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Money as Constituent of Value

In: Marx’s Theory of Money

Author

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  • Geert Reuten

Abstract

In the first volume of Capital Marx introduces ‘money’ in chapter 1 (section 3) and then reintroduces it in chapter 3. At first sight the second introduction seems merely a superfluous excursion at this point since in the remainder of the book Marx apparently does not ‘do’ anything with it. He returns to money only in Capital II (Part II) and then again in Capital III (Parts IV and V). This may be one reason why the chapter 3 introduction has for a long time been much neglected.

Suggested Citation

  • Geert Reuten, 2005. "Money as Constituent of Value," Palgrave Macmillan Books, in: Fred Moseley (ed.), Marx’s Theory of Money, chapter 5, pages 78-92, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52399-9_6
    DOI: 10.1057/9780230523999_6
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    Cited by:

    1. Labrinidis, George, 2014. "The forms of world money," MPRA Paper 59962, University Library of Munich, Germany.
    2. Andrea Ricci, 2016. "Metamorphoses of Value.The Concept of a Commodity in Marx’s Capital," Working Papers 1609, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2016.

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