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The Negative of Capital
The Marxian Concept of Economic Crisis
Series: - Historical Materialism Book Series, Volume: 308
Author:
Translator:
The complex exposition of the concept of economic crisis in Capital and its preparatory manuscripts gave rise to different interpretations about the causes and modalities of crises themselves. Are their causes chronic under-consumption, inter-sectoral disproportionality or a fall in the profit rate? Are they merely possible or absolutely inevitable?
Jorge Grespanâs work renews these traditional debates by treating the concept of crisis as the negative of the concept of capital. By means of a thoroughgoing exposition of Marxâs masterwork, his book reconstitutes the steps by which Capitalâs exposition progressively enriches its content and form. To this end, dialectical categories such as measurelessness and relative necessity are mobilised and developed.
Jorge Grespanâs work renews these traditional debates by treating the concept of crisis as the negative of the concept of capital. By means of a thoroughgoing exposition of Marxâs masterwork, his book reconstitutes the steps by which Capitalâs exposition progressively enriches its content and form. To this end, dialectical categories such as measurelessness and relative necessity are mobilised and developed.
Jorge Grespan, studied Economics and History at the Universidade de São Paulo â Brazil, and is Professor of Theory of History since 1985 at the same university. He has published many articles, books, and book chapters in Portuguese and Spanish. In English he published âAbout the Beginning and End of Capitalismâ, in Marx's Capital. An Unfinishable Project?, Leiden, Brill, 2018, and âThe renewal of Marxist Historiography through the Study of Enslavement. The Case of Brazilâ, in What is Left of Marxism, Berlin, De Gruyter, 2020.
Preface to the English edition
Acknowledgements
Introduction
â1âThe Double Face of Capital
â2âContent of the Crisis
â3âCrisis and Modality
1 The World of Commodity Producers
â1âThe Social Division of Labour
â2âMoney and Crisis
2 The Constitution of Capital
â1âFrom Simple Circulation to Capital
â2âThe Subjectivity of Capital
â3âThe Measureless Nature of Crisis
3 The Figures of Reproduction
â1âThe Circuits of Capital
â2âThe Reproduction of Social Capital
4 Capital as a Totality
â1âCompetition and Profit
â2âThe Tendential Fall in the Rate of Profit
â3âPeriodical Overaccumulation
Conclusions
â1âThe Time of Crisis
â2âThe Actual Crisis
â3âThe Modalities of Crisis
â4âThe Power of Fetishism
Postface
â1âCommercial Capital and its Crises
â2âInterest-Bearing Capital and its Crises
Bibliography
Index
Acknowledgements
Introduction
â1âThe Double Face of Capital
â2âContent of the Crisis
â3âCrisis and Modality
1 The World of Commodity Producers
â1âThe Social Division of Labour
â2âMoney and Crisis
2 The Constitution of Capital
â1âFrom Simple Circulation to Capital
â2âThe Subjectivity of Capital
â3âThe Measureless Nature of Crisis
3 The Figures of Reproduction
â1âThe Circuits of Capital
â2âThe Reproduction of Social Capital
4 Capital as a Totality
â1âCompetition and Profit
â2âThe Tendential Fall in the Rate of Profit
â3âPeriodical Overaccumulation
Conclusions
â1âThe Time of Crisis
â2âThe Actual Crisis
â3âThe Modalities of Crisis
â4âThe Power of Fetishism
Postface
â1âCommercial Capital and its Crises
â2âInterest-Bearing Capital and its Crises
Bibliography
Index
Students and researchers in Economics, Economic History, Sociology, German Philosophy.