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"'''Wage Labour and Capital'''" (German: ''Lohnarbeit und Kapital'') was an 1847 lecture by the [[Critique of political economy|critic of political economy]] and [[philosopher]] [[Karl Marx]], first published as articles in the ''[[Neue Rheinische Zeitung]]'' in April 1849.<ref name="mesw1968">{{cite book |last1=Marx |first1=Karl |last2=Engels |first2=Friedrich |contribution=Introduction to Wage Labour and Capital by Friedrich Engels |title=Marx Engels: Selected Works |year=1968 |publisher=International Publishers |location=New York |page=64}}</ref> It is widely considered the precursor to Marx’s influential [[treatise]] ''[[Das Kapital]]''.<ref>{{Cite book|last1=Marx|first1=Karl|title=The Marx-Engels Reader|last2=Engels|first2=Friedrich|publisher=W. W. Norton & Company|year=1978|isbn=978-0-393-09040-6|editor-last=Tucker|editor-first=Robert C.|edition=2nd|location=London|pages=203|quote=It may be said that what Marx produced in the lectures of late 1847 was the future argument of ''Capital'' in embryo.}}</ref> It is commonly paired with Marx's 1865 speech ''[[Value, Price and Profit]]''. In 1883, a Russian translation was published as a book and included an excerpt from ''Capital'' volume 1 in the appendix, chapter 23 on ''Historical Tendency of Capitalist Accumulation''.<ref>{{cite book |last1=Маркса |first1=Карла |title=Наемный труд и капитал |date=1883 |publisher=Вольная Русская ТипогрАФІЯ |location=ЖЕНЕВА}}</ref> In 1885, a pamphlet version was first published as an English translation.<ref>{{cite book |last1=Marx |first1=Karl |title=Wage-Labour and Capital |date=1885 |publisher=The Modern Press |location=London |translator-last1=Joynes |translator-first1=J. L.}}</ref> An 1885 pamphlet based on the newspaper articles was published in [[Hottingen (Zürich)|Hottingen-Zürich]] without Marx's knowledge and with a brief introduction by [[Friedrich Engels]].<ref name="mesw1968"/> The German edition was revised by Engels in 1891 and published by [[Vorwärts]] after the [[Anti-Socialist Laws]] had lapsed the previous year.<ref>{{cite book |last1=Marx |first1=Karl |title=Lohnarbeit und Kapital |date=1891 |publisher=Verlag der Expedition des Vorwärts |location=Berlin}}</ref> In 1893, an updated English translation from the 1891 German edition was published in London.<ref>{{cite book |last1=Marx |first1=Karl |title=Wage-Labour and Capital |date=1893 |edition=New |publisher=Twentieth Century Press |location=London |translator-last1=Joynes |translator-first1=J. L.}}</ref> |
"'''Wage Labour and Capital'''" (German: ''Lohnarbeit und Kapital'') was an 1847 lecture by the [[Critique of political economy|critic of political economy]] and [[philosopher]] [[Karl Marx]], first published as articles in the ''[[Neue Rheinische Zeitung]]'' in April 1849.<ref name="mesw1968">{{cite book |last1=Marx |first1=Karl |last2=Engels |first2=Friedrich |contribution=Introduction to Wage Labour and Capital by Friedrich Engels |title=Marx Engels: Selected Works |year=1968 |publisher=International Publishers |location=New York |page=64}}</ref> It is widely considered the precursor to Marx’s influential [[treatise]] ''[[Das Kapital]]''.<ref>{{Cite book|last1=Marx|first1=Karl|title=The Marx-Engels Reader|last2=Engels|first2=Friedrich|publisher=W. W. Norton & Company|year=1978|isbn=978-0-393-09040-6|editor-last=Tucker|editor-first=Robert C.|edition=2nd|location=London|pages=203|quote=It may be said that what Marx produced in the lectures of late 1847 was the future argument of ''Capital'' in embryo.}}</ref> It is commonly paired with Marx's 1865 speech ''[[Value, Price and Profit]]''. In 1883, a Russian translation was published as a book and included an excerpt from ''Capital'' volume 1 in the appendix, chapter 23 on ''Historical Tendency of Capitalist Accumulation''.<ref>{{cite book |last1=Маркса |first1=Карла |title=Наемный труд и капитал |date=1883 |publisher=Вольная Русская ТипогрАФІЯ |location=ЖЕНЕВА}}</ref> In 1885, a pamphlet version was first published as an English translation.<ref>{{cite book |last1=Marx |first1=Karl |title=Wage-Labour and Capital |date=1885 |publisher=The Modern Press |location=London |translator-last1=Joynes |translator-first1=J. L.}}</ref> An 1885 pamphlet based on the newspaper articles was published in [[Hottingen (Zürich)|Hottingen-Zürich]] without Marx's knowledge and with a brief introduction by [[Friedrich Engels]].<ref name="mesw1968"/> The German edition was revised by Engels in 1891 and published by [[Vorwärts]] after the [[Anti-Socialist Laws]] had lapsed the previous year.<ref>{{cite book |last1=Marx |first1=Karl |title=Lohnarbeit und Kapital |date=1891 |publisher=Verlag der Expedition des Vorwärts |location=Berlin}}</ref> In 1893, an updated English translation from the 1891 German edition was published in London.<ref>{{cite book |last1=Marx |first1=Karl |title=Wage-Labour and Capital |date=1893 |edition=New |publisher=Twentieth Century Press |location=London |translator-last1=Joynes |translator-first1=J. L.}}</ref> |
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== Summary == |
