Rodbertus and the Practicians among the Economists of the Eighteenth Century, 2. Absolute Rent Causes the Prices of Agricultural Products to Rise, 3. Scanned by Ismail, sent to him by Nathan O'Connor. Smith’s Identification of Surplus-Value with Profit. Proclamation of the “Industrial Capitalist” as the Sole Productive Labourer, 15. Smith’s Conclusions Regarding the Theory of Rent, 4. Amortisation of Fixed Capital and Its Role in the Process of Accumulation, 4. Historical Conditions for the Development of the Theory of Rent by Anderson and Ricardo, 2. Certain False Assumptions Are Retained in Ricardo’s New Formulation of the Question, (d)  Ricardo’s Correct Determination of Some of the Consequences of the Introduction of Machines for the Working Class. By natural price he means in fact value, and it is only this that concerns us here, since it is on the determination of value that the determination of surplus value depends. The Interrelation Between the Accumulation of Capital and the So-called “Labour Fund”, (b)  On the Exchange Between Capital and Revenue in the Case of Simple Reproduction and of the Accumulation of Capital, (c)  The Merits of the Author of the Pamphlet and the Theoretical Confusion of His Views. The Vicious Circle of Smith’s Conception of “Natural Price” as the Sum of Wages, Profit and Rent, 8. The Social Essence of Malthus’s Polemic Against Ricardo. Theories was intended to be collected and published as the fourth volume to Marx's Capital, but after Engels had successfully collected and published volumes two and three after Marx's death, Engels died before he could publish it. Adhering to David Ricardo’s labour theory of value, Karl Marx held that human labour was the source of economic value. The View of Capital as the Surplus Product of the Worker. Nathaniel Forster on the Hostility Between Landowners and Traders, 3. Theories of surplus-value (volume IV of Capital) This edition published in 1963 by Progress Publishers in Moscow. Germain Garnier. Apologetic Notions in the Ricardian Explanation of the Problem, (a)  Barton’s Thesis that Accumulation of Capital Causes a Relative Decrease in the Demand for Labour. Ravenstone. Article shared by. Vulgar Economists Attempt to Give the Irrational Forms of Interest and Rent a Semblance of Rationality, 6. Topics Marxism, capitalism, David Ricardo, Johann Karl Rodbertus, rent, profit Collection opensource Language English. Bailey’s Subjective Standpoint, (a)  Vulgarisation and Complete Decline of the Ricardian System under the Guise of Its Logical Completion. Ricardo’s Confusion about the Question of “Absolute” and “Relative” Value. Ferrier Protectionist Character of Ferrier’s Polemics against Smith’s Theory of Productive Labour and the Accumulation of Capital. The Costs of Bringing Land into Cultivation. Herr Rodbertus. Anderson’s Definition of Rent. His Lack of Understanding of the Process of Equalisation of the Rate of Profit and of the Transformation of Va1ues into Cost-Prices, 5. The Direct Transformation of a Part of Surplus-Value into Constant Capital—a Characteristic Peculiar to Accumulation in Agriculture and the Machine-building Industry, 5. Contradictions in His Views on Gross and Net Revenue, 9. Elements of the Conception of “Profit upon Alienation”. Malthus’s Use of the Ricardian Theses of the Modification of the Law of Value in His Struggle Against the Labour Theory of Value, 7. Reproduction of the Different Parts of Constant Capital, 2. The Inadequacy of the Ricardian Definition of Rent, Chapter XII. Part 3 appeared in … On the Organic Composition of Capital. Relative Surplus-Value. The Separation of Individual Parts of Surplus-Value in the Form of Different Revenues. The Connection Between Ricardo’s Theory of Rent and His Explanation of Cost-Prices, 3. Ricardo’s Denial of Absolute Rent—a Result of His Error in the Theory of Value, 6. Vulgar Conception of the Relation between Capital and Labour as an Exchange of Services, (f)  The Labour of Handicraftsmen and Peasants in Capitalist Society, (g)  Supplementary Definition of Productive Labour as Labour Which Is Realised in Material Wealth, (h)  Manifestations of Capitalism in the Sphere of Immaterial Production, (i)  The Problem of Productive Labour from the Standpoint of the Total Process of Material Production, (j)  The Transport Industry as a Branch of Material Production. The value of the product produced by labor is greater than the actual price of labor as paid out in wages. The Transformation of Capitalised Surplus-Value into Constant and Variable Capital, 7. Value Operates in the Exchange between Capital and Wage-Labour] [5. Ricardo’s Theory Of Rent (Conclusion), 1. Apologist Conception of the Productivity of All Professions, 12. His First Explanation: the View of Productive Labour as Labour Exchanged