By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the cl… - Friedrich Engels

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By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.

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About Friedrich Engels

(November 28, 1820 – August 5, 1895) was a 19th-century German philosopher, social scientist, and journalist. He created Marxist theory together with Karl Marx. In 1845, he published The Condition of the Working Class in England, based on personal observations and research in . In 1848, he co-authored The Communist Manifesto with Marx, and he also authored and co-authored (primarily with Marx) many other works. He later supported Marx financially to do research and write . After Marx's death, Engels edited the second and third volumes. Additionally, Engels organised Marx's notes on the , which he later published as the "fourth volume" of Capital.

Also Known As

Alternative Names: Frederick Engels

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Additional quotes by Friedrich Engels

The economist's “demand” is not the real demand; his “consumption” is an artificial consumption. For the economist, only that person really demands, only that person is a real consumer, who has an equivalent to offer for what he receives.

The bourgeoisie has gained a monopoly of all means of existence in the broadest sense of the word. What the proletarian needs, he can obtain only from this bourgeoisie, which is protected in its monopoly by the power of the state. The proletarian is, therefore, in law and in fact, the slave of the bourgeoisie, which can decree his life or death.

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Die Nachfrage des Ökonomen ist nicht die wirkliche Nachfrage, seine Konsumtion ist eine künstliche. Dem Ökonomen ist nur der ein wirklich Fragender, ein wirklicher Konsument, der für das, was er empfängt, ein Äquivalent zu bieten hat.

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