Karl Marx, Das Kapital (1867), Volume I, Ch. 15, Section 8, pg. 520.
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Unlimited exploitation of cheap labour-power is the sole foundation of their power to compete.
— Karl Marx on Labor power
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Unlimited exploitation of cheap labour-power is the sole foundation of their power to compete." in the context of "Karl Marx, Das Kapital (1867), Volume I, Ch. 15, Section 8, pg. 520." to mean that wisdom is timeless.
Source: Wikiquote: "Labor power" (Quotes)
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About Karl Marx
Karl Heinrich Marx (5 May 1818 – 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 – 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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