The windmill gives you society with the feudal lord; the steam mill, society with the industrial capitalist - Karl Marx
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The windmill gives you society with the feudal lord; the steam mill, society with the industrial capitalist
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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·
Portrait adapted from
Wikimedia Commons, John Jabez Edwin Mayall (Public domain / CC0)
Also Known As
Pen Names:
Glückskind
Alternative Names:
Karl Heinrich Marx
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Karl H. Marx
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Marx
What exclusively determines the magnitude of the value of any article is therefore the amount of labour socially necessary, or the labour-time socially necessary for its production.
On the other hand one must not entertain any fantastic illusions on the productive power of the credit system, so far as it supplies or sets in motion money-capital.
Reason has always existed, but not always in a rational form.
