A landmark work in the understanding of capitalism, bourgeois society and the economics of class conflict, Karl Marx's Capital is translated by Ben Fowkes with an introduction by Ernest Mandel in Penguin Classics.
Presents a critique of private property and the social relations it generates. This book argues that capitalism would create an ever-increasing division in wealth and welfare, predicting its abolition and replacement by a system with common ownership of the means of production.
A landmark work in the understanding of capitalism, bourgeois society and the economics of class conflict, Karl Marx's Capital is translated by Ben Fowkes with an introduction by Ernest Mandel in Penguin Classics.
Presents a critique of private property and the social relations it generates. This book argues that capitalism would create an ever-increasing division in wealth and welfare, predicting its abolition and replacement by a system with common ownership of the means of production.
One of the most influential political and philosophical texts ever writtenOne 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 was born in 1818 in Trier, Prussia. While attending university in Berlin he was influenced by the ideas of the philosopher Hegel and his critics, the Young Hegelians, but Marx eventually rejected both schools of thought. He quickly earned the reputation of a revolutionary and left Germany for Paris, where he met his lifelong friend and collaborator, Friedrich Engels. Together they wrote and published The Communist Manifesto, which was published in 1848, just before the first wave of revolutions in France. Marx returned to Germany but his radical activities led to expulsion, whereupon he moved to London. There, Marx and Engels collaborated on further works on economics and contemporary politics. Marx also wrote his major treatise, Das Kapital, but only the first volume was published in his lifetime. Marx died in poverty on March 14, 1883, and was buried in Highgate Cemetery.
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