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A Contribution to the Critique of Political Economy

Note 163 — Introduction to the Critique of Political Economy.156

N. I. (Nahum Isaac) Stone translation

Marx evidently has in mind here a passage in Adam Smith’s Wealth of Nations (vol. 2, ch. 2) in which he speaks of the circulation of a country as consisting of two distinct parts: circulation between dealers and dealers, and that between dealers and consumers. The word dealer signifies here not only a merchant or shopkeeper, but also a producer. K. Kautsky.

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