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Available in 36 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-36" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">36 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ang mw-list-item"><a href="https://ang.wikipedia.org/wiki/Marces%C4%A1ieldend_wealhsp%C4%93d" title="Marcesġieldend wealhspēd – Old English" lang="ang" hreflang="ang" data-title="Marcesġieldend wealhspēd" data-language-autonym="Ænglisc" data-language-local-name="Old English" class="interlanguage-link-target"><span>Ænglisc</span></a></li><li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF_%D9%85%D8%A7%D8%B1%D9%83%D8%B3%D9%8A" title="اقتصاد ماركسي – Arabic" lang="ar" hreflang="ar" data-title="اقتصاد ماركسي" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/Marksist_m%C9%99kt%C9%99b" title="Marksist məktəb – Azerbaijani" lang="az" hreflang="az" data-title="Marksist məktəb" data-language-autonym="Azərbaycanca" data-language-local-name="Azerbaijani" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%9C%D0%B0%D1%80%D0%BA%D1%81%D0%B8%D1%81%D1%82%D0%BA%D0%B0_%D0%B8%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D0%B8%D1%87%D0%B5%D1%81%D0%BA%D0%B0_%D1%82%D0%B5%D0%BE%D1%80%D0%B8%D1%8F" title="Марксистка икономическа теория – Bulgarian" lang="bg" hreflang="bg" data-title="Марксистка икономическа теория" data-language-autonym="Български" data-language-local-name="Bulgarian" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Economia_marxista" title="Economia marxista – Catalan" lang="ca" hreflang="ca" data-title="Economia marxista" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Marxistick%C3%A1_ekonomie" title="Marxistická ekonomie – Czech" lang="cs" hreflang="cs" data-title="Marxistická ekonomie" data-language-autonym="Čeština" data-language-local-name="Czech" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Marxistisk_%C3%B8konomi" title="Marxistisk økonomi – Danish" lang="da" hreflang="da" data-title="Marxistisk økonomi" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Marxistische_Wirtschaftstheorie" title="Marxistische Wirtschaftstheorie – German" lang="de" hreflang="de" data-title="Marxistische Wirtschaftstheorie" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-en mw-list-item"><a href="https://en.wikipedia.org/wiki/Marxian_economics" title="Marxian economics – English" lang="en" hreflang="en" data-title="Marxian economics" data-language-autonym="English" data-language-local-name="English" class="interlanguage-link-target"><span>English</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Econom%C3%ADa_marxista" title="Economía marxista – Spanish" lang="es" hreflang="es" data-title="Economía marxista" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Ekonomia_marxista" title="Ekonomia marxista – Basque" lang="eu" hreflang="eu" data-title="Ekonomia marxista" data-language-autonym="Euskara" data-language-local-name="Basque" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF_%D9%85%D8%A7%D8%B1%DA%A9%D8%B3%DB%8C" title="اقتصاد مارکسی – Persian" lang="fa" hreflang="fa" data-title="اقتصاد مارکسی" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/%C3%89conomie_marxiste" title="Économie marxiste – French" lang="fr" hreflang="fr" data-title="Économie marxiste" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-gl mw-list-item"><a href="https://gl.wikipedia.org/wiki/Econom%C3%ADa_marxista" title="Economía marxista – Galician" lang="gl" hreflang="gl" data-title="Economía marxista" data-language-autonym="Galego" data-language-local-name="Galician" class="interlanguage-link-target"><span>Galego</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EB%A7%88%EB%A5%B4%ED%81%AC%EC%8A%A4%EC%A3%BC%EC%9D%98_%EA%B2%BD%EC%A0%9C%ED%95%99" title="마르크스주의 