Imperialism and Its Class Structure in 1997 by MC5, July 22, 1997, Edited for Proofreading Mistakes August 8, 1999
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Conversations with Stalin on Questions of Political Economy”
WOODROW WILSON INTERNATIONAL CENTER FOR SCHOLARS Lee H. Hamilton, Conversations with Stalin on Christian Ostermann, Director Director Questions of Political Economy BOARD OF TRUSTEES: ADVISORY COMMITTEE: Joseph A. Cari, Jr., by Chairman William Taubman Steven Alan Bennett, Ethan Pollock (Amherst College) Vice Chairman Chairman Working Paper No. 33 PUBLIC MEMBERS Michael Beschloss The Secretary of State (Historian, Author) Colin Powell; The Librarian of Congress James H. Billington James H. Billington; (Librarian of Congress) The Archivist of the United States John W. Carlin; Warren I. Cohen The Chairman of the (University of Maryland- National Endowment Baltimore) for the Humanities Bruce Cole; The Secretary of the John Lewis Gaddis Smithsonian Institution (Yale University) Lawrence M. Small; The Secretary of Education James Hershberg Roderick R. Paige; (The George Washington The Secretary of Health University) & Human Services Tommy G. Thompson; Washington, D.C. Samuel F. Wells, Jr. PRIVATE MEMBERS (Woodrow Wilson Center) Carol Cartwright, July 2001 John H. Foster, Jean L. Hennessey, Sharon Wolchik Daniel L. Lamaute, (The George Washington Doris O. Mausui, University) Thomas R. Reedy, Nancy M. Zirkin COLD WAR INTERNATIONAL HISTORY PROJECT THE COLD WAR INTERNATIONAL HISTORY PROJECT WORKING PAPER SERIES CHRISTIAN F. OSTERMANN, Series Editor This paper is one of a series of Working Papers published by the Cold War International History Project of the Woodrow Wilson International Center for Scholars in Washington, D.C. Established in 1991 by a grant from the John D. and Catherine T. MacArthur Foundation, the Cold War International History Project (CWIHP) disseminates new information and perspectives on the history of the Cold War as it emerges from previously inaccessible sources on “the other side” of the post-World War II superpower rivalry. -
Advertising and the Creation of Exchange Value
University of Massachusetts Amherst ScholarWorks@UMass Amherst Doctoral Dissertations Dissertations and Theses Summer November 2014 Advertising and the Creation of Exchange Value Zoe Sherman University of Massachusetts Amherst Follow this and additional works at: https://scholarworks.umass.edu/dissertations_2 Part of the Economic History Commons, Political Economy Commons, and the Public Relations and Advertising Commons Recommended Citation Sherman, Zoe, "Advertising and the Creation of Exchange Value" (2014). Doctoral Dissertations. 205. https://doi.org/10.7275/5625701.0 https://scholarworks.umass.edu/dissertations_2/205 This Open Access Dissertation is brought to you for free and open access by the Dissertations and Theses at ScholarWorks@UMass Amherst. It has been accepted for inclusion in Doctoral Dissertations by an authorized administrator of ScholarWorks@UMass Amherst. For more information, please contact [email protected]. ADVERTISING AND THE CREATION OF EXCHANGE VALUE A Dissertation Presented by ZOE SHERMAN Submitted to the Graduate School of the University of Massachusetts Amherst in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY September 2014 Economics © Copyright by Zoe Sherman 2014 All Rights Reserved ADVERTISING AND THE CREATION OF EXCHANGE VALUE A Dissertation Presented by ZOE SHERMAN Approved as to style and content by: ______________________________________ Gerald Friedman, Chair ______________________________________ Michael Ash, Member ______________________________________ Judith Smith, Member ___________________________________ Michael Ash, Department Chair Economics DEDICATION Dedicated to the memory of Stephen Resnick. ACKNOWLEDGMENTS I have had many strokes of good fortune in my life, not least the intellectual and emotional support I have enjoyed throughout my graduate studies. Stephen Resnick, Gerald Friedman, Michael Ash, and Judith Smith were the midwives of this work. -
The Limits of Ricardian Value: Law, Contingency and Motion in Economics
Munich Personal RePEc Archive The limits of Ricardian value: law, contingency and motion in economics Freeman, Alan The University of Greenwich March 1999 Online at https://mpra.ub.uni-muenchen.de/2574/ MPRA Paper No. 2574, posted 05 Apr 2007 UTC The Limits of Ricardian Value: Law, Contingency and Motion in Economics Alan Freeman The University of Greenwich March 1999 ABSTRACT This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and original idea leads us to the idea of capitalism, and a market, as an entity which perpetuates itself by failing to perpetuate itself: it is the fact that supply diverges from demand which causes the system to continue, not the fact that supply equals demand, which is only the case as a statistical average and never exactly holds. This fundamental and unrecognised difference between Marx’s approach and that of the classicals also distinguishes Marx from most modern economics, which has focussed on equilibrium as the de facto defining principle from which value may be deduced. The problem is exactly the opposite: it is to define a conception of value which does not require equilibrium and makes no presupposition that supply equals demand, that goods are sold, that profits equalise, or that any of the ‘lawlike’ properties of an ideal market actually hold. The ‘lawlike’ properties of a market must then be deduced as an outcome of the dynamic, that is temporal, behaviour of the market, expressed in terms of the interaction between value so defined and use value. -
