TAILIEUCHUNG - A Companion to the History of Economic Thought - Chapter 10

C H A P T E R T E N Karl Marx: His Work and the Major Changes in its Interpretation Karl Marx is known for a 30-page political pamphlet, The Communist Manifesto, written in 1848 together with Friedrich Engels, and for a 2,200-page socioeconomic work, Capital | CHAPTER TEN Karl Marx His Work and the Major Changes in its Interpretation Geert Reuten Introduction Karl Marx is known for a 30-page political pamphlet The Communist Manifesto written in 1848 together with Friedrich Engels and for a 2 200-page socioeconomic work Capital published in three volumes in 1867 1885 and 1894 the last two edited by Engels. The collected works of Marx and Engels extend to over 50 thick volumes. Marx s magnum opus Capital is an analysis of the capitalist system the term communism is mentioned some five times in notes perhaps five out of 2 200 pages refer in passing to some future society . Marx wrote the work between 1857 and 1878 while living in London. British capitalism provided his main empirical material. The changing appreciation of Capital throughout the twentieth century was influenced by both the degree to which other works of Marx were or could be taken into account section and relatedly developing methodological views section . A reading of the work section is bound to take methodological sides. Karl Marx His Work and its Interpretation 149 On Marx and his Capital Marx was born in 1818 in Trier and died in 1883 in London. He studied law and philosophy and received a . in 1841. Trained to pursue the positions of either a state official or university professor both his studies and the repressive political climate in Prussia induced a different course. During his student years he helped fight for democratic rights opposing the vested political regime. His subsequent writings and editorship of a liberal journal brought him into conflict with Prussian censorship. He sought refuge in Paris 1843-5 Brussels 1845-7 and Cologne 1848-9 and finally in 1849 settled in London. In thehecticl842-9period Marx studied and wroteonphilosophical political and economic issues and developed his materialist conception of history section . He also made contact with radical socialist groups and met Friedrich Engels his

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