The Negative of Capital

The Marxian Concept of Economic Crisis

Martin Charles Nicholl, Jorge Grespan

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Hardback

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English

Brill
09 May 2024

Sociology & anthropology; Marxism & Communism; Financial crises & disasters

Series: Historical Materialism Book Series

The complex exposition of the concept of economic crisis in Capital and its preparatory manuscripts gave rise to different interpretations about the causes and modalities of crises themselves. Are their causes chronic under-consumption, inter-sectoral disproportionality or a fall in the profit rate? Are they merely possible or absolutely inevitable?

Jorge Grespan’s work renews these traditional debates by treating the concept of crisis as the negative of the concept of capital. By means of a thoroughgoing exposition of Marx’s masterwork, his book reconstitutes the steps by which Capital’s exposition progressively enriches its content and form. To this end, dialectical categories such as measurelessness and relative necessity are mobilised and developed.

By: Jorge Grespan
Translated by: Martin Charles Nicholl
Imprint: Brill
Edition: approx. x, 306 pp.
Volume: 308
Dimensions: Height: 235mm, Width: 155mm, Spine: 25mm
Weight: 633g
ISBN: 9789004690714
ISBN 10: 9004690719
Series: Historical Materialism Book Series
Pages: 304
Publication Date: 09 May 2024
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Preface to the English edition Acknowledgements Introduction 1 The Double Face of Capital 2 Content of the Crisis 3 Crisis and Modality 1 The World of Commodity Producers 1 The Social Division of Labour 2 Money and Crisis 2 The Constitution of Capital 1 From Simple Circulation to Capital 2 The Subjectivity of Capital 3 The Measureless Nature of Crisis 3 The Figures of Reproduction 1 The Circuits of Capital 2 The Reproduction of Social Capital 4 Capital as a Totality 1 Competition and Profit 2 The Tendential Fall in the Rate of Profit 3 Periodical Overaccumulation Conclusions 1 The Time of Crisis 2 The Actual Crisis 3 The Modalities of Crisis 4 The Power of Fetishism Postface 1 Commercial Capital and its Crises 2 Interest-Bearing Capital and its Crises Bibliography Index

Jorge Grespan, studied Economics and History at the Universidade de São Paulo – Brazil, and is Professor of Theory of History since 1985 at the same university. He has published many articles, books, and book chapters in Portuguese and Spanish. In English he published “About the Beginning and End of Capitalism”, in Marx's Capital. An Unfinishable Project?, Leiden, Brill, 2018, and “The renewal of Marxist Historiography through the Study of Enslavement. The Case of Brazil”, in What is Left of Marxism, Berlin, De Gruyter, 2020.