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In his monumental work, Das Kapital, Karl Marx (1818-1883) tried to show that capitalism was both inefficient and immoral. His key to explaining capitalism is his labor theory of value, which he developed from ideas of Adam Smith and David Ricardo. Marx argued that all profit, rent, and interest are surplus-value, obtained by paying workers less than the value of their products. He maintained that the living conditions of the workers always tend to deteriorate, that competition automatically creates monopoly, and that the business cycle demonstrates the wastefulness of capitalism.
Marx argued that all profit, rent, and interest are surplus-value, obtained by paying workers less than the value of their products. He maintained that the living conditions of the workers always tend to deteriorate, that competition automatically creates monopoly, and that the business cycle demonstrates the wastefulness of capitalism.
Though you may know David Ramsay Steele from the popular audiobook Karl Marx: Das Kapital, David Ramsay Steele is actually one of the most renowned Nonfiction authors in our catalog. In total, we carry 1 audiobook from David Ramsay Steele on AudioBookStore.com, with the latest Nonfiction title being: Karl Marx: Das Kapital. Karl Marx: Das Kapital was added to our catalog in 2006, making it the author's oldest audiobook available on our website, while Karl Marx: Das Kapital is the most popular and bestselling audiobook from David Ramsay Steele. Enjoy over 2 hours of audiobook listening from David Ramsay Steele, among the 1 audiobook we have available. With such a wide variety of audiobooks, we know you're sure to enjoy Nonfiction books from David Ramsay Steele. For more audiobooks and information on David Ramsay Steele, please visit their page on AudiobookStore.com: David Ramsay Steele audiobooks.
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