Grundrisse: Foundations of the Critique of Political Economy
Written during the winter of 1857-8, the Grundrisse was considered by Marx to be the first scientific elaboration of communist theory. A collection of seven notebooks on capital and money, it both develops the arguments outlined in the Communist Manifesto (1848) and explores the themes and theses that were to dominate his great later work Capital. Here, for the first time, Marx set out his own version of Hegel's dialectics and developed his mature views on labour, surplus value and profit, offering many fresh insights into alienation, automation and the dangers of capitalist society. Yet while the theories in Grundrisse make it a vital precursor to Capital, it also provides invaluable descriptions of Marx's wider-ranging philosophy, making it a unique insight into his beliefs and hopes for the foundation of a communist state.
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20 thalers abstract accumulation alien labour already amount of labour appears barrier Bastiat becomes bourgeois capital’s capitalist circulating capital coin commodity conditions of production consumed consumption contradiction costs created determined economic economists employed equal equivalent exchange value existence expressed fixed capital forces of production gold and silver Grundrisse Hegel hence historic increase independent individual individual capital industry instrument of labour instrument of production landed property latter living labour capacity machinery Marx Marx’s material and instrument means measure mediated medium of circulation merely metal mode of production natural necessary labour Notebook objectified labour objective conditions particular Political Economy posited presupposed presupposition product of labour production process productive force proportion quantity of labour rate of profit raw material regarded relations of production relative reproduction Ricardo side social society specific surplus labour surplus value transformation turnover wage labour wealth worker