경제학 – Korean" lang="ko" hreflang="ko" data-title="마르크스주의 경제학" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Ekonomi_Marxian" title="Ekonomi Marxian – Indonesian" lang="id" hreflang="id" data-title="Ekonomi Marxian" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/Marxista_k%C3%B6zgazdas%C3%A1gtan" title="Marxista közgazdaságtan – Hungarian" lang="hu" hreflang="hu" data-title="Marxista közgazdaságtan" data-language-autonym="Magyar" data-language-local-name="Hungarian" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-ml mw-list-item"><a href="https://ml.wikipedia.org/wiki/%E0%B4%AE%E0%B4%BE%E0%B5%BC%E0%B4%95%E0%B5%8D%E0%B4%B8%E0%B4%BF%E0%B4%AF%E0%B5%BB_%E0%B4%B8%E0%B4%BE%E0%B4%AE%E0%B5%8D%E0%B4%AA%E0%B4%A4%E0%B5%8D%E0%B4%A4%E0%B4%BF%E0%B4%95_%E0%B4%B5%E0%B5%80%E0%B4%95%E0%B5%8D%E0%B4%B7%E0%B4%A3%E0%B4%82" title="മാർക്സിയൻ സാമ്പത്തിക വീക്ഷണം – Malayalam" lang="ml" hreflang="ml" data-title="മാർക്സിയൻ സാമ്പത്തിക വീക്ഷണം" data-language-autonym="മലയാളം" data-language-local-name="Malayalam" class="interlanguage-link-target"><span>മലയാളം</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Marxistische_economie" title="Marxistische economie – Dutch" lang="nl" hreflang="nl" data-title="Marxistische economie" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%9E%E3%83%AB%E3%82%AF%E3%82%B9%E7%B5%8C%E6%B8%88%E5%AD%A6" title="マルクス経済学 – Japanese" lang="ja" hreflang="ja" data-title="マルクス経済学" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%AE%E0%A8%BE%E0%A8%B0%E0%A8%95%E0%A8%B8%E0%A9%80_%E0%A8%85%E0%A8%B0%E0%A8%A5%E0%A8%B8%E0%A8%BC%E0%A8%BE%E0%A8%B8%E0%A8%A4%E0%A8%B0" title="ਮਾਰਕਸੀ ਅਰਥਸ਼ਾਸਤਰ – Punjabi" lang="pa" hreflang="pa" data-title="ਮਾਰਕਸੀ ਅਰਥਸ਼ਾਸਤਰ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="Punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Ekonomia_marksistowska" title="Ekonomia marksistowska – Polish" lang="pl" hreflang="pl" data-title="Ekonomia marksistowska" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Economia_marxiana" title="Economia marxiana – Portuguese" lang="pt" hreflang="pt" data-title="Economia marxiana" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%9C%D0%B0%D1%80%D0%BA%D1%81%D0%B8%D1%81%D1%82%D1%81%D0%BA%D0%B0%D1%8F_%D0%BF%D0%BE%D0%BB%D0%B8%D1%82%D0%B8%D1%87%D0%B5%D1%81%D0%BA%D0%B0%D1%8F_%D1%8D%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D0%B8%D1%8F" title="Марксистская политическая экономия – Russian" lang="ru" hreflang="ru" data-title="Марксистская политическая экономия" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/Marxistick%C3%A1_ekon%C3%B3mia" title="Marxistická ekonómia – Slovak" lang="sk" hreflang="sk" data-title="Marxistická ekonómia" data-language-autonym="Slovenčina" data-language-local-name="Slovak" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-sl mw-list-item"><a href="https://sl.wikipedia.org/wiki/Marksisti%C4%8Dna_politi%C4%8Dna_ekonomija" title="Marksistična politična ekonomija – Slovenian" lang="sl" hreflang="sl" data-title="Marksistična politična ekonomija" data-language-autonym="Slovenščina" data-language-local-name="Slovenian" class="interlanguage-link-target"><span>Slovenščina</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%9C%D0%B0%D1%80%D0%BA%D1%81%D0%B8%D1%81%D1%82%D0%B8%D1%87%D0%BA%D0%B0_%D0%B5%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D0%B8%D1%98%D0%B0" title="Марксистичка економија – Serbian" lang="sr" hreflang="sr" data-title="Марксистичка економија" data-language-autonym="Српски / srpski" data-language-local-name="Serbian" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Marxilainen_taloustiede" title="Marxilainen taloustiede – Finnish" lang="fi" hreflang="fi" data-title="Marxilainen