Sunday, November 9, 2008

Sales of Das Kapital soar:

In October Karl-Diez Verlag sold more than 500 copies of Das Kapital, confirming a trend that began early in 2008.

"Until 2004, we sold less than 100 copies of Das Kapital per year," Schuetrumpf said. "In the 10 months of 2008, we have sold more than 2,500 copies. It is clear that people are interested in learning what Marx has to say about why capitalism does not work."

...

A hundred and fifty years ago, the bishop tells IPS, "Marx predicted globalisation, and saw already the failures of capitalism."

Marxist theorists recall that the financial crisis of 1857 in the U.S. inspired Marx to intensify his studies on finance capital and its cycles of boom and bust. Ten years later, he published Das Kapital, in which he described capitalism as anarchic, irrational and blind competition led by the frantic pursuit of profit and accumulation.

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