![]() ![]() The work also represents the depth to which Marx had developed his theories by the late 1840s. The theory of surplus value explained the poverty experienced by the working class. It would suggest that class rule of the bourgeoisie in capitalist society rests on the wage slavery of the workers. The lecture and newspaper articles were meant to be a "popular" presentation of the economic relations under capitalism and the material basis for class struggle. In 1893, an updated English translation from the 1891 German edition was published in London. The German edition was revised by Friedrich Engels in 1891 and published by Vorwärts after the Anti-Socialist Laws had lapsed the previous year. An 1885 pamphlet based on the newspaper articles was published in Hottingen-Zürich without Marx's knowledge and with a brief introduction by Engels. ![]() In 1885, a pamphlet version was first published as an English translation. In 1883, a Russian translation was published as a book and included an excerpt from Capital volume 1 in the appendix, chapter 23 on Historical Tendency of Capitalist Accumulation. It is commonly paired with Marx's 1865 speech Value, Price and Profit. It is widely considered the precursor to Marx’s influential treatise Das Kapital. ![]() " Wage Labour and Capital" (German: Lohnarbeit und Kapital) was an 1847 lecture by the critic of political economy and philosopher Karl Marx, first published as articles in the Neue Rheinische Zeitung in April 1849. ![]()
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