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   Karl Marx

   This work, that was published posthumously under the editorship of Karl Kautsky is often seen as the Fourth book of Capital, and constitutes one of the first comprehensive treatises on the history of economic thought. ... Marx called this reversal "commodity fetishism" (at the time Marx wrote, historians of religion used the word fetish to describe something made by people, which people believed had power over them).
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   Fictitious capital

   Fictitious capital is a concept used by Karl Marx in his critique of political economy.
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   Capital, Volume I

   Therefore the conversion of the greater part of the total capital is now used as constant capital, a reduction of variable capital necessarily follows. ... ↑ Marx, Karl.
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   Circulating capital

   Circulating capital is a term used by classical economists such as Adam Smith, David Ricardo and Karl Marx.
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   Proletariat

   The term was initially used in a derogatory sense, until Karl Marx used it as a sociological term to refer to the working class. ... Primitive capital accumulation
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   Labor theory of value

   c is the constant capital of materials used in a period plus the depreciated portion of tools and plant used in the process. (a period is typically a day, week year or a single turnover: meaning the time required to complete one batch of coffee, for example) ... ↑ Marx, Karl (1865).
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   Transformation problem

   Karl Marx, Capital Volume I, Chapter 1 ... It takes place when every production line happens to use all the various produced means of production (including the goods entering the real wage) in the same proportions among themselves.
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   Prices of production

   He just assumes abstractly that the output created will equal the sum of input costs incurred plus surplus value, and that the sum of input costs is equal to the production capital invested, given that all output is sold. ... Karl Marx, Grundrisse.
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   Marxism

   The works of Karl Marx and Friedrich Engels Marx ... Primitive capital accumulation
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    Capital accumulation

    Most capital accumulation involves risk, because capital is committed to an investment without perfect certainty about future earnings. ... Karl Marx, Das Kapital Vol. 1, Part 7 and Vol. 2, Part 3.

Explore the following pages on Powerset:

• Karl Marx,
• Fictitious capital,
• Capital, Volume I,
• Circulating capital,
• Proletariat,
• Labor theory of value,
• Transformation problem,
• Prices of production,
• Marxism,
• Capital accumulation