Economics and Mythology

By demystifying Capitalism, Marx, perhaps unwittingly, mythologizes Economics. For, in order to expose the exploitation shrouded by Theology and Metaphysics, superimposes on that fact a theory of Dialectical Materialism that, regardless of the thesis that it is 'immanent' in the base, is still a contingent superstructure on it. Now, though presented as a theory of History, Dialectic Materialism is, more precisely, a theory of Economic History. So, insofar as he conceives the theory as monarchical among the sciences, Marx essentially deifies both it, and, specifically, Economic activity, even if it is an immanent deity. Perhaps ironically, the demystification of, in turn, Economics is implicit in Engels' later attempt at a Dialectical Materialist, i. e. non-Newtonian, theory of Natural Science, which expands the scope of Dialectical Materialism beyond the merely human, thereby opening the possibility that Economics, too, is a merely human activity, as Smith proposes, also perhaps ironically.