Capital Volume I



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548 

 

Chapter 33 



 

                                                                                                                                                              

8

 l.c., pp.42, 43, 44. 



9

 l.c., vol.ii, p.5. 

10

  “Land, to be an element of colonisation, must not only be waste, but it must be public property, 



liable to be converted into private property.” (l.c., Vol.II, p.125.) 

11

 l.c., Vol.I, p.247. 



12

 l.c., pp.21, 22. 

13

 l.c., Vol.II, p.116 



14

 l.c., Vol.I, p.131. 

15

 l.c., Vol.II, p.5. 



16

  Merivale, l.c., Vol.II, pp.235-314 passim. Even the mild, Free Trade, vulgar economist, Molinari, 

says: “Dans les colonies où l’esclavage a été aboli sans que le travail forcé se trouvait remplacé par 

une quantité équivalente de travail libre, on a vu s’opérer la contre-partie du fait qui se réalise tous les 

jours sous nos yeux. On a vu les simples travailleurs exploiter à leur tour les entrepreneurs d’industrie, 

exiger d’eux des salaires hors de toute proportion avec la part légitime qui leur revenait dans le 

produit. Les planteurs, ne pouvant obtenir de leurs sucres un prix suffisant pour couvrir la hausse de 

salaire, ont été obligés de fournir l’excédant, d’abord sur leurs profits, ensuite sur leurs capitaux 

mêmes. Une foule de planteurs ont été ruinés de la sorte, d’autres ont fermé leurs ateliers pour 

échapper à une ruine imminente.... Sans doute, il vaut mieux voir périr des accumulations de capitaux 

que des générations d’hommes [how generous Mr. Molinari!]: mais ne vaudrait-il pas mieux que ni les 

uns ni les autres périssent? [In the colonies where slavery has been abolished without the compulsory 

labour being replaced with an equivalent quantity of free labour, there has occurred the opposite of 

what happens every day before our eyes. Simple workers have been seen to exploit in their turn the 

industrial entrepreneurs, demanding from them wages which bear absolutely no relation to the 

legitimate share in the product which they ought to receive. The planters were unable to obtain for 

their sugar for a sufficent price to cover the increase in wages, and were obliged to furnish the extra 

amount, at first out of their profits, and then out of their very capital. A considerable amount of 

planters have been ruined as a result, while others have closed down their businesses in order to avoid 

the ruin which threatened them ... It is doubtless better that these accumulations of capital should be 

destroyed than that generations of men should perish ... but would it not be better if both survived?] 

(Molinari, l.c., pp.51,52.) Mr. Molinari, Mr. Molinari! What then becomes of the ten commandments, 

of Moses and the prophets, of the law of supply and demand, if in Europe the “entrepreneur” can cut 

down the labourer’s legitimate part, and in the West Indies, the labourer can cut down the 

entrepreneur’s? And what, if you please, is this “legitimate part,” which on your own showing the 

capitalist in Europe daily neglects to pay? Over yonder, in the colonies where the labourers are so 

“simple” as to “exploit” the capitalist, Mr. Molinari feels a strong itching to set the law of supply and 

demand, that works elsewhere automatically, on the right road by means of the police. 

17

 Wakefield, l.c., Vol.II, p.52. 



18

 l.c., pp.191, 192. 

19

 l.c., Vol.I, p.47, 246. 



20

  “C’est, ajoutez-vous, grâce à l’appropriation du sol et des capitaux que l’homme, qui n’a que ses 

bras, trouve de l’occupation et se fait  un revenu... c’est au contraire, grâce à l’appropriation 

individuelle du sol qu’il se trouve des hommes n’ayant que leurs bras.... Quand vous mettez un 

homme dans le vide, vous vous emparez de l’atmosphère. Ainsi faites-vous, quand vous vous emparez 

du sol.... C’est le mettre dans le vide le richesses, pour ne la laisser vivre qu’à votre volonté.” [It is, 

you add, a result of the appropriation of the soil and of capital that the man who has nothing but the 

strength of his arms finds employment and creates an income for himself ... but the opposite is true, it 

is thanks to the individual appropriation of the soil that there exist men who only possess the strength 



549 

 

Chapter 33 



 

                                                                                                                                                              

of their arms. ... When you put a man in a vacuum, you rob him of the air. You do the same, when you 

take away the soil from him ... for you are putting him in a space void of wealth, so as to leave him no 

way of living except according to your wishes] (Collins, l.c. t.III, pp.268-71, passim.) 

21

 Wakefield, l.c., Vol.II, p.192. 



22

 l.c., p.45. 

