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Saturday, November 27, 2010
Really Wondrous Errors and Confusions
"Classical political economy took over from industrial practice the current conception of the manufacturer, that he buys and pays for the labour of his workers. This conception had been quite adequate for the business needs, the book-keeping and price calculations of the manufacturer. But, naively transferred to political economy, it produced there really wondrous errors and confusions." -- Friedrich Engels, Introduction to the 1891 edition of Wage Labour and Capital explaining the significance of revisions to Marx's original text.
Posted by Sandwichman at 12:29 PM