Adam Smith homely observations, making them feel comfortable all along." Classical economists presented competing theories of those of Smith, termed the "labour theory of value". Later Marxian economics descending from classical economics also use Smith's labour theories, in part. The first volume of Karl Marx's major work, "Das Kapital", was published in German in 1867. In it, Marx focused on the labour theory of value and what he considered to be the exploitation of labour by capital. The labour theory of value held that the value of a thing was determined by the labour that went into its production. This contrasts with
Karl Marx in film Marx's book "Das Kapital" was never realised, although in more recent years the German film director and author Alexander Kluge completed a lengthy homage to Eisenstein's unrealised film entitled "News from Ideological Antiquity: Marx – Eisenstein – Das Kapital". In the 1960s French new wave directors, notably Jean-Luc Godard, used Marxist themes in their work, including in the films "Week End", "La Chinoise" and "Tout va bien". In the 1970s the Serbian director Dušan Makavejev made films which were critical and/or satirical of Marx and Marxist ideology. The Young Karl Marx by the Haitian director Raoul Peck released in 2017