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Capital
Volume III
Series: Capital
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Capital
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Capital
Asserts that - regardless of the efforts of individual capitalists, public authorities or even generous philanthropists - any market economy is inevitably doomed to endure a series of worsening, explosive crises leading finally to complete collapse.
Unfinished at the time of Marx's death in 1883 and first published with a preface by Frederick Engels in 1894, the third volume of Das Kapital strove to combine the theories and concepts of the two previous volumes in order to prove conclusively that capitalism is inherently unworkable as a permanent system for society.
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Description
It is in this third volume that Marx sets out his central thesis that "the basic laws of motion of the capitalist mode of production lead to explosive crises and its ultimate collapse". Here we find not only a sustained economic and social description of capitalism as a system and the bourgeoisie as a class but also a full statement of why declining rates of profit and periodic crises of overproduction spell the inevitable end of capitalism and the likely birth of a far better society.
Capital was published by Engels in 1894.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Capital by Karl Marx is highly regarded as a foundational text in understanding the intricacies of capitalist economies. Reviews laud its in-depth analysis of the production processes, class struggles, and inherent contradictions within capitalism. While some find the dense theoretical concepts challenging, others appreciate its profound impact on economic thought and political philosophy.
Book Details
INFORMATION
ISBN: 9780140445701
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 27 August 1992
Country: United Kingdom
Imprint: Penguin Classics
Edition: 3rd edition
Contributors:
- Translated by David Fernbach
- Introduction by Ernest Mandel
Audience: General / adult
DIMENSIONS
Spine width: 47.0mm
Width: 129.0mm
Height: 197.0mm
Weight: 742g
Pages: 1088
About the Author
Karl Marx was born in 1818 in Trier, Germany and studied in Bonn and Berlin. Influenced by Hegel, he later reacted against idealist philosophy and began to develop his own theory of historical materialism. He related the state of society to its economic foundations and mode of production, and recommended armed revolution on the part of the proletariat. Together with Engels, who he met in Paris, he wrote the Manifesto of the Communist Party. He lived in England as a refugee until his death in 1888, after participating in an unsuccessful revolution in Germany. Ernst Mandel was a member of the Belgian TUV from 1954 to 1963 and was chosen for the annual Alfred Marshall Lectures by Cambridge University in 1978. He died in 1995 and the Guardian described him as 'one of the most creative and independent-minded revolutionary Marxist thinkers of the post-war world.' Translated by David Fernbach with an introduction by Ernest Mandel
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