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Marx's Concept Of Money



This article discusses Marx's theory of money and its connection to his political and philosophical beliefs. It challenges the idea of an epistemological break in Marx's work and explores the relationship between his concept of money and his early ideas on alienation. more details
Key Features:
  • Marx's theory of money is based on his belief that capitalism is a system built on the exploitation of the working class. He saw money as a tool used by the ruling class to maintain their power and control over the working class.
  • According to Marx, money is not just a medium of exchange, but also a representation of the social relations of production in a capitalist society. It is a symbol of the unequal power dynamics between the bourgeoisie and the proletariat.
  • Marx believed that the value of money is not inherent, but rather it is determined by the labor that goes into producing goods and services. He argued that under capitalism, the working class is exploited because they do not receive the full value of their labor, which goes to the capitalists as profit.


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Description
This article discusses Marx's theory of money and its connection to his political and philosophical beliefs. It challenges the idea of an epistemological break in Marx's work and explores the relationship between his concept of money and his early ideas on alienation.

This work relates Marx's theory of money to his overall political economy, and places it firmly within the wider context of his political and philosophical thought. It has for some time been held that there exists an epistomological break between the early 'humanist' and later 'scientific' Marx. However, in this ground-breaking study Anitra Nelson links Marx's conecept of money to his early key concepts with particular reference to 'alienation'.
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