Karl Marx In 1867, the first volume of "Das Kapital" was published, a work which analysed the capitalist process of production. Here Marx elaborated his labour theory of value, which had been influenced by Thomas Hodgskin. Marx acknowledged Hodgskin's "admirable work" "Labour Defended against the Claims of Capital" at more than one point in "Capital." Indeed, Marx quoted Hodgskin as recognising the alienation of labour that occurred under modern capitalist production. No longer was there any "natural reward of individual labour. Each labourer produces only some part of a whole, and each part having no value or utility of itself, there is
The Social and Political Thought of Karl Marx Marx have suffered from lack of awareness of these works. In addition, he discusses "Das Kapital" and explores the influence of the philosophers Georg Wilhelm Friedrich Hegel and Ludwig Feuerbach on Marx. "The Social and Political Thought of Karl Marx" was published by Cambridge University Press in 1968. "The Social and Political Thought of Karl Marx" received positive reviews from Gianfranco Poggi in the "British Journal of Sociology" and Herminio Martins in "The Sociological Review". The book was also reviewed by George L. Donaldson in the "International Review of Modern Sociology". Poggi described the book as a convincing attempt to