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<jats:sec><jats:title>Abstract</jats:title><jats:p>Fine and Saad-Filho are wrong to insist that an abstract category of production should be the starting point of Marxist value-theory in logical, temporal and causal terms. Marx, in Capital, begins with a repertoire of simpler categories and slowly constructs the complex category of capitalist production. It is vital that exploitation should be seen as one phase (however crucial) of a process of capital-in-motion, and due weight given to money, competition and realisation.</jats:p> </jats:sec>
Historical Materialism – Brill
Published: Jan 1, 2009
Keywords: CIRCUIT OF CAPITAL; SAAD-FILHO; FINE; COMPETITION; MONEY; MARX; REALISATION; VALUE
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