The working class and the capitalist economy - World Socialist Web Site
▻https://www.wsws.org/en/articles/2018/02/05/pers-f05.html
The working class and the capitalist economy
5 February 2018
Ever since the publication by Karl Marx of his masterwork Das Kapital 150 years ago, bourgeois economists have sought to refute his labour theory of value, which disclosed the inner workings of the capitalist economy.
This theory demonstrated that the wealth accruing to the capitalist class, in its various forms as industrial profit, rent and gains from operations in a range of financial markets, was ultimately derived from the surplus value extracted from the working class through the wages system, the foundational social relation of capitalism.
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