A landmark work in the understanding of capitalism bourgeois society and the economics of class conflict Karl Marxs Capital is translated by Ben Fowkes with an introduction by Ernest Mandel in Penguin Classics. One of the most notorious works of modern times as well as one of the most influential Capital is an incisive critique of private property and the social relations it generates. Living in exile in England where this work was largely written Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties particularly in Russia and Germany and ultimately throughout the world to become a work described by Marxs friend and collaborator Friedrich Engels as the Bible of the Working Class In his introduction Ernest Mandel illuminates a revolutionary theory whose impact on the turbulent events of the twentieth century has become ever more apparent. Karl Marx (1818-1883) was born in Trier Germany and studied law at Bonn and Berlin. In 1848 with Freidrich Engels he finalized the Communist Manifesto. He settled in London where he studied economics and wrote the first volume of his major work Das Kapital (1867 with two further volumes in 1884 and 1894). He is buried in Highgate Cemetery London. If you enjoyed Capital you might like Marx and Engels The Communist Manifesto also available in Penguin Classics.
