By Michael Lowy
“This booklet is excellent, incisive, sincere and merits to be learn with realization. it really is a massive occasion within the Marxist theoretical production.” —Politique Hebdo
“A striking essay, whose advantage is not just theoretical, but additionally old, since it examines unknown facets of the evolution of younger Marx’s thinking.”—Politis
In the 1840s, the younger German journalist Karl Marx constructed principles approximately smooth society that stay as correct at the present time as after they have been first constructed. right here Löwy indicates the lasting strength of Marx’s early writings on alienation and emancipation.
Michael Löwy is examine director in sociology on the Centre nationwide de l. a. Recherché Scientifique, Paris. he's the writer of many books, together with Romanticism opposed to the Tide of Modernity.
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Additional info for The Theory of Revolution in the Young Marx
This would enable us, finally, to d o justice to the most original intuition contained in th e works of Frank a nd Wal lerstein, which these two authors nevertheless d istort: the relative autonomy of mercantile forms from the mod es of production which sustain them. This mercantile autonomy, a ll the more notable the less i nd ustrial c apitalism is developed, constitutes a k i nd of 'economic bonapartism' that operates between vari ous productive structures, a nd prevails to the extent that pro duction for the m arket develops in non-capi talist forms.
On the other hand, to equate the two can only perpetuate the misunderstanding that haunts Frank's contrihution tb the debate. The final comment on the traditional form of the pole mic can perhaps best be left to Marx himself. fn a celebrated reflection on the economists of his day he wrote a passage that has still not lost its relevance: 'The first theoretical treatment of the modem mode of pro duction - the mercantile system - proceeded necessarily from the superficial phenomena of the circulation process as in: dividualized in the movements of merchant capital, and there fore grasped only the appearance of matters.
I 7 From among the ensemble of relations of production, we consider those linked to the ownership of the means of production to be the essential relations, since they determine the forms of canalization of the economic surplus and the effective degree of the division of labour, the basis in turn of the specific capa city of the productive forces for expansion. Their own level and rhythm of growth depends in turn on the destination of the economic surplus. We therefore designate as a mode of produc tion the logical and mutually co-ordinated articulation of: 1.