ABSTRACT

From the perspective of both Marx’s own grasp of his Capital as the founding work of a new science, and that of CR’s conception of science as determined by the ontological structure of the object, the reconstructing of Capital as a rigorous dialectic in the theory of a purely capitalist society is examined. The theory of a purely capitalist society is divided into three doctrines: the doctrine of circulation, the doctrine of production and the doctrine of distribution. What is shown is that the doctrines of circulation and production constitute microeconomics of value theory and the equilibrium dimension of capital while the doctrine of distribution constitutes macroeconomics of crises theory and the ultimate cunning of capital. Together, the three doctrines of the theory of a purely capitalist society unfold all the categories of capital in its totality as a self-contained thought experiment. Capital reconstructed and refined as such constitutes the definitive economic theory of an economic society par excellence wherein human material life is wielded as a byproduct of value augmentation.