Historical Materialism and the Economics of Karl Marx

Historical Materialism and the Economics of Karl Marx

By

0
(0 Reviews)
Historical Materialism and the Economics of Karl Marx by Benedetto Croce

Published:

1914

Pages:

123

Downloads:

3,595

Share This

Historical Materialism and the Economics of Karl Marx

By

0
(0 Reviews)
Translated by C.M. Meredith with an introduction by A.D. Lindsay.

Book 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

More books by Benedetto Croce

(view all)
P.G. Smith - Classic Gothic Horror Set in Small-Town Maine
FEATURED AUTHOR - P.G. Smith is a former U.S.Army officer, public school administrator, special education teacher, and mental health counselor. While pursuing this wide variety of occupations, his writing has also appeared in periodicals to include Country Living, Military History, Canada's History, National Guard, Career World, and the Boston Globe. These days he divides his time between Boothbay Harbor, Maine and Ashburnham, Massachusetts. As our Author of the Day, he tells us all about his book, Prayers for… Read more