climate change scientists are right we are doomed.We were talking and the question came up as to whether Capitalism is capable of adjusting to such an extent that it does not continue to rely on ever expanding markets and exponential growth Marx fully answered that question about 150 years ago His answer was unequivocal, and it was no.This book is based on a series of newspaper articles Marx wrote in 1849 which Engels turned into a pamphlet, after substantially editing the original, in 1891 I don t normally go into so much detail on the genealogy of a book, but I find it fascinating that Engels spends so much time in his introduction worrying over this He also made changes to the Manifesto at some time after Marx s death and I...


  2. says:

    The Good For those not ready for 1000 pages of Capital, Vol 1 A Critical Analysis of Capitalist Production, but want to read the words of economic Marx edited by Engels , this pamphlet is quite helpful The last chapter Effect of Capitalist Competition on the Capitalist Class, Middle Class, and Working Class is the climax Of course, the 8 previous chapters of abstraction were necessary, but I always find application of theory to be its life and purpose for which Marx surely agrees, and modern mainstream economists scorn Key points of the climax 1 Capitalism has a systemic contradiction that leads to crisis capitalism functions for profits, but this is achieved through competition, which lowers price to the cost of production thus squeezing profits , all on an ever greater scale 2 A result of competition is greater division of labor, to save costs by maximizing efficiency and pay cheaper wages from deskilling This forces proletarianization, as workers must work , and are forced into the labor market 3 Another result of competition is increased technology Increased automation squeezes the labor market, while the increasing scale of...


  3. says:

    Classical political economy had got into a blind alley The man who found the way out of this blind alley was Karl Marx Engels introduction to Wage Labour and Capital.Written from Marx s lecture notes and edited by Engels after Marx s death, this short pamphlet provides a great tour de force of Marx s economics It reads extremely well, it is so simple as to seem like self evident facts, with Marx s cool metaphors guiding along, exposing the ridiculous, childish mistakes of past economist Smith, Ricardo, Baptiste Say etc.This is essentially Marx s Capital for dummies It explains the inherent contradictions of capital, fairly removed from dialectics and heady philosophy, in a way that a toddler can grasp Relations between workers, money, wage and capitalists are spelled out, with their implications very clear Namely that the division of society into a small excessively rich class and a large, propertyless class of wage workers results in a society suffe...


  4. says:

    A good introduction but the last part where Marx puts forward his law of increasing misery of the working class is wrong and will put people off Marx


  5. says:

    Great book I think everyone should read it.


  6. says:

    An eminently readable book and a very good introduction to Marx s economic works Written with the intent of being read by and fully understood by workers at the time of Marx, it presupposes no knowledge of political economy and does a very good job of lucidly explaining several core concept...


  7. says:

    Saw this described as basically a short, easy to digest version of the first volume of Capital While I haven t read Capital this was certainly short and easy to digest Now when I talk to my cool Marxist friends I feel a little like I understand the words they re using, I ll call it a win


  8. says:

    Marx s essay on economics which details the workings of capitalist economies and expounds Marx s views on it s exploitive nature He considers this alienated labour


  9. says:

    More boring than anything else.


  10. says:

    Just a few highlights But capital not only lives upon labour Like a master, at once distinguished and barbarous, it drags with it into its grave the corpses of its slaves, whole hecatombs of workers, who perish in the crises To say that the worker has an interest in the rapid growth of capital , means only this that the speedily the worker augments the wealth of the capitalist, the larger will be the crumbs which fall to him, the greater will be the number of workers than can be called into existence, the can the mass of slaves dependent upon capital be increased Further, to the same degree in which the division of labour increases, is the labour simplified The special skill of the labourer becomes worthless He becomes transformed into a simple monotonous force of production, with neither physical nor mental elasticity His work becomes accessible to all therefore competitors press upon him from all sides Moreover, it must be remembered that the simple, the easily learned the work is, so much the less is its cost to production, the expense of its acquisition, and so much the lower must the wages sink for, like the price of any other commodity, they are determined by the cost of production Therefore, in the same manner in which labour becomes unsatisfactory, repulsive, do competition increase and wages decrease The labourer seeks to MAINTAIN the total of his wages for a given time by performing labour, either by work...