Rejection of the Labour Theory of Value as the Foundation of Political Economy Ricardo’s Views on the Different Types of Accumulation of Capital and on the Economic Consequences of Accumulation, Chapter XVIII. Ricardo, 14. Amortisation of Fixed Capital and Its Role in the Process of Accumulation, 4. Attempts to Prove That a Constant Decrease of Profit Is Not Inevitable, (a)  Observations on Certain Verbal Disputes. The value of the product produced by labor is greater than the actual price of labor as paid out in wages. Unprincipled Eclecticism, (b)  Distortion of the Concept of Labour Through Its Extension to Processes of Nature. Quesnay’s False Assumptions, (b)  Partial Reversion of Individual Physiocrats to Mercantilist Ideas. Despite Certain Deficiencies the Ricardian Mode of Investigation Is a Necessary Stage in the Development of Political Economy, 3. Pellegrino Rossi Disregard of the Social Form of Economic Phenomena. 4. Smith’s Conclusions Regarding the Theory of Rent, 4. Reduction of Surplus-Value to Profit. Disintegration of the Ricardian School, (a)  Smith and Ricardo on the Relation Between the Average Rate of Profit and the Law of Value, (b)  Torrens’s Confusion in Defining the Value of Labour and the Sources of Profit, (c)  Torrens and the Conception of Production Costs, 2. Fixed and Circulating Capital, 6. Ricardo’s Theory of Accumulation and a Critique of it. Examples of Ricardo’s Scientific Impartiality, Rent from Capital Investment in Land and Rent from the Exploitation of Other Elements of Nature. The Concept of Coexisting Labour. The Pamphlet The Source and Remedy of the National Difficulties, (a)  Profit, Rent and Interest Regarded as Surplus Labour of the Workers. Vulgar Conception of “Labour-Saving” by Unproductive Labourers, 19. Ricardo’s Description of Profit, Rate of Profit, Average Prices etc. Average or Cost-Prices and Market-Prices, (a)  Introductory Remarks: Individual Value and Market-Value; Market-Value and Market-Price, (b)  Ricardo Confuses the Process of the Formation of Market-Value and the Formation of Cost-Prices, (c)  Ricardo’s Two Different Definitions of “Natural Price”. Herr Rodbertus. Rate of Rent and Rate of Profit. Ricardo’s Confusion about the Question of “Absolute” and “Relative” Value. His Failure to Understand the Economic Consequences of Changes in the Organic Composition of Agricultural Capital, 5. Surplus-Value. Interest-Bearing Capital as the Clearest Expression of This Fetish. Significance of the Tableau Economique in the History of Political Economy, [Chapter VII]  Linguet. Subject: Economics Topic: Article. Ramsay’s Views on Surplus-Value and on Value. The Twofold Influence of Competition, 4. Rodbertus’s Lack of Understanding of the Peculiarities of Capitalist Agriculture, Chapter X.  Ricardo’s and Adam Smith’s Theory of Cost-Price (Refutation), 1. Further Development of Physiocratic Theory with Turgot: Elements of a Deeper Analysis of Capitalist Relations, 4  Confusion of Value with Material Substance (Paoletti), 5  Elements of Physiocratic Theory in Adam Smith, 6  The Physiocrats as Partisans of Large-Scale Capitalist Agriculture, 7  Contradictions in the Political Views of the Physiocrats. Ricardo’s Confusion of the Laws of Surplus-Value with the Laws of Profit, 2. The Relation of Interest to Industrial Profit. Apologetic Conception of Unproductive Consumption as a Necessary Spur to Production, 16. His Lack of Understanding of the Process of Equalisation of the Rate of Profit and of the Transformation of Va1ues into Cost-Prices, 5. 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. Say’s Conception of “Immaterial Products”. The Connection Between Ricardo’s Theory of Rent and His Explanation of Cost-Prices, 3. Quesnay’s Attempt to Show the Process of Reproduction and Circulation of the Total Capital, 2. Roscher’s Falsification of the History of Views on Ground-Rent. Cynical Apologia for Capitalist Production. The theory of surplus value is one of the significant contributions of Karl Marx to political science. Ravenstone. James Mill Futile Attempts to Resolve the Contradictions of the Ricardian System, (a)  Confusion of Surplus-Value with Profit, (b)  Mill’s Vain Efforts to Bring the Exchange Between Capital and Labour into Harmony with the Law of Value, (c)  Mill’s Lack of Understanding of the Regulating Role of Industrial Profit, (e)  Prévost Rejection of Some of the Conclusions of Ricardo and James Mill. The Influence Which Changes in the Value of Constant and Variable Capital Exert on the Rate and Amount of Profit, 3. The Reactionary Role of Malthus’s Writings and Their Plagiaristic Character. Circulation of Commodities and Circulation of Money in the Tableau Economique. 