Money as Constituent of Value

Geert Reuten

Chapter 5 in Marx’s Theory of Money, 2005, pp 78-92 from Palgrave Macmillan

Abstract: Abstract In the first volume of Capital Marx introduces ‘money’ in chapter 1 (section 3) and then reintroduces it in chapter 3. At first sight the second introduction seems merely a superfluous excursion at this point since in the remainder of the book Marx apparently does not ‘do’ anything with it. He returns to money only in Capital II (Part II) and then again in Capital III (Parts IV and V). This may be one reason why the chapter 3 introduction has for a long time been much neglected.

Keywords: Historical Materialism; Marxian Theory; Immanent Substance; World Money; Commodity Money (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1057/9780230523999_6

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