This work establishes the uniqueness of the Marxian category of Capital on the basis of the original texts by Marx. The study has been neglected in the existing literature. The wage-labor relationship is shown to be necessary and sufficient for the existence of capital(ism). Individual ownership is shown to be a particular form of capitalist private property which can also take the form of collective ownership. The author argues the capitalist character of the Soviet economy.

PARESH CHATTOPADHYAY is Professor of Political Economy at the University of Quebec in Montreal. Dr. Chattopadhyay has been Professor of Economics at the Indian Institute of Management in Calcutta, and a Visiting Professor of Political Economy at the Universities of Paris and of Grenoble.

Tables
Preface
Introduction: The Relevance of Marx
Capital's Double Existence
Accumulation of Capital, Competition of Capitals
Soviet Economy Viewed Statically
Dynamics: The Process of Capital Accumulation
Crisis of Absolute Overaccumulation of Capital
Soviet Economy as Non-Capitalist Economy: Theoretical Considerations
Non-Capitalist Position and the Soviet Reality
From Non-Proletarian Regime to Non-Restoration of Capitalism
Bibliography
Index