Marx’s Theory of the Genesis of Money

Samezō Kuruma, Ph.D., was a professor emeritus at Hosei University, Tokyo. He edited the multi-volume Marx-Lexikon zur Politischen Ökonomie (Otsuki Shoten). Other published works include Keizaigaku shi (History of Political Economy) and Kyoko kenkyu (Investigation of Crisis). Michael Schauerte, MA (2001), Hitotsubashi University. Translated works include Samezō Kuruma’s “A Critique of Political Economy” (2007, Research in Political Economy) and Ōsugi Sakae’s My Escapes from Japan (2014, Doyosha). He writes regularly for the monthly Socialist Standard.

Acknowledgements
Notes on the Text

Introduction to This Edition

Theory of the Value Form and Theory of the Exchange Process

Preface

1 Theory of the Value Form and Theory of the Exchange Process

2 Why is the Want of the Commodity Owner Abstracted from in the Theory of the Value Form? (A Response to the View of Kōzō Uno)
 Uno’s First Argument
 Uno’s Second Argument
 Uno’s Third Argument

Marx’s Theory of the Genesis of Money (An Interview Conducted by Teinosuke Ōtani)

1 The Questions ‘How, Why and through What’ (The Genesis of Money)

2 Riddle of the Money Form and the Riddle of Money

3 Difference between the First and Second Edition of Capital

4 The Significance of the ‘Why Question’ (The Particularity of Commodity Production and the Essence of Value)

5 In What Sense is the Simple Value Form ‘Accidental’?

6 The ‘Detour’ of Value Expression

7 The Meaning of the ‘Formal Content of the Relative Expression of Value’ (Hegel’s Theory of Judgment and Marx’s Theory of the Value Form)

8 How the Development of the Value Form Unfolds (Neither a Historical Development Nor the ‘Self-Development of a Concept’)

9 The Meaning of Abstracting from the Individual Want of the Commodity Owner (Nobuteru Takeda’s Criticism of Kuruma)

10 What is the ‘Dialectic’ in the Case of the Value Form?

Bibliography
Index