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Capital (Marxism)
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Capital (Marxism)
Capital is a central concept in Marxian critique of political economy, and in Marxian thought more generally.
Marxists view capital as a social relation reproduced by the continuous expenditure of wage labour. Labour and capital are viewed as historically specific[clarification needed] forms of social relations.
Marx stated that "Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks."
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Capital (Marxism)
Capital is a central concept in Marxian critique of political economy, and in Marxian thought more generally.
Marxists view capital as a social relation reproduced by the continuous expenditure of wage labour. Labour and capital are viewed as historically specific[clarification needed] forms of social relations.
Marx stated that "Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks."
Key figures: