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Absolute Rent

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Marx’s work on rent was based on his studies of the statistical reports published after the Russian Agrarian Reform of 1861. The importance of the Russian case on Marx’s thinking is highlighted in Engels’ ‘Preface’ to the third volume of Marx’s Capital, which draws a parallel between the influence of Russia’s diverse land tenure system on Marx’s analysis of rent and the role of England on his analysis of industrial wage-labour.


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This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

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da Silva, E.A. (1987). Absolute Rent. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London.

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-95121-5

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