September 14
Karl Marx Publishes Das Kapital Volume One
Karl Marx’s exhaustive analysis of capitalist production and exploitation reached print for the first time when the first volume of Das Kapital appeared in Hamburg bookstores in September 1867.
Summary
After years of research in London libraries while supported by Friedrich Engels, Karl Marx completed the first volume of his critique of political economy. On September 14, 1867, the work titled Das Kapital: Kritik der politischen Ökonomie appeared in German from the publisher Otto Meissner in Hamburg. The book analyzed the capitalist mode of production, labor theory of value, surplus value, and exploitation within industrial economies. It built on Marx’s earlier writings and Engels’ contributions, presenting a systematic examination of economic structures and class relations. Subsequent volumes were edited and published posthumously by Engels.
Context
Following the defeated revolutions across Europe in 1848, Karl Marx lived in political exile in London, where he devoted years to systematic study of political economy in the reading room of the British Museum. He drew on earlier collaborative work, including the 1848 Communist Manifesto written with Friedrich Engels, and his own 1859 Contribution to the Critique of Political Economy. Engels, who ran a family business in Manchester, supplied ongoing financial assistance that made the prolonged research possible amid Marx’s recurring illnesses and family hardships.
By the early 1860s Marx had produced extensive drafts examining how value is created through labor and how capitalists extract surplus value. Industrial Britain provided the concrete setting for his observations of factories, wages, and markets. The completed manuscript for the first volume focused on the production process itself, setting the stage for later analysis of circulation and the overall movement of capital.
What Happened
In April 1867 Marx traveled from London to Hamburg to hand the finished manuscript to publisher Otto Meissner. The book, Das Kapital: Kritik der politischen Ökonomie, Book One, was printed and released on September 14 of that year in an edition of one thousand copies. Marx returned to England and began receiving copies while monitoring early responses from correspondents.
Friedrich Engels read the published text promptly and sent detailed comments, commending the core arguments yet urging improvements in organization. Marx immediately started marking corrections in his own copy, noting passages he wished to revise for subsequent printings. The initial public reception in Germany remained limited, with sales proceeding slowly over the following years.
Aftermath
Marx continued revising the text for a second German edition that appeared in installments between 1872 and 1873. A French translation, prepared under his supervision, was published in serial form from 1872 to 1875. Engels assumed responsibility for bringing the unfinished second and third volumes to press after Marx’s death in 1883, issuing them in 1885 and 1894 respectively.
Legacy
Das Kapital supplied the theoretical framework for Marxist economics and became a central reference for socialist parties, trade unions, and revolutionary movements across the twentieth century. Its concepts of labor value, surplus value, and class conflict shaped academic debates in economics, sociology, and history, while influencing the policies of governments that emerged from socialist revolutions.
Later interpreters have read the work both as a scientific critique of capitalism and as a call to political action. Its arguments continue to inform discussions of inequality, globalization, and labor relations long after the original publication.
Why It Matters
Das Kapital provided the theoretical foundation for Marxist economics and socialist movements worldwide, shaping labor theory, critiques of capitalism, and political ideologies that influenced revolutions, unions, and academic discourse throughout the 20th century and beyond.
Related Questions
Where did Marx conduct most of the research for Das Kapital?
Marx carried out the bulk of his reading and writing in the library of the British Museum in London after settling there in exile following the 1848 revolutions.
How did Friedrich Engels contribute to the project?
Engels supplied financial support that allowed Marx to work full time, reviewed drafts closely, and later edited and published the unfinished second and third volumes after Marx’s death.
What was the initial print run and sales pace of the first volume?
The first edition consisted of one thousand copies; it took roughly four years for the entire run to sell out.
Did Marx revise the book after its first publication?
Yes, Marx made numerous corrections in his personal copy and incorporated many of them into the second German edition of 1872–1873 and the French edition of 1872–1875.
Who published the later volumes of Das Kapital?
Friedrich Engels prepared and issued Volume Two in 1885 and Volume Three in 1894 using Marx’s existing manuscripts.
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Sources
- Das Kapital published 150 years ago, Social History Portal. Accessed 2026-07-04.