Marxism Without Marx: a Note Towards a Critique
Capital & Class 34(1) 84 –97 Marxism without Marx: © The Author(s) 2010 Reprints and permission: sagepub. co.uk/journalsPermissions.nav A note towards a critique DOI: 10.1177/0309816809353585 c&c.sagepub.com Alan Freeman University of Manitoba, Canada Abstract The most severe economic crisis since 1929 has produced a level of intellectual disarray probably not seen since 1968. In one crucial respect, the climate is different: Marxism’s intellectual impact is negligible. The culprit is not Marx but ‘Marxism without Marx’—a systematic attempt to divorce his conclusions from his economic theory. The demise of western Marxism marks the failure of this project. This note signals a first attempt to assess Marx’s real relevance to the crisis of 2008. Keywords economics, Marx, value, temporalism, TSSI The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear. (Antonio Gramsci) The most severe economic crisis since 1929 has produced a level of intellectual disarray probably not seen since 1968. Yet in one crucial respect the climate is different: Marxism’s intellectual impact, in western circles at least, is negligible. The culprit, I show in this article, is not Marx himself but a trend I term ‘Marxism without Marx’—a systematic attempt to divorce his conclusions from his economic theory. The demise of western Marxism marks the definitive failure of this project. Its difficulties reflect wider problems facing the left, acerbically summarized by Thomas Walcom (2009). ‘Capitalism is facing its worst crisis in 70 years’, he writes, yet the political movement that prides itself on its critique of the economic status quo is, to all intents and purposes, missing in action … [T]he Great Depression was the left’s time. -
Underdevelopment in a Capital-Rich Economy Ahmed H
Iowa State University Capstones, Theses and Retrospective Theses and Dissertations Dissertations 1983 Underdevelopment in a capital-rich economy Ahmed H. Senani Iowa State University Follow this and additional works at: https://lib.dr.iastate.edu/rtd Part of the Sociology Commons Recommended Citation Senani, Ahmed H., "Underdevelopment in a capital-rich economy " (1983). Retrospective Theses and Dissertations. 8959. https://lib.dr.iastate.edu/rtd/8959 This Dissertation is brought to you for free and open access by the Iowa State University Capstones, Theses and Dissertations at Iowa State University Digital Repository. It has been accepted for inclusion in Retrospective Theses and Dissertations by an authorized administrator of Iowa State University Digital Repository. For more information, please contact [email protected]. INFORMATION TO USERS This reproduction was made from a copy of a document sent to us for microfilming. While the most advanced technology has been used to photograph and reproduce this document, the quality of the reproduction is heavily dependent upon the quality of the material submitted. The following explanation of techniques is provided to help clarify markings or notations which may appear on this reproduction. 1. The sign or "target" for pages apparently lacking from the document photographed is "Missing Page(s)". If it was possible to obtain the missing page(s) or section, they are spliced into the film along with adjacent pages. This may have necessitated cutting through an image and duplicating adjacent pages to assure complete continuity. 2. When an image on the film is obliterated with a round black mark; it is aji indication of either blurred copy because of movement during exposure, duplicate copy, or copyrighted materials that should not have been filmed. -
From Congress of Afrikan People to Revolutionary
UNITY ·STRUGGLE VOL. V NO. 6 25 CENTS POLITICA L ORGAN OF THE REVO LUTIONARY COMMUNIST LEAGU E (M-L- M) JUNE EDITION 1976 A Summation and A Beginning FROMCONGRESS OFAFRIKAN PEOPLE TO REVOLUTIONARYCOMMUNIST LEAGUE (M-L-M) Such leader s as H. Rap Brown , Maulana Karenga, Amiri Baraka, and Floyd RCL (M~L-M) is convinced that the clearest way for us to dra w the line of demar Mc Kissick were at the '67 Bla ck Power Conference. The early history of CAP's cation between genuine Marxism-Leninism and modern revisionism today is to use developmen t involved the Rebellions of 1967 and the Black Power Conference in the suffix (M-L-M) and in our practice continously uphold and defend the ba nner of Newark , N.J ., which represented the diversity of the Black Liberation Movement in Mao Tse Tung Thought, which is, "the acme of Marxism-Lenin ism in the prese nt 1967, bu t also the eclecticism that characterized BLM in the absence of a genuine era". communi st party in the U.S.A. And still today we need a revolutionary Marxist Lenini st part y, guided by the science of Marxism-Leninism-Mao Tse Tung Thought to lead the proletariat and oppressed nationalities to smash imperialism with Revolutionary socialist revoluti on. Party building is the central task of Marxist-Leninist and ad vanced forces in the U.S. toda y. Communist League History of CAP (M-L-M) STAGE ONE reference to such backwardness) . WORLD SITUATION Social-imperialism on the other , these . -
