Translation of The Commodity the original chapter 1 of the first edition of Das Kapital. The complete text online of Marx's Magnum Opus, Capital: a critique of political economy, a devastating ...
Discover how the labor theory of value explains the pricing of goods based on labor input and its historical importance in ...
Marxian economics, derived from Karl Marx's seminal works, critiques capitalism's treatment of labor, arguing that it exploits workers and undervalues their contributions. This school of thought ...
One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...
In Greece, the Potato Movement demonstrates that people hit hard by the recession are employing the Labour Theory of Value professed by theorists such as Karl Marx to reignite their economy. Since the ...
Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...
Cambridge Journal of Economics, Vol. 40, No. 3 (May 2016), pp. 913-939 (27 pages) This article distinguishes between two types of division of labour discussed by Smith. The ...
The argument unfolding today in the United States between free traders and protectionists is nothing new, in kind or intensity. Long before President Trump called for tariffs to halt the departure of ...
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