Download Collected Works, Volume 37: Karl Marx - Capital, Volume 3 by Karl Marx, Friedrich Engels PDF

By Karl Marx, Friedrich Engels

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Volume 37 includes quantity III of Capital first released through Engels at the foundation of the author's manuscript. quantity III bargains with the examine of these concrete types and phenomena which come up within the means of capitalist creation as a complete, as a cohesion of creation and circulation

MECW info:

Marx/Engels gathered Works (MECW) is the most important selection of translations into English of the works of Karl Marx and Friedrich Engels. It comprises all works released via Marx and Engels of their lifetimes and various unpublished manuscripts and letters. The gathered Works, which used to be translated by means of Richard Dixon and others, contains 50 volumes. It used to be compiled and published among 1975 and 2005 via growth Publishers (Moscow) in collaboration with Lawrence and Wishart (London) and overseas Publishers (New York).

The accumulated Works comprises fabric written by way of Marx among 1835 and his demise in 1883, and via Engels among 1838 and his loss of life in 1895. The early volumes contain juvenilia, together with correspondence among Marx and his father, Marx's poetry, and letters from Engels to his sister. a number of volumes gather the pair's articles for the Neue Rheinische Zeitung.

Other volumes within the amassed Works comprise recognized works of Marx and Engels, together with The Communist Manifesto, The Eighteenth Brumaire of Louis Napoleon, and Capital, lesser-known works, and formerly unpublished or untranslated manuscripts. The amassed Works comprises thirteen volumes of correspondence by way of the mature Marx and Engels, masking the interval from 1844 via 1895.
Although the accrued Works is the main whole choice of the paintings via Marx and Engels released up to now in English, it's not their whole works. A venture to post the pair's whole works in German is predicted to require greater than one hundred twenty volumes.

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Additional info for Collected Works, Volume 37: Karl Marx - Capital, Volume 3

Example text

As their constituents transformed into living labour power" (Buch I, Kap. IX, S. 312/303). a a English edition: Ch. , p. 311). - b Cf. Economic Manuscript of 1861-63 (present edition, Vol. 33, pp. 78-79). , Vol. 35, p. 179. — The Conversion of Surplus Value into Profit riable portion of capital which creates surplus value, it does so only if the other portions, the conditions of production, are likewise advanced. Seeing that the capitalist can exploit labour only by advancing constant capital and that he can turn his constant capital to good account only by advancing variable capital, he lumps them all together in his imagination, and much more so since the actual rate of his gain is not determined by its proportion to the variable, but to the total capital, not by the rate of surplus value, but by the rate of profit.

The variable part of the advanced capital, therefore, appears as capital expended in wages, as a capital value which pays for the value, and accordingly the price, of all the labour expended in production. Let us assume, for instance, that an average ten-hour social working day is incorporated in a sum of money amounting to 6 shillings. In that case the advance of a variable capital of £100 represents the money expression of a value produced in 3 3 3 ^ ten-hour working days. But this value, representing purchased labour power in the capital advanced, does not, however, form a part of the actually functioning capital.

179. — The Conversion of Surplus Value into Profit riable portion of capital which creates surplus value, it does so only if the other portions, the conditions of production, are likewise advanced. Seeing that the capitalist can exploit labour only by advancing constant capital and that he can turn his constant capital to good account only by advancing variable capital, he lumps them all together in his imagination, and much more so since the actual rate of his gain is not determined by its proportion to the variable, but to the total capital, not by the rate of surplus value, but by the rate of profit.

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