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By Karl Marx

A landmark paintings within the knowing of capitalism, bourgeois society and the economics of sophistication clash, Karl Marx's Capital is translated by means of Ben Fowkes with an creation via Ernest Mandel in Penguin Classics.

One of the main infamous works of recent occasions, in addition to the most influential, Capital is an incisive critique of personal estate and the social kinfolk it generates. dwelling in exile in England, the place this paintings used to be principally written, Marx drew on a wide-ranging wisdom of its society to aid his research and generate clean insights. Arguing that capitalism may create an ever-increasing department in wealth and welfare, he expected its abolition and substitute by means of a method with universal possession of the technique of creation. Capital swiftly got readership one of the leaders of social democratic events, fairly in Russia and Germany, and eventually during the international, to turn into a piece defined by way of Marx's pal and collaborator Friedrich Engels as 'the Bible of the operating Class.'

In his advent, Ernest Mandel illuminates a innovative concept whose effect at the turbulent occasions of the 20 th century has turn into ever extra obvious.

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Extra info for Capital: A Critique of Political Economy, Volume 1

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Was this the result of its ideological content? Not if we mean by this its ideological answers. After all, the answers that ideologies give to the "meaning of life" questions are not all that varied. D. ) still remain after the answer has been given. Why then do a few ideological movements conquer their region, even much of the world, whereas most do not? The explanation for the difference may reside less in the answers ideologies provide than in the way they set about answering. Ideological movements argue that human problems can be overcome with the aid of transcendent, sacred authority, authority that cuts through and across the ''secular" reach of economic, military, and political power institutions.

As all but the most fervent materialists recognize, where meaning, norms, and aesthetic and ritual practices are monopolized by a distinctive group, it may possess considerable extensive and intensive power. It can exploit its functionality and build distributive on top of collective power. In later chapters I analyze the conditions under which an ideological movement can attain such power, as well as its overall extent. Religious movements provide the most obvious examples of ideological power, but more secular examples in this volume are the cultures of early Mesopotamia and classical Greece.

Through historical comparison we can see that the most significant problems of our own time are novel. That is why they are difficult to solve: They are interstitial to institutions that deal effectively with the more traditional problems for which they were first set up. But, as I shall suggest, all societies have faced sudden and interstitial crises, and in some cases humanity has emerged enhanced. At the end of a long historical detour, I hope to demonstrate the relevance of this model for today in Volume II.

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