taloustiede" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Marxistisk_ekonomi" title="Marxistisk ekonomi – Swedish" lang="sv" hreflang="sv" data-title="Marxistisk ekonomi" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%AE%E0%AE%BE%E0%AE%B0%E0%AF%8D%E0%AE%95%E0%AF%8D%E0%AE%9A%E0%AE%BF%E0%AE%AF%E0%AE%AA%E0%AF%8D_%E0%AE%AA%E0%AF%8A%E0%AE%B0%E0%AF%81%E0%AE%B3%E0%AE%BF%E0%AE%AF%E0%AE%B2%E0%AF%8D" title="மார்க்சியப் பொருளியல் – Tamil" lang="ta" hreflang="ta" data-title="மார்க்சியப் பொருளியல்" data-language-autonym="தமிழ்" data-language-local-name="Tamil" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-th mw-list-item"><a href="https://th.wikipedia.org/wiki/%E0%B9%80%E0%B8%A8%E0%B8%A3%E0%B8%A9%E0%B8%90%E0%B8%A8%E0%B8%B2%E0%B8%AA%E0%B8%95%E0%B8%A3%E0%B9%8C%E0%B8%AA%E0%B8%B3%E0%B8%99%E0%B8%B1%E0%B8%81%E0%B8%A1%E0%B8%B2%E0%B8%84%E0%B8%AA%E0%B9%8C" title="เศรษฐศาสตร์สำนักมาคส์ – Thai" lang="th" hreflang="th" data-title="เศรษฐศาสตร์สำนักมาคส์" data-language-autonym="ไทย" data-language-local-name="Thai" class="interlanguage-link-target"><span>ไทย</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Marksist_ekonomi" title="Marksist ekonomi – Turkish" lang="tr" hreflang="tr" data-title="Marksist ekonomi" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-tk mw-list-item"><a href="https://tk.wikipedia.org/wiki/Absol%C3%BDut_go%C5%9Fma%C3%A7a_gymmat" title="Absolýut goşmaça gymmat – Turkmen" lang="tk" hreflang="tk" data-title="Absolýut goşmaça gymmat" data-language-autonym="Türkmençe" data-language-local-name="Turkmen" class="interlanguage-link-target"><span>Türkmençe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%9C%D0%B0%D1%80%D0%BA%D1%81%D0%B8%D1%81%D1%82%D1%81%D1%8C%D0%BA%D0%B0_%D0%BF%D0%BE%D0%BB%D1%96%D1%82%D0%B8%D1%87%D0%BD%D0%B0_%D0%B5%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D1%96%D1%8F" title="Марксистська політична економія – Ukrainian" lang="uk" hreflang="uk" data-title="Марксистська політична економія" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/Kinh_t%E1%BA%BF_ch%C3%ADnh_tr%E1%BB%8B_Marx-Lenin" title="Kinh tế chính trị Marx-Lenin – Vietnamese" lang="vi" hreflang="vi" data-title="Kinh tế chính trị Marx-Lenin" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E9%A9%AC%E5%85%8B%E6%80%9D%E4%B8%BB%E4%B9%89%E6%94%BF%E6%B2%BB%E7%BB%8F%E6%B5%8E%E5%AD%A6" title="马克思主义政治经济学 – Chinese" lang="zh" hreflang="zh" data-title="马克思主义政治经济学" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div 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data-mw-deduplicate="TemplateStyles:r8538344">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+style+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+link+.ambox{margin-top:-1px}html body.mediawiki .mw-parser-output .ambox.mbox-small-left{margin:4px 1em 4px 0;overflow:hidden;width:238px;border-collapse:collapse;font-size:88%;line-height:1.25em}.mw-parser-output .ambox-speedy{border-left:10px solid #b32424;background-color:#fee7e6}.mw-parser-output .ambox-delete{border-left:10px solid #b32424}.mw-parser-output .ambox-content{border-left:10px solid #f28500}.mw-parser-output .ambox-style{border-left:10px solid #fc3}.mw-parser-output .ambox-move{border-left:10px solid #9932cc}.mw-parser-output .ambox-protection{border-left:10px solid #a2a9b1}.mw-parser-output .ambox .mbox-text{border:none;padding:0.25em 0.5em;width:100%}.mw-parser-output .ambox .mbox-image{border:none;padding:2px 0 2px 0.5em;text-align:center}.mw-parser-output .ambox .mbox-imageright{border:none;padding:2px 0.5em 2px 0;text-align:center}.mw-parser-output .ambox .mbox-empty-cell{border:none;padding:0;width:1px}.mw-parser-output .ambox .mbox-image-div{width:52px}html.client-js body.skin-minerva .mw-parser-output .mbox-text-span{margin-left:23px!important}@media(min-width:720px){.mw-parser-output .ambox{margin:0 10%}}</style><table class="box-No_sources plainlinks metadata ambox ambox-content" role="presentation"><tbody><tr><td class="mbox-image"><div class="mbox-image-div"><span typeof="mw:File"><a href="/wiki/File:Question_book-4.