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
Muppala Ranganayakamma the "Marx Capital parichayam", an introduction to Marx's "Das Kapital" in 3 volumes. The first volume was published in 1978 and there were no Telugu translations of "Das Kapital" available at that time. She wrote a three-volume novel "Janaki Vimukti" (meaning ""Emanicipation of Janaki""), arguing that Marxism is the correct path to gender equality. The most outstanding feature of Ranganayakamma's writings is that she writes in the most lucid manner, and even her opponents acknowledge this fact. Her readers and friends maintain a website (www.ranganayakamma.org) hosting details of her works. She won the Andhra Pradesh Government Sahitya Akademi Award for