M・ K

‘But whatever the sociological value of [Das Kapital] I am sure that its contemporary
economic value (apart from occasional but inconstructive [sic] and discontinuous flashes
of insight) is nil’ (1934, JMK to George Bernard Shaw, 2 December, quoted in Robert
Skidelsky, John Maynard Keynes, vol. 2 (1992), p. 520).

‘To understand my state of mind … you have to know that I believe myself to be writing
a book on economic theory, which will largely revolutionise … the way the world thinks
about economic problems. When my new theory has been duly assimilated and mixed with
politics and feelings and passions, I can’t predict what the upshot will be in its effects on
actions and affairs. But there will be a great change, and, in particular, the Ricardian
foundations of Marxism will be knocked away’ (1935, JMK to George