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| karl marx capital volume 1: An Introduction to the Three Volumes of Karl Marx's Capital Michael Heinrich, 2012-06-01 The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions. |
| karl marx capital volume 1: Capital Karl Marx, 1999 Records Marx's critical study of capitalism as an economic system and briefly evaluates his handling of the subject. |
| karl marx capital volume 1: Capital , 1952 |
| karl marx capital volume 1: Capital Karl Marx, 2004-02-05 'A groundbreaking work of economic analysis. It is also a literary masterpice' Francis Wheen, Guardian One of the most notorious and influential works of modern times, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis. Arguing that capitalism would cause an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership throughout the world, to become a work described by Marx's collaborator Friedrich Engels as 'the Bible of the working class'. Translated by BEN FOWKES with an Introduction by ERNEST MANDEL |
| karl marx capital volume 1: Capital: Volume One Karl Marx, 2019-01-01 Capital: Volume One by Karl Marx is a classic of political economics and was described by Friedrich Engels, the author's friend and collaborator, as the bible of the working class. Thirty years in the making, this 1867 publication was the first in the three-part Das Kapital series and the only volume published during Marx's lifetime. The polemic asserts that society is advancing from primitive economic systems toward the utopian state of communism. It remains a work of tremendous importance and influence and offers an astute critique of capitalism, exploring commodities, value, money, and other factors related to the system's historic origins and contemporary functions. The examination of these elements forms the basis of Marxist doctrine: the system is irredeemable, a revolution is imperative, and a socialist system is the only viable alternative, providing a structure in which production serves the needs of all rather than the enrichment of the elite. AUTHOR: Philosopher and radical thinker Karl Marx (1818-74) was expelled from Germany and France after publishing controversial material, including The Communist Manifesto, which he co-wrote with Friedrich Engels. In 1848, he was exiled to London, where he wrote Das Kapital and resided for the remainder of his life. |
| karl marx capital volume 1: Das Kapital Karl Marx, 2012-03-27 One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia and Germany, and ultimately throughout the world, to become a work described by Marx's friend and collaborator Friedrich Engels as 'the Bible of the Working Class'. |
| karl marx capital volume 1: A Contribution to the Critique of Political Economy Karl Marx, 2008-10 Karl Marx was commissioned by the Communist League along with Friederich Engels to write The Communist Manifesto. The manifesto is considered to be one of the world's most influential political tracts. The Manifesto established a course of action for the working class revolution to overthrow the bourgeois social order and bring about a classless society. In 1859 Marx published A Contribution To The Critique Of Political Economy, which was his first serious economic work. Marx discusses the production and naturalization of capitalism. His theory is that the course of history is dependent on economic developments. From the preface In the social production that men carry on, they enter into definite relations that are indispensable and independent of their will, relations of production which correspond to a definite stage of development of their material forces of production. The sum total of these relations of production constitutes the economic structure of society, the real foundation, on which rises a legal and political superstructure, and to which correspond definite forms of social consciousness. The mode of production in material life determines the general character of the social, political, and intellectual processes of life. It is not the consciousness of men which determines their existence; it is on the contrary their social existence which determines their consciousness. |
| karl marx capital volume 1: Capital Karl Marx, 1873 |
