Publisher's Synopsis
Wage Labour and Capital is a book written by Karl Marx, originally published in 1849. The book is a collection of lectures that Marx gave in 1847, where he discusses the relationship between wage labor and capital in capitalist societies. Marx argues that capitalism is inherently exploitative, as workers are paid less than the value of the goods and services they produce, while capitalists earn a profit from this surplus value. He also argues that competition between capitalists leads to a concentration of wealth and power in the hands of a few, while workers are left with little control over their own lives. The book is a foundational text in Marxist economic theory and provides insight into the workings of capitalism and the exploitation of workers.The interests of the capitalist and those of the worker are, therefore, one and the same, assert the bourgeois and their economists. Indeed! The worker perishes if capital does not employ him. Capital perishes if it does not exploit labour power, and in order to exploit it, it must buy it. The faster capital intended for production, productive capital, increases, the more, therefore, industry prospers, the more the bourgeoisie enriches itself and the better business is, the more workers.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.