53 pages • 1 hour read
Karl MarxWage Labour and Capital & Value, Price and Profit
Nonfiction | Reference/Text Book | Adult | Published in 1848A modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.
Before You Read
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
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 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.