Capital
A Critique of Political Economy, Volume 3
The third volume of a political treatise that changed the world
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 Capital strives 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. Here, Marx controversially 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. But he also offers an inspirational and compelling prediction; that the end of capitalism will culminate in the birth of a far…
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March 2, 1993Karl 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).