TRANSLATOR'S NOTE

This is an original translation not only of the main body of the work

but also of a number of quotations from foreign authors. Page references

thus usually indicate the original foreign sources.

In so far as possible, however, I have availed myself of existing

translations and have referred to the following standard works:

Karl Marx: _Capital_, vol. i (transl. by Moore-Aveling, London, 1920);

vol. ii (transl. by E. Untermann, Chicago, 1907); vol. iii (transl.

by E. Untermann, Chicago, 1909)

_The Poverty of Philosophy_ (translator's name not given, London,

1936).

Sismondi's introduction to the second edition of _Nouveaux Principes_ is

quoted from M. Mignet's translation of selected passages by Sismondi,

entitled _Political Economy and the Philosophy of Government_, London,

1847. No English translation exists of Marx's _Theorien über den

Mehrwert_.

Unfortunately, not all the West European texts, and none of the

Russian--except Engels' correspondence with Nikolayon--were accessible

to me, and I regret having been unable to trace some quotations and

check up on others. In such cases, the English version follows the

German text and will at least bring out the point the author wanted to

make.

To save the reader grappling with unfamiliar concepts, I have converted

foreign currencies and measures into their English equivalents, at the

following rates:

20 _marks_--25 _francs_--$5--£1 (gold standard); 1 _hectare_--(roughly)

2·5 acres; 1 _kilometre_--5/8 mile.

I am glad of this opportunity to express my gratitude to Dr. W. Stark

and Mrs. J. Robinson for the helpful criticism and appreciation with

which my work has met.

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