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Basically Marx's theory was that under capitalism the means of production were owned by just a few, wealthy capitalists. The workers had to try to sell their labour power to the capitalists so that they may survive. When a worker goes to work for a capitalist they enter into a metabolic exchange with nature and produce exchange value. The capitalist takes this value and gives only a portion of it back to the worker, the rest of the value, or wealth, is taken by the capitalist as surplus value or profit.

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13y ago

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