CAPITAL The Communist Manifesto and other writings by Karl Marx
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The book “Capital” by Karl Marx, a foundational text in Marxist theory and critique of political economy. Key aspects of the book include: o
Critique of Capitalism:
Analyzes the capitalist system, focusing on its inherent contradictions and tendencies towards self-destruction.
Labor Theory of Value:
Argues that the value of a commodity is determined by the labor required to produce it, leading to the concept of surplus value and exploitation of workers.
Historical Materialism:
Applies this theory to understand history as a struggle between social classes, shaped by economic forces. o
Capital as a Social Relationship
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