Wage-Labor and Capital (Lothrop)

For other English-language translations of this work, see Wage-Labor and Capital.

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Wage-Labor and Capital (1902)
by Karl Marx, translated by Harriet Eleanor Lothrop, Florence Kelley

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The translation of Free Trade was previously published. Introductions by Friedrich Engels. Part of the Arm and Hammer Series

Karl Marx4062698Wage-Labor and Capital1902Harriet Eleanor Lothrop, Florence Kelley

ARM AND HAMMER SERIES

Edited by Lucien Sanial

WAGE-LABOR AND CAPITAL

In every historical epoch, the prevailing mode of economic production and exchange, and the social organization necessarily following from it, form the basis upon which is built up, and from which alone can be explained, the political and intellectual history of that epoch. — Karl Marx.

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Wage-Labor and Capital

by

Karl Marx.

Author of "Capital," "Poverty of Philosophy," "Eighteenth Brumaire of Louis Bonaparte," "Value, Price, and Profit," etc.

With preface by

Frederick Engels

Translated by

Harriet E. Lothrop, M.D.

New York

New York Labor News Company

1902

page

Copyright, 1902

By New York Labor News Company

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Contents

Publishers’ Note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		3
Introduction by Frederick Engels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		7
Chapter
I.	Preliminary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	19
II.	What Are Wages? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	22
III.	By What is the Price of a Commodity Determined? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	27
IV.	By What are Wages Determined? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	33
V.	The Nature and Growth of Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	36
VI.	Relation of Wage-Labor to Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	39
VII.	The General Law that Determines the Rise and Fall of Wages and Profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	45
VIII.	The Interests of Capital and Wage-Labor are Diametrically Opposed—Effect of Growth of Productive Capital on Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	49
IX.	Effect of Capitalist Competition on the Capitalist Class, the Middle Class, and the Working Class . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	54

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Free Trade

An Address Delivered Before the Democratic Association of Brussels, Belgium, January 9, 1848.

By

Karl Marx

Translated by

Florence Kelley

With Preface by

Frederick Engels

Chapters (not listed in original)

This work is a translation and has a separate copyright status to the applicable copyright protections of the original content.

Original:

This work was published before January 1, 1929, and is in the public domain worldwide because the author died at least 100 years ago.

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Translation:

This work is in the public domain in the United States because it was published before January 1, 1929.

The longest-living author of this work died in 1932, so this work is in the public domain in countries and areas where the copyright term is the author's life plus 91 years or less. This work may be in the public domain in countries and areas with longer native copyright terms that apply the rule of the shorter term to foreign works.

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