On the Fourth Volume of Karl Marx's Capital

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As follows from Engels’ letter to Karl Kautsky of November 22, 1894 (see present edition, Vol. 50) this note was deliberately written as an anonymous reply to a publication in the Vorwärts, No. 266 on November 14, 1894 .

On the manuscript of Marx’s Theories of Surplus Value (the iourth volume of Capital), see Note 401.

An announcement of this published by the Vorwärts says that it would probably be necessary to forgo the publication of the fourth volume, which was to contain the history of the theory:

“apart from a few notes, no preparatory material for the concluding volume of his work has been found”.

We hope that the Vorwärts is somewhat mistaken in this. At any rate F. Engels presents us with a rather less hopeless piece of information in the Preface to the second volume of Capital. According to this, a manuscript dating from the years 1861-63, A Contribution to the Critique of Political Economy comprising 1,472 quarto pages, contains (pp. 220-972) a section entitled “Theories of Surplus Value”, of which Engels says: “This section contains a detailed critical history of the pith and marrow of Political Economy, the theory of surplus value... After eliminating the numerous passages covered by Books II and III, I intend to publish the critical part of this manuscript as Book IV[1]

  1. See present edition, Vol. 36, Engels' Preface.— Ed.