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Wage-Labour and Capital

Gelesen von Carl Manchester

(4,605 Sterne; 100 Bewertungen)

Orignally written as a series of newspaper articles in 1847, Wage-Labour and Capital was intended to give an overview of Marx’s central threories regarding the economic relationships between workers and capitalists. These theories outlined include the Marxian form of the Labour Theory of Value, which distinguishes “labour” from “labour-power”, and the Theory of Concentration of Capital, which states that capitalism tends towards the creation of monopolies and the disenfranchisement of the middle and working classes. These theories were later elaborated in Volume 1 of Capital, published in 1867.

This edition of Wage-Labour and Capital, published in 1891, was edited and translated by Friedrich Engels, and remains one of the most widely read of Marx’s works. (Description by Carl Manchester).

(1 hr 42 min)


Introduction by Engels


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What Are Wages?


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By What is the Price of a Commodity Determined?


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By What are Wages Determined?


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The Nature and Growth of Capital


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Relation of Wage-Labour to Capital


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The General Law


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The Interests of Capital and Wage-Labour


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Effect of Capitalist Competition


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(5 Sterne)

I tried reading Capital, but I couldn't understand it without devoting time I did not have to give it my undivided attention. This explains Marx's detailed analysis of Capitalism very well and is relatively convincing and easy to understand.

(5 Sterne)

Excellent clear reading, and a good introduction into Karl Marx, especially if the jargon in Capital vol. 1 makes you crazy, this provides a good starter too it.


(5 Sterne)

This volume is an amazing analysis of the economic forces driving labor involved in period labor markets that is still completely applicable to this day.

An excellent introduction

(4 Sterne)

This is a clearly written introduction to Marx's more economicly focused ideas, and I highly recommend it.

very good!

(5 Sterne)

Carl Manchester is delightful! I had never heard of this book before, but it was fantastic!

Sound economic principles

(5 Sterne)

Fundemental concepts that every working person should learn about!

an excellent text and an excellent reader.

(5 Sterne)

(3 Sterne)

Sometimes uses 'obvious' jumps in logic to glaze over weaknesses while repeating the main concept ad nauseam. This can make a point seem stronger than it is. Otherwise it is an interesting discussion on economy of labor.