Mill and Marx

[rrotheim@xxxxxxxxxxxx (roy rotheim)]

I lost a number of pen-l messages and so what follows may be out of
context.  If so, sorry.  With regard to the Mill/Marx similarity, it's
clear that some of the impetus to Marx's ideas on the separation of
purchase and sale, the distinction between barter economies and those
in which money intercedes, and their relation to general
overproduction come from Mill's "Of the Influence of Consumption on
Production" in <Some Unsettled Questions...>.  Marx's reliance on
Mill's distinction between barter and money economies, however, seems
only to go so far.  For in his discussion of the nature of crisis,
Marx lumps Mill together with others "who...want to explain the crises
by these simple possibilities of crises contained n the metamorphosis
of commodities -- such as the separation between purchase and sale"
(TSV II, p.502 Progress Publishers edition 1968).

Roy J. Rotheim                  INTERNET: rrotheim@xxxxxxxxxxxxxxxxxx
Department of Economics         BITNET:   rotheim@xxxxxxxxxxxxxxxx
Skidmore College                PHONE:    (518) 584-5000 Ext.2350
Saratoga Springs                FAX:      (518) 584-3023
New York 12866

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