Social Power and the Individual
David McLellan
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David McLellan: University of Kent
Chapter 4 in Marx’s Grundrisse, 1980, pp 65-69 from Palgrave Macmillan
Abstract:
Abstract The disintegration of all products and activities into exchange values presupposes both the disintegration of all rigid, personal (historical) relationships of dependence in production, and a universal interdependence of the producers. The production of each individual depends on everyone else’s production, just as the transformation of his product into food for himself depends on everyone else’s consumption. Prices are ancient; and so is exchange; but the increasing determination of prices by the cost of production, and the influence of exchange over all production relationships can only develop fully and ever more completely in bourgeois society, the society of free competition. What Adam Smith, in true eighteenth-century style, places in the prehistoric period, puts before history, is in fact its, product.
Keywords: Private Interest; Social Power; Foreign Exchange Market; Ancient Community; Private Exchange (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05221-9_5
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DOI: 10.1007/978-1-349-05221-9_5
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