Abstract

Alan Wood's claim that ‘Marx did not consider capitalism unjust’ is based on three reasons: 1) According to Marx, the conceptions of justice is the highest expression of the rationality of social facts from the juridical point of view; 2) Marx argues that whether an economic trade or social institution is a just one depends on its compatibility with modes of production; 3) according to Marx, possession of surplus value by the capitalists does not include unequal or unjust trades. Wood presents these three reasons in detail and provides specific referential support for them. This paper argues that Wood fails to provide sufficient referential support to his proposition and his interpretation of the relevant texts is mistaken, and hence that Wood’s claim is invalid.