The Smith Group is an amalgamation of Senior Credit managers and financial analysts, certified in the area of credit analysis and credit management and repair. The group, based in Houston Texas, has 20 plus years of international as well as domestic credit experience.

This book provides a comprehensive guide to all three volumes of Karl Marx's 'Capital', with advice on further reading and points for further discussion.

Introduction; Reading ‘Capital’; A Note on Marx’s Method; A Note on Social Class; A Note on the English Translations of ‘Capital’; PART I: THE DEVELOPMENT OF THE CAPITALIST MODE OF PRODUCTION: 1. Absolute and Relative Surplus Value in ‘Capital’, Vol. I, Ch. 10 and 12; 2. Cooperation and the Division of Labour in ‘Capital’, Vol. I, Ch. 13–14; 3. Machinery and Modern Industry in ‘Capital’, Vol. I, Ch. 15; 4. Primitive Accumulation in ‘Capital’, Vol. I, Part VIII, Ch. 26–33; PART II: THE CAPITALIST MODE OF PRODUCTION: 5. Simple Reproduction in ‘Capital’, Vol. I, Ch. 7, 11 and 23; 6. Extended Reproduction in ‘Capital’, Vol. I, Ch. 24; 7. Simple Reproduction in ‘Capital’, Vol. II, Sections 1–8; 8. Extended Reproduction in ‘Capital’, Vol. II, Ch. 21, Section 3; 9. The Precipitation of Fixed Capital in ‘Capital’, Vol. II, Ch. 21, Sections 1–2; Ch. 20, Section 11; PART III: THE UNDERDEVELOPMENT OF THE CAPITALIST MODE OF PRODUCTION: 10. Mercantilism and the Circuit of Industrial Capital in ‘Capital’, Vol. II, Part I, Ch. 1–4; 11. Credit and the Dissolution of the CMP in ‘Capital’, Vol. III, Ch. 27; 12. Rudolf Hilferding and ‘Finance Capital’: ‘Capital’, Vol. I, Ch. 25, Section 2; 13. Marx on Development and Underdevelopment in ‘Capital’, Vol. I, Ch. 25, Section 5; 14. The Tendency of the Rate of Profi t to Fall in ‘Capital’, Vol. III, Parts I–III, Ch. 1–15, but especially Ch. 14–15; PART IV: THE VALUE THEORY OF LABOUR: 15. The Rate of Profi t and the Rate of Surplus Value in ‘Capital’, Vol. I, Ch. 9, Section 3, and Vol. III, Parts I and III; 16. The Degree of Exploitation of Labour by Capital in ‘Capital’, Vol. I, Ch. 9, Section 1; Ch. 6–7; 17. The Labour Theory of Value and the Value Theory of Labour in ‘Capital’, Vol. I, Ch. 1, Sections 1–3; 18. The Reifi cation of Commodity Fetishism in ‘Capital’, Vol. I, Ch. 1, Section 4, and Vol. III, Ch. 24; Conclusion; Appendix: On Social Classes; Notes; Bibliography; Index