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/50px-Question_book-4.svg.png" decoding="async" width="50" height="39" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/75px-Question_book-4.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/100px-Question_book-4.svg.png 2x" data-file-width="262" data-file-height="204" /></a></span></div></td><td class="mbox-text"><div class="mbox-text-span">This article <b>does not have any <a href="/wiki/Wikipedia:Citing_sources" title="Wikipedia:Citing sources">sources</a></b>.<span class="hide-when-compact"> You can help Wikipedia by finding <a href="/wiki/Wikipedia:RELIABLE" class="mw-redirect" title="Wikipedia:RELIABLE">good</a> sources, and adding them.</span> <span class="date-container"><i>(<span class="date">January 2024</span>)</i></span></div></td></tr></tbody></table> <p><b>Marxist economics</b> is based on the economic theories of <a href="/wiki/Philosopher" class="mw-redirect" title="Philosopher">Philosopher</a> <a href="/wiki/Karl_Marx" title="Karl Marx">Karl Marx</a>. Marx's theories explain the "laws of motion" of <a href="/wiki/Production" class="mw-disambig" title="Production">production</a> and <a href="/wiki/Exchange" class="mw-redirect" title="Exchange">exchange</a> under <a href="/wiki/Capitalism" title="Capitalism">capitalism</a>. This theory was used to argue against the <a href="/wiki/Middle_class" title="Middle class">middle class</a> theories of economics common at that time. Marx wanted this to be a tool for the working class (the <a href="/wiki/Proletariat" title="Proletariat">proletariat</a>) to use to overthrow capitalism and replace it with <a href="/wiki/Socialism" title="Socialism">socialism</a>, then with <a href="/wiki/Communism" title="Communism">communism</a>. Socialism would be a step towards the disappearance of the state, and <a href="/wiki/Communism" title="Communism">communism</a> would be, according to Marx, a society where goods and services would be distributed "to each according to his need, from each according to his ability." </p><p>Marxist used the <a href="/w/index.php?title=Labour_Theory_of_Value&action=edit&redlink=1" class="new" title="Labour Theory of Value (not yet started)">Labor Theory of Value</a>, which says that the value of a <a href="/wiki/Commodity" title="Commodity">commodity</a> is determined by the labor required to produce it. More specifically, Marx defined the value of a commodity as the <a href="/w/index.php?title=Socially_necessary_labor_time&action=edit&redlink=1" class="new" title="Socially necessary labor time (not yet started)">socially necessary labor time</a> required to produce it, the average (taken across all of society) time required to produce a given <a href="/wiki/Commodity" title="Commodity">commodity</a> under the average conditions of production. It follows from this that the working class is responsible for the production of all of the wealth consumed by all members of society. </p><p>Marx viewed the <a href="/wiki/Capitalist" class="mw-redirect" title="Capitalist">capitalist</a> class (the <a href="/wiki/Bourgeoisie" title="Bourgeoisie">bourgeoisie</a>), those who control the <a href="/wiki/Means_of_production" title="Means of production">means of production</a>, as <a href="/wiki/Leech" title="Leech">leech</a>-like and unnecessary; they are not necessary for the production of the goods society must consume in order to meet