From: Fred B. Moseley (fmoseley@mtholyoke.edu)
Date: Fri Oct 04 2002 - 22:36:15 EDT
I think I have discovered strong philosophical evidence to further support my interpretation that the purpose of Marx's theory of surplus-value in Volume 1 is to explain the ACTUAL total surplus-value in the real capitalist economy as a whole, not to explain a hypothetical total surplus-value proportional to the labor-time embodied in surplus goods. 1. The evidence begins with Marx's famous quote from Aesop's fables at the end of Chapter 5: "Hic Rhodus, hic salta!" I always thought that this quote meant something like "put up or shut up". But I reread the translator's (Fowkes) footnote tonight, and he says that this quote is a reference to Hegel, and specifically to the Preface to Hegel's Philosophy of Right. According to Fowkes, Hegel "uses the quote to illustrate his view that the task of philosophy is to apprehend and comprehend WHAT IS, rather that what ought to be." (emphasis added) This would suggest that Marx's use of the same quote must illustrate a similar view - that the task of a scientific theory of capitalism is to apprehend and comprehend WHAT IS, rather that what ought to be. And, I would add, rather than to comprehend hypothetical magnitudes that are different from "what is". Marx's circulation of capital - M-C-M' - refers to "what is". The initial M - and its two components C and V - refer to actual quantities of money-capital invested in means of production and labor-power. C and V are not hypothetical magnitudes, different from the actual quantities of money-capital, proportional to the labor-times embodied in the means of production and means of subsistence. And dM is the actual total quantity of surplus-value produced in the real capitalist economy as a whole, not a hypothetical quantity proportional to the labor-time embodied in surplus goods. 2. Then I looked up this quote in Hegel's Preface (which I had never read before, but had a copy because I have been intending to read it for years). I am a Hegel novice, but, from reading this Preface, Fowkes' interpretation certainly seems accurate. This quote is followed by the sentence: "To comprehend WHAT IS, this is the task of philosophy, because what is, is reason." (emphasis added) Two pages later, in the last sentence of the Preface, Hegel reiterates that the task of philosophy is "a scientific discussion of the THING ITSELF". (emphasis added). I hope you Hegel specialists on the list will comment on this important point. Is Fowkes' interpretation of Hegel correct? In endorsing Hegel's view of the task of philosophy, Marx seems to be suggesting that the task of a theory of capital is a "scientific discussion of the THING ITSELF", i.e. of the real, actual existing capitalist economy. And, in particular, Marx's theory of surplus-value, which is of course what Chapter 5 and the rest of Volume 1 is about, attempts to apprehend and comprehend the actual total surplus-value in the real capitalist economy as a whole ("what is" or "the thing itself"). Marx's theory of surplus-value in Volume 1 is not intended to comprehend a different hypothetical total surplus-value that we calculate from our theoretical model. The quotation follows directly after Marx starkly posed the all-important question of the origin of surplus-value. The reference to Hegel's view that the task of philosophy is to "comprehend what is" must be intended to indicate that the task of his theory of capitalism is to comprehend the actual surplus-value produced in the real capitalist economy as a whole. Comradely, Fred
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