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Gareth's avatar

Marx is unclear about a lot of things, but I don’t see how he could be clearer about the distinction between simple commodity production ( C-M-C) and the cycle of capital (M-C-M’). The latter certainly presupposes the former, and the analysis of the value form and commodity fetishism applies to both, but there is a fundamental difference in that simple commodity production does not have an internal structure of exploitation and class struggle.

Clearly, you can have extraction of surplus value imposed from the outside on simple commodity producers, through tribute, taxes, interest and rent. But the simple commodity producers aren’t being exploited as such. (They may be exploiting their families.)

That is a bit distinct from whether Marx has objections to commodity production, as such, and also distinct from whether it is possible to do without it. Marx seemed to think that already in C-M-C, humans come to be ruled by a fetish of their own creation.

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