University of Houston Digital Library: Socialist and Communist Pamphlets: Wage labour and capital

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Wage labour and capital

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Marx, Karl, 1818-1883. Wage labour and capital - Image 32. 1932. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. September 29, 2020. https://digital.lib.uh.edu/collection/scpamp/item/4652/show/4631.

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Marx, Karl, 1818-1883. (1932). Wage labour and capital - Image 32. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/scpamp/item/4652/show/4631

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Marx, Karl, 1818-1883, Wage labour and capital - Image 32, 1932, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed September 29, 2020, https://digital.lib.uh.edu/collection/scpamp/item/4652/show/4631.

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Compound Item Description

Title	Wage labour and capital
Creator (LCNAF)	Marx, Karl, 1818-1883
Contributor (LCNAF)	Engels, Friedrich, 1820-1895
Publisher	International Publishers
Place of Creation (TGN)	New York, New York
Date	1932
Subject.Topical (LCSH)	Wages Capital
Genre (AAT)	pamphlets
Language	English
Type (DCMI)	Text
Original Item Extent	48 pages; 20 cm
Original Item Location	HB301.M3813 1932
Original Item URL	http://library.uh.edu/record=b8302360~S11
Original Collection	Socialist and Communist Pamphlets
Digital Collection	Socialist and Communist Pamphlets
Digital Collection URL	http://digital.lib.uh.edu/collection/scpamp
Repository	Special Collections, University of Houston Libraries
Repository URL	http://libraries.uh.edu/branches/special-collections
Use and Reproduction	In Copyright: This item is protected by copyright. Copyright to this resource is held by the creator or current rights holder, and the resource is provided here for educational purposes. It may not be reproduced or distributed in any format without permission of the copyright owner. Users assume full responsibility for any infringement of copyright or related rights.
Note	Translation of Lohnarbeit und Kapital.
File Name	index.cpd

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Item Description

Title	Image 32
Format (IMT)	image/jpeg
File Name	uhlib_2981922_031.jpg
Transcript	30 WAGE-LABOUR AND CAPITAL exchangeable for others are commodities. The definite propor tion in which they are exchangeable forms their exchange value or, expressed in money, their price. The quantity of these products can have no effect on their character as commodities, as representing an exchange value, as having a certain price. Whether a tree be large or small, it remains a tree. Whether we exchange iron in pennyweights or in hundredweights, foi other products, does this alter its character: its being a commodity, an exchange value? According to the quantity, it is a commodity of greater or of lesser value, of higher or of lower price. How then does a sum of commodities, of exchange values, become capital? Thereby, that as an independent social power, i.e., as the power of a part of society, it preserves itself and multiplies by exchange with direct, living labour-power. The existence of a class which possesses nothing but the ability to work is a necessary presupposition of capital. It is only the dominion of past, accumulated, materialised labour over immediate living labour that stamps the accumulated labour with the character of capital. Capital does not consist in the fact that accumulated labour serves living labour as a means for new production. It consists in the fact that living labour serves accumulated labour as the means of preserving and multiplying its exchange value. W an lal m la P1 a i i