First published in 1867, Capital, or Das Kapital, is the infamous treatise on economics and capitalism by Prussian revolutionary KARL MARX (1818-1883), who changed history with his 1848 book The Communist Manifesto. In this work, edited by Marx's friend, German philosopher FRIEDRICH ENGELS (1820-1895), Marx systematically analyzes the way the capitalist machine functions. In this academic work written for students and serious thinkers, he explores wages, competition, banking, rent, and the natural laws that seem to govern the development of capitalism without any oversight by the society in which it developed. Originally published in three volumes, Capital is here presented in five volumes. Volume I, Part II covers: . The Production of Absolute and Relative Surplus-Value . Wages . The Accumulation of Capital . The So-Called Primitive Accumulation
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Karl Heinrich Marx (5 May 1818 - 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. Marx completed his doctoral thesis, titled The Difference Between the Democritean and Epicurean Philosophy of Nature, in 1841 and submitted it to the University of Jena. He was awarded a Ph.D. in April 1841. In 1844, Marx befriended Friedrich Engels, the German socialist and became a revolutionary communist. Marx's The Poverty of Philosophy was published in 1847. Marx and Engels published ""The Communist Manifesto"", a political pamphlet summarizing their theories about the nature of society and politics, in 1848. One of the most important political documents of the world, this monumental text is highly influential and continues to remain widely read. The first volume, Capital, Volume I, of his magnum opus Capital (Das Kapital) was published in 1867. Marx continued to work on the remaining two volumes which were published after his death by Engels. Capital, Volume II was published in 1885 and Capital, Volume III in 1894. Considered to be his masterwork, Capital has been translated into all the major languages.
A classic of early modernism, Capital combines vivid historical detail with economic analysis to produce a bitter denunciation of mid-Victorian capitalist society. It has also proved to be the most influential work in social science in the twentieth century; Marx did for social science what Darwin had done for biology. Millions of readers this century have treated Capital as a sacred text, subjecting it to as many different interpretations as the Bible itself. No mere work of dry economics, Marx's great work depicts the unfolding of industrial capitalism as a tragic drama - with a message which has lost none of its relevance today. This is the only abridged edition to take account of the whole of Capital. It offers virtually all of Volume 1, which Marx himself published in 1867, excerpts from a new translation of 'The Result of the Immediate Process of Production', and a selection of key chapters from Volume 3, which Engels published in 1895.
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