The
publication
of
an
English
version
of
\"Das
Kapital\"
needs
no
apology.
On
the
contrary,
an
explanation
might
be
expected
why
this
English
version
has
been
delayed
until
now,
seeing
that
for
some
years
past
the
theories
advocated
in
this
book
have
been
constantly
referred
to,
attacked
and
defended,
interpreted
and
misinterpreted,
in
the
periodical
press
and
the
current
literature
of
both
England
and
America.
When,
soon
after
the
author's
death
in
1883,
it
became
evident
that
an
English
edition
of
the
work
was
really
required,
Mr.
Samuel
Moore,
for
many
years
a
friend
of
Marx
and
of
the
present
writer,
and
than
whom,
perhaps,
no
one
is
more
conversant
with
the
book
itself,
consented
to
undertake
the
translation
which
the
literary
executors
of
Marx
were
anxious
to
lay
before
the
public.
It
was
understood
that
I
should
compare
the
MS.
with
the
original
work,
and
suggest
such
alterations
as
I
might
deem
advisable.When,
by
and
by,
it
was
found
that
Mr.
Moore's
professional
occupations
prevented
him
from
finishing
the
translation
as
quickly
as
we
all
desired,
we
gladly
accepted
Dr.
Aveling's
offer
to
undertake
a
portion
of
the
work;
at
the
same
time
Mrs.
Aveling,
Marx's
youngest
daughter,
offered
to
check
the
quotations
and
to
restore
the
original
text
of
the
numerous
passages
taken
from
English
authors
and
Blue
books
and
translated
by
Marx
into
German.
This
has
been
done
throughout,
with
but
a
few
unavoidable
exceptions.
The
following
portions
of
the
book
have
been
translated
by
Dr.
Aveling:
(I)
Chapters
X.
(The
Working
Day),
and
XI.
(Rate
and
Mass
of
Surplus
Value);
(2)
Part
VI.
(Wages,
comprising
Chapters
XIX.
to
XII.);
(3)
from
Chapter
XIV.,
Section
4
(Circumstances
that
&c.)
to
the
end
of
the
book,comprising
the
latter
part
of
Chapter
XIV.,.
Chapter
XV.,
and
the
whole
of
Part
VIII.
(Chapters
XVI.to
XIII);
(4)
the
two
Author's
prefaces.
All
the
rest
of
the
book
has
been
done
by
Mr.
Moore.
While,thus,
each
of
the
translators
is
responsible
for
his
share
of
the
work
only,
I
bear
a
joint
responsibility
for
the
whole.
The
third
German
edition,
which
has
been
made
the
basis
of
our
work
throughout,
was
prepared
by
me,
in
1883,
with
the
assistance
of
notes
left
by
the
author,
indicating
the
passages
of
the
second
edition
to
be
replaced
by
designated
passages,
from
the
French
text
published
in
1873.1The
alterations
thus
effected
in
the
text
of
the
second
edition
generally
coincided
with
changes
prescribed
by
Marx
in
a
set
of
MS.
instructions
for
an
English
translation
that
was
planned,
about
ten
years
ago,
in
America,but
abandoned
chiefly
for
want
of
a
fit
and
proper
translator.
This
MS.
was
placed
at
our
disposal
by
our
old
friend
Mr.
F.
A.
Sorge
of
Hoboken
N.
J.It
designates
some
further
interpolations
from
the
French
edition;
but,
being
so
many
years
older
than
the
final
instructions
for
the
third
edition,
I
did
not
consider
myself
at
liberty
to
make
use
of
it
otherwise
than
sparingly,
and
chiefly
in
cases
where
it
helped
us
over
difficulties.
In
the
same
way,
the
French
text
has
been
referred
to
in
most
of
the
difficult
passages,
as
an
indicator
of
what
the
author
himself
was
prepared
to
sacrifice
wherever
something
of
the
full
import
of
the
original
had
to
be
sacrificed
in
the
rendering.
