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Collected Works of V. I. Lenin - Vol. 3 - From Marx to Mao

Collected Works of V. I. Lenin - Vol. 3 - From Marx to Mao

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62<br />

V. I. LENIN<br />

<strong>of</strong> this subject a single step. How confused were his conceptions<br />

<strong>of</strong> “income” is shown by his lengthy speculations in his<br />

Fourth Social Letter <strong>to</strong> von Kirchmann (Das Kapital, Berlin,<br />

1884) about whether money should be included in the national<br />

income, and whether wages are taken from capital or from<br />

income—speculations <strong>of</strong> which Engels said that they “belong<br />

<strong>to</strong> the domain <strong>of</strong> scholasticism” (Vorwort <strong>to</strong> <strong>Vol</strong>. II, Capital,<br />

S. XXI).* 36<br />

Utter confusion on the problem <strong>of</strong> the national income<br />

reigns supreme among economists <strong>to</strong> this day. For example,<br />

in his article on “Crises” in Handwörterbuch der Staatswissenschaften<br />

(the afore-mentioned compilation, p. 81),<br />

Herkner, speaking <strong>of</strong> the realisation <strong>of</strong> the product in capitalist<br />

society (§5, “distribution”), expresses the opinion that<br />

the speculations <strong>of</strong> K. H. Rau are “sound,” although he<br />

merely repeats Adam Smith’s mistake by dividing the whole<br />

product <strong>of</strong> society in<strong>to</strong> incomes. R. Meyer, in his article on<br />

“income” (ibid., p. 283 and foll.), quotes the confused<br />

definitions <strong>of</strong> A. Wagner (who also repeats Adam Smith’s<br />

error) and frankly admits that “it is difficult <strong>to</strong> distinguish<br />

income from capital,” and that “the most difficult thing is<br />

<strong>to</strong> distinguish between returns (Ertrag) and income (Einkommen).”<br />

We thus see that the economists who have discoursed at<br />

length on the inadequate attention paid by the classical<br />

economists (and <strong>Marx</strong>) <strong>to</strong> “distribution” and “consumption”<br />

have not been able <strong>to</strong> give the slightest explanation <strong>of</strong> the<br />

most fundamental problems <strong>of</strong> “distribution” and “consumption.”<br />

That is understandable, for one cannot even discuss<br />

“consumption” unless one understands the process <strong>of</strong> the<br />

reproduction <strong>of</strong> the <strong>to</strong>tal social capital and <strong>of</strong> the replacement<br />

<strong>of</strong> the various component parts <strong>of</strong> the social product.<br />

This example once again proved how absurd it is <strong>to</strong> single<br />

out “distribution” and “consumption” as though they were<br />

independent branches <strong>of</strong> science corresponding <strong>to</strong> certain<br />

independent processes and phenomena <strong>of</strong> economic life.<br />

It is not with “production” that political economy deals,<br />

* That is why K. Diehl is absolutely wrong when he says that<br />

Rodbertus presented “a new theory <strong>of</strong> the distribution <strong>of</strong> income.”<br />

(Handwörterbuch der Staatswissenschaften, Art. “Rodbertus,” B. V.,<br />

S. 448.)

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