Marx's attack on Proudhon's Système des Contradictions Économiques ou Philosophie de la Misere was first published in French in 1847. There is a good deal of rather turgid logomachy about "value" but also several interesting details illustrative of the genesis of the Marxian System. Of these, what may perhaps seem one of the more curious is Marx's stern correction of Proudhon for having in his treatment of value "simply forgotten about demand" (p. 40). Two later letters dealing with Proudhon, and a speech by Marx "On the Question of Free Trade" (1848) are also included. But the most interesting item in the volume is Engels' Preface of 1884 to the First German Edition, which includes a very lucid and forthright defense of the functions of
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