RE: [OPE] How to read Capital

From: Paul Cockshott (
Date: Thu Apr 03 2008 - 14:48:50 EDT

He gives a theory there, but do you find the theory at all plausible when it comes to explaining
paper money?

Do you really think that the Euro circulates just as a symbol for gold?

Paul Cockshott
Dept of Computing Science
University of Glasgow
+44 141 330 1629

-----Original Message-----
From: on behalf of
Sent: Thu 4/3/2008 6:19 PM
Subject: Re: [OPE] How to read Capital

 Dear Dave,

I recommend you reading the first chapter of the first volume of Capital very carefully.
There Marx explains very well why the existence of money can be deduced dialectically from value form of commodity.




-----Ursprüngliche Mitteilung----- 
Von: Dave Zachariah <>
An: Outline on Political Economy mailing list <>
Verschickt: Do., 3. Apr. 2008, 19:02
Thema: Re: [OPE] How to read Capital

on 2008-04-03 14:13 wrote: 

> Because the state the embodiment of a general capitalist is. 

A state and a capitalist have in general only one thing in common: both 
are surplus appropriators. 

I think what Paul C is pointing out is that the existence of money -- 
such a central phenomena in capitalism -- cannot be deduced by some 
dialectical logic applied to specific features of capitalism. 

//Dave Z 


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