Capital, Volume Three: The Process of Capitalist
Capital, Volume Three: The Process of Capitalist Production as a Whole is the third and final volume of Karl Marx’s magnum opus, Capital. In this volume, Marx examines the entire process of capitalist production, from the production of commodities to the circulation of capital. He examines the role of the capitalist, the worker, and the state in the production process, and how these three elements interact to create the capitalist system. He also examines the role of money and credit in the capitalist system, and how these affect the production process. Finally, Marx examines the role of the state in regulating the capitalist system, and how it can be used to create a more equitable distribution of wealth. Throughout the volume, Marx emphasizes the importance of understanding the dynamics of the capitalist system in order to create a more just and equitable society.
By Karl Marx · First published 1867 · Genre: Political Theory, Philosophy, Economics · 53 chapters · 421,136 words
First lines
In Book I we analysed the phenomena which constitute the process of capitalist production as such, as the immediate productive process, with no regard for any of the secondary effects of outside influences. But this immediate process of production does not exhaust the life span of capital. It is supplemented in the actual world by the process of circulation, which was the object of study in Book II. In the latter, namely in Part III, which treated the process of circulation as a medium for the process of social reproduction, it developed that the capitalist process of production taken as a whole represents a synthesis of the processes of production and circulation. Considering what this third book treats, it cannot confine itself to general reflection relative to this synthesis. On the contrary, it must locate and describe the concrete forms which grow out of the movements of capital as a whole. In their actual movement capitals confront each other in such concrete shape, for which the form of capital in the immediate process of production, just as its form in the process of circulation, appear only as special instances. The various forms of capital, as evolved in this book, thus approach step by step the form which they assume on the surface of society, in the action of different capitals upon one another, in competition, and in the ordinary consciousness of the agents of production themselves.
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Capital, Volume Three: The Process of Capitalist Production as a Whole is listed on Textopian as an essay by Karl Marx, dated 1867 CE.
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- Work type: Essay
- Author: Karl Marx
- Date: 1867 CE
- Language: English
- Genres: Political Theory, Philosophy, Economics, Sociology, History
- Length: 421,136 words
- Structure: 53 chapters, 3,445 paragraphs
- Reading fit: Very Confusing
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Similar titles
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- Capital Volume Two The Process Of Circulation Of Capital by Karl Marx
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Genres
- Political Theory — The book is a part of Karl Marx's magnum opus, 'Capital', which is a critique of capitalism and its effects on society. It is a work of political theory that examines the process of capitalist production as a whole.
- Philosophy — The book is a part of Karl Marx's magnum opus, 'Capital', which is a critique of capitalism and its effects on society. It is a work of philosophy that examines the process of capitalist production as a whole.
- Economics — The book is a part of Karl Marx's magnum opus, 'Capital', which is a critique of capitalism and its effects on society. It is a work of economics that examines the process of capitalist production as a whole.
- Sociology — The book is a part of Karl Marx's magnum opus, 'Capital', which is a critique of capitalism and its effects on society. It is a work of sociology that examines the process of capitalist production as a whole.
Tags
capitalism · political economy · Marxism · class struggle · labor theory of value · surplus value · economic theory · production · social relations · historical materialism · commodity · capital accumulation
Contents
- Cost-Price and Profit
- The Rate of Profit
- The Relation of the Rate of Profit to the Rate of Surplus-Value
- The Effect of the Turnover on the Rate of Profit
- Economy in the Employment of Constant Capital
- The Effect of Price Fluctuation
- Supplementary Remarks
- Different Compositions of Capitals in Different Branches of Production and Resulting Differences in Rates of Profit
- Formation of a General Rate of Profit
- Equalisation of the General Rate of Profit Through Competition
- Effects of General Wage Fluctuations on Prices of Production
- Supplementary Remarks
- The Law As Such
- Counteracting Influences
- Exposition of the Internal Contradictions of the Law
- Commercial Capital
- Commercial Profit
- The Turnover of Merchant's Capital
- Money-Dealing Capital
- Historical Facts about Merchant's Capital
- Interest-Bearing Capital
- Division of Profit. Rate of Interest
- Interest and Profit of Enterprise
- Externalization of the Relations of Capital in the Form of Interest-Bearing Capital
- Credit and Fictitious Capital
- Accumulation of Money-Capital. Its Influence on the Interest Rate
- The Role of Credit in Capitalist
- Medium of Circulation and Capital; Views of Tooke and Fullarton
- Component Parts of Bank Capital
- Money-Capital and Real Capital
- Money Capital and Real Capital
- Money Capital and Real Capital
- The Medium of Circulation in the Credit System
- The Currency Principle and the English Bank Legislation of 1844
- Precious Metal and Rate of Exchange
- Pre-Capitalist Relationships
- Introduction
- Differential Rent: General Remarks
- First Form of Differential Rent (Differential Rent I)
- Second Form of Differential Rent (Differential Rent II)
- Differential Rent II - First Case: Constant Price of Production
- Differential Rent II - Second Case: Falling Price of Production
- Differential Rent II - Third Case: Rising Price of Production
- Differential Rent Also on the Worst Cultivated Soil
- Absolute Ground-Rent
- Building Site Rent. Rent in Mining
- Genesis of Capitalist Ground-Rent
- The Trinity Formula
- Concerning the Analysis of the Process of Production
- Illusions Created By Competition
- Distribution Relations and Production Relations
- Classes
- Supplement by Frederick Engels