Das Kapital is a comprehensive critique of capitalism written by Karl Marx. The work is divided into three volumes. Volume I, published in 1867, focuses on the production process of capital, introducing the concept of surplus value and the exploitation of labor. Volume II, published posthumously in 1885, examines the circulation of capital, while Volume III, published in 1894, discusses the capitalist process as a whole, including the internal differentiation of the capitalist class and the tendency of the rate of profit to fall. Marx argues that capitalism is characterized by the exploitation of labor, leading to class conflict and eventual crises that necessitate the emergence of a new mode of production[1][4][5].
Karl Marx (1818-1883) was living in exile in England when he embarked on an ambitious, multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx's lifetime, it would become one of the most consequential books in history.
This magnificent new edition of Capital (Princeton UP, 2024) is a translation of Marx for the twenty-first century. It is the first translation into English to be based on the last German edition revised by Marx himself, the only version that can be called authoritative, and it features extensive commentary and annotations by Paul North and Paul Reitter that draw on the latest scholarship and provide invaluable perspective on the book and its complicated legacy. At once precise and boldly readable, this translation captures the momentous scale and sweep of Marx's thought while recovering the elegance and humor of the original source.
For Marx, our global economic system is relentlessly driven by "value"--to produce it, capture it, trade it, and, most of all, to increase it. Lifespans are shortened under the demand for ever-greater value. Days are lengthened, work is intensified, and the division of labor deepens until it leaves two classes, owners and workers, in constant struggle for life and livelihood. In Capital, Marx reveals how value came to tyrannize our world, and how the history of capital is a chronicle of bloodshed, colonization, and enslavement.
With a foreword by Wendy Brown and an afterword by William Clare Roberts, this is a critical edition of Capital for our time, one that faithfully preserves the vitality and directness of Marx's German prose and renders his ideas newly relevant to modern readers.
An audiobook narrated by Simon Vance is available here.
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