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eclectic "science" at the conclusion. This they applied equally, and with equal justification, to the whole Marxian theoretical system, to his historico-philosophic and his economic theories alike, although they failed to grasp the inner relation between these theories. Their lack of discrimination proved to be their undoing. If they had stuck to Marx's historico-philosophic views alone, they might perhaps have been able to hold their ground, as Marx's views on the subject are not contained in any treatise, are strewn over the whole mass of his writings in a more or less fragmentary condition, and it requires an intimate acquaintance with his theories to see the improbability of this claim. Not so with his economic theories. He went into elaborate discussions of all phases of the subject, and the dates of the different manuscripts, with a few unimportant exceptions, are well known. And these testify loudly to the whole world to the absurdity of these assertions. It appears that most of the third volume, and particularly those portions of it which are supposed to modify the first volume, were actually written down by Marx in its present form before the publication of the first volume! To speak in the face of that of a modification, by Marx, in the third volume of the doctrines laid down by him in the first is too palpable an incongruity to merit any particular attention. So, and even more so, would be the claim of an intentional abandondonment in the third volume of the theory of value of the first volume in favor of some other theory. We could then well afford to let the matter rest where it is. It is not so, however, with the question of a contradiction between the two volumes. If there really is such a contradiction, and if the doctrine of the third volume is a virtual abandonment of the labor theory of value, it makes, of course, very little difference when the different portions of Marx's book were written, or what he thought of one portion when writing the other, except, of course, as an interesting study of a great aberration of an extraordinary mind.

Professor Werner Sombart, the noted German economist,