Das Kapital: Kritik der politischen Ökonomie (German pronunciation: [das kapiˈtaːl]) (Capital, in the English translation) is an extensive treatise on political economy written in German by Karl Marx and edited in part by Friedrich Engels. The book is a critical analysis of capitalism. Its first volume was published in 1867.
The central driving force of capitalism, according to Marx, was in the exploitation and alienation of labour. The ultimate ...
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Das Kapital: Kritik der politischen Ökonomie (German pronunciation: [das kapiˈtaːl]) (Capital, in the English translation) is an extensive treatise on political economy written in German by Karl Marx and edited in part by Friedrich Engels. The book is a critical analysis of capitalism. Its first volume was published in 1867.
The central driving force of capitalism, according to Marx, was in the exploitation and alienation of labour. The ultimate source of capitalist profits and surplus was the unpaid labor of wage laborers. Employers could appropriate the new output value because of their ownership of the productive capital assets—protected by the state. By producing output as capital for the employers, the workers constantly reproduced the condition of capitalism by their labor.
However, though Marx is very concerned with the social aspects of commerce, his book is not an ethical treatise, but an attempt to explain the objective "laws of motion" of the capitalist system as a whole,...
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