Re: [OPE-L] Sergio Bologna, "Money and Crisis"

From: Michael Perelman (michael@ECST.CSUCHICO.EDU)
Date: Sun Mar 13 2005 - 21:09:38 EST

It would be a great service if someone could set up a web site with all of these addresses.

On Sun, Mar 06, 2005 at 09:25:00AM -0500, glevy@PRATT.EDU wrote:
> Follow the links for the rest of the article. Published in 5 parts.
> In solidarity, Jerry
> +--------------------------------------------------------------------+ |
> Sergio Bologna, "Money and Crisis"
> |
> +--------------------------------------------------------------------+
> "Money and Crisis:
> Marx as Correspondent of the New York Daily Tribune, 185657"
> Sergio Bologna
> [Editorial Note: This article was written in 1973. It was a key article in
> developing the theoretical base of the newly emerging politics of
> working-class autonomy. This translation, presented here in five parts,
> was made by Ed Emery and John Merrington for an anticipated volume to be
> published by Red Notes: Selected Writings of Sergio Bologna. For further
> details, write to Red Notes, BP15, 2a St Paul's Road, London N1 UK]
> At the beginning of 1855, in a series of articles in the Neuer Oder
> Zeitung (11, 12, 20 and 25 January and in successive articles in the
> following months) Marx confronted the problem of cyclical crises and
> questions related to the British banking reforms of 1844. Already there
> were signs of the coming world recession of 185658 and it was urgent to
> set about analysing its causes.
> Marx's unpublished notes on Geldwesen, Kreditwesen, Krisen ("Essence of
> Money, Credit and Crisis") also date from the same period  November 1854
> to January 1855. The relation between the money form and general crisis
> must thus have been clear to him before the direct experience of the
> crisis of 1857. Even so, it seems historically legitimate to locate in
> this experience a decisive turning point in Marx, relating the early
> stages of his project for Capital to the need for building the base for an
> international revolutionary working-class party. It seems likely that this
> convergence of his theoretical and practical work would not have been so
> solidly achieved had it not been for the close scrutiny and stage-by-stage
> observation that he devoted to the monetary crisis of 1857. I have taken
> this as my starting point for a reading of the articles which Marx was
> writing about the crisis, articles which appeared in the New York Daily
> Tribune between June 1856 and December 1858. This story continues at:

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at

This archive was generated by hypermail 2.1.5 : Mon Mar 14 2005 - 00:00:01 EST