Books

1947. [No place], Editura Partidului Comunist Roman, 1947. Royal8vo. In publisher's half cloth Binding with waterstain, affecting both front and back board. Hindges weak Internally with a few marginal annotations, othwise interanlly fine and clean. 780, (1) pp + frontispiece. First Romanian translation of 'Das Kapital', Marx' landmark work, constituting what is arguably the greatest revolutionary work of the nineteenth century. It is the first translation of the many translation from the post-war decades in countries with communist government. It even predates the translation into any of the USSR-languages. As World War II ended, Romania, a former Axis member, was occupied by the Soviet Union, the sole representative of the Allies. On 6 March 1945, after mass demonstrations by communist sympathizers and political pressure from the Soviet representative of the Allied Control Commission, a new pro-Soviet government that included members of the previously outlawed Romanian Workers'…

"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.