Wage-Labour And Capital – Karl Marx


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“The values of commodities are directly as the times of labour employed in their production, and are inversely as the productive powers of the labour employed.?
– Karl Marx
In this book ?Wage- labour and Capital?, Marx has shown us what wages are (the pay for labourpower), discussed the effect of selling labourpower (alienation from the life-activity of the worker) and determined how the price of labour is decided: as the cost of the labour that went into producing the good, just like any other commodity. Marx is using a very important point that he develops fully in Capital: This is the labour theory of value.
Wage-Labour And Capital – Karl Marx


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