Capital: Volume I

Front Cover
Penguin UK, Feb 5, 2004 - Political Science - 1152 pages

'A groundbreaking work of economic analysis. It is also a literary masterpice' Francis Wheen, Guardian

One of the most notorious and influential works of modern times, 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. 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 throughout the world, to become a work described by Marx's collaborator Friedrich Engels as 'the Bible of the working class'.

Translated by BEN FOWKES with an Introduction by ERNEST MANDEL

 

Selected pages

Contents

Introduction by Ernest Mandel
Postface to the Second Edition
Preface to the French Edition
The Commodity
form
The Fetishism of the Commodity and Its Secret
Money or the Circulation of Commodities
The General Formula for Capital
Domestic Industry
The Hastening of this Revolution by the Application of the Factory Acts to those Industries
Legislation in England
The Production of Absolute and Relative SurplusValue
Changes of Magnitude in the Price of LabourPower and in SurplusValue
Simultaneous Variations in the Duration Productivity and Intensity of Labour
The Transformation of the Value and Respectively the Price of LabourPower
TimeWages

The Sale and Purchase of LabourPower
Constant Capital and Variable Capital
the Product
Working Day from the Middle of the Fourteenth to the End of the Seventeenth Century
Other Countries
The Concept of Relative SurplusValue
The Division of Labour and Manufacture
Machinery and Largescale Industry
and Children
Crises in the Cotton Industry
PieceWages
Simple Reproduction
The Transformation of SurplusValue into Capital
into Capital and Revenue Determine the Extent of Accumulation namely the Degree
The General Law of Capitalist Accumulation
Capitalist Accumulation
SoCalled Primitive Accumulation
Bloody Legislation against the Expropriated since the End of the Fifteenth
The Historical Tendency of Capitalist Accumulation
Copyright

Other editions - View all

Capital: A Critique of Political Policy
Karl Marx
Snippet view - 1977
Capital: A Critique of Political Economy, Volume 1
Karl Marx
Snippet view - 1976
Capital: A Critique of Political Policy
Karl Marx
Snippet view - 1977
View all »

Common terms and phrases

12 hours 31 October Adam Smith amount appears average becomes bourgeois capitalist mode capitalist production commodity constant capital consumed cotton division of labour economic economists employed England English exchange exchange-value existence exploitation expression fact Factory Act form of value function given gold hand Hence human labour increase independent individual Inspectors of Factories instruments of labour Karl Marx labour process labour-time living labour London machine machinery magnitude manufacture Marx mass means of production means of subsistence mode of production nature necessary labour number of workers objectified owner Political Economy population price of labour process of production productivity of labour profit proportion quantity of labour rate of surplus-value raw material relation relations of production Reports reproduction shillings social labour society spindles surplus labour theory things trade transformed use-value valorization value of labour-power variable capital wage-labour wages wealth yarn

About the author (2004)

Karl Marx was born in 1818 in Trier, Germany and studied in Bonn and Berlin. Influenced by Hegel, he later reacted against idealist philosophy and began to develop his own theory of historical materialism. He related the state of society to its economic foundations and mode of production, and recommended armed revolution on the part of the proletariat. Together with Engels, who he met in Paris, he wrote the Manifesto of the Communist Party. He lived in England as a refugee until his death in 1888, after participating in an unsuccessful revolution in Germany.

Ernst Mandel was a member of the Belgian TUV from 1954 to 1963 and was chosen for the annual Alfred Marshall Lectures by Cambridge University in 1978. He died in 1995 and the Guardian described him as 'one of the most creative and independent-minded revolutionary Marxist thinkers of the post-war world.'

Bibliographic information

TitleCapital: Volume I
AuthorKarl Marx
Translated byBen Fowkes
ContributorErnest Mandel
PublisherPenguin UK, 2004
ISBN0141920602, 9780141920603
Length1152 pages
Subjects ›  › 

Business & Economics / Economics / Theory
Political Science / History & Theory
Political Science / Political Ideologies / Communism, Post-Communism & Socialism
  
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