One of the most notorious works of modern times, as well as one of the most
influential, "Capital" is an incisive critique of private property and the
social relations it generates. Living in exile in England, where this work
was largely written, Marx drew on a wide-ranging knowledge of its society
to support his analysis and generate fresh insights. Arguing that capitalism
would create an ever-increasing division in wealth and welfare, he predicted
its abolition and replacement by a system with common ownership of the means
of production. "Capital" rapidly acquired readership among the leaders of
social democratic parties, particularly in Russia and Germany, and ultimately
throughout the world, to become a work described by Marx's friend and
collaborator Friedrich Engels as 'the Bible of the Working Class'.
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