Karl Marx quote about capital from Das Kapital - The modern history of capital dates from the creation in the 16th century of a world-embracing commerce and a world-embracing market.
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The modern history of capital dates from the creation in the 16th century of a world-embracing commerce and a world-embracing market.
 Karl Marx, Das Kapital (1867). copy citation

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Author Karl Marx
Source Das Kapital
Topic capital globalization market
Date 1867
Language English
Reference
Note Translated by Samuel Moore and Edward Aveling
Weblink https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-...

Context

“The circulation of commodities is the starting-point of capital. The production of commodities, their circulation, and that more developed form of their circulation called commerce, these form the historical ground-work from which it rises. The modern history of capital dates from the creation in the 16th century of a world-embracing commerce and a world-embracing market.
If we abstract from the material substance of the circulation of commodities, that is, from the exchange of the various use-values, and consider only the economic forms produced by this process of circulation, we find its final result to be money: this final product of the circulation of commodities is the first form in which capital appears.” source

Meaning and analysis

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