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Title | : | Capital, Vol. 2: The Process of Circulation of Capital (Capital #2) |
Author | : | Karl Marx |
Book Format | : | Paperback |
Book Edition | : | Deluxe Edition |
Pages | : | Pages: 624 pages |
Published | : | May 28th 1992 by Penguin Classics (first published 1885) |
Categories | : | Economics. Philosophy. Politics. Nonfiction. History |
Karl Marx
Paperback | Pages: 624 pages Rating: 4.06 | 1375 Users | 68 Reviews
Explanation During Books Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)
So far we have considered part of the working day when the worker simply offsets the value that the capitalist pays him, as an constant magnitude, it is invariable reality in production conditions. Beyond this necessary time, work could be extended by two, three, four, five, six, etc. hours. According to the greatness of this extension, the rate of surplus value and the length of the day varied. If the necessary labor-time was constant, the whole day was variable otherwise. The shortening of the necessary labor as well correspond to the extension of the surplus labor, or some of the time that the worker consumes far in reality for himself, would turn into working time for the capitalist. The limits of the day would not be changed, but its work division necessary and surplus labor. Moreover, the duration of surplus labor is fixed as soon as data are the limits of the day and the daily value of labor power. If it is five shillings - Gold sum which incorporated ten hours of work when the worker has to work ten hours a day to compensate for the value of its force paid daily by the capitalist, or to produce an equivalent keeps it needs for its daily maintenance. The value of these daily subsistence determines the value of its strength [1], and the value thereof determines the daily duration of his necessary work.
Describe Books To Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)
Original Title: | Das Kapital: Kritik der politischen Ökonomie. Der Zirkulationsprozeß des Kapitals - Band II |
ISBN: | 0140445692 (ISBN13: 9780140445695) |
Edition Language: | English |
Series: | Capital #2 |
Rating Containing Books Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)
Ratings: 4.06 From 1375 Users | 68 ReviewsWrite-Up Containing Books Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)
Wherein Karl Marx talks a whole lot about the constituent parts of capital.While there is some good theory in there, the biggest weakness of the volume is Marx's tendency to use seemingly arbitrary numerical examples that have the double whammy of not stemming from actual existing numbers and not being abstracted into formulas with variables. Otherwise very innovative for the time.
It's hard to imagine the dedication it must have taken for Engels to sift through Marx's apparently illegible notes and compile this book - considering how it came to be, it's shockingly coherent. Still, it's much harder to read than Volume 1, which is sprightly and fun. But no one is reading the second volume of Capital for its sparkling prose. The ideas are here, and it's remarkable how often you can point to a modern economic event and see it explained in a book from 150 years ago. The final

So far we have considered part of the working day when the worker simply offsets the value that the capitalist pays him, as an constant magnitude, it is invariable reality in production conditions. Beyond this necessary time, work could be extended by two, three, four, five, six, etc. hours. According to the greatness of this extension, the rate of surplus value and the length of the day varied. If the necessary labor-time was constant, the whole day was variable otherwise.The shortening of the
Much denser on the economic theory than volume one, though still has plenty of patented Marx Zingersâ„¢.
holy shit this book is boring...yet apropos. what happens when capital... just. stops. moving.
If you want to understand Marx, this is essential. However, it's also the absolutely worst thing ever as far as readability goes. Expect to skim a lot of algebra. So 4/5 for contents, 2/5 for the style, that makes 3/5. I suspect most of us will get more out of secondary works and commentaries, anyway.
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