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"A use-value, or useful article, therefore, has value only because abstract human labour is objectified or materialized in it. How, then, is the magnitude of this value to be measured? By means of the quantity of the "value-forming substance", the labour, contained in the article. This quantity is measured by its duration, and the labour-time is itself measured on the particular scale of hours, days etc."
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Exlpore more Economics quotes

"Miracle focus messages compels masses to think that the process of production is not necessary for prosperity."

"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."

"Rejecting predatory capitalism in America is a way to respect and honor America."

"The whole industry is so screwed up by economics. It's disgusting to me."

"I saw the poverty, I say the prosperity. Both have fundamental problems."

"In order to deal with all the medical cost demands and other challenges in the U.S., as we look to raise that revenue, the rich will have to pay slightly more. That's quite clear."
Explore more quotes by Karl Marx

"Let the ruling classes tremble at a communist revolution. The proletarians have nothing to lose but their chains. They have a world to win. Workingmen of all countries, unite!"

"History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this."

"Modern bourgeois society with its relations of production, of exchange, and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer, who is no longer able to control the powers of the nether world whom he has called up by his spells."

"Everyone who knows anything of history also knows that great social revolutions are impossible without the feminine ferment. Social progress may be measured precisely by the social position of the fair sex (plain ones included)."

"Man is the highest essence of man, hence with the categorical imperative to overthrow all relations in which man is a debased, enslaved, abandoned, despicable essence."

"Religion is the impotence of the human mind to deal with occurrences it cannot understand."

"As exchange-values, all commodities are merely definite quantities of congealed labour-time."

"The fact that labour is external to the worker, i.e., it does not belong to his intrinsic nature; that in his work, therefore he does not affirm himself but denies himself, does not feel content but unhappy, does not develop freely his physical and mental energy but mortifies his body and his mind. The worker therefore only feels himself outside his work, and in his work feels outside himself."
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