This book provides a wide-ranging and in-depth reappraisal of the relation between Marx’s economic theory in Capital and Hegel’s Logic by leading Marxian economists and philosophers from around the world. The subjects dealt with include: systematic dialectics, the New Dialectics, materialism vs. idealism, Marx’s ‘inversion’ of Hegel, Hegel’s Concept logic (universality-particularity-singularity), Hegel’s Essence logic (essence-appearance), Marx’s levels of abstraction of capital in general and competition, and capital as Hegelian Subject. The papers in this volume were originally presented at the 22nd annual meeting of the International Symposium on Marxian Theory at Mount Holyoke College in August 2011. The twelve authors are divided between seven economists and five philosophers, as is fitting for the interdisciplinary subject of the relation between Marx’s economic theory and Hegel’s logic. Contributors are: Chris Arthur, Riccardo Bellofiore, Roberto Fineschi, Gastón Caligaris, Igor Hanzel, Juan Iñigo Carrera, Mark Meaney, Fred Moseley, Patrick Murray, Geert Reuten, Mario Robles, Tony Smith, and Guido Starosta.

Beginning with "value" and "commodity" at the start of Volume I in Marx's major work, and progressing step-by-step to the end of Volume III, Smith establishes in detail that Capital is a systematic theory of socio-economic categories ordered according to dialectical logic. At each stage in his analysis of the theory Smith makes Marx's arguments more accessible. He also considers in depth the objections to Marx's employment of dialectical logic that have been formulated by Hegelians (especially those presented in Klaus Hartmann's Die Marxsche Theorie). Smith presents a persuasive case against this whole range of Marx criticisms, many of which have also been proposed from non-Hegelian standpoints.

An accessible, rigorous presentation of Marx's argument in the three volumes of Capital and of longstanding debates in Marxist economics.

This book demonstrates that the basic concepts of the three volumes of Capital come under different categories of time: "time of production" in the first volume 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 organisation of social time that obeys its own intrinsic criteria and operates as an autonomous, social subject. Reading Capital from this perspective, it becomes possible to restore its dialectical (Hegelian) logic – not in order to reveal the “real” Marx, but as a means to contribute to the understanding of the real, capitalist world with its present-day fetishes, its explosive contradictions and its ever deeper crises.

In Marx ́s Capital, Method and Revolutionary Subjectivity, Guido Starosta develops a materialist inquiry into the social and historical determinations of revolutionary subjectivity. Through a methodologically-minded critical reconstruction of the Marxian critique of political economy, from the early writings up to the Grundrisse and Capital, this study shows that the outcome of the historical movement of the objectified form of social mediation, which has turned into the very alienated subject of social life (i.e., capital), is to develop, as its own immanent determination, the constitution of the (self-abolishing) working class as a revolutionary subject. A crucial element in this intellectual endeavour is the focus on the intrinsic connection between the specifically dialectical form of social science and its radical transformative content.

Marx’s Capital has of course been widely read; this revival of a systematic study by Geoffrey Pilling, originally published in 1980, argues powerfully that, in order to understand Capital fully, it is necessary to have read and understood Hegel’s Logic. This argument leads to a detailed examination of the opening chapters of Capital, and a re-examination of their significance for the work as a whole. Pilling emphasizes the fundamental nature of the break between Marx’s Capital and all forms of classical political economy, and stresses the revolutionary nature of Marx’s critique of political economy as one of the foundations of Capital. He also lays particular emphasis on the philosophical aspects of the work, so often neglected by British commentators, and puts forward the view that Marx’s notion of fetishism, often looked upon as incidental to his work, is in fact central to his entire critique of political economy.

The book presents an integral Marxist conception of the dialectics and methodology of scientific theoretical cognition, of the dialectical interrelation between the abstract and the concrete, of the unity of the historical and the logical, of the correlat

This book argues that the dialectic of Marx's Capital has a systematic, rather than historical, character. It sheds new light on Marx's great work, while going beyond it in many respects.

This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in Capital, based on substantial textual evidence, which emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory from beginning to end and the circuit of money capital – M - C - M’ – is the logical framework of Marx’s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III.

The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.