| karl marx capital volume 1: How to Read Marx's Capital Michael Heinrich, 2021-08-23 An accessible companion to Karl Marx's essential Capital With the recent revival of Karl Marx's theory, a general interest in reading Capital has also increased. But Capital—Marx’s foundational nineteenth-century work on political economy—is by no means considered an easily understood text. Central concepts, such as abstract labor, the value-form, or the fetishism of commodities, can seem opaque to us as first-time readers, and the prospect of comprehending Marx’s thought can be truly daunting. Until, that is, we pick up Michael Heinrich’s How to Read Marx's Capital. Paragraph by paragraph, Heinrich provides extensive commentary and lucid explanations of questions and quandaries that arise when encountering Marx’s original text. Suddenly, such seemingly gnarly chapters as “The Labor Process and the Valorization Process” and “Money or the Circulation of Capital” become refreshingly clear, as Heinrich explains just what we need to keep in mind when reading such a complex text. Deploying multiple appendices referring to other pertinent writings by Marx, Heinrich reveals what is relevant about Capital, and why we need to engage with it today. How to Read Marx's Capital provides an illuminating and indispensable guide to sorting through cultural detritus of a world whose political and economic systems are simultaneously imploding and exploding. |
| karl marx capital volume 1: Representing 'Capital' Fredric Jameson, 2014-01-07 Representing Capital, Fredric Jameson's first book-length engagement with Marx's magnum opus, is a unique work of scholarship that records the progression of Marx's thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown. |
| karl marx capital volume 1: Marx, Capital, and the Madness of Economic Reason David Harvey, 2017-10-05 Karl Marx's Capital is one of the most important texts written in the modern era. Since 1867, when the first of its three volumes was published, it has had a profound effect on politics and economics in theory and practice throughout the world. But Marx wrote in the context of capitalism in the second half of the nineteenth century, and his assumptions and analysis need to be updated in order to address to the technological, economic, and industrial change that has followed Capital's initial publication. In Marx, Capital, and the Madness of Economic Reason, David Harvey not only provides a concise distillation of his famous course on Capital, but also makes the text relevant to the twenty-first century's continuing processes of globalization. This book serves as an accessible window into Harvey's unique approach to Marxism and takes readers on a riveting roller coaster ride through recent global history. It demonstrates how and why Capital remains a living, breathing document with an outsized influence on contemporary social thought. |
| karl marx capital volume 1: The Anti-capitalist Chronicles David Harvey, 2020 A new book from one of the most cited authors in the humanities and social sciences |
| karl marx capital volume 1: A Guide to Marx's 'Capital' Vols IIII Kenneth Smith, 2012-11-15 This book provides a comprehensive guide to all three volumes of Karl Marx’s ‘Capital’, with advice on further reading and points for further discussion. Recognizing the contemporary relevance of ‘Capital’ in the midst of the current financial crisis, Kenneth Smith has produced an essential guide to Marx’s ideas, particularly on the subject of the circulation of money-capital. This guide uniquely presents the three volumes of ‘Capital’ in a different order of reading to that in which they were published, placing them instead in the order that Marx himself sometimes recommended as a more user-friendly way of reading. Dr Smith also argues that for most of the twentieth century, the full development of the capitalist mode of production (CMP) has been undermined by the existence of a non-capitalist ‘third world’, which has caused the CMP to take on the form of what Marx called a highly developed mercantile system, rather than one characterized by an uninterrupted circuit of industrial capital of the kind he expected would develop. While the guide can be read as a book in its own right, it also contains detailed references to Volumes I–III so that students, seminars and discussion groups can easily make connections between Smith’s explanations and the relevant parts of ‘Capital’. |
| karl marx capital volume 1: Capital Volume 1 Karl Marx, 2018-07-21 ÒMoney is the alienated essence of man's labor and life; and this alien essence dominates him as he worships it.Ó -Capital, Vol 1: A Critical Analysis of Capitalist Production This version of Capital Volume 1, Marx's highest achievement in economics, is based on the English edition of 1887. It is presented here in a large, easy to read format, with large margins perfect for note-taking. Karl Marx: Born May 5, 1818, in Trier Germany. Died March 14, 1883 in London, England, a stateless person. |
| karl marx capital volume 1: The Black Book of Communism Stéphane Courtois, 1999 This international bestseller plumbs recently opened archives in the former Soviet bloc to reveal the accomplishments of communism around the world. The book is the first attempt to catalogue and analyse the crimes of communism over 70 years. |
