The third volume of Capital is dangerous stuff. Just look at what happened to those who originally dealt with it.
Its posthumous publication, the personal project of Friedrich Engels, drove him to desperation—to illness and even, ultimately, to death. Originally a project slated to be finished in months, its compilation ended up lasting a decade. Engels descended into bizarre neuroses. He promised repeatedly that it would be finished in months, even as the years wore on. Unable to fathom Marx’s implications, he announced a ‘prize competition’ for the best solution of the transformation problem before the book’s publication. A range of Marxian and non-Marxian economists participated, including Eugen von Böhm-Bawerk. But the ‘competition’, in reality, was a call for help, Engels’s claim to a superior understanding of Marx’s theory a pretense, and there was little sign of a ‘prize’—all Engels awarded were vicious letters attacking the entrants for personal flaws.
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