Capital, “merely an instrument of production” (II, 15) (capital 
conceived of as a thing ibid.) (capital, not simple relationship, but 
process. Ibid. II, 16). Capital and product (II, 18). 

Productive and unproductive labour (II, 21, 22) (IH, 14). 

Agriculture, landed property and capital (II, 23). 

Market (II, 24, 25). 

Grounds for profit (III, 19, 20) III, 22, 23. 

Production costs (III, 20). 

Not dépenses, but avances* of capitalists (Storch VII, 50. Against the 
theory of savings ibid.). 

Proudhon and interest, etc. (III, 20). His extra-economic origins of 
landed property (V, 3). Surpius vatue (VI, 27) (Price (Richard) and 

Proudhon VII, 47, 48). 


4 Costs, advances.— Ed. 


Draft Plan of the Chapter on Capital 517 


Bastiat on wage system (III, 22). On profit, etc. (VII, 18, 19). 
Agriculture (the same, industrially. 15th century VII, 29. Harrison). 
Money capital (III, 44). 

Ricardo. The origin of surplus value. Wages and profit merely 
dividends (VI, 1, 2). (Wakefield against Ricardo VI, 8) (Malthus 
versus wages as proportion VI, 12) (13) VII, 8. 

Malthus. Theory of value (VI, 3 sqq.) (VI, 12, 13). 

Smith’s sacrifice of labour. Senior’s sacrifice of abstinence (VI, 17) 
(18). 

Smith’s origin of profit (VI, 18). Opposed by Lauderdale VI, 43. 

McCulloch’s origin of surplus value VI, 18. Waczs, part of worker’s 
own product idem, VI, 19. 

Wage labour and stavery. Steuart VII, 25, 26. Idem: Macuines l.c., 
26.