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Das Kapital Karl Marx
Economics
History
Philosophy
Political
1954
USD$8,000

Description

1954. First & Second editions. 1) Dimitar Blagoev (trans.). Капиталътъ: Критика на Политическата Економия. Томъ Първи/ Kapitalŭt: Kritika na Politicheskata Ekonomiya. Tomŭ Pŭrvi (Capital: A Critique of Political Economy. Vol.1) [FIRST BULGARIAN EDITION]. София [Sofia]. Партийната Социалистическа Книжарница и Печатница [The Party Socialist Bookstore and Printing House]. [ca. 1909]. First Bulgarian edition. Small quarto. 675pp. [1]. Period red buckram boards with gilt lettering, ruling and tooling on the front cover and spine. Decorative endpapers. The extremely scarce first Bulgarian edition of the first part of Karl Marx's seminal work Capital (Das Kapital), originally published in German in 1867. Eventually the work comprised three volumes, with the second and third parts published after Marx's death by his colleague Friedrich Engels. This edition was published by the bookstore of…

About Das Kapital

"Das Kapital," written by Karl Marx, is a seminal work critiquing the capitalist system's foundations and mechanisms. Published in 1867, this extensive analysis of capitalism delves into its economic processes, the exploitation inherent within, and its eventual contradictions which Marx believed would lead to its downfall. Marx introduces key concepts such as commodity, value, surplus value, and the labor theory of value, arguing that the value of a commodity is determined by the labor required for its production. He criticizes how capitalists profit by exploiting workers, paying them less than the value of their labor while selling the products for their full value. Marx's critique extends to the dynamics of capital accumulation, technological advancements, and their effects on the proletariat, predicting increasing capital centralization and crises stemming from capitalism's internal contradictions. "Das Kapital" covers the circulation and distribution of capital, explaining how surplus value is divided among different classes and sectors, leading to cycles of boom and bust. Despite its influence, "Das Kapital" has faced criticism for its total failure in economic predictions, such as the underestimation of capitalism's adaptability and the overemphasis on the labor theory of value. Critics argue Marx's predictions of escalating class struggle and the proletariat revolution have not materialized as expected, questioning his views on human nature and the efficiency of market mechanisms. Nonetheless, "Das Kapital" remains a pivotal work in economic and political thought, offering a deep, if wrong, critique of capitalism and its socio-economic impacts.