Tony Smith

In a world where exploitation and uneven development condemn billions to suffering, the proper understanding of the intellectual relationship between Hegel and Marx appears a small matter indeed. Marx‟s Capital, however, remains the single most important text for comprehending the system that generates this suffering. The question of the proper reading of this work thus remains important. Sooner or later this brings us to the Hegel/Marx question. In a recent article in Science and Society John Rosenthal forcefully argues that there is one and only one place where Hegelian themes play a role in Capital (Rosenthal 1999). In Rosenthal‟s view, Marx‟s description of the relationship between money and ordinary commodities deliberately echoes the relationship between universals and finite things in Hegel‟s system of idealism. The fact that Marx found this aspect of Hegel‟s thought useful is not at all to Hegel‟s credit. According to Rosenthal, Hegel‟s thought perversely grants abstractions priority over flesh and blood human subjects in a way that exactly parallels the way money, a “real abstraction,” perversely dominates social agents in capitalism. Apart from this, Rosenthal insists, Marx abandons his earlier experiments with Hegelian motifs in Capital. In specific, nothing like Hegelian dialectics can be found, a “methodology” based on bad puns and spurious reasoning. In order to justify this thesis Rosenthal attacks on two main fronts. First, he hopes to convince the reader that Hegel‟s use of the key terms “universality,” 1 “particularity,” and “individuality” is irredeemably flawed. Rosenthal complains that Hegel‟s term “universality” is systematically ambiguous, sometimes referring to the relatively more inclusive, on other occasions to the all-inclusive. The sense of the term “particularity” shifts in Hegel‟s writings between what is relatively unique (“bare” particularity) and what is relatively more determinate (“specificity”)..

In a world where exploitation and uneven development condemn billions to suffering, the proper understanding of the intellectual relationship between Hegel and Marx appears a small matter indeed. Marx‟s Capital, however, remains the single most important text for comprehending the system that generates this suffering. The question of the proper reading of this work thus remains important. Sooner or later this brings us to the Hegel/Marx question. In a recent article in Science and Society John Rosenthal forcefully argues that there is one and only one place where Hegelian themes play a role in Capital (Rosenthal 1999). In Rosenthal‟s view, Marx‟s description of the relationship between money and ordinary commodities deliberately echoes the relationship between universals and finite things in Hegel‟s system of idealism. The fact that Marx found this aspect of Hegel‟s thought useful is not at all to Hegel‟s credit. According to Rosenthal, Hegel‟s thought perversely grants abstractions priority over flesh and blood human subjects in a way that exactly parallels the way money, a “real abstraction,” perversely dominates social agents in capitalism. Apart from this, Rosenthal insists, Marx abandons his earlier experiments with Hegelian motifs in Capital. In specific, nothing like Hegelian dialectics can be found, a “methodology” based on bad puns and spurious reasoning. In order to justify this thesis Rosenthal attacks on two main fronts. First, he hopes to convince the reader that Hegel‟s use of the key terms “universality,” 1 “particularity,” and “individuality” is irredeemably flawed. Rosenthal complains that Hegel‟s term “universality” is systematically ambiguous, sometimes referring to the relatively more inclusive, on other occasions to the all-inclusive. The sense of the term “particularity” shifts in Hegel‟s writings between what is relatively unique (“bare” particularity) and what is relatively more determinate (“specificity”). And the notion of “individuality” jumps between the absolutely unique (bare particularity again) and the fully determinate system (“totality”)..

This book is quite simply the best study of the "young Marx" (pre-1848) and his immediate predecessors I have ever read. For supporters of the ancient régime in the first half of the nineteenth century, the failure of the French Revolution meant that everything could now go back to “normal.” But for the thinkers Kouvelakis examines — Kant, Hegel, Heine, Hess, Engels, and Marx — the Revolution’s promise of emancipation was merely deferred, not defeated. What exactly did that mean? Answers differed greatly.

No one would dispute that it is impossible to understand the intellectual and political history of the nineteenth and twentieth centuries without taking Karl Marx (1818-83) into account. Most believe, however, that Marx‘s legacy was buried once and for all in the rubble of the Berlin Wall. This consensus is mistaken. It would be foolish to assert that Marx anticipated the correct answer to every significant question facing us today. But it would be no less foolish to deny that Marx‘s work presents a powerful challenge to contemporary political philosophy.

Before getting to the matters at hand I would like to repeat once again how much I agree in general with Rosenthal‟s account of the bizarre ontology of money, the ultimate form of value.1 My own view remains that this agreement is far more important, theoretically and politically, than any disagreements we may have over the interpretation of Hegel.2 I would also like to note that if I were to respond to each of Rosenthal‟s complaints in adequate detail, the present piece would be longer than his response, which was quite long itself in comparison to my original review essay. Far better to stick to what I take to be the central issues, beginning with Hegel‟s attitude towards the material world.

The three volumes of Capital form an immensely complex work, including a variety of quite different sorts of texts. Marx’s systematic ordering of the essential determinations of capital, beginning in Volume I with relatively simple and abstract social forms and then proceeding step by step to ever more complex and concrete determinations provides a unifying thread. Many fundamental structures of the capitalist mode of production remained to be considered at the point where Marx left off in Volume III. At one point, at least, Marx planned to conclude his project with volumes on the state, foreign trade, and the world market and crisis (Marx 1973, 227, 264). This paper is devoted to two questions. Why exactly did Marx place the category of the world market at the very culmination of his systematic ordering? And what are the essential features of the social form referred to by this category? Before addressing these issues some further methodological remarks are in order.

In his recent work The Myth of Dialectics John Rosenthal presents a forceful polemic against Hegel and Marxists sympathetic to the Hegelian legacy. The methodology Hegel employed, his metaphysical assertions, his rejection of the principles of formal logic, and the political implications of his standpoint, are all fundamentally incompatible with Marx’s perspective, according to Rosenthal. While Rosenthal grants that Marx did make use of Hegelian motifs in his theory of value, even this is not to Hegel’s credit: the very perversity of Hegel’s thought made it useful for the comprehension of the perversity of capital. In this paper I argue that a close and reasonably charitable reading of Hegel’s Logic reveals a quite different picture of his methodology and ontological commitments from that presented by Rosenthal. While there are profound substantive differences between the Hegelian and Marxian 1 perspectives on capitalist society, it is not the case that Hegel’s Logic is homologous with capital. The Logic provides helpful conceptual resources for a critique of capital. In the final section of the paper five areas are briefly sketched in which Hegelian dialectical logic remains of contemporary interest.

Chris Arthur‟s body of work counts as a very important and original contribution to systematic dialectics, and I have profited immensely from his writings over the years. However we disagree on a number of points. Some have to do with the relatively secondary question of the intellectual relationship between Hegel and Marx; others involve more substantive matters. In his reply to my review of Joseph McCarney‟s Hegel on History Arthur distinguishes three different versions of the thesis that there is a “homology” between the logic of capital (in a Marxian understanding of it) and Hegel‟s “idea.” I shall comment briefly on each and then conclude with a general remark.