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. The Crisis as the Manifestation of All the Contradictions of Bourgeois Economy, 12. Confused Conception of the “Profits Advanced” by the Capitalist, (b)  Apparent Variation in the Rate of Profit Where the Production of Constant Capital Is Combined with Its Working Up by a Single Capitalist, (c)  On the Influence a Change in the Value of Constant Capital Exerts on Surplus-Value, Profit and Wages, Chapter XXI Opposition to the Economists (Based on the Ricardian Theory), 1. Ricardo’s Assumption of the Non-Existence of Landed Property. Smith’s Erroneous View of Profit, Rent of Land and Wages as Sources of Value, 7. Periods of Rising and Periods of Falling Corn Prices (1641-1859), 9. Ricardo’s Inconsistency Owing to His Retention of the Smithian Identification of Value and Cost-Price, 2. 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 Physiocrats 1Transfer of the Inquiry into the Origin of Surplus-Value from the Sphere of Circulation into the Sphere of Direct Production. Ricardo’s Denial of Absolute Rent—a Result of His Error in the Theory of Value, 6. Prefaceby the Institute of Marxism-leninism, C.C. C.P.S.U. Various Combinations of Differential and Absolute Rent. Virtual Refutation of Malthus’s Theory of Population by Darwin, 3. Early Formulation of the Thesis That the Supply of Agricultural Products Always Corresponds to Adam Smith’s Theory of Rent, 1. On the Source of Surplus-Value, Addenda. Value and Average Price in Agriculture. His Failure to Understand the Real Causes of the Fetishism of Capital, (e)  Compound Interest: Fall in the Rate of Profit Based on This, (f)  Hodgskin on the Social Character of Labour and on the Relation of Capital to Labour, (g)  Hodgskin’s Basic Propositions as Formulated in His Book —Popular Political Economy, (h)  Hodgskin on the Power of Capital and on the Upheaval in the Right of Property, 4. Ferrier Protectionist Character of Ferrier’s Polemics against Smith’s Theory of Productive Labour and the Accumulation of Capital. The Row Between the Supporters of Malthus and Ricardo in the Twenties of the 19th Century. Surplus-value is but that difference between the total new value created by the commodity labour power, and its own value, its own reproduction costs. Theories of Surplus-Value Part 3 by Marx, Karl, 1818-1883. 1968 (second printing 1975) Soviet work. Distinction between “Profit upon Alienation” and the Positive Increase of Wealth Chapter II. Quantity of Labour and Value of Labour. Theories of Surplus Value is a book that, unlike Marx, actually needs an introduction. The Relation Between Market-Value and Individual Value in the Various Classes, (b)  The Connection Between Ricardo’s Theory of Rent and the Conception of Falling Productivity in Agriculture. Value Operates in the Exchange between Capital and Wage-Labour] [5. The Vulgar Element in Smith’s Theory]..... [6.Smith’s Erroneous View of Profit, Rent of Land and Wages as Sources of Value] . Excess Surplus-Value in Agriculture. Surplus-Value in Agriculture Resolves into Profit and Rent, 4. 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. Older Forms. Interest-Bearing Capital and Commercial Capital in Relation to Industrial Capital. Rodbertus’s Erroneous Views Regarding the Factors Which Determine the Rate of Profit and the Rate of Rent, 8. The Importance of the Questions He Raises about the Role of Foreign Trade in Capitalist Society and of “Free Time” as Real Wealth, 2. Exchange-Value and Use-Value, 5. New Theory of Rent. Differential Rent and Absolute Rent in Their Reciprocal Relationship. Relative Surplus-Value. (c) Confusion of Value and Price. Say as Vulgariser of Smith’s Theory. Hopkins’s Conjecture about the Difference Between Absolute Rent and Differential Rent; Explanation of Rent by the Private Ownership of Land, 8. John Stuart Mill Unsuccessful Attempts to Deduce the Ricardian Theory of the Inverse Proportionality Between the Rate of Profit and the Level of Wages Directly from the Law of Value, (a)  Confusion of the Rate of Surplus-Value with the Rate of Profit. ..... [7. Confusion of the Antagonistic Form of Capitalist Development with Its Content. The Influence on Cost-Prices of a