Understanding Capital Volume II
A Reader's Guide
Fox, John
Publisher: Progress Books, Toronto, Canada
Year Published: 1985
Pages: pp136 ISBN: 0-919396048-8
Library of Congress Number: HB501.M37F694 Dewey: 335.4/12
Resource Type: Unclassified
A study guide to Marx's Capital, Volume II. The guide grew out of a reading and discussion group organized by the Marxist Institute, Toronto.
Abstract:
A study guide to Marx's Capital, Volume II. The guide continues the work of an earlier book on Volume I (J. Fox and W. Johnston, Understanding Capital: A Guide to Volume I, Progress Books, 1978).
In Volume II of Capital, Marx shifts his focus from the sphere of production of commoditiies to the sphere of circulation. Circulation is crucial to the expansion of capital, for it is only through sale of commodities that produced surplus-value is realized in the form of profit. By raising the issue of economic crisis at a number of points in the text, Marx underscores the problematic nature of the articulation of capitalist production and exchange.
Divided into nine (9) weekly readings, the guide consists of relatively detailed chapter summaries, including diagrams and tables where helpful to clarify the text, a glossary of terms and a set of questions.
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