Series: Penguin Classics (Book 2)
Paperback: 624 pages
Publisher: Penguin Classics; Reprint edition (March 1, 1993)
Language: English
ISBN-10: 0140445692
ISBN-13: 978-0140445695
Product Dimensions: 5.1 x 1.1 x 7.8 inches
Shipping Weight: 14.9 ounces (View shipping rates and policies)
Average Customer Review: 3.9 out of 5 stars See all reviews (27 customer reviews)
Best Sellers Rank: #95,261 in Books (See Top 100 in Books) #69 in Books > Business & Money > Economics > Free Enterprise #109 in Books > Politics & Social Sciences > Politics & Government > Ideologies & Doctrines > Communism & Socialism #135 in Books > Politics & Social Sciences > Politics & Government > Specific Topics > Political Economy
Capital I, this is not. Although, it's difficult being tough on this book, as Marx never finished it, and it's mostly a compilation of manuscripts in the order Engels thought most prudent. Overall, Vol II lacks the literary, political, and polemical flare of Vol I. Therefore, it's not as engaging as Vol I. But, there are still pockets of ingenuity, like Vol I, found within it. Although the book is 300 pages less than Vol I, it takes longer to read, and the algebra is frequent, repetitive, and seemingly unnecessary at times. But, Ernest Mandel in the introduction (which, like most Mandel's writing, is laudable), forewarns the reader that he/she must read Vol II to fully understand Vol III. But, the translator warns the reader that Vol II has little bits of oasis, in between lots of arid desert. Reading this book then proves difficult, as we need the oasis to grasp Vol III, but trekking through the arid desert, as I just did, leaves one seeing mirages, and gasping for a drink. I may have even killed a man along the way, but that's another story....In Vol I, Marx left us with his famous formula M-C-M'. The Capitalist, as Capital personified, enters the world as M (money), buys a commodity, and sells it dearer (M'). We find out in Vol I, that for overall economic growth, this commodity must be labor power. In Vol II Marx expands upon the circulation of capital, and gives us a better definition of what Capital is. The Forumla now expands to: MP /M-C......P....C'-M' \ LP( will not let me properly show this formula, so pretend the slashes connecting MP and LP to M are really connecting LP and MP to C).The capitalist shows up with money, buys means of production and labor power, then the act of production occurs (P), and the "....
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