Showing posts with label Economics Book. Show all posts
Showing posts with label Economics Book. Show all posts

Capital books Reviews

Sunday, August 24, 2008

Das Capital is one of the most famous books written by Karl Marx. I have already written about its 1st chapter. Now, I am going to explain about something related to the book. The book was written by in poor condition however the book topic was economy.

It is not related to one country related book but also it is related to human society economics. Marx was the 1st person who wrote this book historically and scientifically. Before writing this book he has a clear cut concept about new society and on the basis of scientific development he knew a new society is possible beyond the monetary economics.

He wrote by his book about the money, how money created, about the labour, labour resources, wage, surplus value, value of the product, products etc. all aspect was dealt very clearly and elaborately.

Before writing the Das Capital Marx has written many books and journal also. He was a revolutionary person.

The Capital Marx Book Volume 1 - Part 1

Monday, August 4, 2008

Marx Capital divided into three volume. It is a big books on economics. Its 1st part explain historical aspect of commodities and Money. He has written in part wise in its all three books. In 1st book there are 8 part in this book. I will explain its 1st part.


In 1st part of this book there are 3 chapter – Commodities, Exchange and Money or the circulation of commodities.


In its commodities chapter he explain it is the object who exist outside us. In his word, “A commodity is, in the first place, an object outside us, a thing that by its properties satisfies human wants of some sort or another.” He explain very frequently and easily on the scientific basis that commodities has two aspect one is – use value and second is – exchange value.


He writes a commodity can be any things which is in nature and made by us after investing our labour.


In the second chapter – exchange, he writes exchange is the necessary part of our society. Any commodities which are produce that should be exchange. About exchange he writes, “Every owner of a commodity wishes to part with it in exchange only for those commodities whose use-value satisfies some want of his. Looked at in this way, exchange is for him simply a private transaction. On the other hand, he desires to realise the value of his commodity, to convert it into any other suitable commodity of equal value, irrespective of whether his own commodity has or has not any use-value for the owner of the other. From this point of view, exchange is for him a social transaction of a general character.”


He explain exchange as a legal process also. Exchange of commodities is the exchange value. It is like that if you have a commodity A, you can exchange it with commodity B.


Like it he writes its 3rd chapter in this part. In the 3rd chapter he writes about money. About money he believes it is the circulation of commodities. He writes about money, “Money as a measure of value, is the phenomenal form that must of necessity be assumed by that measure of value which is immanent in commodities, labour-time.”


In this chapter he has explained very clearly about money. He has clear also that money is expression of commodities. If a product value is $5 then it is the expression of that product. He as also explained about that thing which is used by capitalist.

Economics Books Das Capital Reviews

Wednesday, July 30, 2008

Das Capital written by Marx

World known economical book written by Marx is Das Capital. We know Marx was the most intelligent person of his age. He has written many books on Politics, Philosophy, Economics and science also. His books Das Capital gives a step for human being to organize their society. Economics is not beyond from human being is the essence of this book.


I will review this, chapter wise because it is very large book and it has many chapter. Now, I am introducing this book. The books reveal all the aspect of economics and give the idea for human society to make their society humanistic. Das Capital was the books which start analysis from history of economics and human being.


It revel all the aspect of exploitation and reality of money. Marx has discovered the surplus value in this book. Das Capital was the book of exploited person. Its not analysis the economics only it analysis society also. By the books Marx, explain that society and all the thing is in changing mode so society also can be changed.


The book is not only analysis of economics but also it analysis politics, society, philosophy and science also. It is on the base of science. Marx has written the Das Capital on the basis of scientific development.

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