23

  As soon as Australia became her own law-giver, she passed, of course, laws favorable to the 



settlers, but the squandering of the land, already accomplished by the English Government, stands in 

the way. “The first and main object at which new Land Act of 1862 aims is to give increased facilities 

for the settlement of the people.” (“The Land Law of Victoria,” by the Hon. C. G. Duffy, Minister of 

Public Lands, Lond., 1862.) 



Document Outline

  • Preface to the First German Edition (Marx, 1867)
  • Preface to the French Edition (Marx, 1872)
  • Afterword to the Second German Edition (1873)
  • Afterword to the French Edition (1875)
  • Preface to the Third German Edition (1883)
  • Preface to the English Edition (Engels, 1886)
  • Preface to the Fourth German Edition (Engels, 1890)
  • Part 1: Commodities and Money
    • Chapter 1: Commodities
      • Section 1: The Two Factors of a Commodity: Use-Value and Value (The Substance of Value and the Magnitude of Value)
      • Section 2: The Two-fold Character of the Labour Embodied in Commodities
      • Section 3: The Form of Value or Exchange-Value
        • A. Elementary or Accidental Form Of Value
          • 1.  The two poles of the expression of value. Relative form and Equivalent form
          • 2. The Relative Form of value
          • 3. The Equivalent form of value
          • 4. The Elementary Form of value considered as a whole
        • B. Total or Expanded Form of value
          • 1. The Expanded Relative form of value
          • 2. The particular Equivalent form
          • 3. Defects of the Total or Expanded form of value
        • C. The General Form of Value
          • 1. The altered character of the form of value
          • 2. The Interdependent Development of the Relative Form of Value, and of the Equivalent Form
          • 3. Transition from the General form of value to the Money form
        • D. The Money-Form
      • Section 4: The Fetishism of Commodities and the Secret Thereof
    • Chapter 2: Exchange
    • Chapter 3: Money, Or the Circulation of Commodities
      • Section 1: The Measure of Values
      • Section 2: The Medium of Circulation
        • A. The Metamorphosis of Commodities
        • C – M. First metamorphosis, or sale
        • M–C, or purchase.  The second and concluding metamorphosis of a commodity
        • B. The currency 89F26 of money
        • C. Coin and symbols of value
      • Section 3: Money
  • Part 2: Transformation of Money into Capital
    • Chapter 4: The General Formula for Capital
    • Chapter 5: Contradictions in the General Formula of Capital
    • Chapter 6: The Buying and Selling of Labour-Power
  • Part 3: The Production of Absolute Surplus-Value
    • Chapter 7: The Labour-Process and the Process of Producing Surplus-Value
      • Section 1: The Labour-Process or the Production of Use-Values
      • Section 2: The Production of Surplus-Value
    • Chapter 8: Constant Capital and Variable Capital
    • Chapter 9: The Rate of Surplus-Value
      • Section 1: The Degree of Exploitation of Labour-Power
      • Section 2: The Representation of the Components of the Value of the Product by Corresponding Proportional Parts of the Product Itself
      • Section 3: Senior’s “Last Hour”
      • Section 4: Surplus-Produce
    • Chapter 10: The Working day
      • Section 1: The Limits of the Working day
      • Section 2: The Greed for Surplus-Labour. Manufacturer and Boyard
      • Section 3: Branches of English Industry Without Legal Limits to Exploitation
      • Section 4: Day and Night Work. The Relay System
      • Section 5: The Struggle for a Normal Working Day. Compulsory Laws for the Extension of the Working Day from the Middle  of the 14th to the End of the 17th Century
      • Section 6: The Struggle for a Normal Working Day.  Compulsory Limitation by Law of the Working-Time.  English Factory Acts, 1833
      • Section 7: The Struggle for a Normal Working Day.  Reaction of the English Factory Acts on Other Countries
    • Chapter 11: Rate and Mass of Surplus-Value
  • Part 4: Production of Relative Surplus-Value
    • Chapter 12: The Concept of Relative Surplus-Value
    • Chapter 13: Co-operation
    • Chapter 14: Division of Labour and Manufacture
      • Section 1: Two-Fold Origin of Manufacture
      • Section 2: The Detail Labourer and his Implements
      • Section 3: The Two Fundamental Forms of Manufacture: Heterogeneous Manufacture, Serial Manufacture
      • Section 4: Division of Labour in Manufacture, and Division of Labour in Society
      • Section 5: The Capitalistic Character of Manufacture
    • Chapter 15: Machinery and Modern Industry
      • Section 1 : The Development of Machinery
      • Section 2:  The Value Transferred by Machinery to the Product
      • Section 3:  The Proximate Effects of Machinery on the Workman
