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Rerum novarum (from its incipit, with the direct translation of the Latin meaning "of revolutionary change" [n 1]), or Rights and Duties of Capital and Labor, is an encyclical issued by Pope Leo XIII on 15 May 1891.
Laborem exercens begins with a scriptural argument that work is more than just an activity or a commodity, but an essential part of human nature.. The Church finds in the very first pages of the Book of Genesis the source of her conviction that work is a fundamental dimension of human existence on earth. ...
Wage Labour and Capital" (German: Lohnarbeit und Kapital) was an 1847 lecture by the critic of political economy and philosopher Karl Marx, first published as articles in the Neue Rheinische Zeitung in April 1849. [1]
"The labor problem" is the economics term widely used toward the turn of the 20th century with various applications. [1] It has been defined in many ways, such as "the problem of improving the conditions of employment of the wage-earning classes."
Marxist academic David Harvey, while praising the book for demolishing "the widely-held view that free market capitalism spreads the wealth around and that it is the great bulwark for the defense of individual liberties and freedoms," is largely critical of Piketty for, among other things, his "mistaken definition of capital", which Harvey ...
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Capital is a central concept in Marxian critique of political economy, and in Marxian thought more generally. Marxists view capital as a social relation reproduced by the continuous expenditure of wage labour. Labour and capital are viewed as historically specific [clarification needed] forms of social relations. [1] [2] [3] [4]
(Capital, Vol. 1, Chapter 15, Section 5) Political development: The factory legislation in England was a response to the working class struggle over the length of the working day. "Their formulation, official recognition and proclamation by the State were the result of a long class struggle." (Capital, Vol. 1, Chapter 10, Section 6)
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