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Outlines of a Critique of Political Econom … Outlines of a Critique of Political Economy is an article by Friedrich Engels, first published in German in 1843 for the Deutsch-Französische Jahrbücher. The article has significance in relation to Marx critique of political economy, Engels like Marx, goes on to compare economists with theologians by referring to Adam Smith as the economic Luther.ring to Adam Smith as the economic Luther.
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Friedrich Engels
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Deutsch-Französische Jahrbücher, 1843
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The economist[s] who lives by antitheses h … The economist[s] who lives by antitheses has also of course a double value – abstract or real value and exchange-value. There was a protracted quarrel over the nature of real value between the English, who defined the costs of production as the expression of real value, and the Frenchman Say, who claimed to measure this value by the utility of an object. The quarrel hung in doubt from the beginning of the century, then became dormant without a decision having been reached. The economists cannot decide anything.ed. The economists cannot decide anything.
, The difference between interest and profit disappears; capital is nothing without labour, without movement.
, To make land an object of huckstering – the land which is our one and all, the first condition of our existence – was the last step towards making oneself an object of huckstering.
, “Have we not overthrown the barbarism of t … “Have we not overthrown the barbarism of the monopolies?” exclaim the hypocrites. “Have we not carried civilisation to distant parts of the world? Have we not brought about the fraternisation of the peoples, and reduced the number of wars?” Yes, all this you have done – but how! You have destroyed the small monopolies so that the one great basic monopoly, property, may function the more freely and unrestrictedly. You have civilised the ends of the earth to win new terrain for the deployment of your vile avarice. You have brought about the fraternisation of the peoples – but the fraternity is the fraternity of thieves. You have reduced the number of wars – to earn all the bigger profits in peace, to intensify to the utmost the enmity between individuals, the ignominious war of competition! When have you done anything out of pure humanity, from consciousness of the futility of the opposition between the general and the individual interest? When have you been moral without being interested, without harbouring at the back of your mind immoral, egoistical motives? of your mind immoral, egoistical motives?
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Outlines of a Critique of Political Econom … Outlines of a Critique of Political Economy is an article by Friedrich Engels, first published in German in 1843 for the Deutsch-Französische Jahrbücher. The article has significance in relation to Marx critique of political economy, Engels like Marx, goes on to compare economists with theologians by referring to Adam Smith as the economic Luther.ring to Adam Smith as the economic Luther.
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Outlines of a Critique of Political Economy
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