> Duncan:
>
> >I dont think money is "everything" in Marx, but certainly one of his major
> >achievements is the integration of the theory of money with the theory of
> >the commodity and value in the first three chapters of Volume I of Capital.
Ajit:
> I have not explored the question of the theory of money in Marx, so cant
> agree or disagree at this time.
Alejandro R. asks:
Could you please expand on this? How can one study Marx's theory of
value without "exploring the question of the theory of money"?
(Almost 1/2 of Vol I, Ch. 1 is devoted to study the "value-form", 2/3
of Vol. I Part 1, "explores" the "theory of money"; 3/4 if one
includes Ch. 2, which essentially explains why the "process of
exchange" necessarily generates "money".)
I think there is no a "theory of money in Marx" as something
separated of his theory of value. As Duncan says above: "one of his
major achievements is the integration of the theory of money with the
theory of the commodity and value in the first three chapters of
Volume I of Capital."
Alejandro R.