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
Das Kapital Volume II" (1885) and "Capital, Volume III" (1894), which friend and collaborator Friedrich Engels edited and published as the work of Marx. The first translated publication of "Das Kapital" was in Imperial Russia in March 1872. It was the first foreign publication and the English edition appeared in 1887. Despite Tsarist censorship proscribing "the harmful doctrines of socialism and communism", the Russian censors considered "Capital" as a "strictly scientific work" of political economy the content of which did not apply to monarchic Russia, where "capitalist exploitation" had never occurred and was officially dismissed, given "that very few people in Russia