Karl Marx In 1867, the first volume of "Das Kapital" was published, a work which analysed the capitalist process of production. Here Marx elaborated his labour theory of value, which had been influenced by Thomas Hodgskin. Marx acknowledged Hodgskin's "admirable work" "Labour Defended against the Claims of Capital" at more than one point in "Capital." Indeed, Marx quoted Hodgskin as recognising the alienation of labour that occurred under modern capitalist production. No longer was there any "natural reward of individual labour. Each labourer produces only some part of a whole, and each part having no value or utility of itself, there is
Karl Marx Monument nickname for the monument: "Nischel", which is derived from the Central German term for head or skull. After renaming the city and the district of Chemnitz into Karl-Marx-Stadt on May 10, 1953 for Karl Marx Year, the East-German government decided to honor the namesake of the city, and hired a Soviet sculptor, Lev Kerbel, to design a monument. The monument was cast in the art foundry Monument Skulptura in Leningrad in bronze and then broken down into 95 pieces. In Karl-Marx-Stadt, these items were to be welded together again, but the Soviet technology was not suitable. Instead, it was decided