PAUL DONOVAN applauds an intriguing multi-layered depiction, dominated by a stunning impersonation of Marilyn herself
Capital: Critique of Political Economy, Volume 1
By Karl Marx, translated by Paul Reitter, Princeton University Press, £35
The first English translation in 50 years of Karl Marx’s Capital Volume 1 was published several months ago by Princeton University Press. Translated by Paul Reitter, this version is the only one based on the last German edition revised by Marx himself.
Reitter, in his Translator’s Preface, suggests that previous translations had difficulties in consistently handling Marx’s neologisms, held limiting policies such as noun-to-noun translation, fell short in rhythm and cadence, missed a certain sarcasm, and failed in “preserving the vividness and resonant qualities of the language in Capital.”
The upshot is a more readable, relatable, and refreshed Capital, that is more conversational, with Marx’s own style visible. In a thoroughgoing analysis of production, money, the commodity form, surplus-value, machinery, wages, accumulation, colonisation, and so forth, Marx historises, contextualises, and uncovers exploitative aspects of political economy that bourgeois economists had concealed, naturalised, and presented as inevitable.
SETH SANDRONSKY recommends a Marxist critique of the ‘race-first’ views of the influential black US theorist Cedric Robinson
ROY WILKES takes issue with those on the left who argue immigration lowers wages — dividing resident and migrant workers only strengthens capitalist exploitation
ALEX HALL is fascinated by a lucid and historically convincing account of how rent has dominated capitalist economies from feudalism to modernity
MARTIN GRAHAM welcomes, with reservations, a scholarly addition to the unfinished business of understanding how capital works on a world scale