| karl marx capital volume 1: Capital (Das Kapital) Karl Marx, 2018-11-02 This eBook edition of Capital has been formatted to the highest digital standards and adjusted for readability on all devices. Capital by Karl Marx is a foundational theoretical text in materialist philosophy, economics and politics. Marx aimed to reveal the economic patterns underpinning the capitalist mode of production, in contrast to classical political economists such as Adam Smith, Jean-Baptiste Say, David Ricardo and John Stuart Mill. Marx did not live to publish the planned second and third parts, but they were both completed from his notes and published after his death by his colleague Friedrich Engels. Capital is the most cited book in the social sciences published before 1950.The Communist Manifesto (originally Manifesto of the Communist Party) is an 1848 political pamphlet by German philosophers Karl Marx and Friedrich Engels. Commissioned by the Communist League and originally published in London just as the revolutions of 1848 began to erupt, the Manifesto was later recognised as one of the world's most influential political documents. Wage Labour and Capital is an essay on economics by Karl Marx, written in 1847 and first published in articles in the Neue Rheinische Zeitung in April 1849. This essay has been widely acclaimed as the precursor to Marx's important treatise Das Kapital. Value, Price and Profit was a speech given to the First International Working Men's Association in June in 1865 by Karl Marx. It was written between the end of May and June 27 in 1865, and was published in 1898.Karl Marx (1818–1883) was a famous German philosopher, economist, historian, political theorist, sociologist, journalist and revolutionary socialist. |
| karl marx capital volume 1: Karl Marx's Capital and the Present C. P. Chandrasekhar, 2018-03-23 This book presents four lectures on Marx's Capital, delivered by C. P. Chandrasekhar on Volume 1's anniversary: Capital and the Critique of Bourgeois Political Economy; Order and Anarchy in the Capitalist System; 'Revisiting Capital in the Age of Finance; and Marx's Capital and the Current Crisis in Capitalism. |
| karl marx capital volume 1: Key Elements of Social Theory Revolutionized by Marx Paul Zarembka, 2020-09-25 Marx's oeuvre is vast but there are key elements of his ever evolving, class-based contribution to social theory. Declining usefulness for him of Hegelian philosophy and his deepening confrontation with Ricardian political economy were expressions. While the French edition of Capital is closest to Marx’s mature thought, Engels did not understand how work on Russia related to Marx’s evolution, and Engels distorted the outcome. Accumulation of capital is particularly difficult conceptually, including use of ‘primitive accumulation’, and is carefully addressed, as is composition of capital. After Marx, Luxemburg is the most significant contributor to Marxism and her works on political economy and on nationalism are highlighted here. The modern topic of state conspiracies, too often avoided, concludes the book. Troubling issues, however, remain. |
| karl marx capital volume 1: Capital: A Critique of Political Economy: The Process of Capitalist Production Frederick Engels, 2019-03-16 This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. |
| karl marx capital volume 1: Capital: A Critique Of Political Economy; Volume 2 Karl Marx, Friedrich Engels, 2023-07-18 |
| karl marx capital volume 1: Reading Capital Louis Althusser, Etienne Balibar, 2009-06-09 Establishing a rigorous program of “symptomatic reading” that cuts through the silences and lacunae of Capital to reveal its philosophical core, Louis Althusser interprets Marx’s structural analysis of production as a revolutionary break—the basis of a completely new science. Building on a series of Althussers’s conceptual innovations that includes “overdetermination” and “social formation,” Étienne Balibar explores the historical and structural facets of production as Marx understood them, scrutinizing many of the most fundamental points in Capital, as though for the first time. |
| karl marx capital volume 1: Karl Marx’s Ecosocialism Kohei Saito, 2017-10-24 Delving into Karl Marx's central works as well as his natural scientific notebooks, published only recently and still being translated, [the author] argues that Karl Marx actually saw the environment crisis embedded in captialism. [The book] shows us that Marx has given us more than we once thought, that we can now come closer to finishing Marx's critique, and to building a sustainable ecosocialist world.--Page [4] of cover. |
| karl marx capital volume 1: The Process of Capitalist Production Karl Marx, 2018-11-02 This eBook has been formatted to the highest digital standards and adjusted for readability on all devices. This book is a critical analysis of political economy, meant to reveal the contradictions of the capitalist mode of production, how it was the precursor of the socialist mode of production and of the class struggle rooted in the capitalist social relations of production. Karl Marx (1818–1883) was a famous German philosopher, economist, historian, political theorist, sociologist, journalist and revolutionary socialist. |
