53 pages 1 hour read

Karl Marx

Wage Labour and Capital & Value, Price and Profit

Nonfiction | Reference/Text Book | Adult | Published in 1848

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Before You Read

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Super Short Summary

In Wage Labour and Capital and Value, Price and Profit, Karl Marx examines the exploitative dynamics of capitalism, highlighting how the capitalist mode of production alienates workers by exchanging their labor power for wages that barely cover their subsistence. Capitalists profit by extracting surplus value from unpaid labor, creating a fundamental antagonism between capital and labor.

Reviews & Readership

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Review Roundup

Karl Marx's Wage Labour and Capital & Value, Price and Profit offer foundational insights into Marxist economic theory. They are praised for clarity in explaining labor value, surplus value, and critiques of capitalism. However, some readers find the works dense and challenging without prior economic knowledge. Essential reading for understanding Marxist economics, but best approached with background study.

Who should read this

Who Should Read Wage Labour and Capital & Value, Price and Profit?

Readers who would enjoy Wage Labour and Capital & Value, Price and Profit by Karl Marx are those interested in Marxist theory, the dynamics of capitalism, and economic history. They likely appreciate works such as Adam Smith's The Wealth of Nations and Thomas Piketty's Capital in the Twenty-First Century.

Recommended

Reading Age

18+years

Book Details

Themes

Society: Class

Society: Economics

Values/Ideas: Justice & Injustice

Topics

Business / Economics

Sociology

History: World

Genre

Philosophy

Classic Fiction