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Original Title:	Das Kapital: Kritik der politischen Ökonomie. Der Zirkulationsprozeß des Kapitals - Band II
ISBN:	0140445692 (ISBN13: 9780140445695)
Edition Language:	English
Series:	Capital #2

Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)

Karl Marx

Paperback | Pages: 624 pages

Rating: 4.06 | 1375 Users | 68 Reviews

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Title	:	Capital, Vol. 2: The Process of Circulation of Capital (Capital #2)
Author	:	Karl Marx
Book Format	:	Paperback
Book Edition	:	Anniversary Edition
Pages	:	Pages: 624 pages
Published	:	May 28th 1992 by Penguin Classics (first published 1885)
Categories	:	Economics. Philosophy. Politics. Nonfiction. History

Description In Favor Of 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.

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Ratings: 4.06 From 1375 Users | 68 Reviews

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Need an "I survived reading volume two" t-shirt.

Based and circulationpilledAlso surplus value is (basically) a distributive scam on the level of social capital lmao. Also fixed capital industries dominate allocation of social labour as production develops and that fucks everything up. Really fucked up but also pretty cool when put into a theory. Also increased industry means more fake money is created(Too bad Marx didnt take the final step int saying that commodity money would dissapear completely tho, hopefully other marxists later on fixed

Be warned: Capital, Vol. 2 is a ROUGH read. Marx's worst tendencies as a writer come out in force, bogging down in arid theoretical presentations and interminable algebraic calculations, with little of the literary flair and almost none of the demonstrative examples that characterize Capital, Vol. 1: A Critical Analysis of Capitalist Production. I STRONGLY suggest you arm yourself with a companion volume - David Harvey's A Companion To Marx's Capital, Volume 2, published just last year, is every

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.

holy shit this book is boring...yet apropos. what happens when capital... just. stops. moving.

The Genesis of the Industrial CapitalistBy degrees the agricultural population was transformed into material elements of variable capital. For the peasants were constrained, now that they had been expropriated and cast adrift, to purchase their value in the form of wages from their new masters, the industrial capitalists. So they were transformed into an element of constant capital.Consider the case of Westphalian peasants who, in the time of Frederic II., were all spinners of flax, and were

The main point of the book is that everything is created by the workers, but they aren't compensated fairly. Capital can survive (due to private property laws) in any times, at the expense of the human resources. E.g., in times of crises, owner still has the share of his/ her private properties, when workers, on the other hand, due to the pro-cyclical capitalism system are just fired and should still pay their rents to the private property holders.OK, organization of the business operations also