| karl marx capital volume 1: The Unfinished System of Karl Marx Judith Dellheim, Frieder Otto Wolf, 2018-04-13 This book examines what we can gain from a critical reading of Marx's final manuscript and his conclusion of the systematic presentation of his critique, which was the basis for Engels's construction of the third volume of his infamous 'Capital'. The text introduces the reader to a key problem ́of Marx's largely implicit epistemology, by exploring the systematic character of his exposition and the difference of this kind of 'systematicity' from Hegelian philosophical system construction. The volume contributes to establishing a new understanding of the critique of political economy, as it has been articulated in various debates since the 1960s - especially in France, Germany, and Italy - and as it had already been initiated by Marx and some of his followers, with Rosa Luxemburg in a key role. All the chapters are transdisciplinary in nature, and explore the modern day relevance of Marx's and Luxemburg's theoretical analysis of the dominance of the capitalist mode of production. |
| karl marx capital volume 1: Grundrisse Karl Marx, 2005-11-24 Written during the winter of 1857-8, the Grundrisse was considered by Marx to be the first scientific elaboration of communist theory. A collection of seven notebooks on capital and money, it both develops the arguments outlined in the Communist Manifesto (1848) and explores the themes and theses that were to dominate his great later work Capital. Here, for the first time, Marx set out his own version of Hegel's dialectics and developed his mature views on labour, surplus value and profit, offering many fresh insights into alienation, automation and the dangers of capitalist society. Yet while the theories in Grundrisse make it a vital precursor to Capital, it also provides invaluable descriptions of Marx's wider-ranging philosophy, making it a unique insight into his beliefs and hopes for the foundation of a communist state. |
| karl marx capital volume 1: Karl Marx, Frederick Engels Karl Marx, 1975 Vols. 35-37 contain volumes I, II, and III of Das Kapital. Vols. 36-37, 48-50 prepared jointly by Lawrence & Wishart Ltd., London, International Publishers, and Progress Publishing Group Corp., Moscow, in collaboration with the Russian Independent Institute of Social and National Problems. Vols. 38-41 published: Moscow : Progress Publishers. Includes bibliographies and indexes. |
| karl marx capital volume 1: Engels on Capital Friedrich Engels, 1944 |
| karl marx capital volume 1: The Process of Circulation of Capital (Capital Vol. II) Karl Marx, 2018-11-02 Capital: The Process of Circulation of Capital 2 was prepared by Engels from notes left by Marx and published in 1885. It is divided into three parts: The Metamorphoses of Capital and Their Circuits, The Turnover of Capital and The Reproduction and Circulation of the Aggregate Social Capital. In Volume II, the main ideas behind the marketplace are to be found: how value and surplus-value are realized. Its dramatis personae are not so much the worker and the industrialist, but rather the money owner (and money lender), the wholesale merchant, the trader and the entrepreneur or functioning capitalist. |
| karl marx capital volume 1: Karl Marx and the Birth of Modern Society Michael Heinrich, 2019-07-02 A new, comprehensive biography of the life and work of Karl Marx For over a century, Karl Marx’s critique of capitalism has been a crucial resource for social movements. Now, recent economic crises have made it imperative for us to comprehend and actualize Marx’s ideas. But without a knowledge of Karl Marx’s life as he lived it, neither Marx nor his works can be fully understood. There are more than twenty-five comprehensive biographies of Marx, but none of them consider his life and work in equal, corresponding measure. This biography, planned for three volumes, aims to include what most biographies have reduced to mere background: the contemporary conflicts, struggles, and disputes that engaged Marx at the time of his writings, alongside his complex relationships with a varied assortment of friends and opponents. This first volume will deal extensively with Marx’s youth in Trier and his studies in Bonn and Berlin. It will also examine the function of poetry in his intellectual development and his first occupation with Hegelian philosophy and with the so-called “young Hegelians” in his 1841 Dissertation. Already during this period, there were crises as well as breaks in Marx’s intellectual development that prompted Marx to give up projects and re-conceptualize his critical enterprise. This volume is the beginning of an astoundingly dimensional look at Karl Marx – a study of a complex life and body of work through the neglected issues, events, and people that helped comprise both. It is destined to become a classic. |
