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(1818-1883) German economist, historian, and social philosopher. His principal contribution to economic thought was extending the labor theory of value to its logical conclusion, his theory of surplus value. This theory, along with his defense of economic materialism, appeared in Das Kapital (1867, 1885, 1894).

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1. (1818-1883) German economist, historian, and social philosopher. His principal contribution to economic thought was extending the labor theory of value to its logical conclusion, his theory of surplus value. This theory, along with his defense of economic materialism, appeared in Das Kapital (1867, 1885, 1894).





 
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