Household Labour, the Value of Labour Power and Capitalism
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Unfree Labor, Capitalism and Contemporary Forms of Slavery
Unfree Labor, Capitalism and Contemporary Forms of Slavery Siobhán McGrath Graduate Faculty of Political and Social Science, New School University Economic Development & Global Governance and Independent Study: William Milberg Spring 2005 1. Introduction It is widely accepted that capitalism is characterized by “free” wage labor. But what is “free wage labor”? According to Marx a “free” laborer is “free in the double sense, that as a free man he can dispose of his labour power as his own commodity, and that on the other hand he has no other commodity for sale” – thus obliging the laborer to sell this labor power to an employer, who possesses the means of production. Yet, instances of “unfree labor” – where the worker cannot even “dispose of his labor power as his own commodity1” – abound under capitalism. The question posed by this paper is why. What factors can account for the existence of unfree labor? What role does it play in an economy? Why does it exist in certain forms? In terms of the broadest answers to the question of why unfree labor exists under capitalism, there appear to be various potential hypotheses. ¾ Unfree labor may be theorized as a “pre-capitalist” form of labor that has lingered on, a “vestige” of a formerly dominant mode of production. Similarly, it may be viewed as a “non-capitalist” form of labor that can come into existence under capitalism, but can never become the central form of labor. ¾ An alternate explanation of the relationship between unfree labor and capitalism is that it is part of a process of primary accumulation. -
Harvey's Limits of Capital: Twenty Years After
On the Limits of Limits to Capital Bob Jessop Professor, Department of Sociology Lancaster University Copyright This online paper may be cited or briefly quoted in line with the usual academic conventions. You may also download it for your own personal use. This paper must not be published elsewhere (e.g. mailing lists, bulletin boards etc.) without the author's explicit permission. But please note that • if you copy this paper you must include this copyright note • this paper must not be used for commercial purposes or gain in any way, • you should observe the conventions of academic citation in a version of the following form: Bob Jessop, ‘On the Limits of Limits of Capital’, published by the Department of Sociology, Lancaster University at: http://www.comp.lancs.ac.uk/sociology/soc129rj.htm Harvey's magisterial text is a sustained attempt to develop the basic method, extend the substantive arguments, and overcome some of the theoretical limits of Marx's classic critique of political economy. Yet Limits to Capital has its own limits and these are often rooted in the limits of Capital itself. Let us recall that the latter is an unfinished text. In the 1857 outline of his future magnum opus, Marx stated his intention to write six 'books' (Marx 1973; cf. Harvey 1982: xiv). These would deal in turn with capital, landed property, wage-labour, the state, foreign trade, and the world market and crises. The chosen order of presentation corresponded to his method of analysis, which moved from abstract-simple objects to the reproduction of the totality as a concrete-in-thought. -
The Survival of Capitalism: Reproduction of the Relations Of
THE SURVIVAL OF CAPITALISM Henri Lefebvre THE SURVIVAL OF CAPITALISM Reproduction of the Relations of Production Translated by Frank Bryant St. Martin's Press, New York. Copyright © 1973 by Editions Anthropos Translation copyright © 1976 by Allison & Busby All rights reserved. For information, write: StMartin's Press. Inc.• 175 Fifth Avenue. New York. N.Y. 10010 Printed in Great Britain Library of Congress Catalog Card Number: 75-32932 First published in the United States of America in 1976 AFFILIATED PUBLISHERS: Macmillan Limited. London also at Bombay. Calcutta, Madras and Melbourne CONTENTS 1. The discovery 7 2. Reproduction of the relations of production 42 3. Is the working class revolutionary? 92 4. Ideologies of growth 102 5. Alternatives 120 Index 128 1 THE DISCOVERY I The reproduction of the relations of production, both as a con cept and as a reality, has not been "discovered": it has revealed itself. Neither the adventurer in knowledge nor the mere recorder of facts can sight this "continent" before actually exploring it. If it exists, it rose from the waves like a reef, together with the ocean itself and the spray. The metaphor "continent" stands for capitalism as a mode of production, a totality which has never been systematised or achieved, is never "over and done with", and is still being realised. It has taken a considerable period of work to say exactly what it is that is revealing itself. Before the question could be accurately formulated a whole constellation of concepts had to be elaborated through a series of approximations: "the everyday", "the urban", "the repetitive" and "the differential"; "strategies". -
The Critique of Real Abstraction: from the Critical Theory of Society to the Critique of Political Economy and Back Again
