Wage-Labor and Capital

Wage-Labor and Capital by Karl Marx, translated by Frederick Engels

Introduction→

Wage-Labor and Capital is an essay on economics by Karl Marx, written in 1847. This book has been widely acclaimed as the precursor to Marx’s masterpiece Das Kapital. The ideas that are expressed in the book have a very thorough economic contemplation about them as he put aside some of his materialist conceptions of history for the time being. This book did, however, start to show an increased scientific rationale on his ideas of "alienated labor," which in Marx’s perspective would eventually lead to the proletarian revolution. — Excerpted from Wage-Labor and Capital on Wikipedia, the free encyclopedia.

Table of contents

• Introduction
• Preliminary
• What are wages?
• By what is the price of a commodity determined?
• By what are wages determined?
• The nature and growth of capital
• Relation of wage-labor to capital
• The general law that determines the rise and fall of wages and profit
• The interests of capital and wage-labor are diametrically opposed
• Effect of capitalist competition on the capitalist class, middle class and working class

This work published before January 1, 1923 is in the public domain worldwide because the author died at least 100 years ago.