Kenneth Lapides has plumbed Marx's extensive political economy, writing to present the first-ever full, consolidated statement of Marx's wage theory. Marx's Wage Theory in Historical Perspective is faithful to Marx's formulations, with frequent excerpts from Marx. The result is a convincing recapitulation of Marx's revolution in wage theory. The book is a major contribution to the history of economic thought. It covers long-forgotten ground by providing a comprehensive account of the initial phase of wage theory, and the essentials of the wage-fund doctrine, with detailed documentation from original sources. Marx's Wage Theory illuminates many contemporary economic problems.