On Kimitoshi Mukai's Monetary Value Theory from the view point of Wataru Hiromatsu's Reification Theory(<SPECIAL ISSUE>Hiromatsu's Theory of Reification and Political Economy)

Abstract

In this paper, I criticize Kimitoshi Mukai's Monetary value theory from the viewpoint of Wataru Hiromatsu s Reification theory. The fundamental difference between Mukai and me results from the difference in the ontological understanding of value, more specifically, that of commodity and from the difference of the ontological understanding of Marx s dialectic which originates from it. I think that though Marx s dialectic clearly differs from deduction, Mukai s logic is still deduction. Simply speaking, the difference between Mukai and me results from the ontological understanding of the fetish character of commodity. From the viewpoint of Hiromatsu s Reification theory, Mukai s Monetary theory is a product of fetishism on money. For example, the direct exchangeability which Mukai advocates is a reflective regulation on the situation in which the goods which everyone needs really exist in a certain trade area. It is not that the natural property of direct exchangeability independently exist.