Value, Price, and Profit
By Karl Marx
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About this ebook
Value, Price and Profit was a speech given to the First International Working Men's Association in June in 1865 by Karl Marx. It was written between the end of May and June 27 in 1865, and was published in 1898. Those wanted to avoid reading the entirety of Capital Volume 1 will find an excellent introduction to Marx
Karl Marx
Karl Marx (1818-1883) was a German philosopher, historian, political theorist, journalist and revolutionary socialist. Born in Prussia, he received his doctorate in philosophy at the University of Jena in Germany and became an ardent follower of German philosopher Georg Wilhelm Friedrich Hegel. Marx was already producing political and social philosophic works when he met Friedrich Engels in Paris in 1844. The two became lifelong colleagues and soon collaborated on "The Communist Manifesto," which they published in London in 1848. Expelled from Belgium and Germany, Marx moved to London in 1849 where he continued organizing workers and produced (among other works) the foundational political document Das Kapital. A hugely influential and important political philosopher and social theorist, Marx died stateless in 1883 and was buried in Highgate Cemetery in London.
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