Karl Marx's Capital is the classic text of Marxism for economists, social scientists, philosophers, students and political activists alike. But the sheer extent of Marx's great work of political economy has often daunted readers, and hampered their understanding of his ideas. Chris Arthur has substantially edited and abridged Marx's monumental work, eliminating the more arcane polemics, the scholarly footnotes, statistical data and mathematical formulae. He leaves intact and clarified Marx's main theoretical arguments and the historical information which supports them. 'Chris Arthur has solved the problem of slimming down Capital with exceptional success' EJ Hobsbawm 'A skilful abridgement...approachable and readable' Sean Sayers, Political Studies
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Money or the Circulation of Commodities
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20 yards accumulation agricultural average becomes buyer capitalist mode capitalist production character circulation of commodities coat consequently constant capital consumption converted cooperation cotton division of labour economic employed exchange exchange-value existence exploitation expression extent Factory Act factory system form of value function given gold hand handicrafts Hence human labour increase independent individual individual capitals instruments of labour labour-process labour-time latter law of value machine machinery magnitude manufacture Marx mass means of production means of subsistence metamorphosis mode of production modern industry money-form natural necessary number of labourers operations owner process of production productive power productiveness of labour proportion purchase quantity of labour raw material realised relation relative reproduction sell seller shillings social capital society sphere spindle spinning surplus-labour surplus-population surplus-value transformation use-value value of labour-power value-form variable capital wage-labour wages whole workman workpeople yards of linen