Representing Capital: A Reading of Volume 1


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Ingo Schmidt

Disputed [ edit ] Democracy is the road to socialism. Attributed to Marx in recent years, including in Communism by Tom Lansford, p. Misattributed [ edit ] The oppressed are allowed once every few years to decide which particular representatives of the oppressing class shall represent and repress them in parliament. The rich will do anything for the poor but get off their backs. Art is always and everywhere the secret confession, and at the same time the immortal movement of its time. Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable.

The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism. Said to be a quote from Das Kapital in an anonymous email, this attribution has been debunked at Snopes. Often attributed to Lenin or Stalin , less often to Marx.

According to the book, "They Never Said It", p.

Das Kapital Volume One - Wikisource, the free online library

Experts on the Soviet Union reject the rope quote as spurious. Wheen, Francis.

Karl Marx: A Life. Norton, Export Citation.

User Account Log in Register Help. Search Close Advanced Search Help. Show Summary Details. More options …. Open Cultural Studies. Editor-in-Chief: Miller, Toby. Open Access. Online ISSN See all formats and pricing Online. Prices are subject to change without notice. Prices do not include postage and handling if applicable. Volume 2 Issue 1 Mar , pp. Volume 1 Issue 1 Jan , pp. Previous Article. A more thorough analysis of phenomena shows that social organisms differ among themselves as fundamentally as plants or animals.

A Monetary Value Theory

Marx, e. He asserts, on the contrary, that every stage of development has its own law of population With the varying degree of development of productive power, social conditions and the laws governing them vary too.

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Whilst Marx sets himself the task of following and explaining from this point of view the economic system established by the sway of capital, he is only formulating, in a strictly scientific manner, the aim that every accurate investigation into economic life must have. The scientific value of such an inquiry lies in the disclosing of the special laws that regulate the origin, existence, development, death of a given social organism and its replacement by another and higher one.

And it is this value that, in point of fact, Marx's book has. Whilst the writer pictures what he takes to be actually my method, in this striking and [as far as concerns my own application of it] generous way, what else is he picturing but the dialectic method? Of course the method of presentation must differ in form from that of inquiry. The latter has to appropriate the material in detail, to analyse its different forms of development, to trace out their inner connexion.

Only after this work is done, can the actual movement be adequately described. If this is done successfully, if the life of the subject-matter is ideally reflected as in a mirror, then it may appear as if we had before us a mere a priori construction. My dialectic method is not only different from the Hegelian, but is its direct opposite. To Hegel, the life-process of the human brain, i.


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The mystifying side of Hegelian dialectic I criticised nearly thirty years ago, at a time when it was still the fashion. But just as I was working at the first volume of "Das Kapital," it was the good pleasure of the peevish, arrogant, mediocre 'Epigonoi who now talk large in cultured Germany, to treat Hegel in same way as the brave Moses Mendelssohn in Lessing's time treated Spinoza, i.

EDUCATION - Part 4 - Reading Marx’s "Capital" Volume 1 with David Harvey

The mystification which dialectic suffers in Hegel's hands, by no means prevents him from being the first to present its general form of working in a comprehensive and conscious manner. With him it is standing on its head.


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  • It must be turned right side up again, if you would discover the rational kernel within the mystical shell. In its mystified form, dialectic became the fashion in Germany, because it seemed to transfigure and to glorify the existing state of things. In its rational form it is a scandal and abomination to bourgeoisdom and its doctrinaire professors, because it includes in its comprehension and affirmative recognition of the existing state of things, at the same time also, the recognition of the negation of that state, of its inevitable breaking up; because it regards every historically developed social form as in fluid movement, and therefore takes into account its transient nature not less than its momentary existence; because it lets nothing impose upon it, and is in its essence critical and revolutionary.

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    The Multiple Meanings of Marx’s Value Theory

    The contradictions inherent in the movement of capitalist society impress themselves upon the practical bourgeois most strikingly in the changes of the periodic cycle, through which modern industry runs, and whose crowning point is the universal crisis. That crisis is once again approaching, although as yet but in its preliminary stage; and by the universality of its theatre and the intensity of its action it will drum dialectics even into the heads of the mushroom-upstarts of the new, holy Prusso-German empire.

    No one can feel the literary shortcomings in "Das Kapital" more strongly than I myself. Yet I will for the benefit and the enjoyment of these gentlemen and their public quote in this connexion one English and one Russian notice.

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    The Saturday Review always hostile to my views, said in its notice of the first edition: "The presentation of the subject invests the driest economic questions with a certain peculiar charm. Petersburg Journal" Sankt-Peterburgskie Viedomosti , in its issue of April 8 20 , , says: "The presentation of the subject, with the exception of one or two exceptionally special parts, is distinguished by its comprehensibility by the general reader, its clearness, and, in spite of the scientific intricacy of the subject, by an unusual liveliness.

    In this respect the author in no way resembles Roy set himself the task of producing a version that would be as exact and even literal as possible, and has scrupulously fulfilled it. But his very scrupulosity has compelled me to modify his text, with a view to rendering it more intelligible to the reader. These alterations, introduced from day to day, as the book was published in parts, were not made with equal care and were bound to result in a lack of harmony in style.

    Having once undertaken this work of revision, I was led to apply it also to the basic original text the second German edition , to simplify some arguments, to complete others, to give additional historical or statistical material, to add critical suggestions, etc. Hence, whatever the literary defects of this French edition may be, it possesses a scientific value independent of the original and should be consulted even by readers familiar with German.

    Below I give the passages in the Afterword to the second German edition which treat of the development of Political Economy in Germany and the method employed in the present work. Marx was not destined to get this, the third, edition ready for press himself. The powerful thinker, to whose greatness even his opponents now make obeisance, died on March 14, I must now account here to the reader for the way in which I discharged the first part of my duty. It was Marx's original intention to re-write a great part of the text of Volume I, to formulate many theoretical points more exactly, insert new ones and bring historical and statistical materials up to date.

    But his ailing condition and the urgent need to do the final editing of Volume II induced him to give up this scheme. Only the most necessary alterations were to be made, only the insertions which the French edition "Le Capital. Among the books left by Marx there was a German copy which he himself had corrected here and there and provided with references to the French edition; also a French copy in which he had indicated the exact passages to be used. These alterations and additions are confined, with few exceptions, to the last [Engl.

    The style was therefore more vivacious, more of a single cast, but also more careless, studded with Anglicisms and in parts unclear; there were gaps here and there in the presentation of arguments, some important particulars being merely alluded to. With regard to the style, Marx had himself thoroughly revised several sub-sections and thereby had indicated to me here, as well as in numerous oral suggestions, the length to which I could go in eliminating English technical terms and other Anglicisms.

    Marx would in any event have gone over the additions and supplemental texts and have replaced the smooth French with his own terse German; I had to be satisfied, when transferring them, with bringing them into maximum harmony with the original text. Thus not a single word was changed in this third edition without my firm conviction that the author would have altered it himself. In French, too, the word "travail " is used in every-day life in the sense of "occupation. Nor have I taken the liberty to convert the English coins and moneys, measures and weights used throughout the text to their new-German equivalents.

    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1 Representing Capital: A Reading of Volume 1
    Representing Capital: A Reading of Volume 1

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