The Dialectic of Capital (2 Vols.): A Study of the Inner Logic of Capitalism (Historical Materialism Book)

This book endeavours to show what capitalism logically is all about. Too much has been talked about without its real identity exposed, or even meant to be exposed. The Dialectic of Capital: A Study of the Inner Logic of Capitalism 3 Copyright 4 Dedication 5 Contents 7 Preface to this Edition 13 Preface to the First Edition 17 Introduction 21 A Marxism, Ideology and Science 21 B The Significance of the Dialectic 38 C Political Economy and Socialism 63 Part 1: The Doctrine of Circulation (The Being of Capital) 95 Introductory Remarks 97 1 The Form of the Commodity (Quality) 102 The Hegel Correspondence 105 A The Two Factors of a Commodity Value and Use-value (The Pure Being of Value) 106 B The Forms of Value or the Expressions of Value as Exchange-value (The Determinate Being of Value) 114 C Money Prices or Values in the Form of Money (The Being-for-Self of Value) 125 2 The Form of Money (Quantity) 135 The Hegel Correspondence 137 A Money's Function as the Measure of Value (Money as Pure Quantity) 139 B Money's Function as the Medium of Circulation (Money as Quantum) 146 C Money's Function as the Store of Value 158 3 The Form of Capital (Measure) 170 The Hegel Correspondence 172 A The Form of Merchant Capital (Capital as Specific Quantum) 174 B The Form of Money-Lending Capital (Capital as the Measureless) 182 C The Form of Industrial Capital (Capital as Absolute Indifference) 190 Part 2: The Doctrine of Production (The Essence of Capital) 203 Introductory Remarks 205 4 The Production-process of Capital (Intro-Reflection) 211 Introduction 211 The Hegel Correspondence 214 A The Labour-and-Production Process (The Foundation of Capitalist Production) 216 B The Value-Formation-and-Augmentation Process (The Existence of Capitalist Production) 235 C The Development of the Capitalist Method of Production Labour-Power as a Commodity (The Thing-in-Itself of Capitalist Production) 261 5 The Circulation-process of Capital (Appearance) 284 The Hegel Correspondence 288 A The Circular Motion of Capital (The Phenomenal World of Capital) 290 B The Turnover of Capital (The Law of Phenomenon of Capital) 318 C The Circulation of Surplus Value (No Correspondence with Hegel's 'correlation') 339 6 The Reproduction-process of Capital (Actuality) 350 The Hegel Correspondence 353 A The Reproduction of the Capitalist Production-Relation (The Formal Necessity of Capitalism) 355 B The Reproduction of Goods as Commodities by Capital - The Reproduction-Schemes (The Real Possibility of Capitalism) 369 C The Actual Process of Capitalist Accumulation (The Unconditioned Actuality of Capitalism) 418 The Dialectic of Capital: A Study of the Inner Logic of Capitalism 447 Copyright 448 Dedication 449 Contents 451 Part 3: The Doctrine of Distribution (The Notion of Capital) 457 Introductory Remarks 459 7 The Theory of Profit (The Subjective Notion) 1 The Hegel Correspondence 1 A. The Rate of Profit (The Notion of Capital) 1 (a) Cost-price and the Rate of profit 1 (b) The Three Factors Influencing the Rate of Profit 1 (c) Inter-industrial Differences in the Rate of Profit 1 B. The Formation of Prices (The Judgement of Capital) 1 (a) Production-prices and the Rate of Profit 1 (b) The Law of Average Profit 1 (c) The Law of Market Value 1 C. The Rate of Profit and Technical Progress (The Syllogism of Capital) 1 (a) Surplus Profit Reflecting an Extra Surplus Value 1 (b) The Law of the Falling Rate of Profit 1 (c) The Exposition of the Internal Contradictions of Capitalism 1 8 The Theory of Rent (The Objective Notion) 677 The Hegel Correspondence 681 A The First Form of Differential Rent (The Mechanical Relation) 683 B The Second Form of Differential Rent (The Chemical Relation) 707 C Absolute Rent (The Teleological Relation) 732 9 The Theory of Interest (The Idea) 759 The Hegel Correspondence 763 A Loan-capital and Interest (Life) 765 B Commercial Capital and Its Profit (Cognition) 798 C Interest-Bearing Capital and the Completion of the Dialectic of Capital (The Absolute Idea) 828 References 853 Index 857 2Binder - Copy.pdf 1 7 The Theory of Profit (The Subjective Notion) 465 The Hegel Correspondence 469 A. The Rate of Profit (The Notion of Capital) 472 (a) Cost-price and the Rate of profit 472 (b) The Three Factors Influencing the Rate of Profit 478 (c) Inter-industrial Differences in the Rate of Profit 483 B. The Formation of Prices (The Judgement of Capital) 493 (a) Production-prices and the Rate of Profit 493 (b) The Law of Average Profit 539 (c) The Law of Market Value 579 C. The Rate of Profit and Technical Progress (The Syllogism of Capital) 617 (a) Surplus Profit Reflecting an Extra Surplus Value 617 (b) The Law of the Falling Rate of Profit 634 (c) The Exposition of the Internal Contradictions of Capitalism 655 "This is the first book written in English that tries to expose the "thing-in-itself (or inner logic)" of capitalism in a form homomorphic to Hegel's Logic, following the method previously established in Japan by Kôzô Uno (1987-1977). Neither 'bourgeois-liberal' nor even 'conventionally-Marxist' economics possess a logical (hence objective) knowledge of capitalism as such, which is regrettable. The manuscript of this book was completed in typescript at York University, Canada, in 1983, then privately published in that form by the author in about 500 copies, which are by now virtually dispersed. In order, however, to re-launch economics as objective knowledge, when the world must prepare itself to correctly terminate capitalism, we need to rediscover a book of this kind as a dependable guide"-- Provided by publisher This is the first book written in English that tries to expose the "thing-in-itself (or inner logic)" of capitalism in a form homomorphic to Hegel's Logic, following the method previously established in Japan by Kozo Uno (1987-1977). Neither 'bourgeois-liberal' nor even 'conventionally-Marxist' economics possess a logical (hence objective) knowledge of capitalism as such, which is regrettable. 0The manuscript of this book was completed in typescript at York University, Canada, in 1983, then privately published in that form by the author in about 500 copies, which are by now virtually dispersed. In order, however, to re-launch economics as objective knowledge, when the world must prepare itself to correctly terminate capitalism, we need to rediscover a book of this kind as a dependable guide