Socialism: Utopian and Scientific of thousands of copies. Throughout the decade of the 1860s, Karl Marx, close personal friend and political associate of Friedrich Engels, dedicated himself to the study of economics, culminating in the publication of the first volume of "Das Kapital" in 1867. Marx's lengthy and ponderous volume was extremely difficult for the average to penetrate, however, leading Engels to suggest to Marx in a letter of September 16, 1868 that a short popularized version of "Das Kapital" for a working class audience was urgently needed. "If it is not written, some Moses or other will come along and do it and
Wage Labour and Capital Wage Labour and Capital "Wage Labour and Capital" (German: "Lohnarbeit und Kapital") is an essay on economics by Karl Marx, written in 1847 and first published in articles in the "Neue Rheinische Zeitung" in April 1849. This essay has been widely acclaimed as the precursor to Marx’s important treatise "Das Kapital". The ideas that are expressed in the essay have a very thorough economic contemplation about them as he put aside some of his materialist conceptions of history for the time being. This essay did, however, start to show an increased scientific rationale on his ideas of "alienated labor," which