Capital, Volume III

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Karl Marx 1894

Capital Volume Three

The Process of Capitalist Production as a Whole

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Contents

Preface

Part I The Conversion of Surplus-Value into Profit and of the Rate of Surplus-Value into the Rate of Profit Ch. 1: Cost-Price and Profit Ch. 2: The Rate of Profit Ch. 3: The Relation of the Rate of Profit to the Rate of Surplus-Value Ch. 4: The Effect of the Turnover on the Rate of Profit Ch. 5: Economy in the Employment of Constant Capital Ch. 6: The Effect of Price Fluctuations Ch. 7: Supplementary Remarks

Part II Conversion of Profit into Average Profit Ch. 8: Different Compositions of Capitals in Different Branches of Production and Resulting Differences in Rates of Profit Ch. 9: Formation of a General Rate of Profit (Average Rate of Profit) and Transformation of the Values of Commodities into Prices of Production Ch. 10: Equalisation of the General Rate of Profit Through Competition. Market-Prices and Market-Values. Surplus-Profit. Ch. 11: Effects of General Wage Fluctuations on Prices of Production Ch. 12: Supplementary Remarks

Part III The Law of the Tendency of the Rate of Profit to Fall Ch. 13: The Law as Such Ch. 14: Counteracting Influences Ch. 15: Exposition of the Internal Contradictions of the Law

Part IV Conversion of Commodity-Capital and Money-Capital into Commercial Capital and Money-Dealing Capital (Merchant's Capital) Ch. 16: Commercial Capital Ch. 17: Commercial Profit Ch. 18: The Turnover of Merchant's Capital Ch. 19: Money-Dealing Capital Ch. 20: Historical Facts about Merchant's Capital

Part V Division of Profit into Interest and Profit of Enterprise. Interest-Bearing Capital. Ch. 21: Interest-Bearing Capital Ch. 22: Division of Profit. Rate of Interest. Natural Rate of Interest. Ch. 23: Interest and Profit of Enterprise Ch. 24: Externalisation of the Relations of Capital in the Form of Interest-Bearing Capital Ch. 25: Credit and Fictitious Capital Ch. 26: Accumulation of Money-Capital. Its Influence on the Interest Rate. Ch.

27: The Role of Credit in Capitalist Production Ch. 28: Medium of Circulation and Capital; Views of Tooke and Fullarton Ch. 29: Component Parts of Bank Capital Ch. 30: Money-Capital and Real Capital.

I Ch. 31: Money-Capital and Real Capital. II Ch. 32: Money-Capital and Real Capital. III Ch. 33: The Medium of Circulation in the Credit System Ch. 34: The Currency Principle and the English Bank Legislation of 1844 Ch.

35: Precious Metal and Rate of Exchange Ch. 36: Pre-Capitalist Relationships Part VI Transformation of Surplus-Profit into Ground-Rent Ch. 37: Introduction Ch. 38: Differential Rent: General Remarks Ch. 39: First Form of Differential Rent (Differential Rent I) Ch. 40: Second Form of Differential Rent (Differential Rent II) Ch. 41: Differential Rent II — First Case: Constant Price of Production Ch. 42: Differential Rent II — Second Case: Falling Price of Production Ch.

43: Differential Rent II — Third Case: Rising Price of Production Ch. 44: Differential Rent Also on the Worst Cultivated Soil Ch.

45: Absolute Ground-Rent

Ch. 46: Building Site Rent. Rent in Mining. Price of Land. Ch. 47: Genesis of Capitalist Ground-Rent

Part VII Revenues and their Sources Ch. 48: The Trinity Formula Ch. 49: Concerning the Analysis of the Process of Production Ch. 50: Illusions Created by Competition Ch. 51: Distribution Relations and Production Relations Ch. 52: Classes

Frederick Engels. Supplement to Capital, Volume Three

A) Introduction B) The Law of Value and Rate of Profit C) The Stock Exchange “Engels' Edition of the Third Volume of Capital and Marx's Original Manuscript” Untermann translation: Volume One | Volume Two | Volume Three Political Economists | Reviews of Capital | Marx/Engels Archive Economic Works | Letters on Capital | Volume One | Volume Two