description: Capital 2, subtitled The Process of Circulation of Capital, was prepared by Engels from notes left by Marx &amp; published in 1885. It's divided into three parts:1.The Metamorphoses of Capital &amp; Their Circuits2.The Turnover of Capital3.The Reproduction &amp; Circulation of the Aggregate Social CapitalIn Vol 2, the main ideas behind the marketplace are found: how value &amp; surplus-value are realized. Its dramatis personae, not so much the worker &amp; the industrialist (as in Vol 1), but rather the money owner, the wholesale merchant, the trader &amp; the entrepreneur or 'functioning capitalist.' Moreover, workers appear in Vol 2, essentially as buyers of consumer goods &amp;, therefore, as sellers of the commodity labor power, rather than producers of value &amp; surplus-value (tho this latter quality, established in Vol 1, remains the foundation on which the whole of the unfolding analysis is based). Reading Vol 2 is necessary for understanding the theoretical construction of the argument. Marx himself precisely clarified this place, in a letter sent to Engels on 4/30/1868: 'In Book 1...we content ourselves with the assumption that if in the self-expansion process €100 becomes €110, the latter will find already in existence in the market the elements into which it will change once more. But now we investigate the conditions under which these elements are found at hand, namely the social intertwining of the different capitals, of the component parts of capital &amp; of revenue.' This intertwining, conceived as a movement of commodities &amp; of money, enabled Marx to work out at least the essential elements, if not the definitive form of a coherent theory of the trade cycle, based upon the inevitability of periodic disequilibrium between supply &amp; demand under a capitalist mode of production.
language: Spanish; Castilian
title: El Capital 2 Vol 5, Proceso de Circulacion
titlecomplete: El Capital 2 Vol 5, Proceso de Circulacion
ratings_count: 2
publisher: Siglo XXI de España Editores, S.A.