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El Capital 2 (Capital #2)

4.08  ·  Rating Details ·  982 Ratings  ·  42 Reviews
Capital 2, subtitled The Process of Circulation of Capital, was prepared by Friedrich Engels from notes left by Marx & published in 1885. It's divided into three parts: The Metamorphoses of Capital & Their Circuits, The Turnover of Capital, & The Reproduction & Circulation of the Aggregate Social Capital. Here the main ideas behind the marketplace are to be ...more
Published 1974 by Editorial Cártago (first published 1885)
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(showing 1-30)
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Luís C.
So far we have considered part of the working day when the worker simply offsets the value that the capitalist pays him, as an constant magnitude, it is invariable reality in production conditions. Beyond this necessary time, work could be extended by two, three, four, five, six, etc. hours. According to the greatness of this extension, the rate of surplus value and the length of the day varied. If the necessary labor-time was constant, the whole day was variable otherwise.

The shortening of the
...more
Elle
Sep 19, 2016 Elle rated it really liked it  ·  review of another edition
*phew*
Sara Salem
Apr 05, 2015 Sara Salem rated it really liked it  ·  review of another edition
HALLELUJAH! DONE! Now need therapy.
David Anderson
Jan 03, 2016 David Anderson rated it really liked it  ·  review of another edition
As so many others have pointed out here, Marx's Capital Vol. II is much more difficult than Vol. !. It's less literary in it's language; it's less polemical and so contains little "red meat" for political agitation; what this really means is that it contains none of the gripping historical material that grounded Vol. I and provided such a wonderful context for understanding the theoretical points Marx was making there. Vol. II is much more abstract and theoretical and it contains all that math, ...more
بهمن بهمن
Oct 21, 2016 بهمن بهمن rated it did not like it  ·  review of another edition
کارلا مارلا

لعنت به کارلا مارلا!
با آن خیار و خیارکش!

چه ساده دنیامان را
چون خدمتکارش
آبستن کرد!

کار!کار!کار!
راستی که کار دستمان داد!

نانمان را آجرکرد
و جای زنجیر
آزادی مان را گرفت!

تف به ریش شومش!
و بر ریش من!
اگر بخواهم
با خودتراش قومش
آن را بتراشم!
Tom Emanuel
Jan 15, 2014 Tom Emanuel rated it really liked it  ·  review of another edition
Be warned: Capital, Vol. 2 is a ROUGH read. Marx's worst tendencies as a writer come out in force, bogging down in arid theoretical presentations and interminable algebraic calculations, with little of the literary flair and almost none of the demonstrative examples that characterize Capital, Vol. 1: A Critical Analysis of Capitalist Production. I STRONGLY suggest you arm yourself with a companion volume - David Harvey's A Companion To Marx's Capital, Volume 2, published just last year, is every ...more
Willow L
Jul 16, 2012 Willow L rated it really liked it  ·  review of another edition
Well, I finished it at least.
I will need to go back to it. The damned thing
Ben
Jan 20, 2008 Ben rated it liked it  ·  review of another edition
Excruciatingly tedious and boring at times, it doesn't compare to the brilliant first and third volumes. Essential to understanding Marx, but not a fun read.
Sauli
Jun 23, 2017 Sauli rated it liked it  ·  review of another edition
Shelves: economics
If you want to understand Marx, this is essential. However, it's also the absolutely worst thing ever as far as readability goes. Expect to skim a lot of algebra. So 4/5 for contents, 2/5 for the style, that makes 3/5. I suspect most of us will get more out of secondary works and commentaries, anyway.
Rowland Bismark
The Genesis of the Industrial Capitalist

By degrees the agricultural population was transformed into material elements of variable capital. For the peasants were constrained, now that they had been expropriated and cast adrift, to purchase their value in the form of wages from their new masters, the industrial capitalists. So they were transformed into an element of constant capital.

Consider the case of Westphalian peasants who, in the time of Frederic II., were all spinners of flax, and were for
...more
Steve Hart
Plainly, this was a let down after Volume I. A largely impenetrable rumination on "it takes money to make money" (and also time, I suppose) that, I suspect, could be boiled down to (and presented more clearly as) less then 10 pages of algebraic formulas and a couple graphs. I only give it 3 stars (as opposed to 1 or 2) as it clearly is also an impressive exercise of force of will to which the author deserves some credit.

Unfortunately, gone are the layered historical and commentarial embellishme
...more
Claire
May 27, 2014 Claire rated it really liked it  ·  review of another edition
This book has been plaguing me, a crimson spectre lingering in my thoughts, the draft of the second volume of the magnum opus of Karl Marx, which he did not see to publication due to the illness which brought about his demise.

