One section of this text studies the transformation problem, the problem of the relationship between value and market prices. Another section of this text introduces the idea of "commodity fetishism." This work argues that people experience alienation when they do not own th
One section of this text studies the transformation problem, the problem of the relationship between value and market prices. Another section of this text introduces the idea of "commodity fetishism." This work argues that people experience alienation when they do not own the product of their work. This text argues that industry creates (*) profit by forcing workers to perform surplus labor, a theory called the "labor theory of value." For 10 points, name this economic text in three volumes, written by Friedrich Engels and Karl Marx.
One section of this text studies the transformation problem, the problem of the relationship between value and market prices.
{Das Kapital} [or {Capital}]