Translation of The Commodity the original chapter 1 of the first edition of Das Kapital. The complete text online of Marx's Magnum Opus, Capital: a critique of political economy, a devastating ...

There are two types of mathematical economists, one who applies existing mathematics to economic problems (the best example is Court) and the other who anticipates new mathematical problems within ...

Discover how the labor theory of value explains the pricing of goods based on labor input and its historical importance in ...

One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...

In order to clarify a conceptual point in Marx's terminology, two basic methods of surplus value production will be dealt with. The problem is, what category does surplus value production, derived ...

The argument unfolding today in the United States between free traders and protectionists is nothing new, in kind or intensity. Long before President Trump called for tariffs to halt the departure of ...