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DAS KAPITAL

 

Das Kapital” or “Capital: Critique of Political Economy” is a three-volume work written by German economist and philosopher Karl Marx. The book was published in German between 1867 and 1883, and is considered one of the most influential works in the history of economic thought.

Volume 1 of “Capital” was published in 1867 and is perhaps the most well-known of the three volumes. In it, Marx aims to analyze the capitalist mode of production, its mechanisms, and its inherent contradictions. The book is divided into three sections: commodities and money, the transformation of money into capital, and the production of absolute surplus-value.

In the first section, Marx discusses the concept of commodities, which he defines as goods that are produced for exchange rather than for personal use. He argues that the value of a commodity is determined by the amount of labor that has gone into producing it. Marx also introduces the concept of exchange value, which he describes as the value of a commodity in relation to other commodities on the market.

In the second section, Marx delves into the transformation of money into capital. He argues that the capitalist mode of production is based on the exploitation of labor, where capitalists extract surplus value from workers by paying them less than the value they produce. This surplus value is then used to accumulate capital.

Finally, in the third section, Marx discusses the production of absolute surplus-value, which is achieved by extending the working day beyond what is necessary for workers to reproduce their labor power. Marx argues that this surplus labor is the source of profit for capitalists.

Volume 2 of “Capital” was published in 1885, and focuses on the circulation of capital. In this volume, Marx analyzes the movement of capital from one form to another, including money capital, commodity capital, and productive capital. He also discusses the process of capital accumulation, and the role of credit and banking in the capitalist system.

Volume 3 of “Capital” was published posthumously in 1894, and focuses on the process of capitalist production as a whole. Marx discusses the concept of surplus-value, and the distribution of surplus-value among various groups in society, including workers, capitalists, and landlords. He also analyzes the dynamics of competition among capitalists, and the role of the state in regulating the economy.

Overall, “Capital” is a complex and challenging work that has had a profound impact on the field of economics, as well as on social and political theory more broadly. Marx’s analysis of the capitalist mode of production and the inherent contradictions of the system have been influential in the development of Marxist theory and in critiques of capitalism more generally.

 

“Das Kapital,” also known as “Capital: Critique of Political Economy,” is a seminal work by Karl Marx published in 1867. It is divided into three volumes, with each volume containing several chapters. Here is a brief summary of each chapter in all three volumes of “Das Kapital”:

Volume 1:

1. Commodities: Marx begins by introducing the concept of commodities and their exchange value in capitalist society.
2. Exchange: This chapter discusses how the exchange of commodities leads to the emergence of money.
3. Money, or the Circulation of Commodities: Marx explores the role of money in capitalist society, as well as the circulation of commodities through the market.
4. The General Formula for Capital: This chapter introduces the concept of capital, as well as the relationship between capitalists and workers.
5. Contradictions in the General Formula of Capital: Marx discusses the contradictions inherent in the capitalist system, including the exploitation of workers.
6. The Buying and Selling of Labour-Power: This chapter focuses on the buying and selling of labour power, and how it differs from the buying and selling of other commodities.
7. The Labour-Process and the Process of Producing Surplus-Value: Marx examines the relationship between labour and value, and how workers create surplus value for capitalists.
8. Constant Capital and Variable Capital: This chapter discusses the difference between the capital invested in machinery and other constant capital, and the capital invested in labour or variable capital.
9. The Rate of Surplus Value: Marx examines how surplus value is created and how the rate of surplus value is calculated.
10. The Working Day: This chapter explores the length of the working day and how it affects workers.
11. Rate and Mass of Surplus Value: Marx discusses how surplus value is measured and how it relates to the rate of exploitation.
12. The Concept of Relative Surplus Value: This chapter examines how capitalist production increases the productivity of labour, leading to an increase in relative surplus value.
13. Co-operation: Marx explores the concept of co-operation among workers and how it can lead to an increase in productivity.
14. Division of Labour and Manufacture: This chapter discusses the division of labour in capitalist production and the emergence of the factory system.
15. Machinery and Modern Industry: Marx examines the impact of machinery on the capitalist production process, as well as its effects on workers.
16. Absolute and Relative Surplus Value: This chapter discusses the difference between absolute and relative surplus value.
17. Changes of Magnitude in the Price of Labour-Power and in Surplus Value: Marx examines how changes in the price of labour power and surplus value affect the capitalist system.
18. Different Forms of the Relative Surplus Population: This chapter explores the concept of a “surplus population” that is unemployed or underemployed.
19. The Transformation of Surplus Value into Profit, and of the Rate of Surplus Value into the Rate of Profit: Marx examines the relationship between surplus value and profit.
20. Simple Reproduction: This chapter discusses the concept of simple reproduction in capitalist production.
21. Accumulation and Reproduction on an Extended Scale: Marx explores the concept of accumulation and reproduction on a larger scale, including the role of credit and finance.

Volume 2:

1. The Commodity: This chapter explores the concept of the commodity and its use-value and exchange-value.
2. Money or the Circulation of Commodities: Marx examines the role of money in capitalist production.
3. The Turnover of Capital: This chapter discusses the turnover of capital and the circulation of commodities.
4. The Production of Relative Surplus Value: Marx examines the various ways in which capitalist production can create relative surplus value.
5. The Time of Circulation: This chapter explores the time it takes for commodities to

DAS CAPITAL CONTROVERSIES CHAPTER WISE DETAILS

“DAS KAPITAL” is a renowned work of political economy written by German philosopher and economist Karl Marx. The book is divided into three volumes, and each volume is further divided into several chapters. Among the three volumes, the second volume of “Das Kapital” is known as “The Process of Circulation of Capital.”

Here are the chapter-wise details of the second volume of “Das Kapital”:

Part 1: The Metamorphoses of Capital and Their Circuits

• Chapter 1: The Circuit of Money Capital
• Chapter 2: The Circuit of Productive Capital
• Chapter 3: The Circuit of Commodity Capital
• Chapter 4: The Three Diagrams of the Circuit

Part 2: The Turnover of Capital

• Chapter 5: The Time of Circulation
• Chapter 6: The Costs of Circulation
• Chapter 7: The Turnover of Capital
• Chapter 8: Fixed Capital and Circulating Capital
• Chapter 9: The Overall Turnover of the Capital Advanced. Turnover Cycles

Part 3: The Reproduction and Circulation of the Aggregate Social Capital

• Chapter 10: Theories of Fixed and Circulating Capital
• Chapter 11: Theories of Fixed and Circulating Capital: The Physiocrats and Adam Smith
• Chapter 12: The Reproduction and Circulation of the Aggregate Social Capital
• Chapter 13: The Reproduction of the Total Social Capital
• Chapter 14: The Division of Profit into Interest and Profit of Enterprise. Interest-Bearing Capital

Part 4: The Transformation of Commodity Capital and Money Capital into Commercial Capital and Money-Dealing Capital (Merchant’s Capital)

• Chapter 15: Commercial Capital
• Chapter 16: Commercial Profit
• Chapter 17: The Circulation of Money Capital. The Currency Under the Credit System

Part 5: The Credit System and Capital

• Chapter 18: Introduction
• Chapter 19: Money Capital and Real Capital: I. The Loan Capital
• Chapter 20: Money Capital and Real Capital: II. The Capitalization of Income
• Chapter 21: Fictitious Capital and Real Capital
• Chapter 22: The Medium of Circulation in the Credit System

Part 6: The Transformation of Surplus Profit into Ground Rent

• Chapter 23: The Modern Theory of Colonization

I hope this helps!