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Capital: Volume 1: A Critique of Political…

Capital: Volume 1: A Critique of Political Economy (Penguin Classics) (original 1867; edition 1992)

by Karl Marx, Ben Fowkes (Translator), Ernest Mandel (Introduction)

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2,040145,096 (4.16)18
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'… (more)
Title:Capital: Volume 1: A Critique of Political Economy (Penguin Classics)
Authors:Karl Marx
Other authors:Ben Fowkes (Translator), Ernest Mandel (Introduction)
Info:Penguin Classics (1992), Edition: Reprint, Paperback, 1152 pages
Collections:Your library, Completed (inactive), Book club (completed)

Work details

Capital: A Critique of Political Economy, Vol. 1: The Process of Production of Capital by Karl Marx (1867)

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    Capitalism: The Unknown Ideal (original 1966 edition) by Ayn Rand (mcaution)
    mcaution: Proven time and again from an economic standpoint, Rand provides a much needed defense of capitalism from the philosophic.

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» See also 18 mentions

English (12)  Dutch (1)  French (1)  All languages (14)
Showing 1-5 of 12 (next | show all)
Lost my notes on this book unfortunately, but loved his wit and sense of humor. I was also shocked to see, from his comments on slaves resisting by working slowly and 'accidentally' destroying farm equipment, that he had travelled in the south (of the USA) before the Civil War.

Not an easy read, but worth it anyway despite his errors in thinking (very adversarial...)
5.11.12015 HE
(the Holocene Calendar) ( )
  ShiraDest | Mar 6, 2019 |
Marx was an astute observer in his day and his theories are well reasoned, but only if contained by a myopic Old World cultural viewpoint and bolstered by cynical half-truths regarding human nature. Economic mobility, strong private property rights, democracy, collaboration and the lack of rigid class structures in modern society pulls the rug out from under his theories. The incredible increase in quality of life, wealth, health and longevity of people in capitalist democratic cultures is a testament to that. Meanwhile the Marxist economies of the 20th century have all languished in poverty, war and ruin. Can we put Marx to rest now or will his mythic appeal sucker in another generation of lazy entitled pseudo-intellectual useful idiots? ( )
  Chickenman | Sep 12, 2018 |
Damn! ( )
  AnupGampa | Jun 30, 2018 |
I am not an economist, so this should be the start of my critique. I cannot comment on the economic points made in the book.

Having said that, I must say that this is a book of extreme erudition, and the arguments are well marshalled. It is quite amazing to see how many people today, who claim to be Marxists, actually know almost nothing of what has been written by him.

Now, the odd thing, is that what he writes about workers in the 1800's is something I have seen in many markets today. The effect of rampant capitalism on 'colonial markets' is documented by him, and is practised today, albeit in a more subtle form. This is amazing, as an insight.

It is indeed a book for today as well.

The essays on work conditions, the wage issues, and the link to capitalists is amazing. That a worker actually loans his time to a company is a perspective that had not occurred to me until I read the book. ( )
  RajivC | Jun 20, 2018 |
Beginning with a broad discussion of commodities and their place in capitalist economies, this controversial work by Karl Marx goes on to analyze the Western economic and political systems, while providing a commentary on the nature of value, the role of the working class, and the centrality of the importance of the liberation of humanity from the oppressive class distinctions which Marx sees in the concept of capitalism.
  cw2016 | Feb 22, 2017 |
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» Add other authors (116 possible)

Author nameRoleType of authorWork?Status
Karl Marxprimary authorall editionscalculated
Engels, FriedrichAuthormain authorall editionsconfirmed
Aveling, EdwardTranslatorsecondary authorsome editionsconfirmed
Fowkes, BenTranslatorsecondary authorsome editionsconfirmed
Korsch, KarlIntroductionsecondary authorsome editionsconfirmed
Mandel, ErnestIntroductionsecondary authorsome editionsconfirmed
Moore, SamuelTranslatorsecondary authorsome editionsconfirmed
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The wealth of those societies in which the capitalist mode of production prevails, presents itself as "an immense accumulation of commodities,"[1] its unit being a single commodity.
In the United States of North America, every independent movement of the workers was paralysed so long as slavery disfigured a part of the Republic. Labour cannot emancipate itself in the white skin where in the black it is branded. -- Chapter 10
Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks. -- Chapter 10
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