ABSTRACT

The main concept in Karl Marx's economics, in keeping with the entire tradition from Adam Smith and David Ricardo, is value. Regardless of the way in which one chooses to interpret Marx's The Misery of Philosophy, one must of course concentrate on "Das Kapital", and Marx explicitly states that the capitalist use of the means of production, itself an economically determined condition, determines the technological development. The capitalist process of production is the shaping of the process of labour in a period with free wage labour and the right to private ownership of the means of production. In a capitalist society we must furthermore assume that working power too is a commodity which can be bought and sold, that wage labour exists. An account of Marx's view of the relationship between technology and technological change and the capitalist relations of productions can be formulated on two levels, referring to a diachronic and a synchronic point of departure.