In 'Capital,' Karl Marx unveils the intricate mechanics of capitalism, revealing how it perpetuates class struggle and economic disparity. Through a meticulous exploration of labor, commodity, and value, he exposes the exploitative relationships hiding beneath the surface of wealth. With a bold critique of industrial society, Marx argues that the relentless pursuit of profit leads to societal decay and discontent. His revolutionary ideas challenge the very foundations of capitalism, prompting readers to question the status quo. Dive into this groundbreaking work that continues to influence modern economic thought and societal change.
By Karl Marx
Published: 1992
"The production of too many useful things results in too many useful people."
The first volume of a political treatise that changed the world One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and create fresh insights. Arguing that capitalism would cause an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia in Germany, and ultimately throughout the world, to become a work described by Marx friend and collaborator Friedrich Engels as “the Bible of the working class.” For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
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“The production of too many useful things results in too many useful people.”
Capital
By Karl Marx
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Karl Marx (1818-1883) was a German philosopher, political economist, historian, sociologist, and revolutionary socialist, known for his foundational theories in communist thought. His most notable works include 'The Communist Manifesto' (1848), co-authored with Friedrich Engels, and 'Das Kapital' (1867), which critiques political economy and capitalism. Marx's writing style is characterized by rigorous analysis, passionate rhetoric, and a focus on socio-economic conditions, advocating for class struggle and the abolition of capitalism. His ideas have profoundly influenced political ideologies and movements worldwide.
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In "A Farewell to Alms," economist Gregory Clark delves into the surprising dynamics of economic growth and social change, tracing humanity's journey from poverty to prosperity. Through a compelling mix of historical analysis and innovative research, he argues that culture, rather than mere resources, played a pivotal role in shaping economic outcomes. Clark challenges the conventional wisdom of the Industrial Revolution, revealing how deep-seated behaviors and social norms influenced wealth accumulation. With each chapter, readers are taken on a thought-provoking exploration of how our ancestral past continues to shape modern economies. Prepare to rethink everything you know about wealth, progress, and the human experience!
In 'Dealing with China,' former Treasury Secretary Henry M. Paulson Jr. shares his riveting firsthand experiences in navigating the complex U.S.-China relationship. With a unique perspective drawn from years of high-stakes diplomacy, Paulson unveils the intricacies of China's economy and political landscape. He explores the delicate balance of cooperation and competition between the two superpowers, sparking vital discussions on trade, investment, and global security. As he reveals the challenges and opportunities that lie ahead, readers are left questioning what the future holds for this dynamic partnership. This book is a compelling call to understand China not just as a rival but as a crucial player in the global arena.
In 'The Great Transformation,' Karl Polanyi explores the radical shifts in economic and social structures that shaped modern society during the Industrial Revolution. He argues that the rise of the market economy led to profound disruptions in community life and environmental balance. Polanyi challenges the notion of self-regulating markets, revealing the hidden social costs of laissez-faire capitalism. Through historical examples, he illustrates the tension between economy and society, emphasizing the need for protective measures. This thought-provoking work invites readers to reconsider the relationship between markets and social welfare in contemporary life.
In 'The Narrow Corridor', Daron Acemoglu and James A. Robinson explore the delicate balance between individual liberty and state authority, illuminating how societies navigate the thin path between oppression and chaos. Through captivating historical examples, the authors reveal the conditions that allow for the flourishing of freedoms and the emergence of prosperous, resilient nations. They delve into the concept of the 'narrow corridor', where institutions must align with cultural values to foster stability and growth. As they dissect past and present case studies, readers are invited to ponder critical questions about governance, power, and human potential. This thought-provoking analysis challenges us to reflect on the future of democracy and the critical choices that lie ahead.
In 'Against the Gods,' Peter L. Bernstein delves into the fascinating history of risk and its profound impact on human civilization. From ancient times when superstitions ruled decision-making, to the modern era of statistical analyses and financial markets, Bernstein chronicles humanity's evolving relationship with uncertainty. He explores how our attempts to quantify risk have reshaped economies, inspired innovations, and even led to catastrophic failures. With captivating anecdotes and insights, the book challenges readers to reconsider their perceptions of chance and control. This is not just a history book; it's an exploration of the factors that drive fortune and folly in our lives.
In 'Democracy at Work', Richard D. Wolff challenges the conventional notions of democracy and the workplace, advocating for a radical transformation where workers have a say in their enterprises. Through compelling arguments and real-world examples, he explores the failures of capitalism and presents a vision for a more just and equitable economic system. Wolff introduces the idea of worker cooperatives as a feasible alternative, illustrating how they can empower employees and foster true democratic practices. This thought-provoking book urges readers to reconsider their understanding of democracy beyond the confines of politics and into the very fabric of their daily work lives. Are we ready to rethink who really holds the power in the workplace?
In 'Skin in the Game,' Nassim Nicholas Taleb explores the profound risks of decision-making that doesn't involve personal stakes. He unveils how those with power often evade the consequences of their actions while the vulnerable bear the brunt of systemic failures. Through compelling anecdotes and sharp insights, Taleb emphasizes the importance of having 'skin in the game' in economics, politics, and life. His thought-provoking arguments challenge conventional wisdom and demand accountability in our interconnected worlds. This book is an essential read for anyone seeking to understand the real implications of risk and responsibility.
In 'Why Nations Fail', Daron Acemoglu and James A. Robinson unravel the deep-rooted reasons behind the success or failure of nations across the globe. They argue that it is not geography or culture, but rather political and economic institutions that determine a country's fate. Through compelling historical examples, the authors illustrate how inclusive institutions foster prosperity while extractive ones lead to poverty and chaos. The book challenges readers to reconsider the factors that shape our world and ignites a discourse on how we might build better systems for the future. Prepare to delve into the complex interplay of power and economics that shapes nations.
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