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Time In Marx
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Table of Contents

Introduction to the English Edition The Missile's Load Georges Labica Rearguard Seasonals Postface to the French edition by Daniel Bensaid 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 5.1 Historical time 5.2 Logical time 6. Simple Circulation as a Moment of the Notion 6.1 The great triad of Hegelian logic 6.2 Simple 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 8.1 Constant and variable capital, mass and rate of surplus-value 8.2 The working day 9. The Time of Surplus Labour or Relative Surplus-Value 9.1 Simple 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 10.1 The circuit of money capital . 10.2 The circuit of productive capital 10.3 The circuit of commodity capital 11. Capital as Syllogism 12. Capital in Marx, or 'Life' in Hegel 12.1 The Hegelian 'Idea' (generalities) 12.2 Hegelian 'Life' and the circuits of capital 12.3 'The living individual' or 'Shape' and the circuit of productive capital 12.4 The '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 15.1 Definition of the three periods 15.2 The turnover time and the quantitative relation between the different fractions of capital 16. The Annual Turnover of Social Capital (The Schemas of Reproduction) 16.1 Presentation of the schemas of reproduction 16.2 Interpretation 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) 18.1 Marx and the transformation of values into prices of production 18.2 The transformation as a syllogism Section 2: The Sub-Divisions of Profit or Fetishism Completely Realised 19. The Derived Forms of Industrial Capital 19.1 Merchant's capital (Handelskapital) 19.2 Interest-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 23.1 Periodical crises and the industrial cycle 23.2 The long-term tendency of the rate of profit 24. The Structural Crises 24.1 Appendix to Chapter 24 Conclusion Bibliography Index

Promotional Information

Features in Historical Materialism Promotion targeting left academic journals Published to coincide with the annual Historical Materialism conference Publicity and promotion in conjunction with the author's speaking engagements

About the Author

Stavros Tombazos Ph.D. (1991), Universite 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

Reviews

"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 Bensaid "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
"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 Bensaid "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

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