Category: Economics
'The original source for the money of II is _v + s_ of the gold producers in Department I, exchanged for a portion of II_c_. Only to the extent that the gold producer accumulates surplus-value or converts it into means of production of I, in other words, to the extent that he...
social reproduction but one which follows an independent course, contrary to the movements of the other elements. In consequence it will not do simply to take together the indiv...
9. v. Kirchmann and Rodbertus both started, were bound to start, from thefact of crises. Here the problem of enlarged reproduction of aggregate capital, the problem of accumulation, was completely identified with the problem of crises and side-tracke...
3. Volume III. The references furnished little that was new, while theelaborations for Volumes II and III were rendered valueless through subsequent revisions and had to be ruled out for the greater part. Manuscript IV is an elaboration, ready for...
6. v. Kirchmann's profession, though he must be credited with havingincurred disciplinary censure on two occasions. Nevertheless, after these unpromising preliminaries, v. Kirchmann goes right to the root of the matter. He admits that his assumi...
11. volume ii are immediately evident.To begin with, the diagram completely disregards the increasing productivity of labour. For it assumes that the composition of capital is the same in every year, that is to say,...
1. chapter 21, the 'Concluding Remarks _sub iv_', as Engels has called'The original source for the money of II is _v + s_ of the gold producers in Department I, exchanged for a portion of II_c_. Only to the extent that the gold producer accumulate...
5. v. Kirchmann took place under the immediate impact of the crises in1837, 1839, 1847, and even of the first world crisis in 1857--Rodbertus writing his interesting pamphlet _On Commercial Crises and the Mortgage Problem of the Landowners_[231] i...
8. v. Kirchmann for his part understood quite well what is at the bottom ofcapitalist 'savings'. He had the pretty argument: 'Everyone knows that the accumulation of capital is not a mere hoarding of reserves, an amassing of metal and monies to remain...
4. v. KIRCHMANN'S THEORY OF REPRODUCTIONThe second theoretical polemics about the problem of accumulation was also started by current events. If the first English crisis and its attendant misery of the working class h...
2. Volume II proves the unparalleled conscientiousness and strictself-criticism which he practised in his endeavour to fully elaborate his great economic discoveries before he published them. This self-criticism rarely permitted him to adapt...
7. v. Kirchmann had recognised the problem of balancing production andconsumption to be indeed a problem of accumulation, that is to say of enlarged capitalist reproduction. Both traced the disturbances in the equilibrium of reproduction to accumu...
10. volume ii, the whole of Marx's work, volume ii in particular, contains amost elaborate and lucid exposition of his general views regarding the typical course of capitalist accumulation. If we once fully understand this interpretation, the deficienci...