[lbo-talk] the Grundrisse and credit.

Angelus Novus fuerdenkommunismus at yahoo.com
Sun Jan 15 13:10:57 PST 2012


Doug wrote:


> There are reams of quotes from British factory inspectors, Economist
editorials, Parliamentary testimony of senior bankers, observations of the way the Bank of England works, etc. etc. That's rather empirical it seems to me.

Of course, Marx was a serious scholar, and any theoretical account of capitalism has to have solid empirical evidence.

But Carrol's point is that _Capital_ isn't a book about English capitalism.  It's a theoretical account of capitalism.  As Marx says, he was presenting "the inner organisation of the capitalist mode of production, in its ideal average, as it were."



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