Considering the optimistic turn taken by world trade <small>AT THIS MOMENT</small>…it is some consolation at least that the revolution has begun in R… - Karl Marx

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Considering the optimistic turn taken by world trade <small>AT THIS MOMENT</small>…it is some consolation at least that the revolution has begun in Russia, for I regard the convocation of 'notables' to Petersburg as such a beginning. … [O]n the Continent revolution is imminent and will, moreover, instantly assume a socialist character.

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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.

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Also Known As

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

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Additional quotes by Karl Marx

Each pursues his private interest and only his private interest; and thereby serves the private interests of all, the general interest, without willing it or knowing it. The real point is not that each individual's pursuit of his private interest promotes the totality of private interests, the general interest. One could just as well deduce from this abstract phrase that each individual reciprocally blocks the assertion of the others' interests, so that, instead of a general affirmation, this war of all against all produces a general negation.

Take the example of our spinner. We have seen that, to daily reproduce his labouring power, he must daily reproduce a value of three shillings, which he will do by working six hours daily. But this does not disable him from working ten or twelve or more hours a day. But by paying the daily or weekly value of the spinner's labouring power the capitalist has acquired the right of using that labouring power during the whole day or week. He will, therefore, make him work say, daily, twelve hours. Over and above the six hours required to replace his wages, or the value of his labouring power, he will, therefore, have to work six other hours, which I shall call hours of surplus labour, which surplus labour will realize itself in a surplus value and a surplus produce. If our spinner, for example, by his daily labour of six hours, added three shillings' value to the cotton, a value forming an exact equivalent to his wages, he will, in twelce hours, add six shillings' worth to the cotton, and produce a proportional surplus of yarn. As he has sold his labouring power to the capitalist, the whole value of produce created by him belongs to the capitalist, the owner pro tem. of his labouring power. By advancing three shillings, the capitalist will, therefore, realize a value of six shillings, because, advancing a value in which six hours of labour are crystallized. By repeating this same process daily, the capitalist will daily advance three shillings and daily pocket six shillings, one half of which will go to pay wages anew, and the other half of which will form surplus value, for which the capitalist pays no equivalent. It is this sort of exchange between capital and labour upon which capitalistic production, or the wages system, is founded, and which must constantly result in reproducing the working man as a working man, and the capitalist as a capitalist.

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In its historical and political applications far more significant and pregnant than Darwin. For certain questions, such as nationality, etc., only here has a basis in nature been found. E.g., he corrects the Pole Duchinski, whose version of the geological differences between Russia and the Western Slav lands he does incidentally confirm, by saying not that the Russians are Tartars rather than Slavs, etc., as the latter believes, but that on the surface-formation predominant in Russia the Slav has been tartarised and mongolised; likewise (he spent a long time in Africa) he shows that the common negro type is only a degeneration of a far higher one.

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