Abstract
Marx defines the commodity in a unique way. His theory of the money commodity is a unique commodity theory of money. It developed from a political critique of the utopian socialists’ concepts of money, labour time and exchange value. Besides using Hegel’s dialectical method, Marx also adapted certain ideas from his elaboration of ‘measure’ in the Logic to develop his concept of money. Similarly his framework for relating ‘price’, which appears in circulation, and ‘value’, the essential relation in production, can be compared with Hegel’s passages on the ‘force’ and its ‘manifestation’ in the Phenomenology of the Spirit. These influences on Marx’s thoughts on money appear in the Grundrisse but inform the final version of his theory of money in Capital I, too.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