Many have urged me to let him requiescat in pacem if I don't have any clear plans to study history, or Russian, or French, or the Political Economy. (I am leaving RIP in Latin since the subjunctive is what I prefer - as if he were to rest in peace)

Why not seek the last vol
...more
Yann
Cette lecture m'aura couté du temps et des efforts, mais c'est sans regret que j'arrive au terme! Si j'avais lu assez rapidement le premier livre, les second et troisième m'ont arrêté dans certains passages où l'arithmétique rivalise d'aridité avec l'écriture pour accabler la bonne volonté du lecteur. A la décharge de Marx, ces deux livres ont été constitués sur la bases des notes qui ont été rassemblées après sa mort, sans qu'il ait pu apporter toutes les améliorations souhaitées.
Malgré ces in
...more
Rob
Feb 25, 2017 Rob rated it really liked it  ·  review of another edition
(8/10) It was well-done, but it was kind of unbelievable how the same stuff from the first Capital could happen again.
Loránd
Karl Marx leaves behind his dramatic fervor in this volume of Capital, and focuses on the workings of capitalism. Unfortunately, he also makes less use of the dialectical approach of explaining things and relies more on the methods, and style of classical economists. This makes reading this volume drudgery compared to the first volume. But as Marx himself said: "There is no royal road to science, and only those who do not dread the fatiguing climb of its steep paths have a chance of gaining its ...more
Timothy Dymond
'For capitalism is abolished root and branch by the bare assumption that it is enjoyment and not enrichment that works as the compelling motive.' I can't give this volume more than two stars as a reading experience as to say it is dense and difficult barely covers it. This quote is the closest I can get to in the text for a political as well as an economic message regarding capitalism. In Capital Vol 1 Marx sets out a model of capitalism showing how the laws of competition as outlined by classic ...more
Ben Kearvell
Much of Volume 2 I can only grasp basically, or allegorically. I’m no accountant. The subject, basically, is capitalist expansion – how capital accumulates, via what means and at what expense. Marx argues, where there are capitals, commodities, and surplus values, expansion will follow; not simply for the sake of the consumer, but for the sake of capitalism. Capital consumes all–most notably the working class—until finally (in Volume 3 I gather) it must consume itself.

Volume 2 is less a descript
...more
Mark Oppenlander
This second volume of Capital is less of a polemic than the first volume was. Here, Marx seems primarily concerned with working out the technical details of his theory on the circulation of capital within a society. Marx dives deeply into descriptions of the various processes of capital circulation and accumulation with numerous examples and equations to back it up. Obviously, all of this supports Marx's general proposition that all excess economic value is created through the exploitation of th ...more
bartosz_witkowski
Reading through my review of Capital vol 1 I don't think there's much else to be said about Capital vol 2. The books are atrociously bad to read. Compared to the previous one the gratuitous uses of Latin, French or Italian are gone, as are the obscure quotes, it doesn't help a notch for the readability of the book.