for Capital, 4. New Theory of Rent. Smith’s and Ricardo’s Method of Research), 10. Erroneous Formulation of the Question of Variations in “Relative Values” and Their Causative Factors, (b)  Ricardo’s Confusion of Cost-Prices with Value and the Contradictions in His Theory of Value Arising Therefrom. Exchange-Value and Use-Value, 5. Malthus’s Confusion of the Categories Commodity and Capital, 2. Scan: YongLee Goh Surplus value, Marxian economic concept that professed to explain the instability of the capitalist system. Excess Surplus-Value in Agriculture. The Importance of the Questions He Raises about the Role of Foreign Trade in Capitalist Society and of “Free Time” as Real Wealth, 2. A. Views of the Physiocrats and Mercantilists on Productive Labour, 3. Count Destutt de Tracy Vulgar Conception of the Origin of Profit. Chapter I. Unprincipled Eclecticism, (b)  Distortion of the Concept of Labour Through Its Extension to Processes of Nature. The Analysis of Relative Wages Is One of Ricardo’s Scientific Achievements, 1. Apologetic Elements in His Views on the “Labour of Superintendence”, “Insurance Covering the Risk Involved” and “Excess Profit”, 1. Tables A, B, C, D, E, (a)  Table A. Theories of Surplus Value, Part III, Addenda - Part 71 As set out above, it is only this intervening period, when real capital is advanced to production, where new value is created, which produces the surplus value from which interest is deducted. A 1971 (third printing 1975) Soviet work. Vulgarisation of the Theories Put Forward by Smith and the Physiocrats, (a)  Confusion of Labour Which Is Exchanged against Capital with Labour Exchanged against Revenue. Crisis, Which Was a Contingency, Becomes a Certainty. The Possibility of an Increasing Productivity of Labour in Agriculture, e) Ricardo’s Explanation for the Fall in the Rate of Profit and Its Connection with His Theory of Rent, Chapter XVII. Ganilh and Ricardo on Net Revenue. The General Rate of Profit and the Rate of Absolute Rent in Their Relation to Each Other. His Polemic Against Ricardo’s Conception of the Relative Wages of Labour, 8. The whole marxian theory of surplus-value is therefore based upon that subtle distinction between ‘labour power’ and ‘labour’ (or value). In this group we will read the three volumes of Theories of Surplus Value sometimes known as the 4th volume of Capital. The View of the Unproductive Labourer’s Consumption as the Source of Production— a Step Backwards as Compared with the Physiocrats, 8. The Twofold Influence of Competition, 4. Marx's Theories of Surplus Value is the fourth volume of his monumental Das Kapital (Capital) and is now available exclusively from Prometheus and Humanity Books. Attempt to Explain Wages, Rent of Land, the Price of Land and Interest on the Basis of the Theory of Value, 4. Inquiry into How It Is Possible for the Annual Profit and Wages to Buy the Annual Commodities, Which Besides Profit and Wages Also Contain Constant Capital, (a)  Impossibility of the Replacement of the Constant Capital of the Producers of Consumption Goods through Exchange between These Producers, (b)  Impossibility of Replacing the Whole Constant Capital of Society by Means of Exchange between the Producers of Articles of Consumption and the Producers of Means of Production, (c)  Exchange of Capital for Capital between the Producers of Means of Production, Annual Product of Labour and the Product of Labour Newly Added Annually, 11. Subject: Economics Topic: Article. Hopkins’s Conjecture about the Difference Between Absolute Rent and Differential Rent; Explanation of Rent by the Private Ownership of Land, 8. Luther’s Polemic Against Interest Is Superior to That of Proudhon. Malthus’s One-sided Interpretation of Smith’s Theory of Value. Theories of Surplus Value. Find books Malthus’s Vulgarised Definition of Value. Attempts to Draw a Distinction between Them by Storch and Ramsay, 10. Malthus Defends the Most Reactionary Elements of the Ruling Classes. Ricardo’s Wrong Conception of the Relation Between Production and Consumption under the Conditions of Capitalism, 10. ..... [2. On Accumulation as Extended Reproduction, 5. Cherbuliez’s Inkling that the Organic Composition of Capital Is Decisive for the Rate of Profit. Reverend Richard Jones, An Essay on the Distribution of Wealth, and on the Sources of Taxation, London, 1831, Part I, Rent Elements of a Historical Interpretation of Rent. The difference between the two (surplus value) is confiscated by the bourgeois (the owner of the company). Polemics against the Landed Aristocracy from the Standpoint of the Physiocrats (an Anonymous English Author), 11. The View that Capital Is Not an Essential Social Form, 2. The Struggle of Vulgar Socialism Against Interest (Proudhon). Ricardo’s Fundamental Principle in Assessing Economic