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Marx's Theory of the Genesis of Money: How, Why and Through What Is a Commodity Money? - Softcover

 
9781432727314: Marx's Theory of the Genesis of Money: How, Why and Through What Is a Commodity Money?

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Synopsis

Marx's Theory of the Genesis of Money What is money? A simple question that is surprisingly difficult to answer - or at least to answer well. Typical explanations of money offer a mere description (rather than an essential definition) of money by listing up its various functions, starting with the function of money as a means of paying for goods and services. Karl Marx offers us a more fundamental understanding of money in his classic book Capital. In Chapter 1 and 2 (prior to explaining the functions of money in Chapter 3), Marx clarifies the essence of money as the material used by a commodity to express its own value, considers why money is necessary in the first place under cap...

"synopsis" may belong to another edition of this title.

Synopsis

What is money? A simple question that is surprisingly difficult to answer - or at least to answer well. Typical explanations of money offer a mere description (rather than an essential definition) of money by listing up its various functions, starting with the function of money as a means of paying for goods and services. Karl Marx offers us a more fundamental understanding of money in his classic book Capital. In Chapter 1 and 2 (prior to explaining the functions of money in Chapter 3), Marx clarifies the essence of money as the material used by a commodity to express its own value, considers why money is necessary in the first place under capitalism, and then identifies the factor that propels a given commodity into the role of money. Samezo- Kuruma takes a close look at each of those three key theoretical issues related to the concept of money in Marx's Theory of the Genesis of Value (with a focus on the theory of the value-form). Kuruma's book not only elucidates the essence of money, as understood by Marx, but also guides the reader through the "difficult beginning" of Capital.

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  • PublisherOutskirts Press
  • Publication date2008
  • ISBN 10 1432727311
  • ISBN 13 9781432727314
  • BindingPaperback
  • LanguageEnglish
  • Number of pages228

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