Historical materialism and the economics of Karl MarxCroce, Benedetto
Philosophy
Historical materialism and the economics of Karl Marx
Croce, Benedetto
Historical materialism; Marxian economics
But free trade presents itself to us, among its more recent
supporters, in a very different aspect--the free traders, abandoning
metaphysical postulates, assert two theses of practical importance:
(_a_) that of an _economic hedonistic maximum_, which they suppose
identical with the maximum of social desirability;[55] and (_b_) the
other, that this hedonistic maximum can only be completely secured by
means of the fullest economic liberty. These two theses certainly take
us outside metaphysics and into the region of reality; but not
actually into the region of science. Indeed the first of them contains
a statement of the ends of social life, which may perhaps be welcome,
but is not a deduction from any scientific proposition. The second
thesis cannot be proved except by reference to experience, _i.e._ to
what we know of human psychology, and to what, by approximate
calculation, we may suppose that psychology will still probably be in
the future. A calculation which can be made, and has been made with
great acumen, with great erudition and with great caution and which
hence may even be called scientific, but only in a metaphorical and
hyperbolical sense, as we have already remarked: hence the knowledge
which it affords us, can never have the value of strictly scientific
knowledge.[56] Pareto, who is both one of the most intelligent and
also one of the most trustworthy and sincere, of the recent exponents
and supporters of free trade,[57] does not deny the limited and
approximate nature of its conclusions; which appears to him so much
the more clearly in that he uses mathematical formulae, which show at
once the degree of certainty to which statements of this kind may lay
claim.
Public-domain text, read in full here on John Shaqi.
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