Capital: Volume 2
A Critique of Political Economy
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Narrated by:
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Derek Le Page
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By:
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Karl Marx
About this listen
It was the close friendship and professional association between Karl Marx and Friedrich Engels that enabled Marx’s full vision presented in Capital: A Critique of Political Economy to come to fruition.
Following Marx’s death in 1883, Engels was able to step into the breach and, drawing on Marx’s extensive notes and writings, complete volume 2 of Capital, leading to its publication in 1885. Here, Marx turns his attention to the money owner, the money lender, the wholesale merchant, the trader and the entrepreneur or 'functioning capitalist.'
The work is divided into three parts: 'The Metamorphosis of Capital and Their Circuits'; 'The Turnover of Capital'; and finally 'The Reproduction and Circulation of the Aggregate Social Capital'. Though more theoretical and perhaps thus more challenging than volume 1, Marx’s intentions in volume 2 were clear: ‘We investigate...the social intertwining of different capitals, of the component parts of capital and of revenue.’ By looking at the ‘movement of commodities and of money’, Marx was able to clarify the patterns involved in the capitalist mode of production.
This is clear in the subtitle of volume 2: The Process of Circulation of Capital.
Translation: Samuel Moore and Edward Aveling.
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
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The End of Alchemy
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
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Money
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From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.
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Difficult to imagine how it could be worse
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50 Economics Classics
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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Money for Nothing
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In the heart of the Scientific Revolution, when new theories promised to explain the affairs of the universe, Britain was broke, facing a mountain of debt accumulated in war after war it could not afford. But that same Scientific Revolution - the kind of thinking that helped Isaac Newton solve the mysteries of the cosmos - would soon lead clever, if not always scrupulous, men to try to figure a way out of Britain’s financial troubles.
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Financial innovation's first song of the siren.
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Competition Demystified
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Bruce Greenwald, one of the nation's leading business professors, presents a new and simplified approach to strategy that cuts through much of the fog that has surrounded the subject. Based on his hugely popular course at Columbia Business School, Greenwald and his co-author, Judd Kahn, offer an easy-to-follow method for understanding the competitive structure of your industry and developing an appropriate strategy for your specific position.
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Prof, we need the figures/graphs that’s in the the book
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An Essay on the Principle of Population
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While millions face hunger, malnutrition, and starvation, the world's population is increasing by over 225,000 people per day, 80 million per year. In many countries, supplies of food and water are inadequate to support the population, so the world falls deeper and deeper into what economists call the "Malthusian trap". Here, Malthus examines the tendency of human numbers to outstrip their resources, and argues that poverty, disease, and starvation are necessary to keep societies from moving beyond their means of subsistence.
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Important historically but still relevant
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kind of a rip-off
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75% Marx, 25% implying he is wrong
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Not easy listening
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ADAM SMITH
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What listeners say about Capital: Volume 2
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Robert Field
- 08-29-19
I disagree with labor value theory but it's....
still a must read. hopefully we can all understand the root of socialism and how it applies to modern era.
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2 people found this helpful
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- Stef
- 07-23-21
Oh so dense
This is very dense with lots of numbers. I highly recommend using a companion book along with this or some other explenation to clarify parts, and bring things into historical context.
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1 person found this helpful
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- r.b.
- 12-17-19
Difficult to understand.
Compared to Capital Volume 1, this is very difficult to understand book, unless you have studied economics.
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5 people found this helpful
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- Olawale J. Ogundana
- 03-18-22
Not ideal as audio book
This book would better be read as a physical book. Discussing calculations in parallel for two different departments is better understood when looking at a page than when walking and listening.
I normally seek Karl Marx's books to hear his views on the plight of the working class and revolutions. This is clearly not that book. It's more of an economics book.
I suspect that if Karl Marx had been alive to finish the book, the end would have been a better conclusion of the whole book. The end was quite abrupt.
I don't think Karl Marx should have devoted so much of the book to criticizing Adam Smith whose book was written almost 100 years earlier. Karl Marx had the benefit of an additional 100 years of industrialization. He could have simply disagreed with Adam Smith's views more politely.
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