In this volume, Marxâs Theory of the Genesis of Money. How, Why, and Through What is a Commodity Money?, the first of the authorâs works to be translated into English, SamezÅ Kuruma examines the different angles from which Marx analyses the commodity and money in the first two chapters of Capital, Volume I. Kuruma carefully explains each of the theoretical questions raised by Marx, particularly the theory of the value-form, which unravels the mystery surrounding money. The theoretical knowledge Marx gains from his analysis of the commodity is the linchpin of Capital, but he recognises that this presents the reader with the âgreatest difficultyâ â just as âbeginnings are always difficult in all sciencesâ. Kuruma helps to ease this difficulty by making the reader clearly aware of how and why Marx poses his theoretical questions.
This work includes an English translation of the full text of Kurumaâs book, Kachikeitai-ron to kÅkankate-ron (Theory of the Value Form and Theory of the Exchange Process) (Iwanami Shoten, 1957) and a slightly abridged version of Part I of Kahei-ron (Theory of Money) (Otsuki Shoten, 1979). It is a substantially revised edition of the English translation under the same title, Marx's Theory of the Genesis of Money, that was self-published by the translator (Outskirts Press, 2008).
SamezÅ Kuruma, Ph.D., was a professor emeritus at Hosei University, Tokyo. He edited the multi-volume Marx-Lexikon zur Politischen Ãkonomie (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 SamezÅ Kurumaâs âA Critique of Political Economyâ (2007, Research in Political Economy) and Åsugi Sakaeâs 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 KÅzÅ Uno)
âUnoâs First Argument
âUnoâs Second Argument
âUnoâs Third Argument
Marxâs Theory of the Genesis of Money (An Interview Conducted by Teinosuke Åtani)
1 The Questions âHow, Why and through Whatâ (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 âWhy Questionâ (The Particularity of Commodity Production and the Essence of Value)
5 In What Sense is the Simple Value Form âAccidentalâ?
6 The âDetourâ of Value Expression
7 The Meaning of the âFormal Content of the Relative Expression of Valueâ (Hegelâs Theory of Judgment and Marxâs Theory of the Value Form)
8 How the Development of the Value Form Unfolds (Neither a Historical Development Nor the âSelf-Development of a Conceptâ)
9 The Meaning of Abstracting from the Individual Want of the Commodity Owner (Nobuteru Takedaâs Criticism of Kuruma)
10 What is the âDialecticâ in the Case of the Value Form?
Bibliography Index
All interested in Marxian political economy and interpretations of Capital volume 1, and anyone with a particular interest in criticism aimed at the âUno Schoolâ in Japan.