Capitalism; Imperialism; Saving and investment; Socialism
'Manuscript VIII is likewise merely a preliminary presentation of the
subject, and its main object was to ascertain and develop the new points
of view not set forth in Manuscript II, while those points were ignored
about which there was nothing new to say. An essential part of Chapter
17, Section II, which is more or less relevant to Section III, was at
the same time drawn into this discussion and expanded. The logical
sequence was frequently interrupted, the treatment of the subject was
incomplete in various places, and especially the conclusion was very
fragmentary. But Marx expressed as nearly as possible what he intended
to say on the subject.
'This is the material for Volume II, out of which I was supposed "to
make something", as Marx said to his daughter Eleanor shortly before his
death.'[145]
We cannot but admire this 'something' which Engels managed to 'make'
from material of such a kind. As far as our present problem is
concerned, however, this detailed report makes it clear that no more
than the first two of the three sections that make up volume ii were
anything like ready for print in the manuscripts Marx left: the section
'On the Circulation of Money and Commodity Capital' and on 'The Causes
of Circulation and the Turnover of Capital'. The third section which
treats of the reproduction of total capital is merely a collection of
fragments which Marx himself considered to be 'very much in need of
revision.' Yet it is the last part of this section, i.e. chapter 21, 'On
Accumulation and Enlarged Reproduction', which is of primary importance
in the present context, and of the whole book this is the most
incomplete. It comprises thirty-five pages of print in all and breaks
off right in the middle of the analysis.
Public-domain text, read in full here on John Shaqi.
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