Marx always treated economics as political economy and human interaction

Evidence

Today, however, the mediation the market had provided was disappearing. Domination was becoming more blatant in the “command economy” of the authoritarian state-capitalist systems. In so reasoning, it should be noted, Pollock was still in the Marxist tradition, in the sense that Marx had always understood economics as “political economy.” Inherent in all of Marx’s economic writings, even Capital, was the underlying assumption that economic relations were basically human interactions, which in capitalism were variations on what Hegel had called the “master-slave” relationship. — Martin Jay, The Dialectical Imagination, 490

Categorization

  • DEFINE: Defines ‘political economy’ as Marx used it and anchors the master-slave reading of Capital.
  • XREF: connects to: For Marx, human labor’s relation to nature is always socially organized and mediated. — Hall, Stuart, Essential Essays, Volume 1, 881; Marx titled all his economic writings a critique of political economy; Marx broke with political economy by abstracting structures apart from individuals (+4 more)

Broader Connections