Written: 1887, revised in 1903. This translation is from the revised edition.
Translated: H.J. Stenning;
Published: N.C.L.C. Publishing Society LTD;
Transcribed: Ted Crawford for marxists.org, July, 2002;
Transcriber's Note: Despite Lenin’s denunciation of Kautsky this book was considered such an excellent introduction to its subject that it was still being used as a text-book at the Lenin School in Moscow in 1931. This translation is that of 1925 republished by the NCLC in 1936.
Marxist.com version: HTML reworked and further edited, December 2019;
Part I.
Commodities, Money, Capital
I. Commodities
(1) The Character of Commodity Production
(2) Value
(3) Exchange Value
(4) The Exchange of Commodities
II. Money
(1) Price
(2) Buying and Selling
(3) The Currency of Money
(4) Coins: Paper Money
(5) Additional Functions of Money
III. The Conversion of Money into Capital
(1) What is Capital?
(2) The Source of Surplus-Value
(3) Labour-Power as a Commodity
Part II.
SURPLUS-VALUE
I. The Process of Production
II. The Role of Capital in the Formation of Value
III. The Degree of Exploitation of Labour-power
IV. Surplus-Value and Profit Surplus-Value
V. The Working-Day
VI. The Surplus-Value of the “Small Master” and the Surplus-Value of the Capitalist
VII. Relative Surplus-Value
VIII. Co-operation
IX. Division of Labour and Manufacture
(1) The Twofold Origin of Manufacture; its Elements; the Detail Worker and his Tool
(2) The Two Fundamental Forms of Manufacture
X. Machinery and Modern Industry
(1) The Development of Machinery
(2) The Value transferred by Machinery to the Product
(3) The Proximate Effects of Machinery on the Workman
(4) The Machine as "Educator" of the Worker
(5) The Machine and the Labour Market
(6) The Machine as a Revolutionary Agent
PART III.
WAGES AND PROFITS
I. Wages
(1) Changes of Magnitude in the Price of Labour-Power and in Surplus-Value
(2) The Conversion of the Price of Labour-Power into Wages
(3) Time Wages
(4) Piece Wages
(5) National Differences in Wages
II. The Revenue of Capital
III. Simple Reproduction
IV. The Conversion of Surplus-Value into Capital
(1) How Surplus-Value becomes Capital
(2) The Abstinence of the Capitalist
(3) The Abstinence of the Worker and other Circumstances affecting the Extent of Accumulation
V. Over-Population
(1) The “Iron Law of Wages”
(2) The Industrial Reserve Army
VI. The Dawn of the Capitalist Mode of Production
VII. The Upshot of the Capitalist mode of Production