Reduction in Wages, 6. The Vulgar Economists and the Vulgar Socialists Regarding Interest on Capital, 2. Adam Smith’s and Ricardo’s Error in Failing to Take into Consideration Constant Capital. The notion of surplus value, while articulated by Marx in its most advanced form, under different names, has a long pre-history that can be traced all the way back to William Petty. Possibility of a Crisis Inherent in the Inner Contradictions of Commodity and Money, 9. (b) Confusion with Regard to Profit and the Value of Labour 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. Chapter XV. Scan: YongLee Goh Critique of Malthus’s Conception of “Unproductive Consumers” by Supporters of Malthus’s Vulgarised Definition of Value. Changes in the Rate of Profit Caused by Various Factors, 3. Elements of the Conception of “Profit upon Alienation”. Confusion of Cost-Prices with Value in the Ricardian Theory of Profit, 5. Rodbertus’s Thesis that in Agriculture Raw Materials Lack Value Is Fallacious, 5. This theory seems very reasonable. The Duality in Smith’s Conception of Productive Labour. Relation Between Productivity in Agriculture and in Industry in the Different Stages of Historical Development, Chapter IX. Malthus’s Confusion of the Categories Commodity and Capital, 2. Ricardo’s Thesis on the Constant Rise in Corn Prices. The Discovery of the Law of Differential Rent by Anderson. Malthus’s One-sided Interpretation of Smith’s Theory of Value. Ganilh as Advocate of a Diminution of the Productive Population; Ricardo as Advocate of the Accumulation of Capital and the Growth of Productive Forces, 10. The False Conception that the Total Capital Is Replaced through the Revenue of the Consumers, (b)  Replacement of the Constant Capital by Means of the Exchange of Capital against Capital, (c)  Vulgar Assumptions of Garnier’s Polemics against Smith. Vulgarisation of Bourgeois Political Economy in the Definition of Productive Labour, 6. It is mainly concerned with the West European theorizing about Mehrwert (added value or surplus value) from about 1750, critically examining the ideas of Bri WikiMili The Free Encyclopedia PRC version (2,500kb). On the Circulation of Money between Capitalist and Labourer, (a)  The Absurdity of Speaking of Wages as an Advance by the Capitalist to the Labourer. Barton’s and Ricardo’s Lack of Understanding of the Inner Connection Between This Phenomenon and the Domination of Capital over Labour, (b)  Barton’s Views on the Movement of Wages and the Growth of Population, 1. Attempts to Draw a Distinction between Them by Storch and Ramsay, 10. The Connection Between Different Branches of Production in the Process of Accumulation. Theories of Surplus Value is a book that, unlike Marx, actually needs an introduction. (Digression), 1. Report on Marketing Approach Analysis of Standard Bank Limited, Report on Definition of Foreign Exchange, Statuory Provision and Legal Machanism About Dower in Bangladesh. Attempt to Explain Wages, Rent of Land, the Price of Land and Interest on the Basis of the Theory of Value, 4. A. Table of Annual Average Prices of Corn from 1641 to 1859, 7. Malthus’s Theory of Value Supplementary Remarks, 11. Ricardo’s Denial of General Over-production. (As Presented by Ricardo the Problem of the Exchange of Labour for Capital Cannot Be Solved, 2. The Irrationality of the Fetishised Forms of Revenue, 4. The Russian translation of Part 1 of Theories of surplus value appeared in 1906. His Thesis of the Rising Productivity of Agriculture and Its Influence on Differential Rent, 10. Advocates of Smith’s Views on Productive Labour. Find books Views of the Physiocrats and Mercantilists on Productive Labour, 3. 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 … 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. Industrial Profit as “Wages for the Capitalist”, 5. Sir James Steuart. 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 … Industry, 13. The difference between the two (surplus value) is confiscated by the bourgeois (the owner of the company). Physiocratic Elements in Smith’s Theory of Rent, 3. 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. The General Rate of Profit and the Rate of Absolute Rent in Their Relation to Each Other. 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. Concept of the “Natural Price of Labour”, 3. Rodbertus and the Practicians among the Economists of the Eighteenth Century, 2. 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