Trends in Value Theory Since 1881
Munich Personal RePEc Archive Trends in Value Theory since 1881 Freeman, Alan London Metropolitan University 7 December 2010 Online at https://mpra.ub.uni-muenchen.de/48646/ MPRA Paper No. 48646, posted 27 Jul 2013 04:31 UTC TRENDS IN VALUE THEORY SINCE 1881 Alan Freeman London Metropolitan University Abstract: This is a prepublication version of an article which originally appeared in the World Review of Political Economy. Please cite as Freeman, A. 2010. ‘Trends in Value Theory since 1881’, World Review of Political Economy Volume 1 No. 4, Fall 2010. pp567-605. The article surveys the key ideas and currents of thinking about Marx’s value theory since he died. It does so by studying their evolution, in their historical context, through the lens of the Temporal Single System Interpretation (TSSI) of Marx’s ideas, an approach to Marx’s theory of value which has secured significant attention in recent years. The article explains the TSSI and highlights the milestones which led to the evolution of its key concepts. Key words: theory of value; Marxian economics; TSSI; New Solution; temporalism JEL codes: B24, B3, B5, B50 Page 1 of 37 TRENDS IN VALUE THEORY SINCE 1881 Alan Freeman Introduction1 This article summarizes the key ideas and currents of thinking about Marx’s value theory since he died. It does so by studying their evolution, in their historical context, through the lens of the Temporal Single System Interpretation (TSSI) of Marx’s ideas, an approach to Marx’s theory of value which has secured significant attention in recent years. The article explains the TSSI and highlights the milestones which led to the evolution of its key concepts. -
The State and High-Rise Apartment Clusters in Gangnam, Seoul
Contextualizing Accumulation by Dispossession: The State and High-Rise Apartment Clusters in Gangnam, Seoul Jung Won Sonn (Bartlett School of Planning, UCL) & Hyun Bang Shin (Department of Geography and Environment, LSE) ABSTRACT: In an effort to contribute to the current discussion on accumulation by dispossession (ABD), we propose that it is necessary to take a closer attention to the link between the state and ABD. Such an attention is necessary because, as we show in our review of the existing literature, each of the existing definitions of ABD has its own theoretical weaknesses. Rather than look for a better definition, we propose contextualizing ABD within the institutionalization of the process of replacing communal property rights with private property rights. In such institutionalization, the state plays a critical role as the final guarantor of property rights. As such, the socio- spatial specificities of the state would strongly influence how ABD unfolds. In the empirical part of this paper, we use this approach to examine the emergence of apartment-dominated residential landscapes in Gangnam District, Seoul, in the 1970s. KEYWORDS: accumulation by dispossession/primitive accumulation of capital; vertical accumulation; developmental state; high-rise apartments; Gangnam District, Seoul, South Korea 1. Introduction A salient feature of Seoul’s residential landscape is the numerous large clusters of high- rise apartment buildings. This study aims to illuminate how the South Korean state used various policy measures to build high-rise apartments in the Gangnam area of Seoul in the 1970s.1 Understanding Gangnam’s development is important because the area was a prototype that was later applied to other greenfield sites and then to redevelopment sites as well, thus completely transforming South Korea’s residential landscape. -
The Logic of the Transformation Problem Alan Freeman
!CL I 10 The Logic of the Transformation Problem Alan Freeman 1. Introduction Since Bohm-Bawerk first criticized Marx's transformation of values into prices of production, almost everyone who has tried to correct or refute Marx's value theory has claimed it is logically flawed. The post Sraffians are the most emphatic. Steedman writes that the 'central objection' to Marx's approach is that 'even if input prices are transformed, Marx's solution is internally inconsistent.'1 His ar gument, which has almost no empirical component, stands or falls on its logical critique. As he himself says, his case 'is the conclusion of an argument in logic; should anyone wish to challenge it, they must do so either by finding a logical flaw in the argument or by rejecting explicitly and coherently one or more of the assumptions on which it is based.'2 A footnote adds: 'The present type of argument has been examined, in various forms, by many different writers over the last eighty years. The same conclusions have always been reached and no logical flaw has ever been found in such arguments.'3 My limited but perhaps ambitious aim is to identify and demarcate this logical flaw. 2. The Argument in Outline Steedman makes two charges: inconsistency and redundancy. The first allegation dates from von Bortkiewicz. It says that Marx's transformation cannot be applied to a self-reproducing economy without dropping one or other of his famous equalities and his expression for the rate of profit. There is a logical contradiction between hypotheses and results, so the hypotheses must be wrong. -
