Capital (Marxism)

Capital is a central concept in Marxian critique of political economy, and in Marxian thought more generally.

Marxists view capital as a social relation reproduced by the continuous expenditure of wage labour. Labour and capital are viewed as historically specific^{[clarification needed]} forms of social relations.^[1][2][3][4]

Marx stated that "Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks."^[5]

See also

• Property is theft!
• Private property#Criticism
• Reification (Marxism) – Treatment of social attributes as real, in Marxist theory
• Forms of capital in Marxism:
  • Constant capital — Capital invested in the means of production.
  • Variable capital — Capital invested in labour power.
  • Fictitious capital – Marxist Doctrine
  • Monopoly Capital

Key figures:

• Robert Kurz
• Moishe Postone
• Roman Rosdolsky