On Nicolaus "Introduction" to the Grundrisse
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Critical Theory and the Critique of Antisemitism: on Society As Economic Object
Journal of Social Justice, Vol. 9, 2019 (© 2019) ISSN: 2164-7100 Critical Theory and the Critique of Antisemitism: On Society as Economic Object Werner Bonefeld1 The paper argues that the critique of modern antisemitism is fundamentally a critique of capitalist political economy. It expounds the critical tradition associated with the work of Marx, Horkheimer, Adorno and Postone, to argue that antisemitism is innate to the existent society. It explores antisemitism as a perverted form of anti-capitalism, one which associates labour economy with freedom, Arbeit macht frei, and rejects the manifestation of labour economy in the form of money as more money. It specifies antisemitism as a personalised critique of a crisis-ridden dynamic of real economic abstractions, of price and profit, and their regulation by the invisible hand. Modern antisemitism identifies the ghostlike character of the economic object, what Marx called the capital fetish, with the character and the power of the Jew. [Article copies available for a fee from The Transformative Studies Institute. E-mail address: [email protected] Website: http://www.transformativestudies.org ©2019 by The Transformative Studies Institute. All rights reserved.] KEYWORDS: Antisemitism, Money, Fetishism, Economic Object, Personalisation, Nationalism, (perverted) Anti-capitalism. INTRODUCTION Contemporary social theory reckons that the existing society contains within itself the ‘promise of freedom’ (Honneth 2010: 10). This would suggest that it also contains within itself the ‘promise’ of a freedom from 1 Werner Bonefeld is a Professor of Politics at the University of York (UK). Recent publications include Critical Theory and the Critique of Political Economy and The Strong State and the Free Economy. -
Through the Brook of Fire: Marx'sconceptofspecies- Being Andhisbreakwith Feuerbach
1 WALKER THROUGH THE BROOK OF FIRE: MARX’S CONCEPT OF SPECIES- BEING AND HIS BREAK WITH FEUERBACH Grayson Shade Walker Supervised by Dr. Gabriel Gottlieb 30 April 2021 2 WALKER 1 | INTRODUCTION Once upon a time a valiant fellow had the idea that men were drowned in water only because they were possessed with the idea of gravity. If they were to knock this notion out of their heads, say by stating it to be a superstition, a religious concept, they would be sublimely proof against any danger from water. His whole life long he fought against the illusion of gravity, of whose harmful results all statistic brought him new and manifold evidence. This valiant fellow was the type of the new revolutionary philosophers in Germany.1 -- Karl Marx The task of this paper is to re-visit a concept that has long escaped proper clarification: Gattungswesen, or species-being. Many scholars have often assumed that the concept has no bearing on Marx’s later developments, or that it invariably bears the baggage of idealistic humanism not yet shorn by the younger Marx.2 While there may be traces of an incipient idealism in the early Marx—a product of his own post-Hegelian milieu—this paper will show how Marx inherits Feuerbach’s concept of species-being and, by overcoming its limitations, arrives at a new concept of humanity. I will show how Feuerbach fails to materialistically inverse Hegel, and how this failure leads him to a concept of man that is ultimately ahistorical—as it fixes a human essence beyond human history—and is idealist, to the extent that it begins from abstractions from the world. -
Slavery, Capitalism, and the “Proletariat”
1 1 The Slave-Machine: Slavery, Capital- ism, and the “Proletariat” in The Black Jacobins and Capital Nick Nesbitt This essay argues that C. L. R. James’s Marxist humanism is inherently inade- quate for describing the distinction and transition between slavery and capitalism. To do so, the essay interrogates James’s famous claim in The Black Jacobins (1938) that the slaves of St. Domingue were “closer to a modern proletariat than any group of workers in existence at the time,” by comparing James’s understand- ing of the concept of proletariat—there and in World Revolution (1937)—with Marx’s various developments of the concept across the three volumes of Capital. This analysis distinguishes James’s political and historicist deployment of the term from Marx’s analytical usage of the notion in his categorial critique