The phrase "Economy of Machinery and Manufacture" most notably refers to the book "On the Economy of Machinery and Manufactures" published in 1832 by the English polymath Charles Babbage.
Posts tagged as “Karl Marx”
The Theory of Social and Economic Organization is the English translation of the first part of German sociologist Max Weber's monumental, posthumously published work, Wirtschaft und Gesellschaft (Economy and Society), originally published in German in 1920.
Worker alienation refers to the sense of estrangement or detachment individuals experience from their work, its products, their colleagues, and even themselves.
The Labor Theory of Value (LTV) is an economic theory that states the value of a commodity is determined by the total amount of "socially necessary labor time" required for its production.
Commodification is the process by which something that was not previously considered a commodity—an object, service, idea, or even a person—is transformed into an item that can be bought and sold in a market.