Synopsis
Capital V3, Part 1, The Process Of Capitalist Production As A Whole: A Critique Of Political Economy (1909) is a seminal work by Karl Marx, the father of communism. This book is the third volume of Marx's magnum opus, Capital, which consists of a comprehensive analysis of the capitalist system. In this volume, Marx focuses on the process of capitalist production as a whole and provides a critique of political economy. Marx argues that capitalism is a system that is inherently exploitative, where the bourgeoisie (the capitalist class) exploits the proletariat (the working class) for their own benefit. He examines the production process and the role of labor in creating value, arguing that labor is the source of all value and that capitalists profit by extracting surplus value from workers. Marx also discusses the relationship between supply and demand, the role of competition in the market, and the tendency of capitalism towards crises and instability. He argues that these crises are an inherent feature of the capitalist system, and that they are caused by the overproduction of goods relative to the purchasing power of the working class. Overall, Capital V3, Part 1, The Process Of Capitalist Production As A Whole: A Critique Of Political Economy (1909) is a seminal work that provides a comprehensive analysis of the capitalist system and its inherent flaws. It is a must-read for anyone interested in economics, politics, and social justice.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
About the Author
Described as one of the most influential figures in human history, Karl Marx was a German philosopher and economist who wrote extensively on the benefits of socialism and the flaws of free-market capitalism. His most notable works, Das Kapital and The Communist Manifesto (the latter of which was co-authored by his collaborator Friedrich Engels), have since become two of history s most important political and economic works. Marxismthe term that has come to define the philosophical school of thought encompassing Marx s ideas about society, politics and economicswas the foundation for the socialist movements of the twentieth century, including Leninism, Stalinism, Trotskyism, and Maoism. Despite the negative reputation associated with some of these movements and with Communism in general, Marx s view of a classless socialist society was a utopian one which did not include the possibility of dictatorship. Greatly influenced by the philosopher G. W. F. Hegel, Marx wrote in radical newspapers from his young adulthood, and can also be credited with founding the philosophy of dialectical materialism. Marx died in London in 1883 at the age of 64.
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