Marx-Engels Collected Works/Volume 36

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Karl Marx, Capital, Volume II[edit source]

Preface (MECW)xii
Preface to the First German Edition (Engels)5
Preface to the Second German Edition (Engels)24

Book II: The Process of Circulation of Capital[edit source]

Part I: The Metamorphoses of Capital and their Circuits[edit source]

Chapter I The Circuit of Money Capital31
  • I. First Stage. M-C
32
  • II. Second Stage. Function of Productive Capital
  • 40
  • III. Third Stage. C'-M'
  • 44
  • IV. The Circuit as a Whole
  • 54
    Chapter II The Circuit of Productive Capital70
  • I Simple Reproduction
  • 71
  • II Accumulation and Reproduction on an Extended Scale
  • 84
  • III Accumulation of Money
  • 89
  • IV Reserve Fund
  • 91
    Chapter III The Circuit of Commodity Capital92
    Chapter IV The Three Formulas of the Circuit105
  • Natural Money and Credit Economy
  • 112
  • The Meeting of Demand and Supply
  • 122
    Chapter V The Time of Circulation125
    Chapter VI The Costs of Circulation133
  • I. Genuine Costs of Circulation
  • 133
      • 1. The Time of Purchase and Sale
    133
      • 2. Bookkeeping
    137
      • 3. Money
    139
    • II. Costs of Storage
    140
      • 1. Formation of Supply in General
    146
      • 2. The Commodity Supply Proper
    147
    • III. Costs of Transportation
    152

    Part II: The Turnover of Capital[edit source]

    Chapter VII The Turnover Time and the Number of Turnovers156
    Chapter VIII Fixed Capital and Circulating Capital159
    • I. Distinctions of Form
    159
  • II. Components, Replacement, Repair, and Accumulation of Fixed Capital
  • 172
    Chapter IX The Aggregate Turnover of Advanced Capital. Cycles of Turnover185
    Chapter X Theories of Fixed and Circulating Capital. The Physiocrats and Adam Smith190
    Chapter XI Theories of Fixed and Circulating Capital. Ricardo217
    Chapter XII The Working Period230
    Chapter XIII The Time of Production239
    Chapter XIV The Time of Circulation249
    Chapter XV Effect of the Time of Turnover on the Magnitude of Advanced Capital257
  • I The Working Period Equal to the Circulation Period
  • 266
  • II. The Working Period Greater Than the Period of Circulation
  • 270
  • III. The Working Period Smaller Than the Circulation Period
  • 275
  • IV. Conclusions
  • 279
  • V. The Effect of a Change of Prices
  • 285
    Chapter XVI The Turnover of Variable Capital293
  • I. The Annual Rate of Surplus Value
  • 293
  • II. The Turnover of the Individual Variable Capital
  • 307
  • III. The Turnover of the Variable Capital from the Social Point of View
  • 312
    Chapter XVII The Circulation of Surplus Value318
  • I. Simple Reproduction
  • 322
  • II. Accumulation and Reproduction on an Extended Scale
  • 342

    Part III: The Reproduction and Circulation of The Aggregate Social Capital[edit source]

    Chapter XVIII. Introduction349
    • I. The Subject Investigated
    349
  • II. The Role of Money Capital
  • 352
    Chapter XIX Former Presentations of the Subject357
  • I. The Physiocrats
  • 357
  • II. Adam Smith
  • 360
      • 1. Smith's General Points of View
    360
      • 2. Adam Smith Resolves Exchange Value into v + s
    368
      • 3. The Constant Part of Capital
    371
      • 4. Capital and Revenue in Adam Smith
    376
      • 5. Recapitulation
    383
    • III. Later Economists
    388
    Chapter XX. Simple Reproduction390
  • I. The Formulation of the Question
  • 390
  • II. The Two Departments of Social Production
  • 394
  • III. Exchange Between the Two Departments I(v+s) versus IIc
  • 397
  • IV. Exchange Within Department 11. Necessities of Life and Articles of Luxury
  • 401
  • V. The Mediation of Exchange by the Circulation of Money
  • 410
  • VI. The Constant Capital of Department I
  • 420
  • VII. Variable Capital and Surplus Value in Both Departments
  • 424
  • VIII. The Constant Capital in Both Departments
  • 427
  • IX. A Retrospect to Adam Smith, Storch, and Ramsay
  • 432
  • X. Capital and Revenue: Variable Capital and Wages
  • 436
  • XI. Replacement of the Fixed Capital
  • 448
      • 1. Replacement of the Wear and Tear Portion of the Value in the Form of Money
    452
      • 2. Replacement of Fixed Capital in Natura
    457
      • 3. Results
    466
    • XII. The Reproduction of the Money Material
    469
  • XIII. Destutt de Tracy's Theory of Reproduction
  • 480
    Chapter XXI. Accumulation and Reproduction on an Extended Scale488
  • I. Accumulation in Department I
  • 491
      • 1. The Formation of a Hoard
    491
      • 2. The Additional Constant Capital
    495
      • 3. The Additional Variable Capital
    501
    • II. Accumulation in Department II
    501
  • III. Schematic Presentation of Accumulation
  • 506
      • 1. First Illustration
    510
      • 2. Second Illustration
    514
      • 3. Replacement of IIc in Accumulation
    520
    • IV. Supplementary Remarks
    522

    Illustrations[edit source]

    Title page of the First German Edition of Volume II of Capital3
    Title page of the Second German Edition of Volume II of Capital26
    Facsimile-of a page of the manuscript of Capital Volume II, by Karl Marx55
    Facsimile of a page of the manuscript of Capital, Volume II, edited and copied by Frederick Engels59