The Myth of 'Simple Commodity Production'

http://marxmyths.org/chris-arthur/article2.htm
Year Published:  2005
Resource Type:  Article
Cx Number:  CX12508

Many misunderstandings have arisen from and about the structure of Capital. One of these is that Capital has an historical structure beginning with "Simple Commodity Production." As Chris Arthur shows in this article, Marx knows of no such mode of production. Marx begins with the simplest relation of capital and exhibits the relations of capital by means of a LOGICAL, not a historical structure.

Subject Headings

• Capital
• Commodity Production
• Economic Theory
• Economics