Understand how capital moves and grows in real economies
In Capital, Volume II: The Process of Circulation of Capital, the text explains how money and goods flow through production, and how time and structure shape profits.
This edition presents a clear, step-by-step look at turning over capital, the interplay between different capitals, and the role of money in keeping production moving. It also situates these ideas within a long debate among classical economists, offering critical context without assuming prior deep expertise. You’ll get a grounded view of how turnover, circulation, and reproduction interact in a capitalist system.
- How the turnover of capital is measured and what speeds up or slows it down
- The relationship between working time, circulation time, and capital accumulation
- How two departments of production relate and how money capital operates across them
- Historical critiques of Adam Smith, Physiocrats, and other classical economists
Ideal for readers of Capital and students seeking a solid introduction to the circulation and reproduction of social capital.