of capitalism.In contrast with James’s linear, Marxist-humanist understanding of the passage from slavery to capitalism, Marx himself demarcates a well-defined delineation between these two basic categories, understood in Capital as analytically (as opposed to historically) distinct modes of production.The essay thus concludes by analyzing Marx’s conceptual differentiation of slavery and industrial capitalism in Capital, drawing on Etienne Balibar’s analysis of the concepts of mode of production and transition in Reading Capital (1965). The slaves worked on the land, and, like revolutionary peasants everywhere, they aimed at the extermination of their oppressors. But working and living together in gangs of hundreds on the huge sugar-factories which covered the North Plain, they were closer to a modern proletariat than any group of workers in existence at the time, and the rising was, therefore, a thoroughly prepared and organized mass movement. -
150 Years Karl Marx's “Capital”
150 years Karl Marx’s “Capital” Reflections for the 21st century INTERNATIONAL CONFERENCE 14-15.1.2017 | Olympia Hall – Garden of Zappio Athens - Greece 2 150 YEARS KARL MARX’S “CAPITAL” 150 ΧΡΌΝΙΑ ΚΑΡΛ ΜΑΡΞ ΤΟ ΚΕΦΆΛ150 YEARSΆΙΟ KARL MARX’S “CAPITAL” 150 years Karl Marx’s “Capital” Reflections for the 21st century INTERNATIONAL CONFERENCE 14-15.1.2017 Olympia Hall – Garden of Zappio Athens - Greece CONTENTS PREFACE . 9 INTRODUCTION ◊ John Milios . 11 New Readings and New Texts: Marx’s Capital after MEGA2* Michael Heinrich. 15 Old readings ◊ New readings since the 1960s ◊ New insights from new texts in MEGA2 ◊ Not one, but two critical projects since 1857 ◊ The disparate character of Capital manuscripts ◊ Value theory ◊ The law of the tendency of the rate of profit to fall ◊ Crisis theory after 1865 Comments: Dimitris Papafotiou . 26 Money in Marx: from value-form analysis to an understanding of modern capitalism Spyros Lapatsioras and Dimitris P. Sotiropoulos . 35 1. Money, commodity, and value-form ◊ 2. Credit-money: money as a means of payment ◊ 3. The form of capital ◊ 4. Money as capital ◊ 5. Derivatives ◊ 6. Epilogue: the dynamics of contemporary capitalism ◊ References Comments: Christos Vallianos . 55 If you don’t understand the Second Product, you understand nothing about Capital Michael A. Lebowitz . 63 Capitalism as an organic system ◊ The fearful symmetry of hats and men ◊ Marx’s plan ◊ The missing second product Comments: George Economakis . 82 1. The ‘second product’ in Capital ◊ 2. Wages in Capital and the “symmetry” of hats and men ◊ 3. An initial critical commentary ◊ 4. The issue of the real wage as a set amount of means of subsistence in Marx and the ‘Ricardian Default’ ◊ 5. -
Anti-Duhring
Friedrich Engels Herr Eugen Dühring’s Revolution in Science Written: September 1876 - June 1878; Published: in Vorwärts, Jan 3 1877-July 7 1878; Published: as a book, Leipzig 1878; Translated: by Emile Burns from 1894 edition; Source: Frederick Engels, Anti-Dühring. Herr Eugen Dühring’s Revolution in Science, Progress Publishers, 1947; Transcribed: [email protected], August 1996; Proofed and corrected: Mark Harris 2010. Formerly known as Herr Eugen Dühring's Revolution in Science, Engels’ Anti-Dühring is a popular and enduring work which, as Engels wrote to Marx, was an attempt “to produce an encyclopaedic survey of our conception of the philosophical, natural-science and historical problems.” Marx and Engels first became aware of Professor Dühring with his December 1867 review of Capital, published in Ergänzungsblätter. They exchanged a series of letters about him from January-March 1868. He was largely forgotten until the mid-1870s, at which time Dühring entered Germany's political foreground. German Social-Democrats were influenced by both his Kritische Geschichte der Nationalökonomie und des Sozialismus and Cursus der Philosophie als streng wissenschaftlicher Weltanschauung und Lebensgestaltung. Among his readers were included Johann Most, Friedrich Wilhelm Fritzsche, Eduard Bernstein – and even August Bebel for a brief period. In March 1874, the Social-Democratic Workers’ Party paper Volksstaat ran an anonymous article (actually penned by Bebel) favorably reviewing one of Dühring's books. On both February 1 and April 21, 1875, Liebknecht encouraged Engels to take Dühring head-on in the pages of the Volksstaat. In February 1876, Engels fired an opening salvo with his Volksstaat article “Prussian Vodka in the German Reichstag”. -
Capitalism'sessentialsrev4290307
