Penguin Edition Preface by Ernest Mandel
Capital, Volume III, subtitled The Process of Capitalist Production as a Whole, is the third volume of Capital: Critique of Political Economy. It was prepared by Friedrich Engels from notes left by Karl Marx and published in 1894.
Volume III is in seven parts:
The conversion of Surplus Value into Profit and the rate of Surplus Value into the rate of Profit
Conversion of Profit into Average Profit
The Law of the Tendency of the Rate of Profit to Fall
Conversion of Commodity Capital and Money Capital into Commercial Capital and Money-Dealing Capital (Merchant’s Capital)
Division of Profit Into Interest and Profit of Enterprise, Interest Bearing Capital.
Transformation of Surplus-Profit into Ground Rent.
Revenues and Their Sources
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