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Karl Marx's "Das Kapital" published in Berlin

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On 1 October 1867, Karl Marx published "Das Kapital" in Berlin, presenting a critical analysis of the capitalist system and its inherent instability and self-destructive tendencies

Desk Report

Publisted at 9:52 AM, Tue Oct 1st, 2024

On 1 October 1867, Karl Marx unveiled the first volume of his seminal work "Das Kapital" in Berlin, a profound critique of the capitalist system that would reshape the course of economic thought.

In this groundbreaking text, Marx meticulously dissected the mechanisms of capitalism, exposing how the pursuit of profit drives inherent contradictions, such as the exploitation of labour, the concentration of wealth, and the cyclical crises of overproduction.

He argued that these contradictions lead not only to social inequality but also to the system's eventual self-destruction, as the forces of production outgrow the capitalist framework, sowing the seeds for its own collapse.

"Das Kapital" remains a cornerstone in understanding the dynamic instability of capitalism and its far-reaching consequences.

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