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100 1 |a Foley, Duncan K. 
245 1 0 |a Understanding capital :  |b Marx's economic theory /  |c Duncan K. Foley. 
260 |a Cambridge, Mass. :  |b Harvard University Press,  |c 1986. 
300 |a 1 online resource (viii, 183 pages) 
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347 |a data file 
504 |a Includes bibliographical references (pages 173-180) and index. 
588 0 |a Print version record. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
538 |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
583 1 |a digitized  |c 2010  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
505 0 |a Contents -- 1. On Reading Marx: Method -- 2. The Commodity: Labor, Value, Money -- 3. The Theory of Capital and Surplus Value -- 4. Production under Capitalism -- 5. The Reproduction of Capital -- 6. The Equalization of the Rate of Profit -- 7. The Division of Surplus Value -- 8. The Falling Rate of Profit -- 9. The Theory of Capitalist Crisis -- 10. Socialism -- Suggested Readings -- References -- Index 
520 |b Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics. Foley begins with a helpful discussion of philosophical problems readers often encounter in tackling Marx, including questions of epistemology, explanation, prediction, determinism, and dialectics. In an original extension of theory, he develops the often neglected concept of the circuit of capital to analyze Marx's theory of the reproduction of capital. He also takes up central problems in the capitalist economy: equalization of the rates of profit (the "transformation problem"); productive and unproductive labor and the division of surplus value; and the falling rate of profit. He concludes with a discussion of the theory of capitalist crisis and of the relation of Marx's critique of capitalism to his conception of socialism. Through a careful treatment of the theory of money in relation to the labor theory of value, Foley clarifies the relation of prices to value and of Marx's categories of analysis to conventional business and national income accounts, enabling readers to use Marx's theory as a tool for the analysis of practical problems. The text is closely keyed throughout to the relevant chapters in Capital and includes suggestions for further reading on the topics discussed. 
590 |a JSTOR  |b Books at JSTOR Demand Driven Acquisitions (DDA) 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
600 1 0 |a Marx, Karl,  |d 1818-1883.  |t Kapital. 
600 1 1 |a Marx  |b Karl / Das Kapital. 
600 1 6 |a Marx, Karl,  |d 1818-1883.  |t Kapital. 
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650 0 |a Capital. 
650 0 |a Marxian economics. 
650 6 |a Capital. 
650 6 |a Économie marxiste. 
650 7 |a capital (economic concept)  |2 aat 
650 7 |a POLITICAL SCIENCE  |x Political Ideologies  |x Communism & Socialism.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Economics  |x General.  |2 bisacsh 
650 7 |a Marxisme.  |2 eclas 
650 7 |a Capital  |2 fast 
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650 1 7 |a Marxisme.  |2 gtt 
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650 7 |a Capital.  |2 ram 
650 7 |a Économie marxiste.  |2 ram 
653 |a Economics  |a Theories of Marx, Karl, 1818-1883 - Critical studies 
758 |i has work:  |a Understanding capital (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGmXHtxpddXHcQjH37tfG3  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Foley, Duncan K.  |t Understanding capital.  |d Cambridge, Mass. : Harvard University Press, 1986  |z 0674920872  |z 9780674920873  |w (DLC) 86004736  |w (OCoLC)13333513 
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