The critical notes for Karl Marx's «Das Kapital» or phantom of exploitation

The notes set forth below are not the detailed analysis of Marx's «Das Kapital» on the whole, but only an attempt based on his Labor Theory of Value (LTV) to figure present-day situation. These notes consist of two parts. In the first one the author analyzes and interprets a line of concepts and categories offered by Karl Marx. The author accentuates a reader's attention to Marx's nine fundamental mistakes which led in nowadays to obvious inadequacy in LTV. The author tries to prove the falsity of Marx's postulate for Necessary and Surplus Labor as well as Marx's falsity to measure the Use Value by help of Working Hours. The author also reveals an intellectual component of Productive Labor - the concept ignored in Marx's Labor Theory.