By Roman Rosdolsky
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Rosdolsky's Making of Marx's 'Capital" is a massive paintings of interpretation and feedback, written over fifteen years by means of one of many most effective representatives of the eu marxist culture. Rosdolsky investigates the connection among numerous models of Capital and explains the explanations for Marx's successive reworkings; he offers a textual exegesis of Marx's Grundrisse, now greatly to be had, and divulges its methodological riches. He offers a critique of later paintings within the marxist culture at the foundation of Marx's primary contrast among 'capital in general' and 'capital in concrete reality.' The Making of Marx's Capital' was once first released in 1968 as Zur Enstehungsgeschichte des Marx'schen 'Kapital". 'The unmarried most sensible exegesis on Marx's Capital that i've got ever learn ...the tone is enterprise, thoroughly undogmatic and beautifully lucid.' Robert Heilbroner, ny evaluate of Books
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Extra resources for The Making of Marx's 'Capital', Volume 2
172 (78–79). 60 See the significant commentaries on this in Lenin, The State and Revolution and Trotsky, The Revolution Betrayed, pp. 52–54. 61 Marx lists these deductions as: 'First, cover for replacement of the means of production used up. Secondly, additional portion for expansion of production. Thirdly, reserve or insurance funds to provide against accidents, dislocations caused by natural calamities etc. ' Only the remainder of the product therefore is 'intended to serve as means of consumption'. But 'before this is divided among the individuals, there has to be deducted from it: First, the general costs of administration not belonging to production . . . moment, (footnote continued on next page) Page 435 been made — exactly what he gives to it. What he has given to it is his individual quantum of labour . . . He receives a certificate from society that he has furnished so much labour . . . and with this certificate he draws from the social stock of means of consumption as much as costs the same amount of labour. '62 In other words, he receives mere certificates of labour the sole purpose of which is to regulate social distribution according to the labour principle. However, there is no room for a law of value in such a society because the form of production which exists here is completely different from commodity production and because the regulation of production and distribution is not left to the blind play of the market, but is subject to the conscious control of society. It would of course be tempting to go into the question of the operation of the law of value in the Soviet Union and the socalled People's Democracies in this connection. However, this subject goes beyond the framework of our immediate task. In addition we do not think that we could say anything on this question which could measure up to the clarity and depth of the work of E. Preobrazhensky,63 the most famous economist of the Russian revolution. The main line of his argument consists in the view that any anticapitalist transformation in an industrially backward country must take place under the conditions of a continuous struggle between the law of value, inherited from the capitalist past, and the diametrically opposed principle of socialist planning; and that the destiny of socialism depends on the outcome of this struggle. And if today numerous economists in the Soviet bloc elevate the law of value to the ranks of a socialist principle of distribution, this shows not only the extent of the theoretical gulf between them and Preobrazhensky and his contemporaries but also how far social and economic relations in the Soviet Union have become separated from the original aims of the October Revolution of 1917. Let us summarise : the chief distinction between Marx's conception of socialism and that of his predecessors is its scientific character, the fact that he uses the scientific understanding of the present social (footnote continued from previous page) that which is intended for the common satisfaction of needs, such as schools, health services etc.