Marx & Engels Collected Works
Volume 29
1857-1861
(Grundrisse, A Contribution to the Critique of Political Economy)
Contents
Capital
Preface to Marx-Engels Collected Works Volume (29)
Grundrisse
Foundations of the Critique of Political Economy (Grundrisse)
Note from MIA
[III. Chapter on Capital]
III. Chapter on Capital - Section 3: Capital as Fructiferous. Transformation of Surplus Value into Profit
Rate of profit. – Fall of the rate of profit. – Rate of profit. – Sum of profit. – Atkinson. A. Smith. Ramsay. Ricardo. – Surplus value as profit always expresses a lesser proportion. – Wakefield. Carey. Bastiat
Capital and revenue (profit). Production and distribution. Sismondi. – Production costs from capital's viewpoint. Profit, ditto. – Inequality of profits. Equalization and communal rate of profit. – Transformation of surplus value into profit. – Laws
Surplus value = relation of surplus labour to necessary labour
Value of fixed capital and its productive power. Durability of fixed capital, ditto. – The powers of society, division of labour etc. cost capital nothing. – Distinction between this and machinery (capitalist's economy in the employment of machinery). – Profit and surplus value
Machinery and surplus labour. Recapitulation of the doctrine of surplus value generally
Relation between the objective conditions of production. Change in the proportion of the component parts of capital
Money and fixed capital: presupposes certain amount of wealth. (Economist.) – Relation of fixed capital and circulating capital. Cotton-spinner (Economist)
Slavery and wage labour (Steuart). – Profit upon alienation. Steuart
Wool industry in England since Elizabeth (Tuckett). – Silk-manufacture (Same). Ditto Iron. Cotton
Origin of free wage labour. Vagabondage. Tuckett
Blake on accumulation and rate of profit. (Shows that prices etc. not indifferent because a class of mere consumers does not at the same time consume and reproduce.) – Dormant capital
Domestic agriculture at the beginning of the sixteenth century. Tuckett
Profit. Interest. Influence of machinery on the wage fund. Westminster Review
[ Money as measure of values and yardstick of prices. Critique of theories of the standard measure of money. ]
[More on the critique of theories about medium of circulation and money. – Transformation of the medium of circulation into money. – Formation of treasures. – Means of payment. – Prices of commodities and quantity of circulating money. – Value of money ]
Capital, not labour, determines the value of the commodity. Torrens
The minimum of wages
1826 cotton machinery and workmen. Hodgskin
How the machine creates raw material. Linen industry. Tow yarn. Economist
Machinery and surplus labour
[Addenda to the Chapters on Money and on Capital]
A Contribution to the Critique of Political Economy
Introductory note from Marx-Engels Collected Works, Volume 29
Preface
Chapter 1: The Commodity
Note A. Historical Notes on the Analysis of Commodities
Chapter 2: Money or Simple Circulation
1. Measure of Value
2. Medium of Exchange
a. The Metamorphosis of Commodities
b. The Circulation of Money
c. Coins and Tokens of Value
3. Money
a. Hoarding
b. Means of Payment
c. World Money
4. The precious metals
Note B. Theories of the Standard of Money
Note C. Theories of the the Medium of Circulation and of Money
Appendix: Introduction by Karl Marx
I. Production, Consumption, Distribution, Exchange (Circulation)
1. Production
2. The general relations of production, of distribution, exchange and consumption
a. [Production and Consumption]
b. [Production and Distribution]
c. Lastly, Exchange and Circulation
3. The method of political economy
4. Production
Appendix: Index to the 7 Notebooks
Appendix: Original text of Second and beginning of Third chapter
[Chapter Two, Money]
[2) Money As Means Of Payment]
3) Money As International Means of Payment and Purchase, As World Coin
4) The Precious Metals as Vehicles of the Money Relationship
5) The Manifestation of the Law of Appropriation in the Simple Circulation
6) Transition to Capital
Chapter Three. Capital
A) The Process of Production of Capital
1) The Transformation of Money into Capital
Appendix: Additional Notes
THE AESTHETIC PROPERTY OF GOLD
INVARIABLE VALUE OF MONEY
MONEY AS MONEY (WORLD COIN, ETC.)
FORM OF PROPERTY
Appendix: Draft Plan of the Chapter on Capital
Appendix: References to My Own Notebooks