Wage-Labour and Capital - Karl Marx

"Wage-Labour and Capital," originally penned as a series of newspaper articles in 1847, provides a concise overview of Karl Marx's pivotal theories concerning the economic dynamics between workers and capitalists. Central to these theories is the Labour Theory of Value, which differentiates between "labour" and "labour-power," alongside the Theory of Concentration of Capital, which posits that capitalism inherently leads to monopolies and the erosion of the middle and working classes. This 1891 edition, edited and translated by Friedrich Engels, remains a significant work that resonates with contemporary discussions about economic inequality and the power dynamics within capitalism.