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Capital: Volume 3: A Critique of Political Economy

Karl Marx and Eric Lane


  • Paperback
    $28.01
PUBLISHED: 31st March 1993
ISBN: 9780140445701
ANNOTATION:
Asserts that - regardless of the efforts of individual capitalists, public authorities or even generous philanthropists - any market economy is inevitably doomed to endure a series of worsening, explosive crises leading finally to complete collapse.
Capital: Volume 3: A Critique of Political Economy
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  • Paperback
    $28.01
PUBLISHED: 31st March 1993
ISBN: 9780140445701
ANNOTATION:
Asserts that - regardless of the efforts of individual capitalists, public authorities or even generous philanthropists - any market economy is inevitably doomed to endure a series of worsening, explosive crises leading finally to complete collapse.

Annotation

Asserts that - regardless of the efforts of individual capitalists, public authorities or even generous philanthropists - any market economy is inevitably doomed to endure a series of worsening, explosive crises leading finally to complete collapse.

Publisher Description

It is in this third volume that Marx sets out his central thesis that "the basic laws of motion of the capitalist mode of production lead to explosive crises and its ultimate collapse". Here we find not only a sustained economic and social description of capitalism as a system and the bourgeoisie as a class but also a full statement of why declining rates of profit and periodic crises of overproduction spell the inevitable end of capitalism and the likely birth of a far better society. This book was published by Engels in 1894.

Author Biography

Karl Marx was born in 1818 in Trier, Germany and studied in Bonn and Berlin. Influenced by Hegel, he later reacted against idealist philosophy and began to develop his own theory of historical materialism. He related the state of society to its economic foundations and mode of production, and recommended armed revolution on the part of the proletariat. Together with Engels, who he met in Paris, he wrote the Manifesto of the Communist Party. He lived in England as a refugee until his death in 1888, after participating in an unsuccessful revolution in Germany. Ernst Mandel was a member of the Belgian TUV from 1954 to 1963 and was chosen for the annual Alfred Marshall Lectures by Cambridge University in 1978. He died in 1995 and the Guardian described him as 'one of the most creative and independent-minded revolutionary Marxist thinkers of the post-war world.' Translated by David Fernbach with an introduction by Ernest Mandel

Product Details

Author
Karl Marx, Eric Lane
Publisher
Penguin Books
Series
Capital
Language
English
Translator
David Fernbach
ISBN-10
0140445706
ISBN-13
9780140445701
Media
Book
Series Number
3
Year
1993
Publication Date
1993-03-31
Country of Publication
United Kingdom
Translated from
German
Edition
1st
Pages
1152
Format
Paperback
Residence
GW
Short Title
CAPITAL REV/E 3/E
Edition Description
Revised
Subtitle
Volume III