ABSTRACT

Karl Marx openly acknowledges his debt to Aristotle in several places in Capital and in other works, such as in A Contribution to the Critique of Political Economy. Marx recognizes that Aristotle regarded there to be two forms of chrematistike: One is part of oikonomia when money must be acquired for use in future exchanges to obtain goods for the household or city-state, and the second is trading in goods solely to make a money profit. Marx opens both A Contribution to the Critique of Political Economy and Capital by contrasting use-value and exchange-value, which he says form an "antithesis." Moreover, Marx credits Aristotle with the concepts of use-value and exchange value, and he himself makes use of Aristotle's metaphysics of form and matter in his own, different theory of value.