Karl Marx
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In our eReader you can find the full English version of the book. Read Karl Marx Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Karl Marx
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In such conditions, however, we could no longer speak of com- modities or of exchange, for these phenomena belong exclusively to an individualistic econ- omy and would have no place in a socialised economy. This means that the reform of exchange by the suppression of profit can only be effected by the suppression of exchange itself, by the institution of the co-operative commonwealth. Indeed, Robert Owen, who proposed the "labour note" system in 1832, and was the most brilliant of its advocates..., clearly recognised this difficulty, and under- stood that the socialisation of production would be an indispensable preliminary to the adoption of the plan. It was the impatience of his disciples which forced him to inaugu- KARL MARX 99 rate the system within the framework of the capitalist economy by founding the National Equitable Labour Exchange. The logic of facts gave a patent demonstration of the irra- tionality of the attempt; and Owen, saddened and humiliated, was compelled to witness the failure of the new institution.
What to read after Karl Marx?
You can find similar books in the "Read Also" column, or choose other free books by Eden Paul to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In such conditions, however, we could no longer speak of com- modities or of exchange, for these phenomena belong exclusively to an individualistic econ- omy and would have no place in a socialised economy. This means that the reform of exchange by the suppression of profit can only be effected by the suppression of exchange itself, by the institution of the co-operative commonwealth. Indeed, Robert Owen, who proposed the "labour note" system in 1832, and was the most brilliant of its advocates..., clearly recognised this difficulty, and under- stood that the socialisation of production would be an indispensable preliminary to the adoption of the plan. It was the impatience of his disciples which forced him to inaugu- KARL MARX 99 rate the system within the framework of the capitalist economy by founding the National Equitable Labour Exchange. The logic of facts gave a patent demonstration of the irra- tionality of the attempt; and Owen, saddened and humiliated, was compelled to witness the failure of the new institution.
What to read after Karl Marx?
You can find similar books in the "Read Also" column, or choose other free books by Eden Paul to read onlineMoreLess
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