Capital Volume II by Karl Marx (subtitled The Process of Circulation of Capital) is the second book of Marx’s monumental work Capital: Critique of Political Economy. Originally released in 1885, the economic philosophy book was compiled from Marx’s notes and developed by Friedrich Engels. This volume is divided into three parts: The Metamorphoses of Capital and Their Circuits, The Turnover of Capital, and The Reproduction and Circulation of the Aggregate Social Capital.
The book is preceded by Volume I: The Process of Production of Capital and followed by Volume III: The Process of Capitalist Production as a Whole.
Cover and Details of Capital Volume II by Karl Marx (PDF)
- Title: Capital Volume II: The Process of Circulation of Capital
- Author: Karl Marx, Friedrich Engels
- Publisher: Progress Publishers
- Date Published: 1956
- Language: English
Summary of the Book
A vital cornerstone to Marx’s overall theory of economics, the second volume of Capital considers in depth the nature of commodity and the market-place bourgeois society. This immensely powerful work argues that prosperity in a capitalist society inevitably holds within itself the seeds of its own destruction.
Reviews of Capital Volume II: The Process of Circulation of Capital
It’s hard to imagine the dedication it must have taken for Engels to sift through Marx’s apparently illegible notes and compile this book—considering how it came to be, it’s shockingly coherent. Still, it’s much harder to read than Volume 1, which is sprightly and fun.
But no one is reading the second volume of Capital for its sparkling prose. The ideas are here, and it’s remarkable how often you can point to a modern economic event and see it explained in a book from 150 years ago. The final section, which might be considered the birth of macroeconomics, is actually pretty engaging, if you’re into that sort of thing. (by Mac, goodreads.com)
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