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Tag Archives: Chapter 24

Marx’s Capital, Volume 1, Chapter 24: A Critical Summary

Chapter 24 of volume 1 of Capital is called “The Transformation of Surplus-Value into Capital” and deals with capitalist accumulation, as capital successfully expands and reproduces itself.Marx divides the chapter into five sections: (1) Capitalist Production on a Progressively increasing Scale.(2) Erroneous Conception by Political Economy of Reproduction on a Progressively increasing Scale.(3) Separation of Surplus-Value into Capital and Revenue. The Abstinence Theory.(4) Circumstances...

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