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date: 04 August 2021

Abstract and Keywords

Karl Marx (1818–1883) and Friedrich Engels (1820–1895) are best known for their collaborative work The Communist Manifesto (1848). However, the two had been observing the real consequences of industrialization for factory workers, particularly in Manchester, England, for many years before this. Working in his father’s cotton factory in England, Engels had witnessed the inequities imposed by industrial systems, and he composed a scathing attack on these systems in his Condition of the Working-Class in England (1845). When Marx befriended Engels in Manchester, he too came to see how local conditions could lead to wide-ranging theories about labor, wages, and the measurement of “costs.” In this lecture, delivered in December 1847, Marx took his audience through the most basic elements of the philosophy that would culminate in Das Kapital (vol. 1, 1867)., first published in German in the Neue Rheinische Zeitung (April 5–8, 11, 1849), and edited and translated by Friedrich Engels for an 1891 pamphlet.

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