Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity. - Karl Marx

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Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity.

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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

Centralization of the means of production and socialization of labor at last reach a point where they become incompatible with their capitalist integument.

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A spider conducts operations that resemble those of a weaver, and a bee puts to shame many an architect in the construction of her cells. But what distinguishes the worst of architects from the best of bees is this, that the architect raises his structure in imagination before he erects it in reality.

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