LOS ANGELES, CA.- A remarkably scarce letter signed by the eminent philosopher Friedrich Engels which offers a profound glimpse into his sophisticated economic theories and personal correspondence is set to go under the hammer at Nate D Sanders Auctions on September 28, 2023. Bidding begins at $160,000.
This historic letter was composed on March 19, 1895, less than five months before Engels' passing, and is addressed to the journalist Carl Hirsch, the former editor of the influential social-democratic publication "The Lantern."
In this meticulously preserved four-page letter, Engels engaged in a critical dialogue with Hirsch regarding a series of articles published in the "Sozialpolitisches Centralblatt" in 1894-95. Hirsch had sought Engels' invaluable insights for a planned second edition of his work, and the resulting letter provides unique and detailed commentary on economic theory.
One of the central themes explored in Engels' letter is the nuanced relationship between working conditions, industry size, and maturity within the business life cycle. Engels asserted that major industry, despite its challenges, largely mitigates the incapacitation experienced in manufacturing. He emphasized the significance of the division of labor as a root cause of labor's challenges, shedding light on how different industries are impacted differently.
Engels also dissects various aspects of Hirsch's work, offering pointed critiques and suggestions for clarification. His meticulous examination extends to topics such as overproduction, economic crises, and the role of machinery in concentration of work. Engels' insightful comments underscore his profound understanding of economic dynamics.
The letter, originally written in German, has been published in the "Marx/Engels Collected Works." However, it's important to note that the transcription in the collected works corrected Engels' 19th-century spelling and may contain some errors stemming from misinterpretation of his handwriting.
This extraordinary letter is written on Engels' personal stationery, featuring his home address at 41 Regent's Park Road in London., Engels' name is penned in ink on the bottom of the fourth page, likely by a later hand.
Engels' letters are exceptionally scarce in private hands, making this discovery a significant contribution to the understanding of his economic philosophy and intellectual exchanges. The letter not only provides valuable insights into Engels' economic theories but also showcases his commitment to scholarly dialogue and the rigorous examination of ideas.
This rare letter is expected to generate substantial interest among scholars, collectors, and enthusiasts of economic theory, Marxism, and historical correspondence. It represents an unparalleled opportunity to delve into the mind of one of the most influential thinkers of the 19th century.
Additional information on the letter can be found at:
https://www.natedsanders.com/LotDetail.aspx?inventoryid=65655