Tag Archives: ricardo

Marx on Ricardo Continued.

A great passage that shows the qualitative difference between Ricardo and Marx and the importance of money in Marx’s theory of value: “Ricardo’s mistake is that he is concerned only with the magnitude of value. Consequently his attention is concentrated … Continue reading

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Marx on Ricardo III.

This bit nicely distinguishes draws out the differences between Marx and Ricardo’s conceptions of labour qua capital: Instead of labour, Ricardo should have discussed labour capacity. But had he done so, capital would also have been revealed as the material … Continue reading

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Marx on Ricardo II

Its all about social form and shit: This whole BLUNDER of Ricardo’s and the consequent erroneous exposition of rent, etc., as well as the erroneous laws about the rate of profit, etc, spring from his failure to distinguish between surplus … Continue reading

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