Political economy exists in two senses: one is political economy in a narrow sense, or that which is specifically devoted to the capitalist mode of production; the other is political economy in a broad sense, that is, "as the science of the conditions and forms under which the various human societies have produced and exchanged and have always correspondingly distributed their products."1 Marx was the creator of political economy in the broad sense. To make an overall critique of bourgeois economics, "it was not enough to be acquainted with the capitalist form of production, exchange and distribution. The forms preceding it or still existing alongside it in less developed countries had also to be examined and compared, at least in their main features."2 This was why Marx, while examining the capitalist mode of production, also carefully examined the various precapitalist modes of production. In addition to writing the results of his examination of the different precapitalist modes of production into relevant chapters of his most important work—Capital—Marx mainly included them in his A Critique of Political Economy, in the section entitled "Precapitalist Economic Formations." This latter work has now been translated and published in China in part 1, volume 46, of the Chinese edition of The Complete Works of Marx and Engels. Of all Marx's works, this is one of utmost importance.
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