Vulgar Economy
Vulgar Economy Or a Critical Analyst of Marx Analyzed By DANIEL DE LEON Published Online by Socialist Labor Party of America www.slp.org August 2002 Vulgar Economy Or a Critical Analyst of Marx Analyzed By DANIEL DE LEON “Once for all I may here state, that by classical political economy, I understand that economy, which, since the time of W. Petty, has investigated the real relations of production in bourgeois society, in contradistinction to vulgar economy, which deals with appearances only, ruminates without ceasing on the materials long since provided by scientific economy, and there seeks plausible explanations of the most obtrusive phenomena, for bourgeois daily use, but for the rest, confines itself to systematizing in a pedantic way, and proclaiming for everlasting truths, the trite ideas held by the self-complacent bourgeoisie with regard to their own world, to them the best of all possible worlds.” —Marx.1 PUBLISHING HISTORY PRINTED EDITION ...................................... October 1914 ONLINE EDITION ......................................... August 2002 NEW YORK LABOR NEWS P.O. BOX 218 MOUNTAIN VIEW, CA 94042-0218 http://www.slp.org/nyln.htm 1 Capital, p. 53. PREFACE. In sending out in book form this work by Daniel De Leon, which is the first published since his death, a few remarks on the author and the subject treated might not be amiss. The pamphlet is made up of a series of articles which appeared in the Daily People from April 8 to June 29, 1912, and should have been concluded by an “Epilogue.” For some reason De Leon did not finish this chapter, and the notes left are not complete, and what there is, is hardly legible.1 Daniel De Leon was born on December 14, 1852, on the island of Curaçao, off the coast of Venezuela.
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