Robert Paul Wolff. Understanding Marx.

CONTENTS

PREFACE

INTRODUCTION

ONE: THE CONCEPT OF REPRODUCTION

1 – The Concept of Reproduction in General

2 – A Preliminary Analysis of Material Reproduction

TWO: ADAM SMITH AND THE CONCEPT OF NATURAL PRICE

THREE: DAVID RICARDO AND THE LABOR THEORY OF NATURAL PRICE

1 – The Essay on Profits

2 – The Theory of the Principles

3 – Land and Labor

FOUR: MARX’S THEORY OF EXPLOITATION AND SURPLUS VALUE

1 – The Theoretical Presuppositions of Volume One of Capital

2 – Surplus Value and the Critique of Capitalist Exploitation

3 – Labor as the Substance of Value

4 – Abstract Homogeneous Socially Necessary Labor

FIVE: MARX’S THEORY OF NATURAL PRICE

1 – The Quantitative Determination of Surplus Value

2 – Prices and Values: The Mystification of Capitalism

3 – Is Marx Right?

SIX: BALANCED GROWTH AND THE CONSERVATION OF SURPLUS VALUE

1 – Why Did Marx Believe That Total Profits Equal Total Surplus Value?

2 – The Conditions of the Validity of the Principle of the Conservation of Surplus Value

Technical Afterword to Chapter Six: A Numerical Example

ENVOI: SOME DOUBTS ABOUT MARX’S THEORY OF VALUE AND EXPLOITATION

APPENDIX A: A FORMAL ANALYSIS OF RICARDIAN AND MARXIAN POLITICAL ECONOMY

APPENDIX B: AN ANALYTICAL RECONSTRUCTION OF MARX’S VALUE CATEGORIES

BIBLIOGRAPHY