Karl Marx Theory of Surplus Value (Part-1) -in hindi

Karl Marx Theory of Surplus Value
Marx Theory of Surplus Value
Marxian Concept of Surplus Value

In Marxian theory, production means the generation of value. Thus economic development is the process of more value generating, labour generates value. But high level of production is possible through more and more capital accumulation and technological improvement.

The Marxian analysis is the greatest and the most penetrating examination of the process of economic development. He expected capitalistic change to break down because of sociological reasons and not due to economic stagnation and only after a very high degree of development is attained. His famous book ‘Das Kapital’ is known as the Bible of socialism (1867). He presented the process of growth and collapse of the capital economy.


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Karl Marx Theory Of Surplus Value

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