Capital
A Critique of Political Economy, Volume 1
The first volume of a political treatise that changed the world
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 create fresh insights. Arguing that capitalism would cause 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 in Germany, and ultimately throughout the world, to become a work described…
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May 5, 1992Karl Marx (1818–1883) was a philosopher, social scientist, historian, and revolutionary. He is without a doubt the most influential socialist thinker to emerge in the nineteenth century. Although he was largely ignored by scholars in his own lifetime, his social, economic, and political ideas gained rapid acceptance in the socialist movement after his death. In Paris, Marx developed his lifelong partnership with Friedrich Engels (1820–1895).