Karl Marx wrote Das Kapital during the late industrial revolution, as Europe underwent a wrenching transformation from an agricultural to an industrial economy. In this monumental work, Marx argued that capitalism is both inefficient and immoral, relying upon the exploitation of workers by owners of capital. Many modern ideas about profits, interest, monopoly, and the wastefulness of the business cycle find their roots in the Marxian view of economics.
The Great Economic Thinkers Series is a collection of presentations that explain in understandable language the major ideas of history's most important economists. Special emphasis is placed on each thinker's attitude toward capitalism, revealing their influence in today's debate on economic progress and prosperity.
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" It's an interesting and informative little book that explains a bit about Marx, his beliefs and what he presents in 'Das Kapital.' It's nice that it tries to stay more or less neutral on the topic of communism and explain the information as it is. "
" 1) I'm a UofC econ guy, sorry, Karl. 2) Far too many holes in his logic, some of his points are good, but he makes strange jumps in my opinion. "
David Ramsay Steele, a native of Edinburgh, Scotland, grew up in Birmingham, England, and graduated with a degree in sociology from the University of Hull. He is a fellow of the Institute for Humane Studies at George Mason University and is editorial director of a publishing house in Chicago, where he lives with his wife and daughter.
Louis Rukeyser (1933–2006), narrator of the Great Economic Thinkers and the Secrets of the Great Investors series, was recognized as America’s most popular economic commentator. He was known and admired for his ability to discuss economics in a lively and insightful way.
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