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Reading Capital

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Together with Louis Althusser’s book For Marx, Reading Capital represents one of the foundational texts of the school of “structuralist Marxism” which transformed the face of modern philosophy and social theory. Presided over by the magnetic and intellectually coruscating figure of Althusser, the structuralist Marxists attempted no less than an intellectual revolution against dominant interpretations of Marx. Seeking to cleanse Marx of all Hegelian impurities and recast his thought on a rigorously scientific basis, in this work Althusser and one of his most brilliant students and colleagues, Etienne Balibar, subjected Marx’s method in Capital, his critique of classical political economy, and the fundamental terms of historical materialism, to searching textual analysis and challenging conceptual reconstruction. Inaugurating a new way of reading Marx that was to prove both intensely stimulating and capable of generating fierce controversy, Reading Capital is a work that cannot be bypassed by anyone interested in Marxism, and in theory more generally, in this century.
"The following papers were delivered in the course of a seminar on Capital held at the École Normale Supérieure early in 1965. They bear the mark of these circumstances: not only in their construction, their rhythm, their didactic or oral style, but also and above all in their discrepancies, the repetitions, hesitations and uncertain steps in their investigations. We could, of course, have gone over them at our leisure, corrected them one against the other, reduced the margin of variation between them, unified their terminology, their hypotheses and their conclusions to the best of our ability, and set out their contents in the systematic framework of a single discourse -- in other words, we could have tried to make a finished work out of them. But rather than pretending they are what they should have been, we prefer to present them for what they are: precisely, incomplete texts, the mere beginnings of a reading."

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Louis Althusser

Louis Pierre Althusser (French: 16 October 1918 – 22 October 1990) was a French Marxist philosopher. He was born in Algeria and studied at the École normale supérieure in Paris, where he eventually became Professor of Philosophy.Althusser was a long-time member and sometimes a strong critic of the French Communist Party (Parti communiste français, PCF). His arguments and theses were set against the threats that he saw attacking the theoretical foundations of Marxism. These included both the influence of empiricism on Marxist theory, and humanist and reformist socialist orientations which manifested as divisions in the European communist parties, as well as the problem of the cult of personality and of ideology. Althusser is commonly referred to as a structural Marxist, although his relationship to other schools of French structuralism is not a simple affiliation and he was critical of many aspects of structuralism.Althusser's life was marked by periods of intense mental illness. In 1980, he killed his wife, the sociologist Hélène Rytmann, by strangling her. He was declared unfit to stand trial due to insanity and committed to a psychiatric hospital for three years. He did little further academic work, dying in 1990.

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