Download Collected Works, Vol. 28: Marx: 1857-1861 by Frederick Engels Karl Marx PDF

By Frederick Engels Karl Marx

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Extra resources for Collected Works, Vol. 28: Marx: 1857-1861

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Ed. b C. W. F. - Ed. • Part 1 , §§ 4(), 50 and 40 In troduction Introduction money at all, for instance Peru. In Slavonic communities too, money-and exchange, which conditions it occurs little, or not at all, within the individual community, but is used on the borders, in the intercourse with other communities; and it is altogether wron � t? posit exchange within the community as the original constItutIng element. On the contrary, in the beginning exchange tends to arise in the intercourse of different communities with one another, rather than among members of the same community.

The movement the two movements founders on this total result of the over five montill. als other A more precise comparison of the figures rev discrepancies . 25 � � � - - . � '. � : 't. � / . • . 'i; t� \ ·31. -� ¢ 3 . .. , • . '-". e. the increase in exceeded by r�serves. a million francs (458,6 1 9 frs) the decline in the bullior1 g egree, An analogous dilcrepancy, but to a much more surprisi p SECURITIES . racles This should reai " 108 million". There are also other numerical';�acc � ey 0 not in the section on Da"imon and in the 1 857-58 manuscript generally.

We have dwelt upon this faita to demonstrate from one example the value of the statistical and positive illustrations of the Proudhonists. Instead of the economic facts providing the test of their theories, they prove that they do not master the facts, in order to be able to play with them. Indeed their way of playing with the facts demonstrates the origins of their theoretical abstraction. Let us follow Darimon further. When the Bank of France saw its reserves diminished by 144 million and its portfolio increased by 1 0 1 million, it took measures on 4 and 1 8 October 1 855 to protect its vaults against its portfolio.

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