Surplus value is exactly equal to surplus labour; the increase of the one [is] exactly measured by the diminution of necessary labour. - Karl Marx
" "Surplus value is exactly equal to surplus labour; the increase of the one [is] exactly measured by the diminution of necessary labour.
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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
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
Society is undergoing a silent revolution, which must be submitted to, and which takes no more notice of the human existences it breaks down than an earthquake regards the houses it subverts. The classes and the races, too weak to master the new conditions of life, must give way. But can there be anything more puerile, more short-sighted, than the views of those Economists who believe in all earnest that this woeful transitory state means nothing but adapting society to the acquisitive propensities of capitalists, both landlords and money-lords?
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