Capital

Capital

by Karl Marx
Epub (Kobo), Epub (Adobe)
Publication Date: 07/12/2016

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Capital [Das Kapital] is a ground-breaking work of economic analysis, one of the most significant essays ever devised by the 19th-century economist and philosopher Karl Marx in which he expounded his theory of the capitalist system, its dynamism, and its tendencies toward self-destruction.


Marx’s views about the way social relationships in capitalism are skewed by the power given to objects and the force of economic imperatives led to 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 felt that because all profit results from the “exploitation of labor,” the rate of profit—the amount per unit of total capital outlay—depends largely on the number of workers employed.


Even today, more than one billion Chinese citizens live under a regime that proclaims fealty to Marxist ideology.


Capital was the result of thirty years study by Marx on the nature of not only the capitalist economy, but also the social and historical forces that shape interactions among people both within and outside of trade.


This singular global vision provided the economic basis of political systems in Russia, China, Cuba and Eastern Europe, affecting the lives of countless millions of people.


KARL MARX (1818–1883) was a German philosopher, economist, sociologist, journalist, and revolutionary socialist. Marx's theories about society, economics and politics—collectively understood as Marxism—held that states are run in the interests of the ruling class but are nonetheless represented as being in favor of the common interest of all, and that human societies develop through conflicts between ruling classes (the bourgeoisie) that control the means of production and working classes (the proletariat) that work on these means by selling their labor for wages.

ISBN:
1230001459012
1230001459012
Category:
European history
Format:
Epub (Kobo), Epub (Adobe)
Publication Date:
07-12-2016
Language:
English
Publisher:
Editions Artisan Devereaux LLC
Karl Marx

Karl Marx was born in the German city of Trier in 1818. He studied law in Bonn and Berlin at his father's insistence, but his true interests lay elsewhere and, in 1841, he received a doctorate in philosophy from the University of Jena.

For the next two years he wrote for radical left-wing newspapers before moving to Paris with his wife, Jenny; there he became a communist and met his lifelong friend and collaborator, Friedrich Engels.

They published their revolutionary pamphlet, The Communist Manifesto, in 1848 and Marx moved to London a year later. He spent the rest of his life there - often in considerable poverty - while he wrote his magnum opus of political theory, Das Kapital. Karl Marx died in 1883.

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