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Chapter Summary

This chapter presents an introduction to part three of the book Time in Marx: The Categories of Time in Marx's Capital. Capital as a social relation presents itself as a specific organisation of time. The part first deals with the concrete forms of capital: cost and prices of production, wages and profit. It the outlines the derived forms of industrial capital (commercial capital, financial capital, and so on) that do not just fulfil technical functions necessary for the reproduction of capital. They are also - like the price of land and ground rent - particular moments of the social imaginary, which comes to completion in the 'trinity formula'. Finally, the part discusses the contradictions of the capitalist organisation of time that are manifested in the capitalist crises of overproduction. The fluctuations of the rate of profit regulate economic history and give it its rhythm.

Keywords: capitalist organisation of time; ground rent; industrial capital; trinity formula



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