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Time in Marx demonstrates that the basic concepts of the three volumes of Capital come under different categories of time: "time of production" in volume one is linear, time of circulation” in the second is circular, while in the third volume organic time” is the unity of the two. Capitalist relations emerge as a definite organization of social time that obeys its own intrinsic criteria and operates as an autonomous, social subject.
Price: $30.00
Pages: 327
Publisher: Haymarket Books
Imprint: Haymarket Books
Series: Historical Materialism
Publication Date:
17 March 2015
Trim Size: 9.00 X 6.02 in
ISBN: 9781608464159
Format: Paperback
BISACs:
"With time as his starting point, Stavros Tombazos sheds light on the general intelligibility of Capital and the originality of its own logic… A frequent critique directed at Marx is that he remains tributary of the determinist epistemology of his time. This work draws our attention to an opposite tendency of his thought, ready to welcome the contemporary developments of fuzzy logic, chaos theory, the unity between chance and necessity.”
—Daniel Bensaïd
“Time in Marx constitutes a significant and original contribution to the ongoing debate over the relationship between Hegel and Marx…[it] is replete with interesting insights into many aspects of Marx’s work. Particularly worthy of note are his remarks on the non-equilibrium character of Marx’s value theory, his analysis of the determinations of socially-necessary labour-time, and a six page assessment of Marx on ground-rent which is a model of clarity”
—Pete Green, Marx and Philosophy Review of Books
“The title of this book could have been Reading Capital, had this title not already been used: reading the whole of Capital, with a scrupulous loyalty to the order of its reasons… ‘Time’ appears as the most adequate consideration with respect to this aim, to be precise the successive times intersecting and over-determining each other… The exposition of the theory of fetishism forms the core of Tombazos’s work. I believe that, of the entire literature dedicated to this issue, Tombazos’s elucidation is the best.”
—George Labica
—Daniel Bensaïd
“Time in Marx constitutes a significant and original contribution to the ongoing debate over the relationship between Hegel and Marx…[it] is replete with interesting insights into many aspects of Marx’s work. Particularly worthy of note are his remarks on the non-equilibrium character of Marx’s value theory, his analysis of the determinations of socially-necessary labour-time, and a six page assessment of Marx on ground-rent which is a model of clarity”
—Pete Green, Marx and Philosophy Review of Books
“The title of this book could have been Reading Capital, had this title not already been used: reading the whole of Capital, with a scrupulous loyalty to the order of its reasons… ‘Time’ appears as the most adequate consideration with respect to this aim, to be precise the successive times intersecting and over-determining each other… The exposition of the theory of fetishism forms the core of Tombazos’s work. I believe that, of the entire literature dedicated to this issue, Tombazos’s elucidation is the best.”
—George Labica
Stavros Tombazos Ph.D. (1991), Université Paris 8, is Assistant Professor of Political Economy at the University of Cyprus. He has published numerous books and articles on the thought of Hegel and Marx, on Globalisation, the European Integration and Capitalist Crises. His latest book, published in Greek, is titled: Centrifugal Times, The World Economic Crisis 2007, 2008, 2009 (Papazisis, 2010). He is a regular contributor to the French journals Contretemps and Lignes
Introduction to the English Edition
The Missile’s Load
Georges Labica
Rearguard Seasonals
Postface to the French edition by Daniel Bensaïd
Translator’s Note
Introduction
PART I: THE TIME OF PRODUCTION
Introduction
Section 1: The Commodity and Labour Time
1.Labour Time as a Transhistorical Economic Law
2.Abstract Labour Time: Form and Content
3.Socially Necessary Labour Time
4.The Hegelian Theory of Measure and Value as ‘Essence’
Section 2: From Simple Circulation to Capital
5.The Process of Exchange: Historical Time and Logical Time
5.1Historical time
5.2Logical time
6.Simple Circulation as a Moment of the Notion
6.1The great triad of Hegelian logic
6.2Simple circulation as a ‘chemical process’
7.The Hidden Time of the Commodity
Section 3: The Time of the Process of Production
8.The Time of Surplus-Labour or Absolute Surplus-Value
8.1Constant and variable capital, mass and rate of surplus-value
8.2The working day
9.The Time of Surplus Labour or Relative Surplus-Value
9.1Simple co-operation and the saving of time
9.2 The manufacture and the saving of time
9.3 Large-scale industry as a clock-making system .
PART II: THE TIME OF CIRCULATION
Introduction.
Section 1: The Organic Movement of Capital
10.The Three Cycles/Circuits of Capital
10.1The circuit of money capital .
