A classic of early modernism, Capital combines vivid historical detail with economic analysis to produce a bitter denunciation of mid-Victorian capitalist society. It has also proved to be the most influential work in social science in the twentieth century; Marx did for social science what Darwin had done for biology. Millions of readers this century have treated Capital as a sacred text, subjecting it to as many different interpretations as the Bible itself. No mere work of dry economics, Marx's great work depicts the unfolding of industrial capitalism as a tragic drama - with a message which has lost none of its relevance today. This is the only abridged edition to take account of the whole of Capital. It offers virtually all of Volume 1, which Marx himself published in 1867, excerpts from a new translation of 'The Result of the Immediate Process of Production', and a selection of key chapters from Volume 3, which Engels published in 1895.

First published in 1867, Capital, or Das Kapital, is the infamous treatise on economics and capitalism by Prussian revolutionary KARL MARX (1818-1883), who changed history with his 1848 book The Communist Manifesto. In this work, edited by Marx's friend, German philosopher FRIEDRICH ENGELS (1820-1895), Marx systematically analyzes the way the capitalist machine functions. In this academic work written for students and serious thinkers, he explores wages, competition, banking, rent, and the natural laws that seem to govern the development of capitalism without any oversight by the society in which it developed. Originally published in three volumes, Capital is here presented in five volumes. Volume III, Part 1 covers: . The Conversion of Surplus-Value into Profit and of the Rate of Surplus-Value into the Rate of Profit . Conversion of Profit into Average Profit . The Law of the Falling Tendency of the Rate of Profit . Transformation of Commodity-Capital and Money-Capital Into Commercial Capital and Financial Capital . Division of Profit Into Interest and Profits of Enterprise

Karl Marx's 'Capital: The Process of Capitalist Production' is a foundational work in the realm of political economy and critical theory. This book delves into the intricacies of capitalism, examining the exploitation of labor, the dynamics of class struggle, and the mechanisms of surplus value extraction. Marx's writing is characterized by its rigorous analysis, dense theoretical framework, and historical context, making it a challenging yet rewarding read for those interested in understanding the inner workings of capitalist societies. The detailed examination of economic principles and power dynamics is a testament to Marx's keen intellect and commitment to social critique. 'Capital' serves as a seminal text in Marxist literature, influencing generations of scholars, activists, and policymakers in their understanding of capitalism and its implications for society. It remains a vital resource for anyone seeking to engage critically with the economic structures that shape our world today.

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