"The labourer, the worker, produces through his labour not only commodities but also wealth for the capitalist."
Unfinished at the time of Marx's death and edited and published posthumously in 1894, this third volume of Capital builds upon the first two volumes and delves deeper into the dynamics of capitalism. Marx combines the theories and concepts explored previously in order to prove that capitalism is inherently unworkable as a permanent system for society, and asserts that any market economy is inevitably doomed to endure a series of worsening crises that will finally lead to complete collapse. He believed that these factors would instigate a revolutionary change, transitioning society toward socialism and ultimately culminating in a classless egalitarian system.
Capital is one of the most influential works of social science ever written, its analysis foundational to the international labour movement, socialist and communist political parties and a wide range of academic disciplines. It remains a seminal text in understanding economic theory, class struggle, and the conditions leading to social change.
Karl Marx (1818–1883) was a German philosopher, historian, sociologist, economist, and revolutionary socialist best known for co-authoring The Communist Manifesto and writing Das Kapital. Due to his political writings, he was forced to live in exile in London, where he continued to develop his thought in collaboration with German thinker Friedrich Engels and publish his writings. His ideas have had enormous influence on political and philosophical thought, laid the foundation for modern communism and have influenced political movements worldwide.
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