Karl Marx, das Kapital From Capitalist Exploitation to Communist Revolution |
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Author:
| Steele, David Ramsay |
Narrated by:
| Rukyser, Lois |
ISBN: | 978-1-4332-3784-3 |
Publication Date: | Jan 2012 |
Publisher: | Blackstone Audio, Incorporated
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Book Format: | Downloadable audio file |
List Price: | USD $20.76 |
Book Description:
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In his monumental work, Das Kapital, Karl Marx (1818-1883), tried to show that capitalism was both inefficient and immoral. His key to explaining capitalism is his labor theory of value, which he developed from ideas of Adam Smith and David Ricardo. Marx argued that all profit, rent, and interest are "surplus-value", obtained by paying workers less than the value of their products. He maintained that the living conditions of the workers always tend to deteriorate that competition...
More DescriptionIn his monumental work, Das Kapital, Karl Marx (1818-1883), tried to show that capitalism was both inefficient and immoral. His key to explaining capitalism is his labor theory of value, which he developed from ideas of Adam Smith and David Ricardo. Marx argued that all profit, rent, and interest are "surplus-value", obtained by paying workers less than the value of their products. He maintained that the living conditions of the workers always tend to deteriorate that competition automatically creates monopoly, and that the business cycle demonstrates the wastefulness of capitalism.