Basic Writings on Politics and Philosophy (Fontana Pocket Readers)

Business & Money

Karl, Marx

Friedrich, Engels

Economics

Fontana Press

This, in 1898 posthumously published, pamphlet was Marx’s response to an argument on trade union activity that took place at a meeting of the General Council of the International Working Men’s Association in 1865. Weston, a follower of Robert Owen, argued that wage increases did not benefit the workers immediately concerned, and, worse, also harmed workers in other sections of industry by causing price inflation.  In the first five chapters of this pamphlet Marx easily demolishes the arguments of “Citizen Weston”. This part of the pamphlet is now mainly of academic interest since most of Weston’s points were so crude that they are rarely heard today. From chapter VI on, however, Marx sets out in simple form his Labour Theory of Value; explains the source of rent, interest and profit and outlines both the usefulness and the limitations of trade union action.  The labor theory of value is the economic theory of value which argues that the value of a commodity is related to the labor needed to produce or obtain that commodity. Presently the concept is most often associated with Marxian economics, although it appears as a foundation to earlier classical economic theorists such as Adam Smith and David Ricardo. However, Karl Marx never used the phrase "labor theory of value" to describe his theory of value, but instead made reference to a law of value.

Value Price and Profit

Politics & Social Sciences

Politics & Government

ALLEN U

<p>Written during the winter of 1857-8, the "Grundrisse" was considered by Marx to be the first scientific elaboration of communist theory. A collection of seven notebooks on capital and money, it both develops the arguments outlined in the Communist Manifesto (1848) and explores the themes and theses that were to dominate his great later work "Capital". Here, for the first time, Marx set out his own version of Hegel's dialectics and developed his mature views on labour, surplus value and profit, offering many fresh insights into alienation, automation and the dangers of capitalist society. Yet while the theories in "Grundrisse" make it a vital precursor to "Capital", it also provides invaluable descriptions of Marx's wider-ranging philosophy, making it a unique insight into his beliefs and hopes for the foundation of a communist state.</p>

Marx Before Marxism

History

Europe

Harper-Torchbooks

On Revolution (The Karl Marx Library, Volume 1)

McGraw=Hill

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Karl Marx on Education, Women and Children

Saul K. Padover

The Communist Manifesto

PRENTICE/HALL

<p>The more than 350 fully annotated letters brought together in this volume provide insight into Marx's personality, intellectual development, and relationship with his family, Frederick Engels, and socialist Ferdinand Lassalle</p>

Letters of Karl Marx (English and German Edition)

Biographies & Memoirs

Political Writings: First International and After v. 3 (The Pelican Marx Library)

Penguin Books, Ltd.

Capital, one of Marx's major and most influential works, was the product of thirty years close study of the capitalist mode of production in England, the most advanced industrial society of his day. This new translation of Volume One, the only volume to be completed and edited by Marx himself, avoids some of the mistakes that have marred earlier versions and seeks to do justice to the literary qualities of the work. The introduction is by Ernest Mandel, author of Late Capitalism, one of the only comprehensive attempts to develop the theoretical legacy of Capital.

Capital: volume 1 (Pelican)

Marx karl, Capital, a critique of political economy, volume 2

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