Value, Price and Profit

Marx, Karl; Aveling, Eleanor Marx (EDT)

ISBN 10: 1434463117 / ISBN 13: 9781434463111

Published by Wildside Press, 2025

About this Item

Seller Inventory # 5676302-n

Bibliographic Details

• Title: Value, Price and Profit
• Publisher: Wildside Press
• Publication Date: 2025
• Language: English
• ISBN 10: 1434463117
• ISBN 13: 9781434463111
• Binding: Soft cover
• Condition: New

About this title

Synopsis

Originally delivered as a speech in 1865, Value, Price and Profit presents Karl Marx's analysis of wages, labor exploitation, and the mechanics of profit under capitalism. In this concise yet powerful work, Marx explains the labor theory of value, the impact of wage suppression, and the inevitability of class struggle within the economic system. Essential reading for those interested in political economy and socialist thought, this work remains a foundational text in the critique of capitalism.

About the Author

Described as one of the most influential figures in human history, Karl Marx was a German philosopher and economist who wrote extensively on the benefits of socialism and the flaws of free-market capitalism. His most notable works, Das Kapital and The Communist Manifesto (the latter of which was co-authored by his collaborator Friedrich Engels), have since become two of history s most important political and economic works. Marxismthe term that has come to define the philosophical school of thought encompassing Marx s ideas about society, politics and economicswas the foundation for the socialist movements of the twentieth century, including Leninism, Stalinism, Trotskyism, and Maoism. Despite the negative reputation associated with some of these movements and with Communism in general, Marx s view of a classless socialist society was a utopian one which did not include the possibility of dictatorship. Greatly influenced by the philosopher G. W. F. Hegel, Marx wrote in radical newspapers from his young adulthood, and can also be credited with founding the philosophy of dialectical materialism. Marx died in London in 1883 at the age of 64.