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Capital: A Critique of Political Economy (Volume II)
Unavailable
Capital: A Critique of Political Economy (Volume II)
Unavailable
Capital: A Critique of Political Economy (Volume II)
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Capital: A Critique of Political Economy (Volume II)

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Karl Marx’s second volume in his monumental criticism of capitalism was prepared by Friedrich Engels from notes left for him and published in 1885 two years after Marx’s death. The work is organized into the following three sections: 1. The Metamorphoses of Capital and Their Circuits, 2. The Turnover of Capital, and 3. The Reproduction and Circulation of the Aggregate Social Capital. Where the first volume of Capital focuses mainly on the worker and the industrialist, volume two turns its attention more to the owners of capital, merchants, traders, and entrepreneurs. While this work has been largely overshadowed by its predecessor as well as many of Marx’s other works, its contributions to the economic analysis of commodities are undoubtedly worthy additions to the corpus of political economic theory. Though history will most likely continue to charge that Marx’s recommendations for solving the inadequacies of the capitalistic system as a failure, his analysis regarding those inadequacies will most assuredly continue be considered as a highly thoughtful analysis of the impact of capitalism upon society and may yet one day help to reform the persistent injustices that seem to be inherent within such a system.
LanguageEnglish
Release dateJan 1, 2015
ISBN9781420950700
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Capital: A Critique of Political Economy (Volume II)
Author

Karl Marx

Described as one of the most influential figures in human history, Karl Marx was a German philosopher and economist who wrote extensively on the benefits of socialism and the flaws of free-market capitalism. His most notable works, Das Kapital and The Communist Manifesto (the latter of which was co-authored by his collaborator Friedrich Engels), have since become two of history’s most important political and economic works. Marxism—the term that has come to define the philosophical school of thought encompassing Marx’s ideas about society, politics and economics—was the foundation for the socialist movements of the twentieth century, including Leninism, Stalinism, Trotskyism, and Maoism. Despite the negative reputation associated with some of these movements and with Communism in general, Marx’s view of a classless socialist society was a utopian one which did not include the possibility of dictatorship. Greatly influenced by the philosopher G. W. F. Hegel, Marx wrote in radical newspapers from his young adulthood, and can also be credited with founding the philosophy of dialectical materialism. Marx died in London in 1883 at the age of 64.

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