The product of a decade of research and redrafting, the book applies class analysis to capitalism focusing upon production. According to marx, it was not the pressure of population that drove wages to the subsistence level but rather the existence of a large army of unemployed, which he blamed on the capitalists. A historical document and a valuable critique and insight into the capitalist system of the 18th century, that is. The german side of the text also uses the translations of the footnotes from marx engels werke, and i thank karl dietzverlag in berlin for permission to do so. From kapital sprung the economic and political systems that at one time dominated half the earth and for nearly a century kept the world on the brink of war. He maintained that within the capitalist system, labour was a mere commodity that. Marx aimed to reveal the economic patterns underpinning the capitalist mode of. Kapital lekturekurs, 2 quellen im literaturverzeichnis, sprache.
Capital from 1867, from the collection of the international institute of. Penguin edition mar76 on the english side, and to the german marx engels werke mar62 on the german side. Karl marx was a doctor of philosophy and a wellknown rebel when he wrote this work. Preface to the first german edition marx, 1867 the work, the first volume of which i now submit to the public. First english edition of 1887 4th german edition changes included as indicated with some. Fabrikant, tat in einer wahrend des deutschfranzosischen kriegs veroffentllichten.
Since the financial crash, peoples thinking has changed and they are trying to understand if the capitalist system is going to destroy itself. His key to explaining capitalism is his labor theory of value, which he developed from ideas of adam smith and david ricardo. Marxists internet archive here you can find pretty much any major marxist work thats in the public domain. Critique of political economy, by karl marx, is a critical analysis of political economy, meant to reveal the economic laws of the capitalist mode of production. Everyday low prices and free delivery on eligible orders. On top of that, karls rival economists were writing defenses of these factory owners actions. In this monumental work, marx argued that capitalism is both inefficient and immoral, relying upon the exploitation of workers by owners of capital. Following marxs death in 1883, the second and third volumes were edited from marxs manuscripts and seen through the press by friedrich engels, with the present second volume published in 1885, and the third volume in 1894. Marx, 1867 the work, the first volume of which i now submit to the public, forms the continuation of my. Even today, more than one billion chinese citizens live under a regime that proclaims fealty to marxist ideology. He fails to explain how these financial mechanisms can be so useful indeed, admittedly essential and yet not contribute to the value created by the system.
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