When Things Go Wrong: the Political Economy of Market Breakdown
Munich Personal RePEc Archive When Things Go Wrong: the Political Economy of Market Breakdown Freeman, Alan 2003 Online at https://mpra.ub.uni-muenchen.de/5586/ MPRA Paper No. 5586, posted 04 Nov 2007 UTC When things go wrong:the political economy of market breakdown Alan Freeman The University of Greenwich Abstract This paper constructs a theoretical framework for understanding what happens when markets break down. It argues that when this happens, the ‘invisible hand becomes visible’ and conscious agencies (classes, states, governments, etc) intervene in the economy. ‘External Intervention’ into the market is thus not an imposition on the market but a product of the market. The paper grapples with what is arguably the most basic question in economics: are breakdown and recovery endogenous or exogenous? Do markets fall or are they pushed? Conversely, do they mend themselves, or does someone have to stick them back together? The primary ‘finding’ of all dominant economic theories is that the market works: that breakdown is exogenous and recovery is endogenous. I show that this finding arises from the shared starting point of these theories, the equilibrium or comparative static paradigm. This is equivalent to assuming that, the market works so perfectly that nothing needs to change. It then becomes impossible to deduce endogenous market failure. This why is one of the primary shortcomings of mainstream economic theory is its inability to two-way causal links between political institutions and the market. Prepublication version of: ‘When things go wrong: the Political Economy of Market Breakdown’ in Westra, R and Alan Zuege (Eds) (2003) Value and the World Economy Today: Production, Finance and Globalization, pp91-118. -
Capital Mobility Workers’ Struggle Amid Capital Mobility (A Short Training Module for Workers)
Workers’ Struggle amid Capital Mobility Workers’ Struggle amid Capital Mobility (A Short Training Module for Workers) Authors: Ecumenical Institute for Labor Education and Research, Asia Monitor Resource Centre, Labour Action China Published in 2015 for Asian Transnational Corporation Monitoring Network (ATNC Network) Asian Transnational Corporations Monitoring Network Asian Transnational Corporations (ATNC) Monitoring Network is a regional network of labour organisations and trade unions established in 2002. The network works to monitor the role of TNCs and their impacts on the working population in Asia. The network builds workers’ solidarity by undertaking collaborative research, education, and campaign across the region. The network focuses on building up the labour organising and educational capacities of its members, to monitor their own workplaces as well as communities based on their collective power. Website: www.atnc.asia Email: [email protected] Cover and design: Noel Colina Photo: Korean Confederation of Trade Unions MODULE 1: INTRODUCTION TO “CAPITAL MOBILITY” Particular Objectives: 1. Explain the capitalist crisis and “capital mobility” 2. Assess the impact of “capital mobility” on workers and trade unions 3. Show the way out of the crisis Asia is endowed with abundant natural resources. Our civilizations lived for thousands of years. Our peoples live on bountiful lands and seas. An “Asiatic” mode of production existed before – with communal lands and collective labour. We have our cultures predating Western civilization. Asians have been trading with one another in peace. However, this was all before the rule of Capital. All these changed with the coming of colonialism, driven by mercantilism, and the INTRODUCTION expansion of resources and markets. -
The Labour Aristocracy
The Labour Aristocracy The Material Basis for Opportunism in the Labour Movement Max Elbaum And Robert Seltzer Resistance Books 2 THE LABOUR ARIS T OCRACY CON T EN T S IN T RODUC T ION ......................................................................................................................3 I. GENERA L CON T OURS OF LENIN ’S THEORY .............................................................12 A. Lenin’s approach to the problem ..............................................................................12 B. Marx and Engels on the ‘bourgeoisified’ English working class .............................15 C. Lenin’s contribution to the question .........................................................................19 II. KEY BUI L DIN G BL OC K S OF LENIN ’S THEORY .........................................................22 A. Monopoly superprofits and bribery ..........................................................................25 B. Composition of the labour aristocracy ......................................................................31 Some general considerations ....................................................................................32 Skilled workers and trade unions .............................................................................36 C. The leadership of the labour aristocracy ...................................................................41 D. The labour aristocracy and the lower strata: antagonism and influence ...................46 III. ST RA T E G Y AND TAC T ICS IN T HE ERA OF