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Capital

Volume I
by: Karl Marx
Summary:

The book is a critical analysis of capitalism and its dynamics, focusing on the concept of surplus value, the exploitation of the working class, and the intricacies of the capitalist mode of production. It delves into the economic laws governing the production and exchange of commodities, the accumulation of capital, and the role of labor in creating value.

Key points:

1. Labor Theory of Value: Marx believes a product's value is based on the labor used to make it, not its market price. This challenges capitalism's supply-demand value system.

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