Phenomena Is the Development of the Productive Forces. Formation of the General Rate of Profit (Average Profit or “Usual Profit”), a) The Starting-Point of the Ricardian Theory of Profit Is the Antecedent Predetermined Average Rate of Profit, b) Ricardo’s Mistakes Regarding the Influence of Colonial Trade, and Foreign Trade in General, on the Rate of Profit, 3. Smith’s Confusion on the Question of Accumulation. The Development of Interest-Bearing Capital on the Basis of Capitalist Production Transformation of the Relations of the Capitalist Mode of Production into a Fetish. Critique of Political Economy (1859) Concept of the “Natural Price of Labour”, 3. Changes in the Rate of Profit Caused by Various Factors, 3. Distinction between “Profit upon Alienation” and the Positive Increase of Wealth Chapter II. Collapse of the Theory of the Physiocrats and the Further Development of the Theories of Rent, 2. Written: 1863; The Discovery of the Law of Differential Rent by Anderson. Conception of Rent as the Sole Form of Surplus-Value 2Contradictions in the System of the Physiocrat… As the fourth volume of "Capital", "Theories of Surplus Value" is divided into three "books" that cover the theories and developments of value among the classical economists from James Steuart and French physiocrats through Smith and Ricardo to Malthus and Hodgskins to Richard Jones or the first 150 years of political economy and the transformation of trade into Mercantilism and Colonialism and that into … Theories of Surplus Value, Part III, Addenda - Part 72 Proudhon believes that lending is evil because there is no change in ownership, only of possession. The Process of Ossification of the Converted Forms of Surplus-Value and Their Ever Greater Separation from Their Inner Substance—Surplus Labour. Rodbertus’s Thesis that in Agriculture Raw Materials Lack Value Is Fallacious, 5. Over-Production, “Unproductive Consumers”, etc, 12. The Contradiction Between the Impetuous Development of the Productive Powers and the Limitations of Consumption Leads to Overproduction. Contents of the Manuscript Theories of Surplus-Value. Cherbuliez Eclectically Combines Mutually Exclusive Propositions of Ricardo and Sismondi, 1. The Theory of the Impossibility of General Over-production Is Essentially Apologetic in Tendency, 15. False Theory of the Availability of the Wages Fund for the Workers Who Have Been Dismissed, (c)  Ricardo’s Scientific Honesty, Which Led Him to Revise His Views on the Question of Machinery. This means that the same capital can be loaned over and over without the ownership of it changing hands. Quesnay’s False Assumptions, (b)  Partial Reversion of Individual Physiocrats to Mercantilist Ideas. Chapter XV. The Vulgar Element in Smith’s View of “Productive Labourers”, 12. The Magnitude of Rent Varies in Accordance with the Amount of Labour Employed in Agriculture, d) Historical Illustration of the Rise in the Rate of Profit with a Simultaneous Rise in the Prices of Agricultural Products. The Relation of Interest to Industrial Profit. Distinction between “Profit upon Alienation” and the Positive Increase of Wealth, 1  Transfer of the Inquiry into the Origin of Surplus-Value from the Sphere of Circulation into the Sphere of Direct Production. Vulgar Political Economy, 1. Rodbertus’s Erroneous Views Regarding the Factors Which Determine the Rate of Profit and the Rate of Rent, 8. Inclusion of All Paid Labour in the Concept of Productive Labour, 9. His Concept of Working-Day as a Fixed Magnitude, 4. Hodgskin and Anderson on the Growth of Productivity in Agricultural Labour, 1. Part 2 (Ricardo) consisted of two volumes. Garnier’s Relapse into Physiocratic Ideas. Hobbes on Labour, on Value and on the Economic Role of Science, 2. Circulation between Farmers and Landowners. General Observation. Surplus-Value in Agriculture Resolves into Profit and Rent, 4. Ricardo’s Miscellanea. Productive Labour in the Transport Changes in the Rate of Absolute Rent and Their Relation to the Changes in the Rate of Profit, (c)  Observations on the Influence of the Change in the Value of the Means of Subsistence and of Raw Material (Hence also the Value of Machinery) on the Organic Composition of Capital, (d)  Changes in the Total Rent, Dependent on Changes in the Market-Value, Chapter XIII. Underestimation of the Importance of Materialised Past Labour. Malthus’s Distortion of Sismondi’s Views on the Contradictions in Bourgeois Production, 13. Adam Smith’s and Ricardo’s Error in Failing to Take into Consideration Constant Capital. Fixed and Circulating Capital, 6. Contradictions Between Production and Consumption under Conditions of Capitalism. Agriculture Develops Slower Than Industry under Conditions of Capitalism, 2. Produce. 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