Capital

by: Karl Marx

in: Political Theory

Summary:

The book delves into the capitalist mode of production, exploring the nature of commodities, the labor theory of value, and the exploitation of the proletariat. It critically examines the accumulation of capital, the dynamics of the capitalist economy, and the inevitable class struggles resulting from these economic conditions.

Key points:

1. Commodity and Value: Marx's "Capital" starts by examining commodities, the core of capitalism. He separates their practical use from their trade value. He claims a commodity's worth comes from the labor needed to make it, which is recognized when it's traded.

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