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The Hegelian Dialectic and Marx's Capital

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  • Likitkijsomboon, Pichit

Abstract

In Marx's political economy "capital," like "the spirit" in Hegel, is the subject and is in the unfolding process, a series of unity-contradiction-unity, from the most abstract-simple categories of commodity, value, and labor as capital implicit to the most concrete-complex category of a pure capitalist economy as capit al explicit. All categories in Capital together constitute an organic whole in which the starting-point, the commodity and value, and the finishing point, the pure capitalist economy, presuppose each other, and form a self-determined system of political economy. Capital mus t then be approached as an organic whole which cannot be broken down i nto a series of unrelated analytical propositions. Copyright 1992 by Oxford University Press.

Suggested Citation

  • Likitkijsomboon, Pichit, 1992. "The Hegelian Dialectic and Marx's Capital," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 16(4), pages 405-419, December.
  • Handle: RePEc:oup:cambje:v:16:y:1992:i:4:p:405-19
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    Cited by:

    1. Gontijo, Cláudio, 2000. "On the Criticism to the Classical Method," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 54(1), January.

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