22.01.2022

    Two hundred years since Karl Marx was born and 170 years since his most famous work, The Communist Manifesto, was published, Eddie McCabe looks at Marx’s theory of class struggle and assesses its relevance for today. First published on the website of Socialist Party Ireland, the sister organisation of NEDA in Ireland. Without the labour power of workers, capitalists can’t make profits. The system can’t function. Of all the things a capitalist can buy to build their business, only labour power adds value; meaning the business can produce something worth more than the original cost of the components that went into the finished product. The time, thought and energy applied by workers in the production process – whose efforts are only partially compensated by the employer who keeps the output – is the ultimate source of profit (or surplus...
01/06/18 11:11

ΛΕΞΕΙΣ ΚΛΕΙΔΙΑ

Karl Marx’s theory of class struggle: the working class & revolution

Two hundred years since Karl Marx was born and 170 years since his most famous work, The Communist Manifesto, was published, Eddie McCabe looks at Marx’s theory of class struggle and assesses its relevance for today. First published on the website of Socialist Party Ireland,...

nedacy.wordpress.com ·

Karl Marx’s theory of class struggle: the working class & revolution

nedacy.wordpress.com

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