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KARL MARX

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THE 'ECONOMICS' 3'174<br />

of what exists - with the exception perhaps of the relationship of different<br />

forms of the state to the different economic structures of society.' 160 But<br />

illness prevented any creative work for three months during the spring<br />

of 1863 and Marx concentrated on trying to give the historical part its<br />

final shape. He was, however, still confident that he could 'copy out' the<br />

remainder very quickly. 161 The possibility of competition from Lassalle<br />

spurred him on and by the summer he was regularly working ten hours<br />

a day and doing differential calculus in his spare time. In mid-August he<br />

reported to Engels that he was working on the manuscript for the printers<br />

which would be '100% easier to understand' than the Critique of Political<br />

Economy. He added that the ease with which Lassalle produced his works<br />

on economics made him laugh 'when I look at my colossal work and see<br />

how I have had to shift everything round and even construct the historical<br />

part from material that was in part totally unknown'. 162<br />

A certain number of the manuscripts from this period have either been<br />

lost or are inaccessible, so it is not possible to determine exactly how far<br />

Marx had got with with his '2nd part'. The main manuscript to have<br />

survived - from what Marx in 1837-58 conceived of as simply a third<br />

chapter - would amount to about 3000 printed pages and comprises the<br />

'historical stuff that Marx in the summer of 1863 seems to have decided<br />

to incorporate into volume one as 'the Germans only have faith in fat<br />

books'. 165 Some of this contained material later incorporated into the<br />

three volumes of Capital, but the major part was the historical section<br />

later published by Kautsky as the fourth volume of Capital under the title<br />

Theories of Surplus Value.<br />

The Theories of Surplus Value comprises three large printed volumes of<br />

which a large part is simply extracts from previous theorists. 164 Marx<br />

began with Stewart and the economists of the mercantile system who<br />

tried to explain the origin of surplus-value simply from circulation. He<br />

then went on to the physiocrats who concentrated - rightly in Marx's<br />

view - on the sphere of production, albeit mainly agricultural production.<br />

Most of the first volume was taken up with extracts from Adam Smith<br />

and an attempt to separate scientific from ideological elements in his<br />

theories, particularly focusing on his distinction between productive and<br />

unproductive labour. The second volume dealt mainly with Ricardo, who<br />

was blamed for reliance on certain faulty premisses taken over from Adam<br />

Smith. The discussion centred mainly round Ricardo's theories of profit<br />

and rent and particularly his confusion of surplus-value with profit. The<br />

third volume dealt with the Ricardian School and particularly the English<br />

socialists whom Marx called 'the proletarian opposition based on<br />

Ricardo'. 165 He also attacked Malthus as 'a shameless sycophant of the<br />

ruling classes' 166 for advocating extravagant expenditure by them as a

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