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A Guide to Marxian Political Economy

What Kind of a Social System Is Capitalism?

  • Textbook
  • © 2018

Overview

Authors:
  1. Teinosuke Otani

    1. Tokyo, Japan

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  • Offers readers a solid theoretical understanding of the systematic structure of capitalism
  • Provides an introduction to all three volumes of Marx’s Capital
  • Includes numerous diagrams to illustrate essential concepts of political economy

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Table of contents (22 chapters)

  1. Front Matter

    Pages I-XXVII
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  2. Introduction: The Conception of Society Based upon Labour and the Tasks of Political Economy

    • Teinosuke Otani
    Pages 1-48

  3. The Process of Production of Capital

    1. Front Matter

      Pages 49-49
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    2. Commodity and Money

      • Teinosuke Otani
      Pages 51-134

    3. Capital and Surplus-value

      • Teinosuke Otani
      Pages 135-159

    4. Extension and Shortening of Working Day

      • Teinosuke Otani
      Pages 161-168

    5. Methods for the Development of Productive Power

      • Teinosuke Otani
      Pages 169-189

    6. Capitalist Relations of Production and the Alienation of Labour

      • Teinosuke Otani
      Pages 191-201

    7. Wages

      • Teinosuke Otani
      Pages 203-210

    8. Reproduction of Capital

      • Teinosuke Otani
      Pages 211-224

    9. Accumulation of Capital

      • Teinosuke Otani
      Pages 225-235

    10. Accumulation of Capital and Relative Surplus Population

      • Teinosuke Otani
      Pages 237-252

    11. Primitive Accumulation

      • Teinosuke Otani
      Pages 253-277

  4. The Process of the Circulation of Capital

    1. Front Matter

      Pages 279-279
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    2. The Circuit of Capital

      • Teinosuke Otani
      Pages 281-296

    3. Turnover of Capital

      • Teinosuke Otani
      Pages 297-304

    4. Reproduction and Circulation of the Total Social Capital

      • Teinosuke Otani
      Pages 305-341

  5. Various Forms of the Total Process of Capital

    1. Front Matter

      Pages 343-343
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    2. Capital and Profit

      • Teinosuke Otani
      Pages 345-357

    3. Average Rate of Profit and Production Price

      • Teinosuke Otani
      Pages 359-379
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Keywords

About this book

This textbook offers a comprehensive guide to the systematic structure of capitalism, while at the same time introducing readers to all three volumes of Marx’s Capital. Based on his extensive expertise on Marx’s critique of political economy, the author reveals the specific structure of production in capitalist societies and explicates what sets this system apart from other modes of production. Marx’s political economy is explained in a systematic and easy-to-understand manner, using numerous illustrative diagrams to complement the text. This textbook will appeal to all students and scholars looking for a more comprehensive, systematic and theoretical explanation of capitalism, equipping them with a solid theoretical understanding of its core structure. 



Authors and Affiliations

  • Tokyo, Japan

    Teinosuke Otani

About the author

Teinosuke Otani, Professor Emeritus of economics at Hose University, Tokyo, is the author of Marx’s Theory of Association and Marx’s theory of Interest-bearing Capital (in Japanese). He is also a member of the editorial committee of the Marx-Engels-Gesamtausgabe (MEGA). He was President of the Japan Society of Political Economy, a Japanese scholarly organization that boasts of just under 1,000 members. 

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