Karl Marx and the close of his system, a criticism
- Eugen von Böhm-Bawerk (author)
- Alice M. Macdonald (translator)
A translation of Böhm-Bawerk’s devastating review of Karl Marx’s Das Kapital vol. 3 which had been published posthumously in 1894 by Engels.
An HTML version of the text can be found here. The German language original can be found here in HTML and PDF.
Key Quotes
Socialism & Interventionism
Now Marx’s hypothesis assumes that the prices of the commodities I and II are determined exactly in proportion to the amounts of labor expended in their production, so that the product of six years’ work in commodity I only brings as much as the total produce of six years’ work in commodity II. And…