

Subtleties of Marx's analysis are matched with corresponding subtleties in the works of his successors, and it becomes clear that, clichés to the contrary notwithstanding, all of the major classical sociologists contributed to the project he inaugurated-the effort to understand capital in the light of what Kemple calls Marx's "surplus-value theory of labour-power." That effort, in the age of globalization, remains as relevant as ever, and Thomas Kemple is a sure-footed guide to the classical literatures that, I am convinced, remain central to our insight into this subject.”- David N. Wearing his erudition lightly, Kemple weaves a tapestry in which Marx appears alongside Goethe, Dante, Durkheim, Weber, Simmel, and a cornucopia of others. “What a treasure of insight awaits readers who open this fine book! With a light touch and a lapidary style, Thomas Kemple offers a master class in Marx's Capital, which he views through a double lens-on the one hand, the literary masterpieces from which Marx drew inspiration, and second, the classical sociology which drew inspiration from Marx and Capital. A book replete with keen observations and insights, this is also a profound meditation on what it means to really engage with the modern world, to study its forces and dynamics in the hope that one might, in some measure, transform it.”- William Clare Roberts, Associate Professor of Political Science, McGill University, author of Marx’s Inferno: The Political Theory of Marx’s Capital “In Marx’s Wager, Thomas Kemple explores the dense and thorny bramble where the classic sociological tradition wrestled with Marx’s critique of political economy even as it tried to escape from his socialist conclusions. von Goethe’s tragic epic of modernity, insofar as Marx and the classical sociologists hope to translate theory into practice while making a pact or wager with the diabolical social, political, and economic forces of the modern world. This commitment can be called ‘Faustian’, after the title character of the poet J. Despite their differences with Marx and with one another, they share his concern with how empirically detailed and scientifically valid knowledge of the social world may inform historical struggles for a more human world. Although these and other classical sociologists did not have access to most of Marx’s published and unpublished works as we do today, each is concerned with revising and refining Marx’s unfinished critique of political economy. Emile Durkheim, Max Weber, and Georg Simmel attempt to supplement what they call ‘historical materialism’ or to engage in debates about ‘socialism’ through their readings of The Communist Manifesto and occasional Capital. Wagestream Financial Services UK Ltd is a company registered in England and Wales (number 13926226) at 35 Gresse Street, London, W1T 1QY and registered with the ICO (reference ZB325608).Marx's masterpiece Capital ( Das Kapital) ignored or misread as well as selectively and creatively interpreted by the generation of social scientists that came after him. Wagestream Ltd is a company registered in England and Wales (number 11173225) at 35 Gresse Street, London, W1T 1QY registered with the Financial Conduct Authority (FCA) (firm reference 902046) as an EMD Agent of Electronic Money Institutions authorised by the Financial Conduct Authority: PayrNet Limited (firm reference 900594) and Modulr FS Limited (firm reference 900573) acts as an agent of TrueLayer Limited, who is providing the regulated Account Information Service, and who is authorised by the FCA as an Authorised Payment Institution (firm reference 901096) registered with the ICO (reference ZA421647).

Wagestream Ltd is the owner of all intellectual property rights on this site, and in all material published on it, including the trademarks WAGESTREAM and the W Device mark.