Capitalism’sEssentialsREV4290307 The Essentials of Capitalism Through Definitions: From Adam Smith to the Present Day1 W. Robert Needham (2005) World-wide capitalism kills more people everyday then Hitler did. And he was crazy. Ken Livingston, Mayor of London, http://en.thinkexist.com/quotes/ken_livingstone/ “It was the incarnation of blind and insensate Greed. It was a monster devouring with a thousand mouths, trampling with a thousand hoofs; it was the Great Butcher--it was the spirit of Capitalism made flesh.” Upton Sinclair, The Jungle. http://www.litquotes.com/quote_author_resp.php?AName=Upton%20Sinclair "The mere fact that communism didn't work doesn't mean that capitalism does. In many parts of the globe it's a wrecking, terrible force, displacing people, ruining lifestyles, traditions, ecologies and stable systems with the same ruthlessness as communism." John le Carré The problems that exist in the world today cannot be solved by the level of thinking that created them. Albert Einstein "Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust." J. Rawls, A Theory of Justice, (Cambridge, MA: Harvard University Press, 1971), 3. “…the socialist objection of justice to the market economy is that it allows private ownership of means of existence which no one has the right to own privately, and therefore rests upon an unjust foundation. …the socializing state is not violating rights, or even overriding them in the interests of something more important, but righting wrongs; it is rectifying violations of rights, violations inherent in the structure of private property.” G. -
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. -
Marx and the Foundations of the Critical Theory of Morality and Ethics
Marx and the Foundations of the Critical Theory of Morality and Ethics Ricardo Brown Epicurus Understanding the Question of Ethics in Marx 1. How are we to understand the ethical content of Marx's work? Is there a socialist ethic or an ethic of socialism? Of course, these are not new questions within the marxist tradition. One hundred years ago, debates over "ethical socialism" coincided with those over accumulation, imperialism, organization and party. Although the question of ethics has been raised most recently by neo-liberal and neo-authoritarian critics, the turn to the question of ethics has not occurred for intellectual reasons. It is occasioned by the passing of state capitalism in the USSR and by the simultaneous critique of the adaptation by the Left of the discursive categories of bourgeois science in the forms of scientific socialism and the science of historical materialism. However, to raise the question of ethics is one thing, but to uncover its location within critical theory is quite another. Broadly speaking, responses to the question of ethics have displayed two theoretical tendencies. In the first tendency, there is a moralization of Marx through the construction of the "young Marx." This tendency identifies the entirety of Marx's critique of morality Copyright © 1999 by Ricardo Brown and Cultural Logic, ISSN 1097-3087 Brown 2 with his readings of Hegel and Feuerbach, the assumption being that Marx's critique of morality is restricted to these early works, leaving the impression that his materialism is at best discontinuous from his critique of morality, and, at worst, simply derived from a previous, enlightenment moral theory. -
Values and Value Transfers: a Comment on Itoh
: VALUES AND VALUE TRANSFERS: A COMMENT ON ITOH Anwar Shaikh Itoh's essay provides a valuable retrospective on recent debates concerning the Marxian theory of value. He points out that the economic crisis enveloping both cap itaJist and socialist worlds from the 1970s onward challenged economists to rethink and refine their basic approaches. Among other things. this sparked a resurgence of interest in fundamental issues such as Ihe theory of value. Thus, what appears as an abstraCt discussion is actually rooted in historical events, with political and economic implications for the current period (above. 