The constitution of capital: essays on volume I of Marx's Capital

The essays in this collection address specific themes in Volume I of Marx's Capital . Although the essays can be read independently, they present complementary perspectives on issues at the cutting edge of recent scholarship on Marx's work. Although all Parts of Capital I are discussed, the book is not intended to be a textbook. It will be read by specialists in the field as well as graduate students in the history of economic thought, political economy and philosophy. The essays in this important collection address specific themes at the cutting edge of recent Marxist scholarship. Although each essay can be read independently, they are united in arguing for, and demonstrating, a new focus on capitalism as a historically specific social form and in stressing the monetary nature of Marx's value theory, challenging traditional Marxist, institutionalist and neo-Schumpeterian readings of Marx's theories of money, value, surplus value and capital accumulation. The studies aim to shed new light on Marx's great work while going beyond it in many respects. The book will be welcomed by economists with an interest in the history, philosophy and methodology of economic thought as well as scholars and students of Marx. The book may also be read as an introduction to Marx's trilogy and is a companion to the collections of essays by the same contributors: The Circulation of Capital: Essays on Volume II of Marx's 'Capital'(ed. Arthur and Reuten, 1998); and The Culmination of Capital: Essays on Volume III of Marx's 'Capital' (ed. Campbell and Reuten, 2002) Front Matter....Pages i-ix Marx’s Capital I, the Constitution of Capital: General Introduction....Pages 1-34 Money and the Form of Value....Pages 35-62 The Objectivity of Value versus the Idea of Habitual Action....Pages 63-87 Reconstructing Marx on Money and the Measurement of Value....Pages 88-116 Productive Force and the Degree of Intensity of Labour: Marx’s Concepts and Formalizations in the Middle Part of Capital I ....Pages 117-145 Money and Totality: Marx’s Logic in Volume I of Capital ....Pages 146-169 Marx and the Macro-monetary Foundation of Microeconomics....Pages 170-216 Technology and History in Capitalism: Marxian and Neo-Schumpeterian Perspectives....Pages 217-242 The Social and Material Transformation of Production by Capital: Formal and Real Subsumption in Capital, Volume I ....Pages 243-273 The Inner Mechanism of the Accumulation of Capital: The Acceleration Triple — A Methodological Appraisal of Part Seven of Marx’s Capital I ....Pages 274-298 Back Matter....Pages 299-315 Edited By Riccardo Bellofiore And Nicola Taylor. Revised Versions Of Contributions First Presented At The 12th International Symposium On Marxian Theory (ismt) Held At The University Of Bergamo In July 2002. Intended As A Companion To: The Circulation Of Capital: Essays On Volume Ii Of Marx's 'capital', Edited By Christopher Arthur & Geert Reuten, Macmillan 1998, And The Culmination Of Capital: Essays On Volume Iii Of Marx's 'capital', Edited By Martha Campbell & Geert Reuten, Palgrave-macmillan 2002--pref. Includes Bibliographical References And Index.