Political Economy Quarterly
Online ISSN : 2189-7719
Print ISSN : 1882-5184
ISSN-L : 1882-5184
The Construction of Marxian Theory of Reproduction by Means of His Critique to the Smith's Dogma(<SPECIAL ISSUE>The Latest Researches on Section II of MEGA: "Capital and Preliminary Studies" -On the Occasion of Completion of Section II of MEGA)
Akira MIYAKAWA
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2014 Volume 51 Issue 2 Pages 31-41

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Abstract
The core of progress in the formative history of Das Kapital the second volume during Marx's last years was when he reached his ultimate critique about "Smith's Dogma", classical reproduction theory, by finishing the theory of circuits of capital, and developed an original new paradigm on the theory of reproduction. Until the second manuscript(1868-1870) he could not overcome the concept of capital-revenue transformation and resolve the value-theory of the classical school so his discussion was limited within the framework of the means of consumption sector-led dogma that has the stand point of a money-veil view, but by finishing 5-7 manuscripts of the circuits of capital in late 1870', he made the discovery of multilayered ties between capital(/revenue) and general commodity circulation, as well as a mutual relationship between money-capital and money. Furthermore, he found that capital itself circulates and by this(working as a lever) he could finally overthrow the classical theory of reproduction based on dogma and achieve the accomplishment of establishing his original theory, the theory of reproduction based on the circuits of capital. In the discussion of formative history for the second volume, the evaluation of Marx's step regarding the theory of reproduction, 2 conflicting opinions between the one way of "understanding of manuscripts in gradual consistency" and the other way of "grasping of a drastic theoretical development" are rekindled. It depends on how the process is seen but the fact is that Marx clearly denied his former way of understanding the classical concept of capital-revenue transformation and of resolving the theory of value Dogma. In this report, using clues from the publication of drafts of the MEGA second section 11^<th> volume, the 8^<th> manuscript was found to be the watershed in which it can clearly be seen how Marx overcame the dictates of classical Dogma and, as a result, it can be concluded "the grasping a final drastic development in the 8^<th> manuscript" is correct.
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© 2014 Japan Society of Political Economy
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