In the “Labour process and the process of producing surplus value,” Marx deals with the labor process in general, or the production of use values, and the capitalist labor process, or the production ...

Marx considered his analysis of wages to be one of three fundamentally new elements he introduced into political economy, (See Marx-Engels Correspondence, p. 232.) A valuable lesson can be gotten from ...

Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.