The Logical Construction of Value-Theory: More on Fine and Saad-Filho

The Logical Construction of Value-Theory: More on Fine and Saad-Filho

Fine and Saad-Filho are wrong to insist that an abstract category of production should be the starting point of Marxist value-theory in logical, temporal and causal terms. Marx, in Capital, begins with a repertoire of simpler categories and slowly constructs the complex category of capitalist produc...

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Bibliographic Details
Published in:Historical materialism : research in critical Marxist theory 2009-01, Vol.17 (3), p.208-220
Main Author: Kincaid, Jim
Format: Article
Language:eng
Subjects:
Body Weight
Capitalism
CIRCUIT OF CAPITAL
COMPETITION
Exploitation
FINE
MARX
Marx, Karl
Modes of Production
MONEY
Production
REALISATION
SAAD-FILHO
VALUE
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Summary:Fine and Saad-Filho are wrong to insist that an abstract category of production should be the starting point of Marxist value-theory in logical, temporal and causal terms. Marx, in Capital, begins with a repertoire of simpler categories and slowly constructs the complex category of capitalist production. It is vital that exploitation should be seen as one phase (however crucial) of a process of capital-in-motion, and due weight given to money, competition and realisation. Adapted from the source document.
ISSN:1465-4466
1569-206X