Karl Marx, David Ramsay Steele
Karl Marx, David Ramsay Steele
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Karl Marx
Das Kapital

Author: David Ramsay Steele

Narrator: Louis Rukeyser

Unabridged: 2 hr 55 min

Format: Digital Audiobook Download

Published: 02/03/2006


Synopsis

In his monumental work, Das Kapital, Karl Marx (18181883), tried to show that capitalism was both inefficient and immoral. His key to explaining capitalism is his labor theory of value, which he developed from ideas of Adam Smith and David Ricardo. Marx argued that all profit, rent, and interest are surplusvalue, obtained by paying workers less than the value of their products. He maintained that the living conditions of the workers always tend to deteriorate that competition automatically creates monopoly, and that the business cycle demonstrates the wastefulness of capitalism.

About David Ramsay Steele

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.


Reviews

Goodreads review by Mintwitch on January 28, 2011

A better than usual examination of Das Kapital--Steele has no apparent ax to grind, a welcome relief from the common, frothing pro-Marx or anti-Marx commentaries. He also includes commentary from and about Engels, Marx's longtime collaborator and posthumous editor. Marx was among the first to correct......more

Goodreads review by Grehta on April 19, 2025

Liked - seizing the means of production Disliked - the gulags......more

Goodreads review by Slava on December 11, 2021

It's an obviously biased commentary on Marxist ideas. I still enjoyed it because it's a good learning tool to compare ideas with criticism as you learn them. I'm sure Marx was right about many things but so are other economists, too. The ultimate test for any theory is precisely finding cases where......more

Goodreads review by Miles on September 04, 2014

The commentary was fine. I thought it was a bit opinionated - I would've preferred more presentation of facts with numbers and or references in a commentary, a bit less defensiveness, but it is short and sweet. Plus, I was looking to experience the unadulterated zealotry of Karl Marx. This commentar......more

Goodreads review by J. on September 27, 2020

This text is a great primer on Marx and his economic theories and concepts. In a fairly unbiased way, Steele presents a number of Marx's basic concepts. Skillfully, the author points out where Marx and other economists agree, and where they diverge. I particularly liked how often Steele cites Marx's......more