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"The Puzzle of Marx's Missing "Results

A Tale of Two Theories

Bibliographic Data

ID4297537
AuthorsGilbert L Skillman (0000-0001-5934-4834, corresponding author)
Year2013
Volume45
Issue3
Pages475-504
Publication date2013-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueHistory of Political Economy (JOURNAL)
Journal identifiersISSN: 0018-2702 • E-ISSN: 1527-1919
PublisherDuke University Press (PUBLISHER • US)
DOI10.1215/00182702-2334767
OpenAlexW2170586712
LanguageEN
Citations received6
References cited21

A long-standing puzzle in the history of Marxian economic thought concerns Marx's decision to omit the draft chapter titled "Results of the Immediate Process of Production" from the published version of volume 1 of Capital. A number of authors have explored this puzzle without satisfactorily resolving it. This article addresses the question by linking Marx's omission to a larger set of revisions made to arguments he developed in earlier drafts of Capital. It identifies two distinct theoretical accounts of the phenomenon of surplus value in these drafts, based respectively on Marx's historical analysis of developments in capitalist social relations and his treatment of the connection between commodity prices and values, and argues that Marx may have been driven to diminish and obscure his historical account in light of increasingly evident inconsistencies with his value-theoretic account. The argument concludes with a discussion of possible consequences of Marx's decision for his theoretical legacy in the development of economic thought

Argument (complex analysis · Capital (architecture · Capitalism · Commodity · Economics · Epistemology · Market economy · Microeconomics · Neoclassical economics · Phenomenon · Political science · Politics · Positive economics · Prices of production · Production (economics · Surplus value · Value (mathematics · Economic Theory and Institutions · Economic Theory and Policy · History · Law · Philosophy · Political Economy and Marxism

  • Labour and Value

    Open Access•Ernesto Screpanti•Labour and Value•2019

  • Marx, Sraffa, and Surplus

    Gilbert L Skillman•Review of Political Economy•2019

  • Marx’s Theory of Labor Subsumption

    Gilbert L Skillman•Review of Political Economy•2021

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    Open Access•Gilbert L Skillman, Gilbert Skillman•Journal of Theoretical Politics•2014

  • Phule's ecology

    Open Access•Tony Crowley•Environment and Planning E Nature…•2026

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    Open Access•Luis Arboledas-Lérida•Capital & Class•2025

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    Christos Pitelis, Roger Sugden•Nature of the Transnational Firm•2005

  • Roemer's “General” Theory of Exploitation Is a Special Case

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    Open Access•Gérard Duménil, Dominique Lévy•Value and the World Economy Today•2003

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  • Chapter Four. Is ‘analytical marxism’ marxism?

    Michael A Lebowitz•Following Marx•2009

  • Ne Hic Saltaveris

    Open Access•Gilbert L Skillman•Economics and Philosophy•1995

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    Open Access•Karl Marx•Marx Today•2010

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    John E Roemer•General Theory of Exploitation…•1982

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    Open Access•Enrique Dussel•Rethinking Marxism•2001

  • Marxian Value Theory and the Labor-Labor Power Distinction

    Open Access•Gilbert L Skillman•Science & Society•1996

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    Gilbert L Skillman•Science & Society•2007

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    Ronald H Coase•Economica•1937

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  • The Making of Marx's Capital Volume 2

    Roman Rosdolsky, Pete Burgess•The Making of Marx's Capital…•2015

Unique citing works6
Citations per year0,5
Citation span2014 - 2026 (13)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 6

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