ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Frederick Engels

Mohit Sen It was Marx who formulated the labour theory of value, making the vital distinction between abstract and concrete on the basis of which alone the distinction could be made between labour and labour power and without which the theory of surplus value could not have been formulated' But it was not Marx who first turned to the subject of political economy and the working class. It was Engels, the one hundred and fiftieth anniversary of whose birth fell on November 28, who was the pioneer in this sphere and who, especially in his work on the condition of the working class in Britain, first achieved that dazzling clarity about the role of the working class in the present historical epoch which was rightly described by Lenin as the central theme of Marxism and the key insight of scientific communism.

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