From: Rakesh Bhandari (bhandari@BERKELEY.EDU)
Date: Fri Nov 10 2006 - 22:12:17 EST
>Dear members of OPE-L, > > > >I have a question concerning literature on the Marxian treatment of "hoards" >in Volume II of Capital. The only texts on this subject I know are by (OPE-L >list member?) Martha Campbell and by Makoto Itoh/Costas Lapavitsas. Most >other literature on Volume 2 refers - as far as I can see - to the schemes >of reproduction and is focussed more on quantitative aspects than on >questions concerning "form-analysis". Martha Campbell (1998: 130) argues - >among other things - "that the hoards required for the circulation of >capital are the source of funds in the credit system (the banking system and >stock and bond markets)". The later is addressed in Volume III. Of course, >Marx knows about the historical antecedence of hoard-building, but it is his >argument - and this concerns to the logic of his methodological approach - >that they are a necessary outcome of the circulation of capital (as >discussed in Volume II). > Not quite up to date...Hilferding in Finance Capital...somewhere.... Hanno, please elaborate on how this concerns the logic of Marx's methodological approach... Rakesh > >So I would be glad if anyone knows some literature on Volume II that >addresses these aspects (or aspects on form-analysis in general) and could >tell me. > > > >Thanks in advance, > > > >Hanno Pahl
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