Das Kapital: Critique of Political Economy Part I

· The Collected Works of Marx Book 12 · Marchen
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Published in Hamburg in 1867, Das Kapital: Critique of Political Economy, Part I (Das Kapital. Kritik der politischen Ökonomie. Buch I) is the first and only volume of Marx’s economic magnum opus completed and published during his lifetime. Subtitled The Process of Production of Capital, the work represents the culmination of over two decades of theoretical development and empirical research, offering a systematic critique of the capitalist mode of production. Though ostensibly economic in focus, the text is architectured with a dialectical method that owes as much to Hegelian metaphysics as to Ricardo’s classical economics. The commodity is introduced not simply as a unit of trade but as a metaphysical paradox—a thing that contains within it both a use-value and an abstract value, a duality that animates the entire logic of capital.

Beneath the empirical treatment of factory conditions, surplus value, and labor-time, the text unfolds a grim metaphysical drama, in which capital—animated by accumulated labor—moves through the world with a spectral autonomy. The famous opening chapters, dense with abstraction, present the commodity form almost as a theological fetish, a secularized idol that mediates all social relations and conceals the origin of its value in human labor. Here the Hegelian logic of inversion—the world turned upside down—reappears in Marx’s description of capital as a social relation that presents itself as a thing, and labor as a thing that presents itself as a social relation. Value itself becomes a ghostly presence, immanent yet invisible, moving according to laws that mirror the abstract unfolding of Geist in Hegel’s system, but now grounded in economic life rather than divine reason. What emerges is not only a critique of political economy but a materialist metaphysics of modernity—an exorcism of its hidden theological residues in the language of science.

This modern Critical Reader’s Edition includes an illuminating afterword tracing Marx’s intellectual relationships with revolutionary thinkers and philosophers (including Hegel, Feuerbach, Engels, and Ricardo), containing unique research into his ideological development and economic-metaphysical theories, a comprehensive timeline of his life and works, a glossary of Marxist terminology, and a detailed index of all of Marx’s writings. This professional translation renders Marx’s dense, dialectical prose into modern language to preserve the original force and precision of the text. Combined with the scholarly amplifying material, this edition is an indispensable exploration of Marx’s classic works and his enduring Hegelian-Protestant influence in the political, religious, economic, and philosophical spheres.

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Lakshmi Rajput
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About the author

Karl Marx (1818-1883) was a German philosopher, economist and revolutionary whose ideas have had a profound influence on political theory, economics and social science. Along with Friedrich Engels, Marx developed the theory of historical materialism, arguing that economic structures fundamentally shape social development. His seminal works, The Communist Manifesto and Das Kapital, criticise the capitalist system, arguing that it leads to class struggle and the exploitation of the working class. Marx envisioned a society in which class distinctions would dissolve, culminating in a classless, stateless society. His theories laid the foundations for various socialist and communist movements, influencing world politics and inspiring revolutions. Although controversial, Marx's analysis of capitalism and advocacy of social justice continue to be studied and debated, making him one of the most influential thinkers in modern history.

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