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  • © 2016

Rethinking Capital

Palgrave Macmillan
  • Provides a comprehensive theory of capital, showing how capital involves relations of economic freedom that put in jeopardy the very rights in whose exercise they consist
  • Broadens understanding of the ethical dimension of commodity exchange, production, capital accumulation, and competition
  • Offers readers a thorough critique of the three volumes of Marx’ Capital, as well as a positive alternative to the other major schools of modern economics

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Table of contents (16 chapters)

  1. Front Matter

    Pages i-xii
  2. Introduction

    • Richard Dien Winfield
    Pages 1-10
  3. Capital in General

    1. Front Matter

      Pages 11-11
    2. The Elementary Interaction of Commodity Exchange

      • Richard Dien Winfield
      Pages 13-41
    3. From Money to Capital

      • Richard Dien Winfield
      Pages 43-69
    4. The Immediate Production Process of Capital in General

      • Richard Dien Winfield
      Pages 71-103
    5. Value Production

      • Richard Dien Winfield
      Pages 105-127
    6. Manufacturing and Mechanization

      • Richard Dien Winfield
      Pages 129-154
    7. The Accumulation of Capital in General

      • Richard Dien Winfield
      Pages 155-183
  4. The Circulation of Capital

    1. Front Matter

      Pages 185-185
    2. Capital Circulation in General

      • Richard Dien Winfield
      Pages 187-221
    3. The Turnover Process of Capital

      • Richard Dien Winfield
      Pages 223-256
  5. The System of Interacting Capitals

    1. Front Matter

      Pages 287-287
    2. The Elementary Dynamic of Competition

      • Richard Dien Winfield
      Pages 289-317
    3. The Adaptation of Production and Marketing to Competition

      • Richard Dien Winfield
      Pages 319-365
    4. Competition and the Types of Individual Capitals

      • Richard Dien Winfield
      Pages 367-406
    5. Competition and the Division of Classes

      • Richard Dien Winfield
      Pages 407-421
    6. Capital’s Challenge to Right

      • Richard Dien Winfield
      Pages 423-447

About this book

This book develops a comprehensive systematic economic theory, conceiving how the dynamic of market relations generates an economy dominated by the competitive process of individual profit-seeking enterprises. The author shows how, contrary to classical political economy and contemporary economics, the theory of capital is an a priori normative account properly belonging to ethics. Exposing and overcoming the limits of the economic conceptions of Hegel and Marx, Rethinking Capital determines how the system of capitals shapes economic freedom, jeopardizing the very rights in whose exercise it consists. Winfield thereby provides the understanding required to guide the private and public interventions with which capitalism can be given a human face.  

Authors and Affiliations

  • University of Georgia, Department of Philosophy, Athens, USA

    Richard Dien Winfield

About the author

Richard Dien Winfield is Distinguished Research Professor of Philosophy at the University of Georgia, USA.  He is President of the Society for Systematic Philosophy and past President of both the Hegel Society of America and the Metaphysical Society of America.  His previous eighteen books include Reason and Justice (1988), The Just Economy (1988), Law in Civil Society (1995), Systematic Aesthetics (1995), The Just Family (1998), The Just State: Rethinking Self-Government (2005), Modernity, Religion, and the War on Terror (2007), Hegel and Mind: Rethinking Philosophical Psychology (2010), The Living Mind: From Psyche to Consciousness (2011), Hegel’s Science of Logic: A Critical Rethinking in Thirty Lectures (2012), Hegel’s Phenomenology of Spirit: A Critical Rethinking in Seventeen Lectures (2013),  Hegel and the Future of Systematic Philosophy (2014), and The Intelligent Mind: On the Origin and Constitution of Discursive Thought (2015).

Bibliographic Information

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access