There
is,
however,
one
difficulty
we
could
not
spare
the
reader:
the
use
of
certain
terms
in
a
sense
different
from
what
they
have,
not
only
in
common
life,
but
in
ordinary
Political
Economy.
But
this
was
unavoidable.Every
new
aspect
of
a
science
involves
a
revolution
in
the
technical
terms
of
that
science.
This
is
best
shown
by
chemistry,
where
the
whole
of
the
terminology
is
radically
changed
about
once
in
twenty
years,
and
where
you
will
hardly
find
a
single
organic
compound
that
has
not
gone
through
a
whole
series
of
different
names.
Political
Economy
has
generally
been
content
to
take,
just
as
they
were,
the
terms
of
commercial
and
industrial
life,
and
to
operate
with
them,
entirely
failing
to
see
that
by
so
doing,
it
confined
itself
within
the
narrow
circle
of
ideas
expressed
by
those
terms.Thus,
though
perfectly
aware
that
both
profits
and
rent
are
but
sub-divisions,
fragments
of
that
unpaid
part
of
the
product
which
the
labourer
has
to
supply
to
his
employer
(its
first
appropriator,
though
not
its
ultimate
exclusive
owner),
yet
even
classical
Political
Economy
never
went
beyond
the
received
notions
of
profits
and
rents,
never
examined
this
unpaid
part
of
the
product
(called
by
Marx
surplus-product)
in
its
integrity
as
a
whole,
and
therefore
never
arrived
at
a
clear
comprehension,
either
of
its
origin
and
nature,or
of
the
laws
that
regulate
the
subsequent
distribution
of
its
value.
Similarly
all
industry,
not
agricultural
or
handicraft,
is
indiscriminately
comprised
in
the
term
of
manufacture,
and
thereby
the
distinction
is
obliterated
between
two
great
and
essentially
different
periods
of
economic
history:
the
period
of
manufacture
proper,
based
on
the
division
of
manual
labour,
and
the
period
of
modern
industry
based
on
machinery.
It
is,
however,
self-
evident
that
a
theory
which
views
modern
capitalist
production
as
a
mere
passing
stage
in
the
economic
history
of
mankind,
must
make
use
of
terms
different
from
those
habitual
to
writers
who
look
upon
that
form
of
production
as
imperishable
and
final.
A
word
respecting
the
author's
method
of
quoting
may
not
be
out
of
place.
In
the
majority
of
cases,
the
quotations
serve,
in
the
usual
way,
as
documentary
evidence
in
support
of
assertions
made
in
the
text.
But
in
many
instances,
passages
from
economic
writers
are
quoted
in
order
to
indicate
when,
where,
and
by
whom
a
certain
proposition
was
for
the
first
time
clearly
enunciated.
This
is
done
in
cases
where
the
proposition
quoted
is
of
importance
as
being
a
more
or
less
adequate
expression
of
the
conditions
of
social
production
and
exchange
prevalent
at
the
time,
and
quite
irrespective
of
Marx's
recognition,
or
otherwise,of
its
general
validity.
These
quotations,
therefore,supplement
the
text
by
a
running
commentary
taken
from
the
history
of
the
science.
Our
translation
comprises
the
first
book
of
the
work
only.
But
this
first
book
is
in
a
great
measure
a
whole
in
itself,
and
has
for
twenty
years
ranked
as
an
independent
work.
The
second
book,
edited
in
German
by
me,
in
1885,
is
decidedly
incomplete
without
the
third,
which
cannot
be
published
before
the
end
of
1887.
When
Book
III.
has
been
brought
out
in
the
original
German,
it
will
then
be
soon
enough
to
think
about
preparing
an
English
edition
of
both.
