Capital, Volume One: The Process of Production of Capital

Capital, Volume One: The Process of Production o

Capital, Volume One: The Process of Production of Capital, by Karl Marx, is a foundational text of the Marxist school of economic thought. It is a critical analysis of capitalism and its implications for the working class. The book is divided into three parts. The first part examines the concept of capital and its role in the production process. It looks at the various forms of capital, such as money, land, and labor, and how they interact with each other. The second part examines the process of production and how it is affected by capital. It looks at the various stages of production, from the extraction of raw materials to the sale of the finished product. The third part examines the implications of the capitalist system for the working class, including the exploitation of labor and the concentration of wealth in the hands of the few. The book is an essential read for anyone interested in understanding the dynamics of capitalism and its effects on society.

By Karl Marx · First published 1867 · Genre: Political Theory, Philosophy, Economics · 33 chapters · 409,873 words

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Section 1: The Two Factors of a Commodity: Use-Value and Value (The Substance of Value and the Magnitude of Value)

The wealth of those societies in which the capitalist mode of production prevails, presents itself as "an immense accumulation of commodities," [Footnote 1] its unit being a single commodity. Our investigation must therefore begin with the analysis of a commodity.

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capitalism · production · labor · value · surplus value · class struggle · economic theory · political economy · materialism · social relations · commodity · exploitation

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