Capital
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Product Description
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 Das Kapital strove 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 asserts controversially 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 healso offers an inspirational and compelling prediction: that the end of capitalism will culminate, ultimately, in the birth of a far greater form of society.
About the Author
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.'
Translated by David Fernbach with an introduction by Ernest Mandel
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In Volume 1 we investigated the phenomena exhibited by the process of capitalist production, taken by itself, i.e. the immediate production process, in which connection all secondary influences external to this process were left out of account. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
In Volume 1 we investigated the phenomena exhibited by the process of capitalist production, taken by itself, i.e. the immediate production process, in which connection all secondary influences external to this process were left out of account. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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1 of 1 people found the following review helpful
Format:Paperback
This third volume I found the trickiest. It is considered the most controversial because if my memory serves me correctly (it was a while ago that I browsed through it) this was where Marx came across the "transformation problem" that really caused a split between later Marxists such as David Harvey (who chose to accept that Marx failed to solve it) and Andrew Kliman (who still clings to a more orthodox view.)
I admit I didn't finish the entire thing and still haven't today, and I am not a Marxist, but I see below some fool has given it 1 star and gone off on a tirade about communism and totalitarianism, without even attacking the substance of the book or the actual economic principles contained within.
I'll give it 4 stars to counter it and give the book a fairer overall rating.
I admit I didn't finish the entire thing and still haven't today, and I am not a Marxist, but I see below some fool has given it 1 star and gone off on a tirade about communism and totalitarianism, without even attacking the substance of the book or the actual economic principles contained within.
I'll give it 4 stars to counter it and give the book a fairer overall rating.
42 of 55 people found the following review helpful
Format:Paperback
Karl Marx demonstrated that their is an alternative to the barbaric system of capitalism which is not utopian but actually thoroughly scientific. This great work is as relevant today as it always was.
14 of 356 people found the following review helpful
Format:Paperback
The book that spawned the deaths of over 100 million people in the 20th Century is, ironically, only a boring litany of economic fallacies. The poverty of the labor theory of value, the absurdity of economic progress without a price system, and the necessary terror that accompanies socialism are all exposed in detail in George Reisman's CAPITALISM. All of you poor proletarians with computers out to read how effortlessly a real economist dismantles your dogma.
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