Historical materialism and the economics of Karl MarxCroce, Benedetto
Philosophy
Historical materialism and the economics of Karl Marx
Croce, Benedetto
Historical materialism; Marxian economics
It would be instructive to examine the references which there are in
Marx's _Das Kapital_ to unfinished analyses, extraneous to his special
method; for in this dependence on analysis the researches of pure
economics have their origin. What is, for instance, _abstract human
labour_ (_abstrakt menschliche Arbeit_), a concept which Marx uses
like a postulate? By what _method_ is that reduction of _complex_ to
_simple_ labour accomplished, to which he refers as to an obvious and
ordinary matter? And if, in Marx's hypothesis, _commodities_ appear as
_congealed labour_, or _crystalised labour_, why by another
hypothesis, should not all economic goods and not only commodities,
appear as _congealed methods of satisfying needs_ or as _crystalised
needs_? I read at one point in _Das Kapital_: 'Things which in
themselves are not commodities, _e.g._ knowledge, honour, etc., may be
sold by their owners; and thus, by means of their price, acquire the
form of commodities. A thing may formally have a price without having
a value. The expression of the price here becomes _imaginary_ like
certain quantities in mathematics.'[33] Here is yet another
difficulty, indicated but not overcome. Where are these _formal_ or
_imaginary_ prices to be found? And what are they? By what laws are
they governed? Or are they perhaps like the Greek words in Latin
prosody, which according to the school rule, _per Ausoniae fines sine
lege vagantur_?--Questions of this kind are answered by the researches
of pure economics.
The philosopher Lange also, who rejected Marx's law of value, which he
regarded as an _extravagant production_, _a child of sorrow_, thinking
it unsuitable--and in this he was justified, as a general law of
value, arrived at the solutions which have since been given of the
latter, a long time before the researches of the purists came into
blossom. 'Some years ago,' he wrote in his book on labour problems,
'I too worked at a new theory of value, _which should be of such a
character as to show the most extreme cases of variation in value as
special cases of the same formula_.' And, whilst adding that he had
not completed it, he intimated that the course which he attempted was
the same as that hastily glanced at by Jevons in his _Theory of
political economy_, published in 1871.[34]
Public-domain text, read in full here on John Shaqi.
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