The Critique of Real Abstraction: from the Critical Theory of Society to the Critique of Political Economy and Back Again Chris O’Kane John Jay, CUNY [email protected] There has been a renewed engagement with the idea of real abstraction in recent years. Scholars associated with the New Reading of Marx, such as Moishe Postone, Chris Arthur, Michael Heinrich, Patrick Murray, Riccardo Bellofiore and others,1 have employed the idea in their important reconstructions of Marx’s critique of political economy. Alberto Toscano, Endnotes, Jason W. Moore and others have utilized and extended these theorizations to concieve of race, gender, and nature as real abstractions. Both the New Reading and these new theories of real abstraction have provided invaluable work; the former in systematizing Marx’s inconsistent and unfinished theory of value as a theory of the abstract social domination of capital accumulation and reproduction; the latter in supplementing such a theory. Yet their exclusive focus on real abstraction in relation to the critique of political economy means that the critical marxian theories of real abstraction -- developed by Alfred Sohn- Rethel, Theodor W. Adorno and Henri Lefebvre -- have been mostly bypassed by the latter and have largely served as the object of trenchant criticism for their insufficient grasp of Marx’s theory of value by the former. Consequently these new readings and new theories of real abstraction elide important aspects of Sohn-Rethel, Adorno and Lefebvre’s critiques of real abstraction; which sought to develop Marx’s critique of political economy into objective-subjective critical theories of the reproduction of capitalist society.2 However, two recent works by 1 Moishe Postone’s interpretation of real abstraction will be discussed below. -
On the Reproduction of Capitalism
LOUIS AL THUSSER was born in Algeria in 1918 and died in France in 1990. He taught philosophy for many years at the Ecole N ormale Superieure in Paris and was a leading intellectual in the French Communist Party. His books include For Marx; Reading Capital (with Etienne Balibar); On Ideolo,u; Politics and History: ,\1ontcsquieu, Rousseau, A1arx; 1\1acl1iavelli and Us; and The Specture efHegel. On the Reproduction of Capitalislll Ideology and Ideological State Apparatuses LOUIS ALTHUSSER PREFACE BY ETIENNE BALIBAR INTRODUCTION BY JACQUES BIDET TRANSLATED BY G. M. GOSHGARIAN VERSO London • New York This Engfoh-lJ11gu.1ge edition published by Verso 21114 TL1nsLition £: G. M. Goshgarian 2()14 First published as Sur la reprod1w1011 ,:G:. Presses Universitaires de France 1995 Preface£: Etienne l:lalibar 21114 Introduction£: Jacques Bidet 21114 'Ideology and Ideological State Apparatuses' first appeared in Louis Althusser. Lc11i11 <111d P!tilosoplt)' a11d Otltcr Essays. tram. Ben Brewster. London. New Lett Books. 1971. The translation has been modified. 'Ideology and Ideological State Apparatuses,' translation 1;; Ben Brewster 1971. 1994, 2U14 All rights reserved The moral rights of the authors have been asserted 135791118642 Verso UK: 6 Meard Street, London W1 F OEG US: 211Jay Street, Suite 111111, Brooklyn, NY 112111 W\V\V. versobooks.con1 Verso is the imprint of New Left Books ISBN-13: 978-1-78168-164-11 (PBK) ISl:lN-13: 978-1-78168-165-7 (HBK) e!SBN-13: 978-1-78168-215-9 (US) eISBN-13: 978-1-78168-524-2 (UK) British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library. -
Marx on Absolute and Relative Wages
Munich Personal RePEc Archive Marx on absolute and relative wages Levrero, Enrico Sergio Roma Tre University, Department of Economics September 2009 Online at https://mpra.ub.uni-muenchen.de/20976/ MPRA Paper No. 20976, posted 26 Feb 2010 06:51 UTC Marx on absolute and relative wages Enrico Sergio Levrero, Department of Economics, Roma Tre University∗ Introduction 1. The aim of this paper is to clarify some aspects of Marx’s analysis of the determinants of wages and of the peculiarity of labour as a commodity, concentrating upon three related issues. The first is that of Marx’s notion of the subsistence (or natural) wage rate: subsistence wage will be shown to stem, according to Marx, from socially determined conditions of reproduction of an efficient labouring class. The second issue refers to the distinction between the natural and the market wage rate that can be found in Marx, and his critique of Ricardo’s analysis of the determinants of the price of labour. Here the “law of population peculiar to capitalist mode of production” (that is, Marx’s industrial reserve army mechanism) will be considered, both with respect to cyclical fluctuations of wages and to their trend over time. Moreover, a classification of the social and institutional factors affecting the average wage rate will be advanced. Finally, Marx’s analysis of the effects of technical progress on both absolute and relative wages will be considered, also relating it back to the long-standing debate on the Marxian law of the falling rate of profit, and addressing some possible scenarios of the trend of wages and distribution. -
6 Marx's Grundrisse and the Ecological Contradictions of Capitalism
