This brilliantly concise book is a classic introduction to Marx's key work, "Capital". In print now for over a quarter of a century, and previously translated into many languages, the new edition has been fully revised and updated, making it an ideal modern introduction to one of the most important texts in political economy.The authors cover all central aspects of Marx's economics. They explain the structure of Marx's analysis and the meaning of the key categories in "Capital", showing the internal coherence of Marx's approach. Marx's method and terminology are explored in detail, with supporting examples. Short chapters enable the meaning and significance of Marx's main concepts to be grasped rapidly, making it a practical text for all students of social science. Discussing "Capital's" relevance today, the authors consider Marx's impact on economics, philosophy, history, politics and other social sciences. Keeping abstract theorizing to a minimum, this readable introduction highlights the continuing relevance of Marx's ideas in the light of the problems of contemporary capitalism.
- Paperback | 216 pages
- 125 x 177 x 19mm | 200g
- 01 Feb 2004
- PLUTO PRESS
- London, United Kingdom
- 4th Revised edition
Table of contents
AcknowledgementsPreface to the Fourth EditionPreface to the Third EditionPreface to the Second Edition1. History and Method2. Commodity Production3. Capital and Exploitation4. The Circuit of Industrial Capital5. Economic Reproduction6. Accumulation of Capital7. Capitalism and Crisis8. The Compositions of Capital9. The Falling Rate of Profit10. The Transformation Problem11. Merchant's Capital12. Banking Capital and the Theory of Interest13. Marx's Theory of Agricultural Rent14. Conclusion: Marxism and the Twenty-First CenturyReferencesIndex
'This expert guide to the political economy of Marx's Capital has always been the very best available. The fourth edition, welcome in its own right, updates the text in the light of recent scholarship. It is thoroughly recommended not only for beginners but to anyone interested in the applicability of Marxian theory to the parlous condition of contemporary capitalism.'David Harvey, author of 'Limits to Capital' and 'The Condition of Postmodernity''For almost thirty years, Marx's Capital has provided an invaluable introduction to Marx's great work. This fourth edition is much more than an updating of its predecessors: its coverage is more comprehensive and sophisticated and the book provides very useful guides to key debates and further reading. The book is not only of interest to students of Marx - it should be compulsory reading for all serious students of economics.'Professor Simon Clarke, University of Warwick'Marx's Capital is an admirably clear explanation of complex ideas, which has the rare virtue of saying something important to economists while being accessible to non-specialist readers. It also does a very good job of showing the urgent relevance of Marx's Capital today.'Ellen Meiksins Wood, author of 'The Empire of Capital' (Verso, 2003) and 'The Origin of Capitalism' (Verso, 2002)'The new edition of "Marx's Capital" is definitely the best edition yet. It reflects both current discussions among Marxist economists and developments in the world economy and has no equal as an introduction to Capital for undergraduate students.'Professor Michael A. Lebowitz, Simon Fraser University, Canada'"Marx's Capital" has been the definitive introduction to the economic theory of the great revolutionary for over twenty years. The new edition, which adds considerable material in terms of both topics and recent contributions, should be the definitive introduction for the next twenty years.'Professor John Weeks, School of Oriental and African Studies '...this small book is a useful introduction for students to key concepts in Marx's Capital.'Marxist review'The authors explain the labour theory of value with admirable clarity, addressing objections and providing examples from the real economy.'Labour Research
About Ben Fine
Ben Fine is professor of economics and Alfredo Saad Filho is senior lecturer in political economy of development at SOAS, University of London. Ben Fine is the author of numerous books, most recently Social Capital versus Social Theory: Political Economy and Social Science at the Turn of the Millennium. Alfredo Saad-Filho is the author of The Value of Marx: Political Economy for Contemporary Capitalism and the editor of Anti-Capitalism: A Marxist Introduction (Pluto Press, 2003).