Dr. Marx and Dr. Engels views on Daily Wages and Capital



1. "Without works there is no finished products" - Engels

2. "Daily Wages means price for work" - Marx

3. There is a competition between sellers and buyers which fixes price for commodity
which is applicable to Work also.

4. Demand Vs Supply for commodity theory is extended to work.
More demand less supply increases the price for commodity
same way more workers less raw materials decreases the price for work.
and vice-versa.

5. Workers are concerned when they sold their work their relationship with commodity
they produce ends is one view and other views suggest the value-addition to commodity
is because of workers work.

Kindly
K.M.

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