| karl marx capital volume 1: Principles of Political Economy John Stuart Mill, 1884 |
| karl marx capital volume 1: An Introduction to Marx’s ‘Capital’ Ranganayakamma, Karl Marx’s ‘Capital’ is a work that discusses scientifically not only economic and political issues but also the entire process of development of human society. ‘Capital’ consists of 4 volumes. The title of the first volume is ‘Process of Production of Capital’. This contains 8 parts and a total of 21 chapters. The title of the second volume is ‘Process of Circulation of Capital’. This contains 3 parts. The total number of chapters is 21. The title of the third volume is ‘Process of capitalist production as a whole’. This contains 7 parts. The total number of chapters is 52. The fourth volume is in the form of three separate volumes, each one of which is called a ‘part’. The common title of all the three parts is ‘Theories of Surplus Value’. All the three parts contain a total of 24 chapters. Each one of these 3 parts has an ‘Addendum’. All these, as a whole, constitute ‘Capital’. This book is an introduction to Marx's Capital. |
| karl marx capital volume 1: Understanding the Economic Basics and Modern Capitalism Dan Blatt, 2014-09-24 UNDERSTANDING of the economic successes and failures of the past century and today begins here. Dan Blatt, after almost a half-century of accurate published economic forecasts, examines historys most important economic works. He shows why capitalist market mechanisms successfully raise billions out of poverty and why socialist and other administered alternatives flourish briefly and then collapse. UNDERSTANDING begins with the basic texts: An Inquiry into the Nature and Causes of the Wealth of Nations, by Adam Smith; The Principles of Political Economy and Taxation, by David Ricardo; Capital (Das Kapital), by Karl Marx; The General Theory of Employment, Interest and Money, by John Maynard Keynes; Capitalism, Socialism, and Democracy by Joseph A. Schumpeter. The analysis is readily comprehensible for college level readers and busy professionals. The style facilitates speed-reading and scanning but with liberal inclusion of quoted material covering the key ideas and most famous passages. Understanding the Economic Basics and Modern Capitalism is your source for rapid familiarity with these basic works and the reasons for the repetitive failure of current economic policies. |
| karl marx capital volume 1: Capital Karl Marx, 2015-01-28 Capital: A Critique of Political Economy by Karl Marx, is a critical analysis of political economy, intended to reveal the economic laws of the capitalist mode of production. In Capital: Critique of Political Economy (1867), Karl Marx proposes that the motivating force of capitalism is in the exploitation of labour, whose unpaid work is the ultimate source of surplus value and then profit both of which concepts have a specific meaning for Marx. The employer is able to claim the right to profits because he or she owns the productive capital assets (means of production), which are legally protected by the capitalist state through property rights (the historical section shows how this right was acquired in the first place chiefly through plunder and conquest and the activity of the merchant and 'middle-man'). In producing capital (money) as well as commodities (goods and services), the workers continually reproduce the economic conditions by which they labour. Capital proposes an explanation of the laws of motion of the capitalist economic system, from its origins throughout its future, by describing the dynamics of the accumulation of capital, the growth of wage labour, the transformation of the workplace, the concentration of capital, commercial competition, the banking system, the decline of the profit rate, land-rents, et cetera. Capital, Volume I (1867) is a critical analysis of political economy, meant to reveal the contradictions of the capitalist mode of production, how it was the precursor of the socialist mode of production, and of the class struggle rooted in the capitalist social relations of production. The first of three volumes of Das Kapital, Kritik der politischen Okonomie (Capital: Critique of Political Economy) was published on 14 September 1867, dedicated to Wilhelm Wolff, and was the sole volume published in Marx's lifetime. The purpose of Capital: Critique of Political Economy (1867) was a scientific foundation for the politics of the modern labour movement; the analyses were meant to bring a science, by criticism, to the point where it can be dialectically represented and so reveal the law of motion of modern society to describe how the capitalist mode of production was the precursor of the socialist mode of production. The argument is a critique of the classical economics of Adam Smith, David Ricardo, John Stuart Mill, and Benjamin Franklin, drawing on the dialectical method that G.W.F. Hegel developed in The Science of Logic and The Phenomenology of Spirit; other intellectual influences upon Capital were the French socialists Charles Fourier, Comte de Saint-Simon, Sismondi and Pierre-Joseph Proudhon; and the Greek philosophers, especially Aristotle. |
