Historical Materialism and the Economics of Karl Marx

Author: Benedetto Croce
Published: 1914
Language: English
Wordcount: 50,739 / 150 pg
Flesch-Kincaid Reading Ease: 44.5
LoC Categories: B, HB
Downloads: 3,031
Added to site: 2006.11.23
mnybks.net#: 15337
Genre: Philosophy
Advertisement

Translated by C.M. Meredith with an introduction by A.D. Lindsay.

Show Excerpt

social necessity is taken as uniform, and the difference in value taken to represent differences in hours of work. While the main abstract contention remains the same, most of those who argue that in a system of unfettered economic competition most men get what they deserve, rather readily ignore the existence of monopoly, and assume that this argument justifies the existing distribution of wealth. The chief purpose of Marx's argument is to emphasise the difference between such an economic system and a capitalist society. He is here, as so often, turning the logic of the classical economists against themselves, and arguing that the conditions under which a purely economic distribution of wealth could take place, could only exist in a community where monopoly had been completely abolished and all capital collectivised.

Croce maintains that Marx's theory of value is economic and not moral. Yet it is hard to read Marx and certainly Marxians without finding in them the implication that the values produced

Cover image for

Download


show mobile phone QR code

Donate a small amount via Paypal below or read about some other ways that you can support ManyBooks.