Introduction to Karl Marx's Explanation of Production

Karl Marx explained the production in his book The Capital Volume I. He used in his book some economy elements such as the value J or figures out the sales and prices in a capitalist society that he called speculative.

Focus on Exploitation and Legal Aspects

This book ends in the exploitation, which he continues to analyze in his book with another legal aspect of the capitalist society, and he takes as example for it the England society, where capitalism had begun.

Theoretical Foundations

Concerning the value theory, it seems to me the I. He applies in some way the Ricardian value economy theory. This book analyzes The Capital Volume I until the term exploitation of labor by the capital and ignores the legal aspects in relation to the labor worker conduction that Marx tried in the final chapters of his book.

Production and Labor Exploitation

The Capital Volume I discusses production as labor exploitation by capital, including slave work and workers who have been working more than fifteen hours a day, which has caused societal health problems.

Legal Reforms and Labor Conditions

Then, the legal aspects began to receive attention in cases of labor conditions until they led to legal reform.