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Inhaltsangabe: This, in 1898 posthumously published, pamphlet was Marx?s response to an argument on trade union activity that took place at a meeting of the General Council of the International Working Men?s Association in 1865. Weston, a follower of Robert Owen, argued that wage increases did not benefit the workers immediately concerned, and, worse, also harmed workers in other sections of industry by causing price inflation. In the first five chapters of this pamphlet Marx easily demolishes the arguments of ?Citizen Weston?. This part of the pamphlet is now mainly of academic interest since most of Weston?s points were so crude that they are rarely heard today. From chapter VI on, however, Marx sets out in simple form his Labour Theory of Value; explains the source of rent, interest and profit and outlines both the usefulness and the limitations of trade union action. The labor theory of value is the economic theory of value which argues that the value of a commodity is related to the labor needed to produce or obtain that commodity. Presently the concept is most often associated with Marxian economics, although it appears as a foundation to earlier classical economic theorists such as Adam Smith and David Ricardo. However, Karl Marx never used the phrase "labor theory of value" to describe his theory of value, but instead made reference to a law of value.
The circumstances under which this paper was read are narrated at the beginning of the work. The paper was never pub Hshed during the Hfetime of Marx. It was found amongst his papers after the death of Engels. A mong many other characteristics of Marx, this paper shows two especially. These are his patient wilhngness to make the meaning of his ideas plain to the humblest student, and the extraordinary clearness of those ideas. In a partial sense the present volume is an epitome of the first volume of Capital. More than one of us have attempted to analyze and simplify that volume, with not too much success perhaps. In fact, a witty friend and commentator has suggested that what is now required is an explanation by Marx of our explanations of him.
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Buchbeschreibung George Allen & Unwin, London, 1971. Hardcover. Buchzustand: Very Good -. Zustand des Schutzumschlags: Good. 8vo - over 7¾ - 9¾" tall. xxxi, 886 pages; index. Blue cloth, red lettering. Ex-library, with the usual stamps etc.; top corner of front free endpaper cut off. Reprint of the 1946 reset reprint. NB All proceeds to the work of the OXFAM charity. Buchnummer des Verkäufers 022302
Buchbeschreibung George Allen & Unwin, 1951. Buchzustand: Poor. This book has hardback covers.Ex-library,With usual stamps and markings,In poor condition, suitable as a reading copy.No dust jacket. Buchnummer des Verkäufers 2954514
Buchbeschreibung George Allen & Unwin,, London, 1971. Hard Cover. Buchzustand: Very Good. No Jacket. Reprint. 886pp. Edges and final two pages browned, very good in hardback, no dustwrapper. Buchnummer des Verkäufers 36343