Table of Contents

    Simon Clarke-1994-Marxs Theory of Crisis
        Contents
        1 Introduction: Marxism and the Theory of Crisis
            Political Economy and the Necessity of Crisis
            Marxist Theories of Crisis
            The Impasse of Contemporary Marxism
            Marx and the Marxist Theory of Crisis
        2 The Theory of Crisis in the Marxist Tradition
            The Theory of Crisis in the Second International
            The Marxist Heritage: Engels's Theory of Crisis
            Kautsky and the Historical Tendencies of Capitalist Accumulation
            Kautsky's Theory of Secular Overproduction
            Kautsky's Theory of Crisis
            Bernstein's Challenge — Reform or Revolution
            Tugan-Baranowsky and the Necessity of Crisis
            Hilferding and the Disproportionality Theory of Crisis
                Competition and the investment cycle
                The investment cycle and the crisis
                Stabilisation and the necessity of crisis
            Rosa Luxemburg's Underconsumptionist Theory of Crisis
            Crises Associated with the Falling Rate of Profit
            The Reformulation of Marxist Crisis Theory in the 1970s
                Class struggle and capitalist crisis
                Crisis and the law of the tendency for the rate of profit to fall
            Class Struggle and the Rate of Profit
            Is There a Marxist Theory of Crisis?
        3 Overproduction and Crisis in the Early Works
            Engels's theory of crisis
            Marx's Early Development of Engels's Analysis
            The Dynamics of Capitalist Production and the Tendency to Crisis
            The Theory of Crisis in the Communist Manifesto
            The Early Theory of Overproduction and Crisis
        4 Production, Circulation and Global Crisis after 1848
            The Politics and Theory of Crisis after the 1848 Revolutions
            The Historical Development of Capitalist Crises
            Money, Credit and Crisis in the Notebooks of 1851
            The Theory of Crisis in 1853
            Revolutionary Hopes and the Crisis of 1857
        5 Money, Capital and Crisis in the Grundrisse
            Production and Circulation
            Money, Crisis and Currency Reform
            The Money Form and the Possibility of Crisis
            The Transition from Money to Capital
            The Self-Expansion of Capital and Overproduction
            Production and Realisation
            Marx's Theory of Crisis: One Theory or Three?
            Disproportionate Production and General Overproduction
            Competition and Disproportionality
            Underconsumption and the Tendency to Crisis
            Disproportionality and the Valorisation of Capital
            The Tendency for the Rate of Profit to Fall
                The tendency for the composition of capital to rise
                The composition of capital and the formation of a relative surplus population
                The composition of capital and the tendency for the rate of profit to fall
                The tendency for the rate of profit to fall and the tendency to crisis
            The Dynamics of Capitalism and the Tendency to Crisis
            The Methodology of the Grundrisse and the Theory of Crisis
        6 Underconsumption, Disproportionality and Overproduction
            Underconsumption Theories: Malthus and Sismondi
            Overproduction and Crisis: Say and Ricardo
                The production of surplus value and the possibility of crisis
                Disproportionality and general overproduction
                The tendency to crisis and the critique of political economy
                The contradictions of capital and the possibility of crisis
                Money, credit and the possibility of crisis
                Capitalist production and the possibility of crisis
            Capitalist Reproduction, Disproportionality and Crisis
        7 The Falling Rate of Profit and the Tendency to Crisis
            The critique of political economy and the falling rate of profit
            Is there a tendency for the rate of profit to fall?
                The tendency for the composition of capital to rise
                The rate of exploitation and the rate of profit
            The Falling Rate of Profit and Relative Surplus Population
            The Concentration of Capital, the Rate of Profit and Crisis
            Internal Contradictions of the Law
                The mass of profit, the rate of profit and the tendency to crisis
                The rate of profit, crisis and the depreciation of capital
                The falling rate of profit and the absolute overaccumulation of capital
                Overaccumulation and crisis
            What is the significance of FROP?
        8 Crises and the General Law of Capitalist Accumulation
            The Theory of Crisis in Capital
            Politics and the Theory of Crisis
            The Theory of Crisis in the First Volume of Capital
            The General Law of Capitalist Accumulation
                Labour shortage, wages and crisis
                Crises and the historical tendency of capitalist accumulation
            The Necessity of Crisis and the Periodicity of the Cycle
            Fixed Capital and the Periodicity of the Cycle
            Fixed Capital and the Problem of Reproduction
            Credit and the Investment Cycle
        9 Conclusion
        Bibliography
        Index