Arguments are presented in the most obscure manner with word salad leading to the most extreme version of semantic satiation I've seen. I read some passages 20 times to make sure that
...more
Peter Harrison
May 28, 2014 Peter Harrison rated it it was amazing  ·  review of another edition
Shelves: marx, economics
The volumes of Capital beyond Volume 1 have a reputation for being incomplete and even harder to read, and as a result I was reluctant to mark a start to Volume 2. I read this in parallel with David Harvey's second volume of his Companion to Marx's Capital. In fact I found it truly eye-opening. Marx's outline of the interlocking processes of capital circulation feels very relevant to an analysis of modern capitalism - particularly when joined to the merchants capital sections from Volume 3 as Da ...more
S.D.
Sep 04, 2009 S.D. rated it liked it  ·  review of another edition
The second volume of Marx’s dialectical evisceration of capitalism further clarifies the important difference between profit and capital, through an examination of the methods by which capital circulates. While Marx presents the methods themselves through a series of clear equations, his argument once again proves difficult to fully comprehend in parts, as otherwise clear examples are over-explained. Still, this should not deter a dedicated reader from pushing through. The reward, despite the in ...more
Chris Nagel
Volume II of Capital is a slog. I am not sure it's a worthwhile slog. A lot of it is Marx' tedious and rather unedifying algebra, attempting to illustrate the theories of capital reproduction, circulation, and accumulation. His effort is hampered by his strange addiction to gold as money in some strong sense. Since no global capitalist economy uses metal money any more, and since useful currencies are all floating, a great deal of his discussion of money was hard for me to follow and apply. I wo ...more
Motaz Soliman
Aug 01, 2013 Motaz Soliman rated it really liked it  ·  review of another edition
يكمل كارل ماركس دراستة النقدية للإقتصاد الرأس مالي بدراسة معمقة في اساليب حساب معدل القيم الزائدة و إنتاجها و تقسيم العمل , دراسة معمقة مستنيرة لينتقل بعد ذلك لدراسة الألية و الصناعات الكبرى , و ما ترتب على من أضرار على الجانبين الإنساني و الإجتماعي بالنسبة لطبقات العمال مقابل التحسن في المجالات عينها في الطبقات البرجوازية ,
و يقوم بدراسة عمل النساء و الأطفال مسلطاً الضوء على الأزمات الإنسانية في تلك المواضيع
..
و ينهي الكتاب بدراسة الأجر , من حيث توزيعة حيب الوقط او حسب القطعه و الفارق بين معدلا
...more
Krishna Avendaño
Además de lo ya criticado del tomo primero, que parte del equívoco de suponer que el valor viene determinado por el tiemp de trabajo, cuando históricamente se ha probado que éste es subjetivo, el segundo tomo de El Capital es un conjunto de páginas desordenadas, con una pobre estructua e importantes lagunas teóricas. De hecho, sus consideraciones sobre los esquemas de reproducción es bastante pobre, aún para otros economistas marxistas, como Rosa Luxemburgo. No por nada fue un texto incompleto q ...more
Patrick
Jan 25, 2017 Patrick rated it it was amazing  ·  review of another edition
I was working the circulation desk at the library the other day and a grad student saw me reading this. I told him I had never actually read any Marx and I wanted to be informed so I read it and he said "yeah maybe if you like outdated economics." Not being an economist myself I conceded his point and kept reading. Now that I've finished reading it just in time to watch capitalism destroy our planet in slow-motion, I wish I would have pushed back a little because it doesn't seem outdated to me a ...more
Henrik Lindberg
Ok, so I cheated and skimmed a bit during the two last chapters, and instead understood the chapters from Understanding Capital, volume II: a reader's guide. After reading volume 2 back-to-back to volume 1, I will definitely take a significant break before pulling volume 3 from the shelf.
Justin
Oct 22, 2008 Justin rated it it was amazing  ·  review of another edition
Shelves: philos-theory
This is not a page turner, but it is definitely necessary to understanding Marx's whole theory of capital. How the turnover period of different kinds of capital effect the outcome of circuits of investment among other topics discussed here make it hard for me to imagine understanding Volume 3 without reading this. Also, the breakdown of capital into department I and II are key distinctions in understanding the ability for capital to reproduce on an expanded scale.
Kevin
Mar 23, 2015 Kevin rated it it was ok  ·  review of another edition
This is heavy-going - not suited to reading in bursts and in fits and starts as I often have to do. very technical and abstract. It's a detailed explanation of Marx's economic concepts and relationships between capital and production and the means of production, and necessary reading for a full understanding of Marxian economics. But it takes far more attention than I was able to give it this time round.
Matthew
Aug 06, 2012 Matthew rated it really liked it  ·  review of another edition
I'd rather Marx filled more page inches with his own ideas than with critiques of bourgeois economists, but this is very good, especially once he gets to the chapters discussing surplus value. You really only start seeing the full dialectic of the work in the last 150 or so pages. If you can hold a thought in your head that long, you will find it s worth it.
Tony Schmitt
May 13, 2013 Tony Schmitt rated it really liked it  ·  review of another edition
Though it was full of good things, Marx died before he could complete the book, thus it was lacking the nice polish and linguistic flourishes of volume 1. And I would very strongly recommend watching David Harvey's lectures on volume 2 along with reading the book.
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Can't find volume 2 1 1 Jan 07, 2017 07:13AM  
  • A Companion To Marx's Capital, Volume 2
  • The Accumulation of Capital
  • Marx's Capital
  • The Antonio Gramsci Reader: Selected Writings 1916-1935
  • Late Capitalism
  • Reading Capital
  • An Introduction to the Three Volumes of Karl Marx's Capital
  • Anti-Duhring: Herr Eugen Duhring's Revolution in Science
  • History and Class Consciousness: Studies in Marxist Dialectics
  • The Long Twentieth Century
  • Left-Wing Communism, an Infantile Disorder: A Popular Essay in Marxian Strategy and Tactics
  • Zombie Capitalism: Global Crisis and the Relevance of Marx
  • Uneven Development
  • State, Power, Socialism
  • Representing Capital: A Reading of Volume One
  • The Theory of Capitalist Development
  • The Ticklish Subject: The Absent Centre of Political Ontology
7084
In 1818, Karl Marx, descended from a long line of rabbis, was born in Prussian Rhineland. Marx's' father converted to Protestantism shortly before Karl's birth. Educated at the Universities of Bonn, Jena, and Berlin, Marx founded the Socialist newspaper Vorwarts in 1844 in Paris. After being expelled from France at the urging of the Prussian government, which "banished" Marx in absentia, Marx stud ...more
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Other Books in the Series

Capital (3 books)
  • Capital, Vol 1: A Critical Analysis of Capitalist Production
  • Capital: The Process of Capitalist Production as a Whole

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“All pursuit of commodity production becomes at the same time pursuit of the exploitation of labour-power; but only capitalist commodity production is an epoch-making mode of exploitation, which in the course of its historical development revolutionizes the entire economic structure of society by its organization of the labour process and its gigantic extension of technique, and towers incomparably above all earlier epochs.” 1 likes
“It is a pure tautology to say that crises are provoked by a lack of effective demand or effective consumption. The capitalist system does not recognize any forms of consumer other than those who can pay, if we exclude the consumption of paupers and swindlers. The fact that commodities are unsaleable means no more than that no effective buyers have been found for them, i.e. no consumers (no matter whether the commodities are ultimately sold to meet the needs of productive or individual consumption).” 0 likes
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