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Marx's Theory of the Genesis of Money: How, Why and Through What Is a Commodity Money? - Hardcover

 
9781432730529: Marx's Theory of the Genesis of Money: How, Why and Through What Is a Commodity Money?
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What is money?

A simple question that is surprisingly difficult to answer - or at least to answer well. Typical explanations of money offer a mere description (rather than an essential definition) of money by listing up its various functions, starting with the function of money as a means of paying for goods and services.

Karl Marx offers us a more fundamental understanding of money in his classic book Capital. In Chapter 1 and 2 (prior to explaining the functions of money in Chapter 3), Marx clarifies the essence of money as the material used by a commodity to express its own value, considers why money is necessary in the first place under capitalism, and then identifies the factor that propels a given commodity into the role of money.

Samezo- Kuruma takes a close look at each of those three key theoretical issues related to the concept of money in Marx's Theory of the Genesis of Value (with a focus on the theory of the value-form). Kuruma's book not only elucidates the essence of money, as understood by Marx, but also guides the reader through the "difficult beginning" of Capital.

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About the Author:
Samezō Kuruma, Ph.D., was a professor emeritus at Hosei University, Tokyo. He edited the multi-volume Marx-Lexikon zur Politischen Ökonomie (Otsuki Shoten). Other published works include Keizaigaku shi (History of Political Economy) and Kyoko kenkyu (Investigation of Crisis).

Michael Schauerte, MA (2001), Hitotsubashi University. Translated works include Samezō Kuruma’s “A Critique of Political Economy” (2007, Research in Political Economy) and Ōsugi Sakae’s My Escapes from Japan (2014, Doyosha). He writes regularly for the monthly Socialist Standard.

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  • PublisherOutskirts Pr
  • Publication date2008
  • ISBN 10 1432730525
  • ISBN 13 9781432730529
  • BindingHardcover
  • Number of pages228

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Other Popular Editions of the Same Title

9781608460588: Marx's Theory of the Genesis of Money: How, Why, and Through What is a Commodity Money? (Historical Materialism, 154)

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ISBN 10:  1608460584 ISBN 13:  9781608460588
Publisher: Haymarket Books, 2019
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  • 9781432727314: Marx's Theory of the Genesis of Money: How, Why and Through What Is a Commodity Money?

    Outski..., 2008
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