Economics wealth (capital) and a constant population size. Marxist (later, Marxian) economics descends from classical economics. It derives from the work of Karl Marx. The first volume of Marx's major work, "Das Kapital", was published in German in 1867. In it, Marx focused on the labour theory of value and the theory of surplus value which, he believed, explained the exploitation of labour by capital. The labour theory of value held that the value of an exchanged commodity was determined by the labour that went into its production and the theory of surplus value demonstrated how the workers only got paid
Studies on Marx and Hegel Studies on Marx and Hegel Studies on Marx and Hegel () is a 1955 book about Karl Marx and Georg Wilhelm Friedrich Hegel by the French philosopher Jean Hyppolite. It has received praise from commentators, and has been credited with showing Hegel's anticipation of existentialism. Hyppolite provides assessments of Hegel's "The Phenomenology of Spirit" (1807), including the significance of Hegel's discussion in that work of the French Revolution. He also assesses Hegel's "Science of Logic", Marx's "Das Kapital" (1867–1883), and Marx's critique of Hegel's "Elements of the Philosophy of Right" (1820), and discusses György Lukács's "The Young Hegel" (1938). "Studies