The Logic of Marx’s “Capital”: Replies to Hegelian Criticisms

This book attempts to articulate the role of Hegelian dialectical logic in Marx’s Capital and to defend Marx against certain Hegelian critics, most notably Klaus Hartmann, who has systematically criticized Marx’s theory of capitalism, and Richard Winfield. According to Smith, the role of dialectical logic in Marx’s Capital has been underappreciated and little explored, which deals throughout with Marx’s use of Hegel’s dialectical logic in the critique of political economy). Moreover, Smith is concerned with establishing why Marx “needed” to employ dialectical logic and the full extent of the Hegelian legacy here. We are told, initially, that dialectical logic was important for Marx in order to establish his categories of reflection, to develop his theory of fetishism, to present strong claims of necessity, and to ground revolutionary politics. These issues are addressed at various places in the book.