53-54), Itoh also emphasizes the importance of Sraffa's work in revitalizing the Marxist discussion ofva1ue theory. Sraffa's pathbreak.ing work provided a new platform for a critique of neoclassical economics, even as it "rchabilitatcd the objcctive theory of value" which is characteristic of me classical and Marxian traditions. But his narrow focus and elliptical style left open the question of the relation between his approach and that of more general economic framewocks. Not swprisingiy, many of his followers set out to incol']X)rate his unconventional approach into a more orthodox "neo-Ricardian" framework, in which the emphasis was on mathematical and functional analyses of CQuilibriwn prices. Inevitably, this gave rise to a divergence between nco-Ricardian and Marxian writers (54--60). Two issues are highlighted by Itoh: the problems which arise with Marx's procedure for linking labor value and money price magnitudes (the transfonnatiOil problem), problems which appear LO undermine the Marxian claim that value magnitudes arc the foundation of price magnitudes; and the claim that value categories are in any case redundant, since market prices actually gravitate around prices of production, not labor values (60). -
Review Articles / Historical Materialism 15 (2007) 167–210 Karl Marx, Das Kapital. Kritik Der Politischen Ökonomie, Dritter B
Review Articles / Historical Materialism 15 (2007) 167–210 195 Karl Marx, Das Kapital. Kritik der politischen Ökonomie, Dritter Band, Hamburg 1894, in: Karl Marx, Friedrich Engels, Gesamtausgabe (MEGA). Zweite Abteilung, Band 15, hg. von der Internationalen Marx Engels Stiftung Amsterdam. Bearbeitet von Regina Roth, Eike Kopf und Carl-Erich Vollgraf unter Mitwirkung von Gerald Hubmann, mit einer Einführung von Bertram Schefold, Akademie Verlag, Berlin 2004 (XI, 1420 pp. [860 pp. text, 560 pp. apparatus]) Twelve years after Marx’s death and a few months before Fredrick Engels died, the third volume of Marx’s Capital, edited by Engels, appeared in December 1894. Two years later, Eugen von Böhm-Bawerk, a well known representative of the Austrian school of marginalism, published the first comprehensive critique based on all three volumes of Capital. In December 2004, exactly 110 years after Engels’s edition of Capital’s third volume appeared, the same text was published as Volume 15 of the second section of the complete works of Marx and Engels (MEGA). Th is second section contains Capital and the works preparatory to Capital in chronological order. Numerically and chronologically, Volume 15 is the last one of this section.1 Because some earlier volumes are still unpublished, readers have still to wait some time until the second section will be actually complete. For a further critique of Marx, readers of this MEGA volume will not have to wait so long: radically breaking with the new 1993 editorial guidelines of the MEGA, this volume contains a strongly slanted ‘introduction’, written by Bertram Schefold, a neo-Ricardian economist, presenting a devastating critique of Marx as if it were an undisputed judgement of contemporary economic science. -
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. -
Relations of Production and Modes of Surplus Extraction in India: an Aggregate Study
University of Massachusetts Amherst ScholarWorks@UMass Amherst Economics Department Working Paper Series Economics 2009 Relations of Production and Modes of Surplus Extraction in India: An Aggregate Study Amit Basole University of Massachusetts - Amherst Deepankar Basu University of Massachusetts - Amherst Follow this and additional works at: https://scholarworks.umass.edu/econ_workingpaper Part of the Economics Commons Recommended Citation Basole, Amit and Basu, Deepankar, "Relations of Production and Modes of Surplus Extraction in India: An Aggregate Study" (2009). Economics Department Working Paper Series. 4. https://doi.org/10.7275/1066720 This Article is brought to you for free and open access by the Economics at ScholarWorks@UMass Amherst. It has been accepted for inclusion in Economics Department Working Paper Series by an authorized administrator of ScholarWorks@UMass Amherst. For more information, please contact [email protected]. DEPARTMENT OF ECONOMICS Working Paper RELATIONS OF PRODUCTION AND MODES OF SURPLUS EXTRACTION IN INDIA: AN AGGREGATE STUDY by Amit Basole and Deepankar Basu Working Paper 2009-12 UNIVERSITY OF MASSACHUSETTS AMHERST RELATIONS OF PRODUCTION AND MODES OF SURPLUS EXTRACTION IN INDIA: AN AGGREGATE STUDY (September, 12, 2009) Amit Basole! and Deepankar Basu$ Abstract: This paper uses aggregate-level data, as well as case-stud- ies, to trace the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant re- lations of production under which the vast majority of the Indian work- ing people labour, and (b) the predominant ways in which the surplus labour of the direct producers is appropriated by the dominant classes.