This article assesses the value of Marx's Capital for medieval
historians and literary historicists. The author objects to a widespread
interpretation of the Marxian concept of feudal exploitation on the
grounds that it introduces an anachronistic notion of ownership. He
argues that an approach to historicism closer to that pursued by Marx in
Capital would permit more productive scholarly work on medieval history
and social justice. He also argues that Capital raises questions about
the value of conventional historicism similar to those that are
presently of concern to many medievalists.

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