Which thinker authored the work Das Kapital?

Prepare for the Abeka Economic – Work and Prosperity Test 6 with our questions and explanations. Enhance your understanding of economic principles and be ready for your exam!

Multiple Choice

Which thinker authored the work Das Kapital?

Explanation:
Das Kapital is Karl Marx's major analysis of capitalist economics. It presents how value is produced through labor, how capitalists extract surplus value from workers, and how these dynamics drive capital accumulation and social relations under capitalism. This work is closely tied to Marx’s critique of exploitation and class struggle within the market system. In contrast, the other thinkers are known for different contributions: Adam Smith wrote The Wealth of Nations and helped shape early market theory; David Ricardo advanced ideas about the labor theory of value and rents; Carl Menger founded the marginalist approach and the Austrian school. So the author of Das Kapital is Karl Marx.

Das Kapital is Karl Marx's major analysis of capitalist economics. It presents how value is produced through labor, how capitalists extract surplus value from workers, and how these dynamics drive capital accumulation and social relations under capitalism. This work is closely tied to Marx’s critique of exploitation and class struggle within the market system. In contrast, the other thinkers are known for different contributions: Adam Smith wrote The Wealth of Nations and helped shape early market theory; David Ricardo advanced ideas about the labor theory of value and rents; Carl Menger founded the marginalist approach and the Austrian school. So the author of Das Kapital is Karl Marx.

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