Online Library of Liberty
We have a dedicated site for Germany. The most extensive and sophisticated reconstruction of Marx's Capital ever written takes the work of the Unoist school to new heights' - Robert Albritton, Associate Professor of Political Science, York University, Toronto Following the method advanced by Kozo Uno, this book provides an updated version of Marx's economic theory, in its full scope, as described in the three volumes of Das Kapital.
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It constitutes a dialectical system, consisting of the doctrines of circulation, production and distribution. The whole system defines the 'idea' or the inner 'programme' of capitalism. More than a hundred years after Marx's death, his economic work is revived here with the analytical rigour expected of modern scientific theory, yet with no concession in substance to bourgeois economics.
Its dramatis personae, not so much the worker and the industrialist as in Volume I , but rather the money owner and money lender, the wholesale merchant, the trader and the entrepreneur or functioning capitalist. Moreover, workers appear in Volume II essentially as buyers of consumer goods and therefore as sellers of the commodity labour power , rather than producers of value and surplus-value , although this latter quality established in Volume I remains the solid foundation on which the whole of the unfolding analysis is based.
Marx wrote in a letter sent to Engels on 30 April "In Book 1 [ This intertwining, conceived as a movement of commodities and of money, enabled Marx to work out at least the essential elements, if not the definitive form of a coherent theory of the trade cycle, based upon the inevitability of periodic disequilibrium between supply and demand under the capitalist mode of production Ernest Mandel , Intro to Volume II of Capital , Part 3 is the point of departure for the topic of capital accumulation which was given its Marxist treatment later in detail by Rosa Luxemburg , among others.
From Wikipedia, the free encyclopedia. Capital, Volume II. International Publishers Co, Inc.
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Marx, Karl ; Engels, Friedrich , ed. Full text at Marxists Internet Archive.