History of economic thought died, Engels completed the second volume of "Das Kapital" from his notes. Marx wrote his magnum opus "Das Kapital" (1867) at the British Museum's library in London. Karl Marx begins with the concept of commodities. Before capitalism, says Marx, production was based on slavery – in ancient Rome for example – then serfdom in the feudal societies of medieval Europe. The current mode of labor exchange has produced an erratic and unstable situation allowing the conditions for revolution. People buy and sell their labor as people buy and sell goods and services. People themselves have become disposable commodities. As Marx
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