6 Marx’s Grundrisse and the ecological contradictions of capitalism John Bellamy Foster Introduction In The Eighteenth Brumaire of Louis Bonaparte Marx famously wrote: ‘Men make their own history, but they do not make it just as they please; they do not make it under circumstances chosen by themselves, but under circum- stances directly encountered, given and transmitted from the past’ (Marx 1979: 103). The material circumstances or conditions that he was referring to here were the product of both natural and social history. For Marx production was a realm of expanding needs and powers. But it was subject at all times to material limits imposed by nature. It was the tragedy of capital that its narrow logic propelled it in an unrelenting assault on both these natural limits and the new social needs that it brought into being. By constantly revolutionizing production capital transformed society, but only by continually alienating natural necessity (conditions of sustainability and reproduction) and human needs. Recent research has revealed that an ecological–materialist critique was embedded in all of Marx’s work from The Economic and Philosophical Manu- scripts of 1844 to his Ethnological Notebooks of the late 1870s to early 1880s (see Burkett 1999; Foster 2000; Dickens 2004). This can be seen in his material- ist conception of nature and history, his theory of alienation (which encom- passed the alienation of nature), his understanding of the labour and production process as the metabolic relation between humanity and nature, and his co- evolutionary approach to society–nature relations. Nevertheless, because Marx’s overall critique of political economy remained unfinished, these and other aspects of his larger materialist conception of nature and history were incompletely developed – even in those works, such as Capital, volume 1, published in his lifetime. -
Keywords—Marxism 101 Session 1 Bourgeoisie
Keywords—Marxism 101 Session 1 Bourgeoisie: the class of modern capitalists, owners of the means of social production and employers of wage labour. Capital: an asset (including money) owned by an individual as wealth used to realize a fnancial proft, and to create additional wealth. Capital exists within the process of economic exchange and grows out of the process of circulation. Capital is the basis of the economic system of capitalism. Capitalism: a mode of production in which capital in its various forms is the principal means of production. Capital can take the form of money or credit for the purchase of labour power and materials of production; of physical machinery; or of stocks of fnished goods or work in progress. Whatever the form, it is the private ownership of capital in the hands of the class of capitalists to the exclusion of the mass of the population. Class: social stratifcation defned by a person's relationship to the means of production. https://upload.wikimedia.org/wikipedia/commons/b/bf/Pyramid_of_Capitalist_System.png Class struggle: an antagonism that exists within a society, catalyzed by competing socioeconomic interests and central to revolutionary change. Communism: 1) a political movement of the working class in capitalist society, committed to the abolition of capitalism 2) a form of society which the working class, through its struggle, would bring into existence through abolition of classes and of the capitalist division of labor. Dictatorship of the Proletariat: the idea that the proletariat (the working class) has control over political power in the process of changing the ownership of the means of production from private to collective ownership as part of a socialist transition to communism. -
Of Labour-Power
Chapter 6: The Sale and Purchase 'of Labour-Power The change in value of the money which has to be transformed into capital cannot take place in the money itself, since in its function as means of purchase and payment it does no more than realize [realisieren] the price of the commodity it buys or pays for, while, when itsticksto its own peculiar form, it petrifies into a mass of value ofconstantmagnitude. 1 Just as little can this change origin· ate in the second act of circulation, the resale of the commodity, for this act merely converts the commodity from its natural form back into its money-form. The change must therefore take place in the commodity which is bought in the first act of circulation, M-C, but not in its value, for it is eqUivalents which are being ex- changed, and the commodity is paid for at its full value, The change can therefore originate only in the actual use-value of the eommodity, i.e. in its consumption. In order to extract value out of the consumption of a commodity, our friend the money-owner must be lucky enough to find within the sphere of circulation, on the market, a commodity whose possesses the peculiar property of being a source of value, whose actual consumption is therefore itself an objectification [ Vergegenstiindlichung] of labour, hence a creation of value: The possessor of money does find such a special commodity on the market: the capacity for labour [Arbeitsvermogen], in other words labour-power [Arbeitskraft]. We mean by labour-power, or labour-capacity, the aggregate of those mental and physical capabilities existing in the physical form, the living personality, of a human being, capabilities which he sets in motion whenever he produces a use-value of any kind. -
FRANTZ FANON and the "LUMPENPROLETARIAT" Peter
