Series:

Wordsworth Classics of World Literature

2 total works

Cover of The Communist Manifesto - with selections from The Eighteenth Brumaire of Louis Bonaparte and Capital by Karl Marxx
Edited by Samuel H. Beer, with key selections from Capital and The Eighteenth Brumaire of Louis Bonaparte, this volume features an especially helpful introduction that serves as a guide to Marxist political and economic theory and to placing the specific writings in their contemporary setting. Included are a bibliography and list of important dates in the life of Karl Marx.

Cover of Capital

Capital

by Karl Marx

Published December 1946

In this volume, Marx explains how profit is spontaneously regulated by the market mechanism despite the anarchic character of social production as a whole. Marx shows the potential and the limitations of the market inhis famous reproduction schema. But he does much more besides. He demonstrates the possibility of crises, the disruptive effects of the circulation of fixed captial, and he lays the theoretical foundations for analysing unproductive labour. These are of crucial theoretical importance, retaining their relevance for revealing the anatomy of modern captialism. In addition, through the presentation of the turnover and the circuits of capital, Marx mounts a powerful critique of certain economic theories.