In the book Value, Price and Profit (1898), Karl Marx argues against the theory of John Weston that a rise in the rate of wages would be of no use to the workers. Marx statesthat there are no economic laws governing the value of commodities as represented by thesocial relationship of wages and price.
This Graphyco edition includes historical and biographical footnotes.Those notes have the goal to make the book easier to understand.
Karl Heinrich Marx (1818-1883) was a German philosopher and socialist revolutionaryborn in Trier, German Confederation. Due to his political publications Marx moved with hiswife and children to live in exile in London, where the continued his theoretical work withFriedrich Engels. He is best known for co-authoring The Communist Manifesto with Engels.
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