human needs and reproduce itself. Rather, Marx saw the capitalist class as getting wealth for itself by the <a href="/wiki/Exploitation" title="Exploitation">exploitation</a> of the working class. Marx argued that <a href="/wiki/Wages" class="mw-redirect" title="Wages">wages</a> under capitalism are determined not by the value created by workers during a given period of time, but by the cost of their <a href="/w/index.php?title=Labor_power&action=edit&redlink=1" class="new" title="Labor power (not yet started)">labor power</a> (ability to work). He argued that the cost of labor power is determined by the cost of the goods and services (food, clothing, shelter, child care, education etc.) nececssary to maintain and reproduce workers. So, capitalists do not pay workers for the value they create: they extract <a href="/w/index.php?title=Surplus_value&action=edit&redlink=1" class="new" title="Surplus value (not yet started)">surplus value</a>, the difference between the value created by a worker and the cost of their labor power (their wages), from the working class. In other words, surplus value is unpaid labor performed by the working class for the capitalist class, which Marx termed <a href="/wiki/Exploitation" title="Exploitation">exploitation</a>. </p><p>Marx argued that because the capitalist class enriches itself by the exploitation of the working class, the economic interests of the two <a href="/wiki/Social_class" title="Social class">classes</a> are opposed and therefore incompatible. He saw the dispossession of the capitalists and the seizure of control of the means of production by the working class as historically progressive in that it would bring about the end of class society, remove the contradictions inherent under capitalism (a result of the antagonism of the two major classes, the bourgeoisie and proletariat), and qualitatively increase the scope of human development in many areas. </p> <div class="mw-heading mw-heading2"><h2 id="Other_websites">Other websites</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Marxist_economics&veaction=edit&section=1" title="Change section: Other websites" class="mw-editsection-visualeditor"><span>change</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Marxist_economics&action=edit&section=1" title="Edit section's source code: Other websites"><span>change source</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://www.marxists.org">Marxist website</a></li></ul>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://simple.wikipedia.org/w/index.php?title=Marxist_economics&oldid=9302728">https://simple.wikipedia.org/w/index.php?title=Marxist_economics&oldid=9302728</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Special:Categories" title="Special:Categories">Category</a>: <ul><li><a href="/wiki/Category:Marxism" title="Category:Marxism">Marxism</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_lacking_sources_from_January_2024" title="Category:Articles lacking sources from January 2024">Articles lacking sources from January 2024</a></li><li><a href="/wiki/Category:All_articles_lacking_sources" title="Category:All articles lacking sources">All articles lacking sources</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last changed on 14 January 2024, at 20:12.</li> <li id="footer-info-copyright">Text is available under the <a rel="nofollow" class="external text" href="//creativecommons.org/licenses/by-sa/4.0/">Creative Commons Attribution-ShareAlike License</a> and the <a href="/wiki/Wikipedia:Text_of_the_GNU_Free_Documentation_License" title="Wikipedia:Text of the GNU Free Documentation License">GFDL</a>; additional terms may apply. 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