Collectivism And The Socialism Of The Liberal School; A Criticism And An Exposition

Paperback | February 8, 2012

byAlfred Naquet

not yet rated|write a review
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1891 Excerpt: ... BOOK II. Refutation of the Critical Argument of the Collectivists. CHAPTER I. THE THEORY OP VALUE. The first objection that may be raised against the criticism of Karl Marx rests on his theory of value, which is totally antiscientific. According to Karl Marx, as we have seen, an object is strictly worth what it has cost to produce, and is worth nothing more. This conception is absolutely erroneous. The cost of production, if it enters as an element in the fixing of value, does so only in a subsidiary manner, simply as a matter of consequence, and leaves the chief and fundamental place to utility. Dealing with the economists who say that "the value of an object is that which the consumer is willing to pay for it," Marx contends that this is simply a tautology, a vicious circle, as though one had said, "the value of an object is what an object is worth." We shall presently see that, under an appearance of precision that dazzles at the first glance, the definition of Marx contains a tautology identical with the one with which he reproaches the current political economy. An object is freely furnished by the hand of nature, say a fruit, wild game, a diamond. We may suppose that it had cost nothing to take possession of it. It presented itself at hap-hazard to the passer-by who did not seek it, and who only had to take it without labour. From the point of view at which the Collectivist school places itself--and Marx is very positive on this point--this object is without value. Yet who does not see that it will have a value, and that that value will be found in its scarcity, combined with its utility, and in the desire, felt by a large number of human beings, to possess its use-value! Will the Marxist school contend that this is to stretch the use of the term valu...

Pricing and Purchase Info

$27.95

On re-order online

From the Publisher

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1891 Excerpt: ... BOOK II. Refutation of the Critical Argument of the Collectivists. CHAPTER I. THE THEORY OP VALUE. The first objection that may ...

Format:PaperbackDimensions:54 pages, 9.69 × 7.44 × 0.11 inPublished:February 8, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217460828

ISBN - 13:9780217460828

Look for similar items by category:

Customer Reviews of Collectivism And The Socialism Of The Liberal School; A Criticism And An Exposition

Reviews