DEFINITION OF MONEY FUNCTIONS ACCORDING TO MARX’S “CAPITAL”

Vystavkin Alexander Leonidovich, Candidate of Engineering

Abstract

The article examines the argument of Marx about each of the five money functions (defined by him) based on the analysis of the text of “Capital” and “Contribution to the Critique of Political Economy”. When considering Marx’s concepts, mathematical apparatus of network planning is used. That helps to clarify the concept of “value”, “measure of value” et al., as well as to identify new understanding of the functions of money, according to Marx, including those that he has not expressed explicitly.

KEYWORDS: money, functions of money, “Capital”, scientific Marxism, network schedule.

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