Notebook III, The Chapter on Capital, p. 271.
β
Capitals accumulate faster than the population; thus wages; thus population; thus grain prices; thus the difficulty of production and hence the exchange values.
— Karl Marx
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Capitals accumulate faster than the population; thus wages; thus population; thus grain prices; thus the difficulty of production and hence the exchange values." in the context of "Notebook III, The Chapter on Capital, p. 271." to mean that wisdom is timeless.
Source: Wikiquote: "Karl Marx" (Quotes: Sorted chronologically, Grundrisse (1857-1858): Grundrisse der Kritik der politischen Γkonomie/Rohentwurf [A Contribution to the Critique of Political Economy] (1857/58) )
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About Karl Marx
Karl Heinrich Marx (5 May 1818 β 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.
About Karl Marx
Karl Heinrich Marx (5 May 1818 β 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.
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