        • A. Appropriation of Supplementary Labour-Power by Capital. The Employment of Women and Children
        • B. Prolongation of the Working day
        • C. Intensification of Labour
      • Section 4: The Factory
      • Section 5: The Strife Between Workman and Machine
      • Section 6: The Theory of Compensation as Regards the Workpeople Displaced by Machinery
      • Section 7: Repulsion and Attraction of Workpeople by the Factory System. Crises in the Cotton Trade
      • Section 8: Revolution Effected in Manufacture, Handicrafts, and Domestic Industry by Modern Industry
        • A. Overthrow of Co-operation Based on Handicraft and on the Division of Labour
        • B. Reaction of the Factory System on Manufacture and Domestic Industries
        • C. Modern Manufacture
        • D. Modern Domestic Industry
        • E. Passage of Modern Manufacture, and Domestic Industry into Modern Mechanical Industry. The Hastening of this Revolution by the Application of the Factory Acts to those Industries
      • Section 9: The Factory Acts. Sanitary and Educational Clauses of the same. Their General Extension in England
      • Section 10: Modern Industry and Agriculture
  • Part 5: Production of Absolute and Relative Surplus-Value
    • Chapter 16: Absolute and Relative Surplus-Value
    • Chapter 17: Changes of Magnitude in the Price of Labour-Power and in Surplus-Value
      • Section 1: Length of the Working day and Intensity of Labour Constant. Productiveness of Labour Variable
      • Section 2: Working day Constant. Productiveness of Labour Constant. Intensity of Labour Variable
      • Section 3:  Productiveness and Intensity of Labour Constant. Length of the Working day Variable
      • Section 4: Simultaneous Variations in the Duration, Productiveness, and Intensity of Labour
        • A. Diminishing Productiveness of Labour with a Simultaneous Lengthening of the Working day
        • B. Increasing Intensity and Productiveness of Labour with Simultaneous Shortening of the Working day
    • Chapter 18: Various Formula for the rate of Surplus-Value
  • Part 6: Wages
    • Chapter 19: The Transformation of the Value (and Respective Price) of Labour-Power into Wages
    • Chapter 20: Time-Wages
    • Chapter 21: Piece Wages
    • Chapter 22: National Differences of Wages
  • Part 7: The Accumulation of Capital
    • Chapter 23: Simple Reproduction
    • Chapter 24: Conversion of Surplus-Value into Capital
      • Section 1:  Capitalist Production on a Progressively Increasing Scale. Transition of the Laws of Property that Characterise Production of Commodities into Laws of Capitalist Appropriation
      • Section 2: Erroneous Conception, by Political Economy, of Reproduction on a Progressively Increasing Scale
      • Section 3:  Separation of Surplus-Value into Capital and Revenue. The Abstinence Theory
      • Section 4: Circumstances that, Independently of the Proportional Division of Surplus-Value into Capital and Revenue, Determine the Amount of Accumulation. Degree of Exploitation of Labour-Power. Productivity of Labour. Growing Difference in Amount Be...
      • Section 5: The So-Called Labour Fund
    • Chapter 25: The General Law of Capitalist Accumulation
      • Section 1: The Increased Demand for labour power that Accompanies Accumulation, the Composition of Capital Remaining the same
      • Section 2: Relative Diminution of the Variable Part of Capital Simultaneously with the Progress of Accumulation and of the Concentration that Accompanies it
      • Section 3: Progressive Production of a Relative surplus population or Industrial Reserve Army
      • Section 4: Different Forms of the Relative surplus population. The General Law of Capitalistic Accumulation
      • Section 5: Illustrations of the General Law of Capitalist Accumulation
        • A. England from 1846-1866
        • B. The Badly Paid Strata of the British Industrial Class
        • C. The Nomad Population
        • D. Effect of Crises on the Best Paid Part of the working class
        • E. The British Agricultural Proletariat
        • F. Ireland
  • Part 8: Primitive Accumulation
    • Chapter 26: The Secret of Primitive Accumulation
    • Chapter 27: Expropriation of the Agricultural Population From the Land
    • Chapter 28: Bloody Legislation Against the Expropriated, from the End of the 15th Century. Forcing Down of Wages by Acts of Parliament
    • Chapter 29: Genesis of the Capitalist Farmer
    • Chapter 30: Reaction of the Agricultural Revolution on Industry. Creation of the Home-Market for Industrial Capital
    • Chapter 31: The Genesis of the Industrial Capitalist
    • Chapter 32: Historical Tendency of Capitalist Accumulation
    • Chapter 33: The Modern Theory of Colonisation1097F1

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