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What exclusively determines the magnitude of the value of any article is therefore the amount of labour socially necessary, or the labour-time social… - Karl 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.
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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
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Karl H. Marx
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Marx
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Additional quotes by Karl Marx
Let us pass on to Prussia. Formerly a vassal of Poland, it grew to be a first-rate power only under the auspices of Russia and through the partition of Poland. If Prussia should lose its Polish prey tomorrow, it would sink back into Germany instead of absorbing it. In order to maintain itself as a power distinct from Germany it must lean for support on the Muscovite. Its recent increase of power, far from relaxing the bonds, has made them indissoluble. Besides this increase of power has increased Prussia’s antagonism with France and Austria. At the same time Russia is the pillar on which the arbitrary rule of the Hohenzollern dynasty and its feudal tenants rests. It is its safeguard against popular disaffection. Consequently Prussia is not a bulwark against Russia, but its predestined instrument for the invasion of France and the digestion of Germany.
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