Karl Marx's
CAPITAL
Vol. III
THE PROCESS OF
CAPITALIST PRODUCTION AS A WHOLE
Written: Karl Marx, 1863-1883, edited by Friedrick Engels and completed by him eleven years after
Marx's death.
Source: Institute of Marxism-Leninism, USSR, 1959
Publisher: International Publishers, NY, [n.d.]
First Published: 1894
Translated:
On-Line Version: Marx.org 1996, Marxists.org 1999
Transcribed: Transcribed for the Internet in 1996 by Hinrich Kuhls and Zodiac, and by Tim Delaney
and M. Griffin in 1999.
HTML Markup: Zodiac 1996, Tim Delaney and M. Griffin in 1999
CONTENTS
Preface
part i
THE CONVERSION OF SURPLUS-VALUE INTO PROFIT
AND OF THE RATE OF SURPLUS-VALUE INTO THE RATE OF PROFIT
Ch. 1: Cost-Price and Profit
Ch. 2: The Rate of Profit
Ch. 3: The Relation of the Rate of Profit to the Rate of Surplus-Value
Ch. 4: The Effect of the Turnover on the Rate of Profit
Ch. 5: Economy in the Employment of Constant Capital
Ch. 6: The Effect of Price Fluctuations
Ch. 7: Supplementary Remarks
part ii
Capital, Vol.3, Table of Contents
http://www.marxists.org/archive/marx/works/1894-c3/index.htm (1 of 3) [23/08/2000 16:00:19]
CONVERSION OF PROFIT INTO AVERAGE PROFIT
Ch. 8: Different Compositions of Capitals in Different Branches of Production and Resulting Differences
in Rates of Profit
Ch. 9: Formation of a General Rate of Profit (Average Rate of Profit) and Transformation of the Values
of Commodities into Prices of Production
Ch. 10: Equalisation of the General Rate of Profit Through Competition. Market-Prices and
Market-Values. Surplus-Profit.
Ch. 11: Effects of General Wage Fluctuations on Prices of Production
Ch. 12: Supplementary Remarks
part iii
THE LAW OF THE TENDENCY OF THE RATE OF PROFIT TO FALL
Ch. 13: The Law as Such
Ch. 14: Counteracting Influences
Ch. 15: Exposition of the Internal Contradictions of the Law
part iv
CONVERSION OF COMMODITY-CAPITAL AND MONEY-CAPITAL INTO COMMERCIAL
CAPITAL AND MONEY-DEALING CAPITAL (MERCHANT'S CAPITAL)
Ch. 16: Commercial Capital
Ch. 17: Commercial Profit
Ch. 18: The Turnover of Merchant's Capital
Ch. 19: Money-Dealing Capital
Ch. 20: Historical Facts about Merchant's Capital
part v
DIVISION OF PROFIT INTO INTEREST AND PROFIT OF ENTERPRISE.
INTEREST-BEARING CAPITAL.
Ch. 21: Interest-Bearing Capital
Ch. 22: Division of Profit. Rate of Interest. Natural Rate of Interest.
Ch. 23: Interest and Profit of Enterprise
Ch. 24: Externalisation of the Relations of Capital in the Form of Interest-Bearing Capital
Ch. 25: Credit and Fictitious Capital
Ch. 26: Accumulation of Money-Capital. Its Influence on the Interest Rate.
Ch. 27: The Role of Credit in Capitalist Production
Ch. 28: Medium of Circulation and Capital; Views of Tooke and Fullarton
Ch. 29: Component Parts of Bank Capital
Ch. 30: Money-Capital and Real Capital. I
Ch. 31: Money-Capital and Real Capital. II
Ch. 32: Money-Capital and Real Capital. III
Ch. 33: The Medium of Circulation in the Credit System
Capital, Vol.3, Table of Contents
http://www.marxists.org/archive/marx/works/1894-c3/index.htm (2 of 3) [23/08/2000 16:00:19]
Ch. 34: The Currency Principle and the English Bank Legislation of 1844
Ch. 35: Precious Metal and Rate of Exchange
Ch. 36: Pre-Capitalist Relationships
part vi
TRANSFORMATION OF SURPLUS-PROFIT INTO GROUND-RENT
Ch. 37: Introduction
Ch. 38: Differential Rent: General Remarks
Ch. 39: First Form of Differential Rent (Differential Rent I)
Ch. 40: Second Form of Differential Rent (Differential Rent II)
Ch. 41: Differential Rent II -- First Case: Constant Price of Production
Ch. 42: Differential Rent II -- Second Case: Falling Price of Production
Ch. 43: Differential Rent II -- Third Case: Rising Price of Production
Ch. 44: Differential Rent Also on the Worst Cultivated Soil
Ch. 45: Absolute Ground-Rent
Ch. 46: Building Site Rent. Rent in Mining. Price of Land.
Ch. 47: Genesis of Capitalist Ground-Rent
part vii
REVENUES AND THEIR SOURCES
Ch. 48: The Trinity Formula
Ch. 49: Concerning the Analysis of the Process of Production
Ch. 50: Illusions Created by Competition
Ch. 51: Distribution Relations and Production Relations
Ch. 52: Classes
F. ENGELS, SUPPLEMENT TO CAPITAL, VOLUME THREE
A): Introduction
B): The Law of Value and Rate of Profit
C): The Stock Exchange