Back to Blog
Marx wage labor and capital6/2/2023 ![]() ![]() Operating from the premise that capitalism contained the seeds of its own destruction, his ideas formed the basis of Marxism and served as a theoretical base for communism. Engels re-issued it in 1891 but with certain changes to take into account Marx’s advances in economic theory. Written by Marx towards the end of 1847, it was aimed to be a popular exposition of the basics of how capitalism functioned and the subjugation of wage labour. ![]() Marx's work laid the foundations for future communist leaders such as Vladimir Lenin and Josef Stalin. Wage Labour and Capital is one excellent example of just such a classic. Adam Smith also famously wrote about the capitalist economic system in his 1776 masterpiece, The Wealth of Nations, and Marx was well aware of Smith's writings. While it's unclear whether either Thackeray or Marx was aware of the other's work, both men meant the word to have a pejorative ring. Karl Marx Wage-Labor and Capital Paperback Octoby Karl Marx (Author), Friedrich Engels (Author), Taylor Anderson (Editor) 92 ratings See all formats and editions Kindle 1.20 Read with Our Free App Audiobook 0.00 Free with your Audible trial Hardcover 25.95 1 Used from 29.67 5 New from 25.95 Paperback 4.99 1 New from 4. ![]() The exact origins of the term "capitalism" in English are unclear, and it is certain that Marx was not the first to use the word "capitalism" in English, although he contributed to the rise of its use and interest in the concept.Īccording to the Oxford English Dictionary, the English word was first used by author William Thackeray in 1854, in his novel The Newcomes, who intended it to mean a sense of concern about personal possessions and money in general. ![]()
0 Comments
Read More
Leave a Reply. |