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🧠 Major Works of Karl Marx 📘 Early Writings 📗 Political Writings 📙 Economic Writings 🔢 Major Equations and Economic Concepts 1. Labor Theory of Value 2. Rate of Surplus Value (Exploitation Rate) 3. Rate of Profit 4. Organic Composition of Capital 5. Falling Rate of Profit (Tendency of the…


🧠 Major Works of Karl Marx

📘 Early Writings

  • Economic and Philosophic Manuscripts of 1844
    • Alienation of labor
    • Critique of private property
    • Human essence as productive activity
  • The German Ideology (1845–46)(with Engels)
    • Historical materialism: “life determines consciousness”
    • Critique of idealism (esp. Hegel)

📗 Political Writings

  • The Communist Manifesto (1848)(with Engels)
    • History as class struggle
    • Bourgeoisie vs. proletariat
    • Call for proletarian revolution
  • The Class Struggles in France (1850)
    • Analysis of 1848 revolutions
    • Development of class dynamics
  • The 18th Brumaire of Louis Bonaparte (1852)
    • Dialectical analysis of politics and class interests
    • Concept of political “farce” repeating history

📙 Economic Writings

  • A Contribution to the Critique of Political Economy (1859)
    • Base and superstructure theory
    • Early formulation of surplus value
  • Capital (Das Kapital), Volumes I–III (1867–1894)
    • Volume I: Production of capital
    • Volume II: Circulation of capital
    • Volume III: Overall dynamics, profit rate, crises
  • Theories of Surplus Value (1862–63)
    • History of economic thought
    • Critique of classical economists (Smith, Ricardo, etc.)

🔢 Major Equations and Economic Concepts

1. Labor Theory of Value

  • Value of a Commodity:
    V=c+v+sV = c + v + s
    where:
    • cc = constant capital (means of production)
    • vv = variable capital (wages)
    • ss = surplus value
  • Surplus Value:
    s=m−vs = m – v
    where mm is the value produced by labor

2. Rate of Surplus Value (Exploitation Rate)

  • s′=svs’ = \frac{s}{v}

3. Rate of Profit

  • r=sc+vr = \frac{s}{c + v}

4. Organic Composition of Capital

  • OCC=cvOCC = \frac{c}{v}

5. Falling Rate of Profit (Tendency of the rate of profit to fall)

  • As cv\frac{c}{v} increases, rr tends to fall, assuming s′s’ is constant.

6. Simple and Expanded Reproduction

  • Capitalist accumulation through reinvestment of surplus value
  • Reproduction schemas:
    • Simple reproduction: ss consumed
    • Expanded reproduction: ss reinvested

🧩 Core Concepts Without Equations

  • Commodity fetishism
  • Alienated labor
  • Historical materialism
  • Class struggle
  • Base and superstructure
  • Capital accumulation
  • Crisis theory

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