Capitalism; Imperialism; Saving and investment; Socialism
[272] _Schriften_, vol. i, p. 304. Just so already in _Towards the
Understanding of Our Politico-Economic Conditions_, 'We must distinguish
between capital in its narrow or proper sense, and the fund of
enterprise, or capital in a wider sense. The former comprises the actual
reserves in tools and materials, the latter the fund necessary for
running an enterprise under present conditions of division of labour.
The former is capital absolutely necessary to production, and the latter
achieves such relative necessity only by force of present conditions.
Hence only the former is capital in the strict and proper meaning of the
term; this alone is completely congruent with the concept of national
capital' (ibid., pp. 23-4).
[273] _Schriften_, vol. i, p. 292.
[274] Op. cit., vol. ii, p. 136.
[275] Ibid., p. 225.
[276] A memorial of the worst kind, by the way, was that of the editors
who published his works after his death. These learned gentlemen,
Messrs. Wagner, Kozak, Moritz Wuertz & Co., quarrelled in the prefaces
to his posthumous writings like a rough crowd of ill-mannered servants
in an antechamber, fighting out publicly their petty personal feuds and
jealousies, and slanging one another. They did not even bother in common
decency to establish the dates for the individual manuscripts they had
found. To take an instance, it needed Mehring to observe that the oldest
manuscript of Rodbertus that had been found was not published in 1837,
as laid down autocratically by Prof. Wagner, but in 1839 at the
earliest, since it refers in its opening paragraphs to historical events
connected with the Chartist movement belonging, as a professor of
economics really ought to know, in the year 1839. In Professor Wagner's
introduction to Rodbertus we are constantly bored by his pomposity, his
harping on the 'excessive demands on his time'; in any case Wagner
addresses himself solely to his learned colleagues and talks above the
heads of the common crowd; he passes over in silence, as befits a great
man, Mehring's elegant correction before the assembled experts. Just as
silently, Professor Diehl altered the date of 1837 to 1839 in the
_Handwörterbuch der Staatswissenschaften_, without a word to say when
and by whom he had been thus enlightened.
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