
Capital: The Process of Circulation of Capital (Annotated)
Enriched Edition. Circuits, Turnover, and Social Reproduction in the Critique of Political EconomyBy Karl MarxLength23h 38m
About this audiobook
Capital: The Process of Circulation of Capital, the second volume of Marx's great critique of political economy, shifts attention from the production of surplus value to the movement of capital through its successive forms: money, productive activity, and commodities. More analytic than polemical, the work develops a rigorous vocabulary of circuits, turnover time, reproduction schemes, and the interdependence of departments of social production. In the context of nineteenth-century political economy, it deepens and unsettles classical theories of exchange, accumulation, and crisis. Karl Marx wrote these manuscripts after decades of engagement with Hegelian philosophy, British economics, French socialism, and the realities of industrial capitalism. His exile in London, proximity to the British Museum, and observation of England's advanced capitalist system supplied both evidence and urgency. Published posthumously by Friedrich Engels in 1885, the volume reflects Marx's unfinished but extraordinarily systematic attempt to reveal capitalism as a dynamic totality. This book is essential for readers who wish to understand capitalism beyond the factory floor. Demanding yet rewarding, it is recommended to students of economics, history, sociology, and political theory seeking a profound account of circulation, reproduction, and structural instability.
This enriched edition has been carefully crafted to add value to your reading experience.
- A succinct Introduction situates the work's timeless appeal and themes.
- The Synopsis outlines the central plot, highlighting key developments without spoiling critical twists.
- A detailed Historical Context immerses you in the era's events and influences that shaped the writing.
- An Author Biography reveals milestones in the author's life, illuminating the personal insights behind the text.
- A thorough Analysis dissects symbols, motifs, and character arcs to unearth underlying meanings.
- Reflection questions prompt you to engage personally with the work's messages, connecting them to modern life.
- Hand‐picked Memorable Quotes shine a spotlight on moments of literary brilliance.
- Interactive footnotes clarify unusual references, historical allusions, and archaic phrases for an effortless, more informed read.
Audiobook details
GenreBusiness and Economics
Length23 hrs 38 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateMay 1, 2018
LanguageEnglish
Table of contents
1Introduction
38I. The Annual Rate of Surplus-Value
2Part 1 - The Metamorphoses of Capital and Their Cycles
39II. The Turn-Over of the Individual Variable Capital
31. The Circulation of Money-Capital
40III. The Turn-Over of the Variable Capital, Considered from the Point of View of Society
4I. First Stage. M-C
4117. The Circulation of Surplus-Value
5II. Second Stage. Functions of Productive Capital
42I. Simple Reproduction
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6III. Third Stage. C'-M'
43II. Accumulation and Reproduction on an Enlarged Scale
7IV. The Rotation as a Whole
44Part 3 - The Reproduction and Circulation of the Aggregate Social Capital
82. The Rotation of Productive Capital
4518. Introduction
9I. Simple Reproduction
46I. The Object of the Analysis
10II. Accumulation and Reproduction on an Enlarged Scale
47II. The Role of Money-Capital
11III. Accumulation of Money
4819. Former Discussions of the Subject
12IV. Reserve Funds
49I. The Physiocrats
133. The Circulation of Commodity-Capital
50II. Adam Smith
144. The Three Diagrams of the Process of Circulation
51III. Smith Resolves Exchange-Value into V Plus S
155. The Time of Circulation
52IV. The Constant Portion of Capital.
166. The Expenses of Circulation.
53V. Capital and Revenue in Adam Smith
17I. Genuine Expenses of Circulation.
54VI. The Economists after Smith
18II. Expenses of Storage.
5520. Simple Reproduction.
19III. Expenses of Transportation
56I. The Formulation of the Question.
20Part 2 - The Turn-Over of Capital
57II. The Two Departments of Social Production
217. The Period and Number of Turn-Overs
58III. The Transactions between the Two Departments
228. Fixed Capital and Circulating Capital
59IV. Necessities of Life and Articles of Luxury
23I. Distinctions of Form
60V. The Promotion of the Transactions by the Circulation of Money
24II. Composition, Reproduction, Repair, and Accumulation of Fixed Capital
61VI. The Constant Capital of Department I
259. The Total Turn-Over of Advanced Capital
62VII. Variable Capital and Surplus-Value in Both Departments
2610. Theories of Fixed and Circulating Capital. The Physiocrats and Adam Smith
63VIII. The Constant Capital in both Departments
2711. Theories of Fixed and Circulating Capital. Ricardo
64IX. A Retrospect on Adam Smith, Storch, and Ramsay
2812. The Working Period
65X. Variable Capital and Wages
2913. The Time of Production
66XI. Reproduction of the Fixed Capital
3014. The Time of Circulation
67XII. The Reproduction of the Money Supply
3115. Influence of the Time of Circulation on the Magnitude of an Advance of Capital
68XIII. Destutt De Tracy's Theory of Reproduction
32I. The Working Period Equal to the Period of Circulation
6921. Accumulation and Reproduction on an Enlarged Scale
33II. The Working Period Greater Than the Period of Circulation
70I. Accumulation in Department I
34III. The Working Period Smaller Than the Circulation Period
71II. Accumulation in Department II
35IV. Conclusions
72III. Diagrammatic Presentation of Accumulation
36V. The Effect of a Change of Prices
73IV. Concluding Remarks
3716. The Turn-Over of the Variable Capital