The publication of the third volume completes the release of "Capital" by Karl Marx. In it, the reader will find discussions on issues that are relevant to modern science: the theory of production prices, rent and profit, concepts of market and crises under capitalism, the formulation and justification of the law of the tendency of the profit rate to fall, and several interesting reflections by Marx on capitalist competition.
In preparing this edition, the experiences of both classical Soviet publications and the latest German edition as part of the international project MEGA have been taken into account. The text of Volume III is published with a refined translation of several passages and comments, cleared of the biased assessments of past years. The appendix includes excerpts from "Theories of Surplus Value," dedicated to the analysis of the theories of rent and production costs by D. Ricardo, as well as a relevant fragment of the chapter on capital from "Grundrisse." The text of Volume III is accompanied by double pagination in the margins, as well as an index of names, refined according to the latest German edition.
The book also includes separate subsections that reveal the multifaceted and complex problem field of Volume III of "Capital." One subsection is dedicated to the memory and work of our remarkable translator of "Capital" and economist N.F. Danielson (1844—1918), who first presented the text of Volume III to the Russian public in 1896. The second subsection contains a little-known text from 1905 by one of the deepest representatives of the then revisionism, Ed. Bernstein (1850—1932). The third subsection is composed of classic quantitative interpretations of Volumes I and III of "Capital" — a translation of the original article from 1907 (with its modern interpretation) by a prominent representative of the Russian analytical tradition, statistician, and economist of world renown V.I. Bortkevich (1868—1931).
For economists, sociologists, historians of economic thought, graduate students, and students, as well as for all those interested in the legacy of the classics of economic science.
