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KARL MARX

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SIX<br />

The 'Economics'<br />

You can believe me that seldom has a book been written under more<br />

difficult circumstances, and I could write a secret history that would<br />

uncover an infinite amount of worry, trouble and anxiety.<br />

Jenny Marx to Kugelmann, Andreas, Briefe, p. 193<br />

I. THE 'GRUNDRISSE' AND 'CRITIQUE OF POLITICAL<br />

ECONOMY'<br />

In 1857 the economic crisis that Marx had so often predicted did in fact<br />

occur and moved him to a frantic attempt to bring his economic studies<br />

to some sort of conclusion. The first mention of this in his correspondence<br />

is in a letter to Engels of December 1857 where he says: 'I am working<br />

madly through the nights on a synthesis of my economic studies so that,<br />

before the deluge, I shall at least have the outlines clear.' 1 A month later<br />

he was driven to taking a long course of medicine and admitted that 'I<br />

had overdone my night-time labours, which were accompanied on the<br />

one side only by a glass of lemonade but on the other by an immense<br />

amount of tobacco.' 2<br />

He was also composing an extremely detailed day-to-day diary on<br />

events during the crisis. In fact the 'synthesis' that Marx speaks of had<br />

already been begun in August 1857 with the composition of a General<br />

Introduction. This Introduction, some thirty pages in length, tentative in<br />

tone and incomplete, discussed the problem of method in the study of<br />

economics and attempted to justify the unhistorical order of the sections<br />

in the work that was to follow. The Introduction was left unpublished<br />

because, as Marx said two years later, 'on closer reflection any anticipation<br />

of results still to be proved appears to me to be disturbing, and the reader<br />

who on the whole desires to follow me must be resolved to ascend from<br />

the particular to the general. 3<br />

In the first of its three sections - entitled 'Production in General' -<br />

Marx defined the subject of his inquiry as 'the socially-determined production<br />

of individuals'. 4 He rejected the starting point of Smith, Ricardo

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