Re: [OPE] How to read Capital

dogangoecmen@aol.com

 Thanks.
Dogan

-----Ursprüngliche Mitteilung----- 
Von: Paul Cockshott <wpc@dcs.gla.ac.uk>
An: Outline on Political Economy mailing list <ope@lists.csuchico.edu>
Verschickt: Fr., 4. Apr. 2008, 11:14
Thema: RE: [OPE] How to read Capital

Have a look at Geoggrey Ingham's book 'The Nature of Money',
and at attached paper by Tcherneva or at papers by Forstater
for instance
http://www.epicoalition.org/docs/the_natural_rate.htm

Paul Cockshott
Dept of Computing Science
University of Glasgow
+44 141 330 1629
www.dcs.gla.ac.uk/~wpc/reports/

-----Original Message-----
From: ope-bounces@lists.csuchico.edu on behalf of dogangoecmen@aol.com
Sent: Fri 4/4/2008 9:22 AM
To: ope@lists.csuchico.edu
Subject: Re: [OPE] How to read Capital

Dave Z

But commodities are empirical and money is an empirical fact. The question is 
how we are going to explain the genesis of money. There are, generally speaking, 
two theories on this: formal and materialist theories of money. The classical 
(pre-Marx) explanations of money with a reference to barter is a formal one. 
Adam Smith sensed that when he said production can do without money. 
Contemporary theories which separates entirely financial markets from material 
production are formalist theories of money. Marx's explanation of the genesis of 
money is a materialist one. So that is all I know about this issue.

Dogan

-----Ursprüngliche Mitteilung----- 
Von: Dave Zachariah <davez@kth.se>
An: Outline on Political Economy mailing list <ope@lists.csuchico.edu>
Verschickt: Do., 3. Apr. 2008, 19:31
Thema: Re: [OPE] How to read Capital

on 2008-04-03 19:19 dogangoecmen@aol.com wrote: 

> I recommend you reading the first chapter of the first volume of 
> Capital very carefully. 

> There Marx explains very well why the existence of money can be 
> deduced dialectically from value form of commodity. 

Fine, but the deduction is empirically false. 

//Dave Z 

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