Das Kapital: A Critique of Political EconomyOne 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'. |
Contents
VALUE | |
EXCHANGE | |
Capital | |
THE BUYING AND SELLING OF LABOR | |
Value | |
CONSTANT CAPITAL AND VARIABLE | |
THE RATE OF SURPLUSVALUE | |
THE CONCEPT OF RELATIVE SURPLUS | |
COOPERATION | |
DIVISION OF LABOR AND MANUFACTURE | |
MANUFACTURE | |
MACHINERY AND MODERN INDUSTRY | |
REGARDS THE WORKPEOPLE DISPLACED | |
THE TRANSFORMATION OF THE VALUE | |
TIMEWAGES | |
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Common terms and phrases
accumulation actual additional already amount appears assume average becomes capital capitalist production character circulation coat coin commodities consequently consider constant constantly consumed consumption continually converted creates daily definite depends determined directly division of labor economic embodied employed equal equation equivalent exchange existence expended exploitation expression extent fact fall function given gold greater hand Hence human labor increase independent individual industry kind labor-power labor-process labor-time latter less limits linen machinery magnitude manufacture mass material means of production measure merely mode nature necessary object original owner particular period portion process of production productiveness of labor proportion purchase quantity relation relative remains replaced represents reproduction result rise scale serves shape shillings simple single social society subsistence supply surplus surplus-value takes thing transformation use-value wages wealth whole yarn