Capital: Critique of Political Economy

Capital: Critique of Political Economy (1867-1883) (German: Das Kapital, Kritik der politischen Ökonomie; (German pronunciation: [das kapiˈtaːl]) by Karl Marx is a foundational theoretical text in communist philosophy, economics and politics. Marx aimed to reveal the economic patterns underpinning the capitalist mode of production, in contrast to classical political economists such as Adam Smith, David Ricardo and John Stuart Mill.

Themes

In Capital: Critique of Political Economy (1867), Karl Marx proposes that the motivating force of capitalism is in the exploitation of labour, whose unpaid work is the ultimate source of surplus value and then profit both of which concepts have a specific meaning for Marx. The employer is able to claim the right to profits because he or she owns the productive capital assets (means of production), which are legally protected by the capitalist state through property rights (the historical section shows how this right was acquired in the first place chiefly through plunder and conquest and the activity of the merchant and 'middle-man'). In producing capital (money) as well as commodities (goods and services), the workers continually reproduce the economic conditions by which they labour. Capital proposes an explanation of the "laws of motion" of the capitalist economic system, from its origins throughout its future, by describing the dynamics of the accumulation of capital, the growth of wage labour, the transformation of the workplace, the concentration of capital, commercial competition, the banking system, the decline of the profit rate, land-rents, et cetera.

Kapital (album)

Kapital (Capital) is the fourth studio album by Laibach. It includes tracks such as "Wirtschaft ist tot" (Economy is Dead). Unusually, the LP, CD and cassette releases each contain different versions of every song. Track "Steel Trust" by Laibach sub-group Germania, appears only on LP and cassette.

LP track listing

A - 15:49

B - 18:49

C - 24:13

D - 21:45

Kapital (newspaper)

Kapital is a weekly newspaper from Macedonia.

References

External links