It has been discovered in recent years that Marx wrote four drafts of Capital, not just two (the Grundrisse and Capital), as was previously thought. The second draft is the Manuscript of 1861-63 in which Marx developed for the first time his theory of the distribution of the total surplus-value into individual parts (equal rates of profit, commercial profit, interest, and rent) that would later be the content of Volume 3 of Capital. This paper reviews how Marx developed his theory of the distribution of surplus-value in the Manuscript of 1861-63.
Dussel, E. (2001a). The four drafts of Capital: towards a new interpretation of the dialectical thought of Marx. Rethinking Marxism.
2.
Dussel, E. (2001b). Toward an unknown Marx: the Manuscript of 1861-63. (Translation of Hacia un Marx Desconocido: Los Manuscritos de 1861-63, edited by F. Moseley). London: Routledge
3.
Marx, K., & Engels, F. (1963-1971). Theories of surplus-value. Moscow: Progress Publishers (Volumes 1-3).
4.
Marx, K., & Engels, F. (1988-1994). Marx-Engels collected works. New York: International Publishers (Volumes 29 -34).
5.
Moseley, F. (1997). The development of Marx's theory of the distribution of surplus-value. In F. Moseley & M. Campbell (Eds.), New Investigations of Marx's Method. New Jersey: Humanities Press.
6.
Moseley, F. (2001a). Introduction to Dussel: the four drafts of Capital. Rethinking Marxism.
7.
Moseley, F. (2001b). Hostile brothers: Marx's theory of the distribution of surplus-value in Volume 3 of Capital. In G. Reuten & M. Campbell (Eds.), The Culmination of Capital: essays on volume 3 of Capital. London: Macmillan.
