[lbo-talk] Political Action &/or Revolution was State and Capitalism

John Thornton jthorn65 at sbcglobal.net
Wed Mar 12 14:36:37 PDT 2008


Carrol Cox wrote:
> MONEY
>
> I don't see how anyone can very intelligently or usefully say anything
> about Money without grounding her/his discussion in Marx, finding there
> that Money is a social relation under specific historical conditions
> (Capitalism). Money (as Marx discusses it) did not exist before
> capitalism and cannot exist after capitalism. Just as it proved
> impossible, on this e-list, to discuss unpjroductive labor, it is
> impossible, on this e-list, to discuss money usefully.

Money existed before capitalism. The current social relation we have to money is specific to capitalism. That is why one need not dispense with money but rather the specific capitalist social relation to money. Money isn't the problem or even a problem.

John Thornton



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