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Karl Marx on the Economic Role of Science

This paper examines Marx's treatment of rising resource productivity and technological change under capitalism. Little attention has been given to Marx's view of the role which science plays in these processes. It is obvious that Marx (and Engels) attach the greatest importance to the development of modern science, but the way in which scientific progress meshes with the rest of the Marxian system has not been fully understood. The paper analyzes Marx's treatment of the factors which account for the growth of scientific knowledge as well as capitalist society's changing capacity to incorporate this knowledge into the productive process.