Reading Capital: The Complete Edition by Louis Althusser & Étienne Balibar & Roger Establet & Jacques Rancière & Pierre Macherey

Author:Louis Althusser & Étienne Balibar & Roger Establet & Jacques Rancière & Pierre Macherey
Language: eng
Format: mobi, epub
Publisher: Verso

Engels then shows that Smith and Ricardo knew the origin of capitalist surplus-value. If they ‘did not distinguish surplus-value as such as a category on its own, distinct from the specific forms it assumes in profit and rent’ (ibid., p. 93), they did ‘produce’ the basic principle of the Marxist theory in Capital: surplus-value.

Whence the epistemologically pertinent question:

But what then did Marx say about surplus-value that was new? How did it happen that Marx’s theory of surplus-value burst like a bolt from the blue, in all civilized countries, while the theories of all his socialist precursors, Rodbertus included, petered out ineffectually? (ibid., p. 97).

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