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An economist, sociologist, philosopher, journalist, historian, and revolutionary, Karl Marx was born to a middle-class Jewish family in Trier on May 5, 1818. Marx completed his doctoral thesis, titled The Difference Between the Democritean and Epicurean Philosophy of Nature, in 1841, and submitted it to the University of Jena. He was awarded a Ph.D. in April 1841. In 1844, Marx befriended Friedrich Engels, the German socialist, and became a revolutionary communist. Marxs The Poverty of Philosophy was published in 1847. Marx and Engels published The Communist Manifesto, a political pamphlet summarizing their theories about the nature of society and politics, in 1848. The first volume, Capital, Volume I, of his magnum opus Capital (Das Kapital) was published in 1867. Marx continued to work on the remaining two volumes which were published after his death by Engels. Capital, Volume II was published in 1885 and Capital, Volume III in 1894. Considered to be his masterwork, Capital has been translated into all the major languages. Marx died in London on March 14, 1883, aged sixty-four. .
Money is the alienated essence of mans labour and life; and this alien essence dominates him as he worships it. From the concepts of commodities and money, surplus-value of labour, the accumulation of capital, and its process of circulation, to the conversion of surplus value into profit and transformation of surplus-profit into ground rent, Karl Marxs Capital presents his theory of the capitalist system. Regarded as a significant work of the modern economic thought, this magnum opus is a comprehensive critique on the political economy. This edition contains all the three volumes of the Capital. Out of the three, only the first volume was published by Marx during his lifetime. The remaining two were prepared by Friedrich Engels using Marxs notes. CAPITAL HAS BEEN TRANSLATED INTO ALL THE MAJOR LANGUAGES AND THE INFLUENTIAL THEORIES OF MARX CONTINUE TO ACQUIRE READERSHIP THROUGHOUT THE WORLD.
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