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A Japanese Reconstruction of Marxist Theory by Robert Albritton

By Robert Albritton

A detailing of the results of Kozo Uno's political and monetary idea. attempts to provide an explanation for the humanistic capability of Marxist idea.

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Marx even gives examples that would support this interpretation. But when we look at other parts of Capital or at the work as a whole we find no such parallel, and we discover that the sequence of categories is a sequence of dialectical logic. Capital is primarily a theory of fully developed capitalism and of the law of value and not of the economic life of peoples from primitive society to the present. Marx continually gives historical examples to illustrate the law of value, but sometimes the illustrations make it seem that there is no distance at all between the law of value and empirical reality but only minor frictions.

The ten-hour day or the eight-hour day is primarily the result of class struggle constrained by a particular level of development of the productive forces. Thus the ten-hour day cannot be determined by the law of value itself. Rather the law of value helps us to understand why, at a historical level of analysis, it is possible for the length of the working day to be shortened and why also it cannot 'be shortened too much. Because the understanding of the outcomes of class struggle is always primarily conjunctural, it should in the main be studied at a historical level of analysis.

This subjective and isolated expression of value must express the homogeneity of commodities whereby they can be treated as qualitatively the same and differing only quantitatively and thus immediately equatable with each other. The expression' 10 ingots of iron' is already money in embryo. In the expanded form of value all commodity-owners express the values of their commodities in terms of the use-values of commodities they want. In this form the isolated character of the first value-form is overcome and the generally implicit in value is brought out; but this form of value is chaotic because there is potentially an infinite list of proposed exchanges without any unifying factor.

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