Unlimited exploitation of cheap labour-power is the sole foundation of their power to compete. - Karl Marx

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Unlimited exploitation of cheap labour-power is the sole foundation of their power to compete.

English
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About Karl Marx

Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.

Biography information from Wikiquote

Also Known As

Pen Names: Glückskind
Alternative Names: Karl Heinrich Marx Karl H. Marx Marx

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These numerous points at which money is withdrawn from circulation and accumulated in numerous individual hoards or potential money-capitals appears as so many obstacles to circulation, because they immobilise the money and deprive it of its capacity to circulate for a certain time.

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