Capital
Karl Marx’s second volume in his monumental criticism of capitalism was prepared by Friedrich Engels from notes left for
329 104 2MB
English Year 1992
Table of contents :
CONTENTS --
PREFACE --
PREFACE TO THE SECOND EDITION --
CHAPTER I. The Circuit of Money-Capital --
I. First Stage. M-C2 39 --
II. Second Stage. Function of Productive Capital 51 --
III. Third Stage. C'-M' 56 --
IV. The Circuit as a Whole 70 --
CHAPTER II. The Circuit of Productive Capital --
I. Simple Reproduction 87 --
II. Accumulation and Reproduction on an Extended Scale 106 --
III. Accumulation of Money 112 --
IV. Reserve Fund 114 --
CHAPTER III. The Circuit of Commodity Capital --
CHAPTER IV. The Three Formulas of the Circuit Natural, Money and Credit Economy 155 The Meeting of Demand and Supply 157 --
CHAPTER V. The Time of Circulation --
CHAPTER VI. The Costs of Circulation --
I. Genuine Costs of Circulation 173 --
1. The Time of Purchase and Sale 173 --
2. Book-Keeping 179 --
3. Money 182 --
II. Costs of Storage 183 --
1. Formation of Supply in General 184 --
2. The Commodity-Supply Proper 193 --
III. Costs of Transportation 200 --
CHAPTER VII. The Turnover Time and the Number of Turnovers --
CHAPTER VIII. Fixed Capital and Circulating Capital I. Distinctions of Form 210II. Components, Replacement, Repair and Accumulation of Fixed Capital 226 --
CHAPTER IX. The Aggregate Turnover of Advanced Capital --
CHAPTER X. Theories of Fixed Capital and Circulating Capital --
CHAPTER XI. Theories of Fixed and Circulating Capital. Ricardo --
CHAPTER XII. The Working Period --
CHAPTER XIII. The Time of Production --
CHAPTER XIV. The Time of Circulation --
CHAPTER XV. Effect of Time of Turnover on the Magnitude of Advanced Capital --
I. The Working Period Equal to the Circulation Period 359 II. The Working Period Greater Than the Period of Circulation 365 III. The Working Period Smaller Than the Circulation Period 371 --
IV. Conclusions 377 --
V. The Effect of a Change of Prices 384 --
CHAPTER XVI. The Turnover of Variable Capital --
I. The Annual Rate of Surplus-Value 396 --
II. The Turnover of the Individual Variable Capital 416 --
III. From the Social Point of View 422 --
CHAPTER XVII. The Circulation of Surplus-Value --
I. Simple Reproduction 438 --
II. Accumulation and Reproduction on an Extended Scale 465 CHAPTER XVIII. Introduction I. The Subject Investigated 473 --
II. The Role of Money-Capital 477 --
CHAPTER XIX. Former Presentations of the Subject --
I. The Physiocrats 485 --
II. Adam Smith 489 --
1. Smith's General Points of View 489 --
2. Adam Smith Resolves Exchange-Value into v+s 500 --
3. The Constant Part of Capital 504 --
4. Capital and Revenue in Adam Smith 511 --
5. Recapitulation 520 --
III. Later Economists 526 --
CHAPTER XX. Simple Reproduction --
I. The Formulation of the Question 530
CONTENTS --
PREFACE --
PREFACE TO THE SECOND EDITION --
CHAPTER I. The Circuit of Money-Capital --
I. First Stage. M-C2 39 --
II. Second Stage. Function of Productive Capital 51 --
III. Third Stage. C'-M' 56 --
IV. The Circuit as a Whole 70 --
CHAPTER II. The Circuit of Productive Capital --
I. Simple Reproduction 87 --
II. Accumulation and Reproduction on an Extended Scale 106 --
III. Accumulation of Money 112 --
IV. Reserve Fund 114 --
CHAPTER III. The Circuit of Commodity Capital --
CHAPTER IV. The Three Formulas of the Circuit Natural, Money and Credit Economy 155 The Meeting of Demand and Supply 157 --
CHAPTER V. The Time of Circulation --
CHAPTER VI. The Costs of Circulation --
I. Genuine Costs of Circulation 173 --
1. The Time of Purchase and Sale 173 --
2. Book-Keeping 179 --
3. Money 182 --
II. Costs of Storage 183 --
1. Formation of Supply in General 184 --
2. The Commodity-Supply Proper 193 --
III. Costs of Transportation 200 --
CHAPTER VII. The Turnover Time and the Number of Turnovers --
CHAPTER VIII. Fixed Capital and Circulating Capital I. Distinctions of Form 210II. Components, Replacement, Repair and Accumulation of Fixed Capital 226 --
CHAPTER IX. The Aggregate Turnover of Advanced Capital --
CHAPTER X. Theories of Fixed Capital and Circulating Capital --
CHAPTER XI. Theories of Fixed and Circulating Capital. Ricardo --
CHAPTER XII. The Working Period --
CHAPTER XIII. The Time of Production --
CHAPTER XIV. The Time of Circulation --
CHAPTER XV. Effect of Time of Turnover on the Magnitude of Advanced Capital --
I. The Working Period Equal to the Circulation Period 359 II. The Working Period Greater Than the Period of Circulation 365 III. The Working Period Smaller Than the Circulation Period 371 --
IV. Conclusions 377 --
V. The Effect of a Change of Prices 384 --
CHAPTER XVI. The Turnover of Variable Capital --
I. The Annual Rate of Surplus-Value 396 --
II. The Turnover of the Individual Variable Capital 416 --
III. From the Social Point of View 422 --
CHAPTER XVII. The Circulation of Surplus-Value --
I. Simple Reproduction 438 --
II. Accumulation and Reproduction on an Extended Scale 465 CHAPTER XVIII. Introduction I. The Subject Investigated 473 --
II. The Role of Money-Capital 477 --
CHAPTER XIX. Former Presentations of the Subject --
I. The Physiocrats 485 --
II. Adam Smith 489 --
1. Smith's General Points of View 489 --
2. Adam Smith Resolves Exchange-Value into v+s 500 --
3. The Constant Part of Capital 504 --
4. Capital and Revenue in Adam Smith 511 --
5. Recapitulation 520 --
III. Later Economists 526 --
CHAPTER XX. Simple Reproduction --
I. The Formulation of the Question 530
