Capital: Critique of Political Economy

Summary

«Capital: Critique of Political Economy» by Karl Marx is a seminal work in which the author analyzes the capitalist system of production and its inherent contradictions. Marx explores the nature of commodities, value, money, and capital, unveiling the mechanisms of labor exploitation and capital accumulation. He introduces the concept of surplus value as the source of capitalist profit and describes the process of transforming money into capital. Marx also examines the historical tendency of capital concentration and the inevitability of crises in a capitalist economy. The book serves as a critique of the political economy of its time and provides a theoretical foundation for understanding class struggle and revolutionary changes in society.