The second volume of a political treatise that changed the world
A vital cornerstone to Marx’s overall theory of economics, the second volume ofCapitalconsiders in depth the nature of commodity and the market-place bourgeois society. This immensely powerful work argues that prosperity in a capitalist society inevitably holds within itself the seeds of its own destruction.
For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.Capital Volume 2 Introduction Translator's Preface Preface (Frederick Engels) Preface to the Second Edition (Frederick Engels) Book II: The Process of Circulation of Capital Part One: The Metamorphoses of Capital and their CircuitChapter 1: The Circuit of Money Capital 1. First Stage. M-C 2. Second Stage. The Function of Productive Capital 3. Third Stage. C'-M' 4. The Circuit as a Whole Chapter 2: The Circuit of Productive Capital 1. Simple Reproduction 2. Accumulation and Reproduction on an Expanded Scale 3. Accumulation of Money 4. The Reserve Fund Chapter 3: The Circuit of Commodity Capital Chapter 4: The Three Figures of the Circuit (Natural Economy, Money Economy and Credit Economy) (The Matching of Demand and Supply) Chapter 5: Circulation Time Chapter 6: The Costs of Circulation 1. Pure Circulation Costs (a) Buying and Selling Time (b) Book-keeping (c) Money 2. Costs of Storage (a) Stock Formation in General (b) The Commodity Stock Proper 3. Transport Costs l£2