10.2The circuit of productive capital
10.3The circuit of commodity capital
11.Capital as Syllogism
12.Capital in Marx, or ‘Life’ in Hegel
12.1The Hegelian ‘Idea’ (generalities)
12.2Hegelian ‘Life’ and the circuits of capital
12.3‘The living individual’ or ‘Shape’ and the circuit of productive capital
12.4The ‘life process’ or ‘Assimilation’ and the circuit of commodity capital
12.5 The ‘Genus-process’ and the circuit of money capital
Section 2: The Turnover Times of Capital
13.Value, Real Wealth and Circulation Time
14.Turnover Time and Fixed and Circulating Capital
15.The Labour, Production and Circulation Periods
15.1Definition of the three periods
15.2The turnover time and the quantitative relation between the different fractions of capital
16.The Annual Turnover of Social Capital (The Schemas of Reproduction)
16.1Presentation of the schemas of reproduction
16.2Interpretation of the schemas of reproduction
PART III: ORGANIC TIME: THE UNITY OF THE TIME OF PRODUCTION AND THE TIME OF CIRCULATION
Introduction
Section 1: Surplus Value, Profit and Time
17.Cost, Wages, Profit and Illusions of Time
18.Value and Prices of Production (A Logical Interpretation)
18.1Marx and the transformation of values into prices of production
18.2The transformation as a syllogism
Section 2: The Sub-Divisions of Profit or Fetishism Completely Realised
19.The Derived Forms of Industrial Capital
19.1Merchant’s capital (Handelskapital)
19.2Interest-bearing capital (Das zinstragende Kapital)
20.Ground Rent
21.The Trinity Formula
Section 3: The Contradictions of the Capitalist Organisation of Time
22.The Law of the Tendency of the Rate of Profit to Fall
23. The Periodical Crises
23.1Periodical crises and the industrial cycle
23.2The long-term tendency of the rate of profit
24. The Structural Crises
24.1 Appendix to Chapter 24
Conclusion
Bibliography
Index
The Missile’s Load
Georges Labica
Rearguard Seasonals
Postface to the French edition by Daniel Bensaïd
Translator’s Note
Introduction
PART I: THE TIME OF PRODUCTION
Introduction
Section 1: The Commodity and Labour Time
1.Labour Time as a Transhistorical Economic Law
2.Abstract Labour Time: Form and Content
3.Socially Necessary Labour Time
4.The Hegelian Theory of Measure and Value as ‘Essence’
Section 2: From Simple Circulation to Capital
5.The Process of Exchange: Historical Time and Logical Time
5.1Historical time
5.2Logical time
6.Simple Circulation as a Moment of the Notion
6.1The great triad of Hegelian logic
6.2Simple circulation as a ‘chemical process’
7.The Hidden Time of the Commodity
Section 3: The Time of the Process of Production
8.The Time of Surplus-Labour or Absolute Surplus-Value
8.1Constant and variable capital, mass and rate of surplus-value
8.2The working day
9.The Time of Surplus Labour or Relative Surplus-Value
9.1Simple co-operation and the saving of time
9.2 The manufacture and the saving of time
9.3 Large-scale industry as a clock-making system .
PART II: THE TIME OF CIRCULATION
Introduction.
Section 1: The Organic Movement of Capital
10.The Three Cycles/Circuits of Capital
10.1The circuit of money capital .
10.2The circuit of productive capital
10.3The circuit of commodity capital
11.Capital as Syllogism
12.Capital in Marx, or ‘Life’ in Hegel
12.1The Hegelian ‘Idea’ (generalities)
12.2Hegelian ‘Life’ and the circuits of capital
12.3‘The living individual’ or ‘Shape’ and the circuit of productive capital
12.4The ‘life process’ or ‘Assimilation’ and the circuit of commodity capital
12.5 The ‘Genus-process’ and the circuit of money capital
Section 2: The Turnover Times of Capital
13.Value, Real Wealth and Circulation Time
14.Turnover Time and Fixed and Circulating Capital
15.The Labour, Production and Circulation Periods
15.1Definition of the three periods
15.2The turnover time and the quantitative relation between the different fractions of capital
16.The Annual Turnover of Social Capital (The Schemas of Reproduction)
16.1Presentation of the schemas of reproduction
16.2Interpretation of the schemas of reproduction
PART III: ORGANIC TIME: THE UNITY OF THE TIME OF PRODUCTION AND THE TIME OF CIRCULATION
Introduction
Section 1: Surplus Value, Profit and Time
17.Cost, Wages, Profit and Illusions of Time
18.Value and Prices of Production (A Logical Interpretation)
18.1Marx and the transformation of values into prices of production
18.2The transformation as a syllogism
Section 2: The Sub-Divisions of Profit or Fetishism Completely Realised
19.The Derived Forms of Industrial Capital
19.1Merchant’s capital (Handelskapital)
19.2Interest-bearing capital (Das zinstragende Kapital)
20.Ground Rent
21.The Trinity Formula
Section 3: The Contradictions of the Capitalist Organisation of Time
22.The Law of the Tendency of the Rate of Profit to Fall
23. The Periodical Crises
23.1Periodical crises and the industrial cycle
23.2The long-term tendency of the rate of profit
24. The Structural Crises
24.1 Appendix to Chapter 24
Conclusion
Bibliography
Index