Capitalism's Contradictions by Henryk Grossman

Author:Henryk Grossman
Language: eng
Format: epub
Tags: Social Science, ebook
ISBN: 978-1-60846-780-8
Publisher: Haymarket Books
Published: 2017-12-06T16:00:00+00:00

500. Originally published as Grossman, Marx, die Klassische Nationaloekonomie und das Problem der Dynamik.

501. Pareto, Les systèmes socialistes, 340; Croce, Historical Materialism, 138; Schumpeter, Economic Doctrine and Method, 15; Wilbrandt, Karl Marx, 101; Engländer, “Böhm-Bawerk und Marx,” 380. “It was Karl Marx . . . who, as a value theorist, was indeed the last great figure in the classical school.” Douglas, “Smith’s Theory of Value,” 65. The socialists Franz Mehring, Conrad Schmidt, and above all Rudolf Hilferding, however, are no different. See Mehring, Geschichte der deutschen Sozialdemokratie, vol. 2, 250; Mehring, Aus dem literarischen Nachlass, 557; Schmidt, Die Durchschnittsprofitrate auf Grundlage, 112. Hilferding not only regarded Marx as an opponent and conqueror of but also as perfecting “Classical Economy which begins with William Petty and finds its supreme expression in Marx.” Hilferding, Finance Capital, 21. Maurice Dobb does not go beyond this traditional view in his new book. If Marx offered no adequate “proof” of his theory of value, this was because he was not dealing with a new or unknown theory. “Marx was adopting a principle.” “The essential difference between Marx and classical political economy lay, therefore, in the theory of surplus value.” Dobb, Political Economy and Capitalism, 67–8, 75. [Grossman indicated that the author of Croce’s book was Antonio Labriola, who, however, fell into the category of Marxist proponents of the notion that Marx’s economics were essentially Ricardian. Labriola, Karl Marx, l’économiste, le socialiste, 79.]

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