Marx-Engels Collected Works,Volume 30 - Marx: 1861-1863

Marx/Engels Collected Works (MECW) is the largest collection of translations into English of the works of Karl Marx and Friedrich Engels. It contains all works published by Marx and Engels in their lifetimes and numerous unpublished manuscripts and letters. The Collected Works, which was translated by Richard Dixon and others, consists of 50 volumes. It was compiled and issued between 1975 and 2005 by Progress Publishers (Moscow) in collaboration with Lawrence and Wishart (London) and International Publishers (New York City). Politics,Marxism Contents 2 Preface 6 I. The Production Process of Capital 44 1) Transformation of Money into Capital 44 a) M-C-M. The Most General Form of Capital 44 b) Difficulties Arising from the Nature of Value, etc 55 Exchange with Labour. Labour Process. Valorisation Process 68 Value of Labour Capacity. Minimum Salary or Average Wage of Labour 77 Exchange of Money with Labour Capacity 85 The Labour Process 89 The Valorisation Process 101 Unity of the Labour Process and the Valorisation Process. (The Capitalist Production Process) 127 The 2 Components into Which the Transformation of Money into Capital Is Divided 138 Additions 172 2) Absolute Surplus Value 207 a) Surplus Value Is to Be Conceived as a Simple Relation to a Definite Portion of Capital, Namely That Laid Out in Wages 207 b) Ratio of Surplus Labour to Necessary Labour. Measure of Surplus Labour 215 c) Advantage of Overwork 220 d) Simultaneous Working Days 220 e) Character of Surplus Labour 225 Additions 228 Rate of Surplus Value 264 3) Relative Surplus Value 268 a) Cooperation 290 b) Division of Labour 299 / Digression: ( on Productive Labour)// 341 y) Machinery. Utilisation of the Forces of Nature and of Science ( steam, electricity, mechanical and chemical agencies) 353 5) Theories of Surplus Value 383 a) [ Sir James Steuart] 383 b) The Physiocrats 387 c) Adam Smith 411 [ Inquiry into How It Is Possible for the Annual Profit and Wages to Buy the Annual Commodities, Which Besides Profit and Wages Also Contain Constant Capital] 446 NOTES AND INDEXES 490 Notes 490 Name Index 517 Index of Quoted and Mentioned Literature 525 Index of Periodicals 536 Illustrations 490 Cover page of Notebook I of the Economic Manuscript of 1861-63 42 Inside cover page of Notebook I of the Economic Manuscript of 1861- 63 43 Page 113 of Notebook III of the Economic Manuscript of 1861- 63 242 Page 182 of Notebook V of the Economic Manuscript of 1861- 63 342 Page 220 of Notebook VI of the Economic Manuscript of 1861- 63 384