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The lecture and newspaper articles were meant to be a "popular" presentation of the economic relations under capitalism and the [[Materialist conception of history|material]] basis for class struggle. It would suggest that class rule of the [[bourgeoisie]] in capitalist society rests on the [[wage slavery]] of the workers. The theory of [[surplus value]] explained the poverty experienced by the working class.<ref>{{cite book |last1=Marx |first1=Karl |last2=Engels |first2=Friedrich |contribution=Notes |title=Marx Engels: Selected Works |year=1968 |publisher=International Publishers |location=New York |page=541}}</ref> The work also represents the depth to which Marx had developed his theories by the late 1840s. It is an early theoretical formulation of Marxism, but did suggest [[alienated labor]] as a condition of accumulating labor in to capital through the [[Capitalist mode of production (Marxist theory)|capitalist mode of production]]. Marx suggested capitalism was a transitional historical period that would eventually lead to the [[proletarian revolution]].<ref>{{cite book |author-last1=Pospelova |author-first1=Velta |editor-last1=Golman |editor-first1=Lev |contribution=Preface |title=Karl Marx Frederick Engels: Collected Works |year=1977 |publisher=International Publishers |location=New York |volume=9 |page=XVIII-XIX}}</ref> |
The lecture and newspaper articles were meant to be a "popular" presentation of the economic relations under capitalism and the [[Materialist conception of history|material]] basis for class struggle. It would suggest that class rule of the [[bourgeoisie]] in capitalist society rests on the [[wage slavery]] of the workers. The theory of [[surplus value]] explained the poverty experienced by the working class.<ref>{{cite book |last1=Marx |first1=Karl |last2=Engels |first2=Friedrich |contribution=Notes |title=Marx Engels: Selected Works |year=1968 |publisher=International Publishers |location=New York |page=541}}</ref> The work also represents the depth to which Marx had developed his theories by the late 1840s. It is an early theoretical formulation of Marxism, but did suggest [[alienated labor]] as a condition of accumulating labor in to capital through the [[Capitalist mode of production (Marxist theory)|capitalist mode of production]]. Marx suggested capitalism was a transitional historical period that would eventually lead to the [[proletarian revolution]].<ref>{{cite book |author-last1=Pospelova |author-first1=Velta |editor-last1=Golman |editor-first1=Lev |contribution=Preface |title=Karl Marx Frederick Engels: Collected Works |year=1977 |publisher=International Publishers |location=New York |volume=9 |page=XVIII-XIX}}</ref> |
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"Wage Labour and Capital" (German: Lohnarbeit und Kapital) was an 1847 lecture by the critic of political economy and philosopher Karl Marx, first published as articles in the Neue Rheinische Zeitung in April 1849.[1] It is widely considered the precursor to Marx’s influential treatise Das Kapital.[2] It is commonly paired with Marx's 1865 speech Value, Price and Profit. In 1883, a Russian translation was published as a book and included an excerpt from Capital volume 1 in the appendix, chapter 23 on Historical Tendency of Capitalist Accumulation.[3] In 1885, a pamphlet version was first published as an English translation.[4] An 1885 pamphlet based on the newspaper articles was published in Hottingen-Zürich without Marx's knowledge and with a brief introduction by Friedrich Engels.[1] The German edition was revised by Engels in 1891 and published by Vorwärts after the Anti-Socialist Laws had lapsed the previous year.[5] In 1893, an updated English translation from the 1891 German edition was published in London.[6]
Summary
The lecture and newspaper articles were meant to be a "popular" presentation of the economic relations under capitalism and the material basis for class struggle. It would suggest that class rule of the bourgeoisie in capitalist society rests on the wage slavery of the workers. The theory of surplus value explained the poverty experienced by the working class.[7] The work also represents the depth to which Marx had developed his theories by the late 1840s. It is an early theoretical formulation of Marxism, but did suggest alienated labor as a condition of accumulating labor in to capital through the capitalist mode of production. Marx suggested capitalism was a transitional historical period that would eventually lead to the proletarian revolution.[8]
Main topics examined in the essay include labour power, labour, and how labour power becomes a commodity. The labour theory of value is introduced, which distinguishes between labour and labour power. The essay defines the term commodity and explores how the economic principles of supply and demand affect the pricing of certain commodities. Beyond that, the essay explores how capital and capitalism do not service any purpose other than to gain more of it, which Marx presents as an illogical method of living one's life.
References
- ^ a b Marx, Karl; Engels, Friedrich (1968). "Introduction to Wage Labour and Capital by Friedrich Engels". Marx Engels: Selected Works. New York: International Publishers. p. 64.
- ^ Marx, Karl; Engels, Friedrich (1978). Tucker, Robert C. (ed.). The Marx-Engels Reader (2nd ed.). London: W. W. Norton & Company. p. 203. ISBN 978-0-393-09040-6.
It may be said that what Marx produced in the lectures of late 1847 was the future argument of Capital in embryo.
- ^ Маркса, Карла (1883). Наемный труд и капитал. ЖЕНЕВА: Вольная Русская ТипогрАФІЯ.
- ^ Marx, Karl (1885). Wage-Labour and Capital. Translated by Joynes, J. L. London: The Modern Press.
- ^ Marx, Karl (1891). Lohnarbeit und Kapital. Berlin: Verlag der Expedition des Vorwärts.
- ^ Marx, Karl (1893). Wage-Labour and Capital. Translated by Joynes, J. L. (New ed.). London: Twentieth Century Press.
- ^ Marx, Karl; Engels, Friedrich (1968). "Notes". Marx Engels: Selected Works. New York: International Publishers. p. 541.
- ^ Pospelova, Velta (1977). "Preface". In Golman, Lev (ed.). Karl Marx Frederick Engels: Collected Works. Vol. 9. New York: International Publishers. p. XVIII-XIX.
External links
Wikisource has original text related to this article:
- Wage Labour and Capital at the Marxists Internet Archive
Wage-Labour and Capital public domain audiobook at LibriVox
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