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Value, Price and Profit

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This paper highlights two notable characteristics of Marx: his patient effort to clarify his ideas for even the simplest student and the remarkable clarity of those ideas. The volume serves as a concise summary of the first volume of Capital, which many have attempted to analyze and simplify, often with limited success. A humorous commentator has suggested that Marx should explain our interpretations of his work. Students frequently ask for the best sequence of books to grasp the fundamental principles of Socialism, a challenging question to answer. A possible recommendation includes Engels' Socialism, Utopian and Scientific, followed by this work, the first volume of Capital, and the Student's Manual. My contribution to this work involved reading the manuscript, suggesting English expressions, organizing the chapters, and revising proofs for publication. The majority of the work, however, was accomplished by the individual credited on the title page. This edition is a reproduction of an important historical work, published by Forgotten Books, which employs advanced technology to digitally reconstruct texts while preserving their original format and repairing imperfections. While some flaws from the original may remain, most have been successfully addressed to maintain the integrity of these historical works.

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Value, Price and Profit, Karl Marx

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2021
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