Author(s): Karl Marx, David Bach

General Non-Fiction

It is in this third volume that Marx sets out his central thesis that "the basic laws of motion of the capitalist mode of production lead to explosive crises and its ultimate collapse". Here we find not only a sustained economic and social description of capitalism as a system and the bourgeoisie as a class but also a full statement of why declining rates of profit and periodic crises of overproduction spell the inevitable end of capitalism and the likely birth of a far better society. This book was published by Engels in 1894.