\"Das
Kapital\"
is
often
called,
on
the
Continent,
\"the
Bible
of
the
working
class.\"
That
the
conclusions
arrived
at
in
this
work
are
daily
more
and
more
becoming
the
fundamental
principles
of
the
great
working-
class
movement,
not
only
in
Germany
and
Switzerland,
but
in
France,
in
Holland
and
Belgium,
in
America,
and
even
in
Italy
and
Spain,
that
everywhere
the
working
class
more
and
more
recognises,
in
these
conclusions,
the
most
adequate
expression
of
its
condition
and
of
its
aspirations,
nobody
acquainted
with
that
movement
will
deny.
And
in
England,
too,the
theories
of
Marx,
even
at
this
moment,
exercise
a
powerful
influence
upon
the
socialist
movement
which
is
spreading
in
the
ranks
of
\"cultured\"
people
no
less
than
in
those
of
the
working
class.
But
that
is
not
all.
The
time
is
rapidly
approaching
when
a
thorough
examination
of
England's
economic
position
will
impose
itself
as
an
irresistible
national
necessity.The
working
of
the
industrial
system
of
this
country,impossible
without
a
constant
and
rapid
extension
of
production,
and
therefore
of
markets,
is
coming
to
a
dead
stop.
Free
Trade
has
exhausted
its
resources;
even
Manchester
doubts
this
its
quondam
economic
gospel.2Foreign
industry,
rapidly
developing,
stares
English
production
in
the
face
everywhere,
not
only
in
protected,
but
also
in
neutral
markets,
and
even
on
this
side
of
the
Channel.
While
the
productive
power
increases
in
a
geometric,
the
extension
of
markets
proceeds
at
best
in
an
arithmetic
ratio.
The
decennial
cycle
of
stagnation,
prosperity,
over-production
and
crisis,
ever
recurrent
from
1825
to
1867,
seems
indeed
to
have
run
its
course;
but
only
to
land
us
in
the
slough
of
despond
of
a
permanent
and
chronic
depression.The
sighed
for
period
of
prosperity
will
not
come;
as
often
as
we
seem
to
perceive
its
heralding
symptoms,so
often
do
they
again
vanish
into
air.
Meanwhile,each
succeeding
winter
brings
up
afresh
the
great
question,
\"what
to
do
with
the
unemployed\";
but
while
the
number
of
the
unemployed
keeps
swelling
from
year
to
year,
there
is
nobody
to
answer
that
question;and
we
can
almost
calculate
the
moment
when
the
unemployed
losing
patience
will
take
their
own
fate
into
their
own
hands.
Surely,
at
such
a
moment,
the
voice
ought
to
be
heard
of
a
man
whose
whole
theory
is
the
result
of
a
lifelong
study
of
the
economic
history
and
condition
of
England,
and
whom
that
study
led
to
the
conclusion
that,
at
least
in
Europe,
England
is
the
only
country
where
the
inevitable
social
revolution
might
be
effected
entirely
by
peaceful
and
legal
means.
He
certainly
never
forgot
to
add
that
he
hardly
expected
the
English
ruling
classes
to
submit,
without
a
\"pro-slavery
rebellion,\"
to
this
peaceful
and
legal
revolution.
NOTES:
1\"Le
Capital,\"
par
Karl
Marx.
Traduction
de
M.
J.
Roy,entierement
revisée
par
l'auteur.
Paris.
Lachatre.
This
translation,
especially
in
the
latter
part
of
the
book,
contains
considerable
alterations
in
and
additions
to
the
text
of
the
second
German
edition.
2At
the
quarterly
meeting
of
the
Manchester
Chamber
of
Commerce,
held
this
afternoon,
a
warm
discussion
took
place
on
the
subject
of
Free
Trade.
A
resolution
was
moved
to
the
effect
that
\"having
waited
in
vain
40
years
for
other
nations
to
follow
the
Free
Trade
example
of
England,
this
Chamber
thinks
the
time
has
now
arrived
to
reconsider
that
position.\"The
resolution
was
rejected
by
a
majority
of
one
only,
the
figures
being
21
for,
and
22
against.
–
Evening
Standard,
Nov.1,
1886.