FRANTZ FANON AND THE "LUMPENPROLETARIAT" Peter Worsley IN 1960, I attended the All-African People's Congress in Accra, Ghana. The proceedings consisted mainly of speeches by leaders of African nationalism from all over the continent, few of whom said anything notable. When, therefore, the representative of the Algerian Revolutionary Provisional Government, their Ambassador to Ghana, stood up to speak for his country, I prepared myself for an address by a diplomat-not usually an experience to set the pulses racing. Instead, I found myself electrified by a contribution that was remarkable not only for its analytical power, but delivered, too, with a passion and brilliance that is all too rare. I discovered that the Ambassador was a man named Frantz Fanon. During his talk, at one point, he almost appeared to break down. I asked him afterwards what had happened. He replied that he had suddenly felt emotionally overcome at the thought that he had to stand there, before the assembled representatives of African nationalist movements, to try and persuade them that the Algerian cause was important, at a time when men were dying and being tortured in his own country for a cause whose justice ought to command automatic support from rational and progressive human beings. I think this incident reflects one special quality that is characteristic of Fanon's writing also : its passion. It is also ruthlessly honest and highly intellectual, if not always worked-through. It is this special blend of intellect and passion that stamps Fanon's work as the pro- duct of a unique and powerful mind. -
Estimating the Role of Social Reproduction in Economic Growth
Elissa Braunstein*, Colorado State University Stephanie Seguino, University of Vermont Levi Altringer, Colorado State University CWE-GAM Working Paper Series: 19-02 Program on Gender Analysis in Economics (PGAE) American University, Washington, DC DOI: 10.17606/rv6p-6f66 April, 2019 *Corresponding author email: [email protected] CWE-GAM WORKING PAPER SERIES www.careworkeconomy.org Photograph by Konstantin Börner The Care Work and the Economy (CWE-GAM) Project strives to reduce gender gaps in economic outcomes and enhance gender equality by illuminating and properly valuing the broader economic and social contributions of caregivers and integrating care in macroeconomic policymaking toolkits. We work to provide policymakers, scholars, researchers and advocacy groups with gender-aware data, empirical evidence, and analytical tools needed to promote creative, gender-sensitive macroeconomic and social policy solutions. In this era of demographic shifts and economic change, innovative policy solutions to chronic public underinvestment in care provisioning and infrastructures and the constraints that care work places on women’s life and employment choices are needed more than ever. Sustainable development requires gender-sensitive policy tools that integrate emerging understandings of care work and its connection with labor supply, and economic and welfare outcomes. Find out more about the project at www.careworkeconomy.org. ELISSA Elissa Braunstein is Professor of Economics at Colorado State University and BRAUNSTEIN Editor of Feminist Economics journal. Her work focuses on the international and macroeconomic aspects of development, with particular emphasis on economic growth, macro policy, social reproduction and gender. She publishes widely in both academic and policy venues, and has served as consultant to a number of international institutions, including the International Labour Organization, the World Bank, the United Nations Research Institute on Social Development, and UN Women. -
Keynes and Marx by Claudio Sardoni University of Rome “La Sapienza”
Keynes and Marx by Claudio Sardoni University of Rome “La Sapienza” I. Introduction Soon after the publication of The General Theory, Keynes manifested his dissatisfaction with the ‘final product’ of the intellectual process which had started in 1931-32 and he stated an intention to re-cast his ideas in a clearer and more satisfactory way. Joan Robinson thought that starting from Marx, rather than orthodox economics, would have saved Keynes ‘a lot of trouble’ (1964: 96). The object of this chapter is to inquire into the possibility that Keynes could have re-written The General Theory by giving Marx more attention and more credit than he did in the 1936 edition of the book. The interest in this issue does not derive, however, from any evidence that Keynes changed his opinion of Marx after 1936: it remained highly critical. Such interest rather derives from the fact that, in the quest for a clearer formulation of his fundamental ideas, Keynes, in my opinion, could have chosen to go, at least partly, ‘back’ to the approach that he had followed earlier on in the process which led to the publication of The General Theory. In fact, at a relatively early stage (1933) of this process, Keynes’s analysis of a capitalist economy and his critique of the orthodox view had come close to Marx’s approach. Keynes soon abandoned his 1933 approach and, in The General Theory, he formulated the critique of orthodox economics in a different way from Marx. In the chapter, I argue that the reason for the change may be found in the fact that the economic theory criticised by Keynes was significantly different from the Ricardian theory to which Marx referred.