How to Read Marx's Capital

Overview

Capital Volume One is essential reading on many undergraduate courses, but the structure and style of the book can be confusing for students and general readers leading them to abandon the text. This book is a clear guide to reading Marx's classic text, which explains the reasoning behind the book's structure and provides help with the more technical aspects that non-economists may find taxing.

Readers are urged to think for themselves even as they are shown how to engage with ...

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How to Read Marx's Capital

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Overview

Capital Volume One is essential reading on many undergraduate courses, but the structure and style of the book can be confusing for students and general readers leading them to abandon the text. This book is a clear guide to reading Marx's classic text, which explains the reasoning behind the book's structure and provides help with the more technical aspects that non-economists may find taxing.

Readers are urged to think for themselves even as they are shown how to engage with Marx's powerful methods of argument and explanation. Shapiro shows that Capital is key to understanding critical theory and modern culture. This highly focused book will prove invaluable to students of politics, cultural studies and literary theory.

About the Author:
Stephen Shapiro lectures in the Department of English and Comparative Literary Studies at the University of Warwick

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Product Details

  • ISBN-13: 9780745325613
  • Publisher: Pluto Press
  • Publication date: 5/22/2008
  • Series: How to Read Theory
  • Pages: 192
  • Product dimensions: 4.80 (w) x 7.00 (h) x 0.50 (d)

Meet the Author

Stephen Shapiro lectures in the Department of English and Comparative Literary Studies at the University of Warwick.

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Table of Contents

Pt. 1 Commodities and Money

1 The Commodity 1

2 The Process of Exchange 40

3 Money, or the Circulation of Commodities 43

Pt. 2 The Transformation of Money into Capital

4 The General Formula for Capital 55

5 Contradictions in the General Formula 60

6 The Sale and Purchase of Labour-Power 63

Pt. 3 The Production of Absolute Surplus-Value

7 The Labour Process and the Valorization Process 72

8 Constant Capital and Variable Capital 78

9 The Rate of Surplus-Value 79

10 The Working Day 82

11 The Rate and Mass of Surplus-Value 92

Pt. 4 The Production of Relative Surplus-Value

12 The Concept of Relative Surplus-Value 96

13 Co-operation 98

14 The Division of Labour and Manufacture 105

15 Machinery and Large-Scale Industry 117

Pt. 5 The Production of Absolute and Relative Surplus-Value

16 Absolute and Relative Surplus-Value 140

17 Changes of Magnitude in the Price of Labour-Power and in Surplus-Value 141

18 Different Formulae for the Rate of Surplus-Value 141

Pt. 6 Wages

19 The Transformation of the Value (and Respectively the Price) of Lahour-Power into Wages 142

20 Time-Wages 142

21 Piece-Wages 142

22 National Differences in Wages 142

Pt. 7 The Process of Accumulation of Capital

23 Simple Reproduction 145

24 The Transformation of Surplus-Value into Capital 147

25 The General Law of Capitalist Accumulation 150

Pt. 8 So-Called Primitive ['Originating'] Accumulation

26 The Secret of Primitive Accumulation 159

27 The Expropriation of the Agricultural Population from the Land 162

28 Bloody Legislation Against the Expropriated Since the End of the Fifteenth Century. The Forcing Down of Wages by Act of Parliament 166

29 The Genesisof the Capitalist Farmer 167

30 Impact of the Agricultural Revolution on Industry. The Creation of a Home Market for Industrial Capital 167

31 The Genesis of the Industrial Capitalist 168

32 The Historical Tendency of Capitalist Accumulation 171

33 The Modern Theory of Colonization 172

Suggestions for Further Reading 174

Index 176

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