FTP, what is this work of economics by Karl Marx?
The fourth section of chapter one concerns the "fetishism of commodities and the secret thereof", while chapter four provides a "general formula" for the titular subject while analyzing what the author designates as the C-M-C and M-C-M forms of circulation, the latter representing the desire to accumulate money for its own sake. Putting forth a controversial theory of commodity value in which a commodity is said to be worth the labor that went into it, the author then uses this theory to claim that employers can pay laborers less than the value of their labor since the employers control the "means of production". FTP, what is this work of economics by Karl Marx?
The fourth section of chapter one concerns the "fetishism of commodities and the secret thereof", while chapter four provides a "general formula" for the titular subject while analyzing what the author designates as the C-M-C and M-C-M forms of circulation, the latter representing the desire to accumulate money for its own sake.
Das Kapital