What is capital according to Karl Marx?
Capital can be defined as that amount of wealth which is used in making profits and which enters into the accounts.” Karl Marx adds a distinction that is often confused with David Ricardo’s. In Marxian theory, variable capital refers to a capitalist’s investment in labor-power, seen as the only source of surplus-value.
Should I read Karl Marx’s Capital?
It’s a fantastic book, and you should read it! Capital is worthwhile for its historical significance alone, both to politics in the last 150 years and to philosophical and intellectual developments. But it’s also a highly relevant book to our current times.
What genre is capital by Marx?
Treatise
Das Kapital/Genres
How many pages is Capital by Karl Marx?
1134 pages
In this edition, page numbers are just like the physical edition. Length: 1134 pages.
What does Das Kapital talk about?
In Das Kapital (1867), Marx proposes that the motivating force of capitalism is in the exploitation of labor, whose unpaid work is the ultimate source of surplus value. The critique of the political economy of capitalism proposes: Wage-labour is the basic “cell-form” (trade unit) of a capitalist society.
Where did Karl Marx write his book Capital?
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.
Is the Das Kapital Volume 1 based on communism?
After reading “Das Kapital Volume I”, I had to continue reading this awesome analysis! To begin, this is NOT a read based on dogmatic views of communism like Marx’s Communist Manifesto. The Capital Volumes are actually based on a more scientific basis regarding the inter workings of a capitalist economy.
Who was Karl Marx and what did he do?
Karl 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,… More about Karl Marx
Are there any sections left out of Das Kapital?
As far as circumstances in any way permit, many points only hinted at in the earlier book are here worked out more fully, whilst, conversely, points worked out fully there are only touched upon in this volume. The sections on the history of the theories of value and of money are now, of course, left out altogether.