Marx on economic liberalism

Chris Burford cburford at gn.apc.org
Fri Aug 28 13:44:15 PDT 1998


The mercantilists lay special stress on the qualitative aspect of the expression of value, and consequently on the equivalent form of commodities, which attains its full perfection in money.

The modern hawkers of Free-trade, who must get rid of their article at any price, on the other hand, lay most stress on the quantitative aspect of the relative form of value. For them there consequently exists neither value, nor magnitude of value, anywhere except in its expression by means of the exchange relation of commodities, that is, in the daily list of prices current [on the Stock Exchange].

(Capital Vol 1 Chapter 1 Section 3 Part a) Subsection 2, subsubsection iv)

Somehow pertinent to the status of neo-liberalism?

Chris Burford

London.



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