The Capital Volume I

*The Capital, Volume I* by Karl Marx analyzes how capitalism functions by examining the process of production and the creation of value. Marx argues that in capitalism, workers sell their labor for wages, while capitalists own means of production like factories and machines. The key concept is "surplus value," which is profit generated when workers produce more value than they are paid for. This surplus is the source of capitalists’ profits and drives economic growth, but also leads to exploitation and inequality. Marx’s analysis critiques capitalism’s structure, emphasizing its tendency towards concentration of wealth and cyclical crises.