Abstract and Keywords
This chapter argues that capital in general and competition are the two main levels of abstraction in Marx’s theory in Capital and that they correspond to the theories of the production of surplus value in Capital I and II and the distribution of surplus value in Capital III. The main question addressed at the level of capital in general is the production of surplus value or the determination of the total surplus value produced in the economy as a whole. The main question addressed at the level of abstraction of competition is the distribution of surplus value, or the division of the total surplus value into individual parts (first the equalization of the rate of profit across industries and then the further division of the total surplus value into commercial profit, interest, and rent).
Keywords: capital in general, competition, production of surplus value, distribution of surplus value, many capitals
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.
