Das Kapital

Authors: Karl Marx

Key Ideas

1. Historical Materialism: Marx's theory that the function and development of society is determined by its material conditions and class struggle.

2. Capitalist Mode of Production: Marx's critique of capitalism as a system where the bourgeoisie (owners of the means of production) exploit the proletariat (workers) for profit.

3. Labor Theory of Value: Marx's concept that the value of a commodity is determined by the amount of labor required to produce it.

4. Surplus Value: Marx's argument that capitalist profits are derived from the exploitation of surplus labor by the capitalist.

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Quiz

1. According to Marx, what determines the function and development of society?

a) Religion

b) Material conditions and class struggle

c) Ideology

d) Government

2. What is the main criticism Marx levels at capitalism?

a) Inefficiency

b) Income inequality

c) Lack of technological progress

d) Environmental destruction

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