| karl marx capital volume 1: Marx's Inferno William Clare Roberts, 2016-12-20 Marx’s Inferno reconstructs the major arguments of Karl Marx’s Capital and inaugurates a completely new reading of a seminal classic. Rather than simply a critique of classical political economy, William Roberts argues that Capital was primarily a careful engagement with the motives and aims of the workers’ movement. Understood in this light, Capital emerges as a profound work of political theory. Placing Marx against the background of nineteenth-century socialism, Roberts shows how Capital was ingeniously modeled on Dante’s Inferno, and how Marx, playing the role of Virgil for the proletariat, introduced partisans of workers’ emancipation to the secret depths of the modern “social Hell.” In this manner, Marx revised republican ideas of freedom in response to the rise of capitalism. Combining research on Marx’s interlocutors, textual scholarship, and forays into recent debates, Roberts traces the continuities linking Marx’s theory of capitalism to the tradition of republican political thought. He immerses the reader in socialist debates about the nature of commerce, the experience of labor, the power of bosses and managers, and the possibilities of political organization. Roberts rescues those debates from the past, and shows how they speak to ever-renewed concerns about political life in today’s world. |
| karl marx capital volume 1: A Guide to Marx's 'Capital' Anthony Brewer, 1984-03 The Guide aims to contribute to a better understanding of Marx's masterpiece, Capital. |
| karl marx capital volume 1: Marx's Capital Marcel van der Linden, Gerald Hubmann, 2019 When he died, Marx left his opus Capital unfinished. But how incomplete was the project? This volume offers the first comprehensive answer. |
| karl marx capital volume 1: On Marx's Capital Friedrich Engels, 1960 |
| karl marx capital volume 1: The Bet Anton Chekhov, 1958-01-01 |
| karl marx capital volume 1: CAPITAL Karl Marx, 2023-11-17 In the seminal work, CAPITAL, Karl Marx delves into the intricacies of capitalism, highlighting the exploitation of the working class by the bourgeoisie. Marx's writing is dense and analytical, filled with economic theories and historical examples that provide a comprehensive understanding of the capitalist system. Written in the mid-19th century, the book remains relevant today, offering insights into income inequality and the consolidation of wealth. With a mix of philosophical inquiry and economic analysis, CAPITAL continues to be a foundational text in the study of political economy. Karl Marx, a German philosopher and economist, was deeply influenced by the social injustices of his time, particularly the harsh working conditions endured by industrial laborers. His experiences and observations led him to develop the theory of communism as a response to the inequalities perpetuated by capitalism. CAPITAL is the culmination of Marx's life's work, reflecting his desire for social change and economic equality. I highly recommend CAPITAL to readers interested in political theory, economics, and social justice. Marx's examination of capitalism remains a vital contribution to the understanding of economic systems and their impact on society. |
| karl marx capital volume 1: The Case for Economic Democracy Andrew Cumbers, 2020-04-13 The idea that the people have a right to shape political decisions through democratic means is widely accepted. The same cannot be said of the decisions that impact on our everyday economic life in the workplace and beyond. Andrew Cumbers shows why this is wrong, and why, in the context of the rising tide of populism and the perceived crisis of liberal democracy, economic democracy's time has come. Four decades of market deregulation, financialisation, economic crisis and austerity has meant a loss of economic control and security for the majority of the world's population. The solution must involve allowing people to 'take back control' of their economic lives. Cumbers goes beyond older traditions of economic democracy to develop an ambitious new framework that includes a traditional concern with workplace rights and collective bargaining, but shifts the focus to include consideration of individual economic rights and processes of public engagement and deliberation beyond the workplace. This topical and original book will be essential reading for anyone interested in radical solutions for our economic and political crises. |
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