Karl Marx

"A commodity has a value because it is a crystallization of social labor. The greatness of its value, or its relative value, depends upon the greater or less amount of that social substance contained in it; that is to say, on the relative mass of labor necessary for its production."

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Source: Karl Marx (1913). “Value, Price and Profit”

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Karl Marx

Karl Marx

Philosopher, Economist

Karl Marx was a revolutionary thinker whose ideas on class struggle and capitalism, articulated in works like 'The Communist Manifesto', reshaped political theory.

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