10 Sins of Marx's Labor Theory

ebook Profit Economics Series

By Hak Choi

cover image of 10 Sins of Marx's Labor Theory

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Capitalism always comes with surplus, that is, profit. When bosses usually enjoyed this surplus, Karl Marx saw them as an exploiters of labor. So he wanted to redistribute the profit to the workers. This book reconsiders a numerical example from Das Kapital to discover 10 errors to refute his theory.

10 Sins of Marx's Labor Theory