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New Understanding of Capital in the Twenty-First Century 10 c i t rs ma e p a l e f P na n o o i o t i t c e rna l e t ol n I C l ta i y p a ur New Understanding of Capital t New Understanding of Capital n f C in the Twenty-First Century e International ematic Collection of Papers g o in the Twenty-First Century t C irs ndin Edited by y-F ta t Vesna Stanković Pejnović rs n Ivan Matić e e w nd w U International ematic Collection of Papers e Book 10 in the T N ISBN 978-86-7419-330-3 International Thematic Collection of Papers Book 10 New Understanding of Capital in the Twenty-First Century Edited by Vesna Stanković Pejnović Ivan Matić Institute for Political Studies Belgrade, 2020. New Understanding of Capital in the Twenty-First Century International Thematic Collection of Papers Publisher Institute for Political Studies, Belgrade Dr Živojin Đurić Website: www.ips.ac.rs E-mail address: [email protected] Editors Dr Vesna Stanković Pejnović Dr Ivan Matić Editorial Board Dr Živojin Đurić, Institute for Political Studies, Belgrade Prof dr Hrvoje Jurić, Faculty of Humanities and Social Sciences, Zagreb Prof dr Emilija Stoimenova-Canevska, International Balkan University, Skopje Prof dr Mirjana Stanković, University of North Carolina, Chapel Hill Prof. dr Silja Bára Ómarsdóttir, Faculty of Political Sciences, University of Iceland¸ Reykjavík Prof. dr John Hughson, University of Central Lancashire, Preston, Lancashire Prof. dr Valentin Salenko, Lomonosov University, Moscow Reviewers Prof. dr Neven Petrović, Faculty of Humanities and Social Sciences, Rijeka Prof. dr Sergei Borisov, South Ural State University, Chelyabinsk Prof. dr Mike Roth, University of Konstantz, Baden-Württemberg Prof. dr Silvia Koso, University of Lethbridge, Alberta Prof. dr Vasil Prodanov, Bulgarian Academy of Sciences, Sofia Prof. dr Peter Emil Mitev, Saint Clement of Ohrid University, Sofia Prof. dr Jelena Tosic, School of Humanities and Social Sciences, St. Gallen University Prof. dr Jana Ilieva, University of Tourism and Management, Skopje Dr Miša Stojadinović, Institute for Political Studies, Belgrade Dr Sanja Lazarević Radak, Institute for Political Studies, Belgrade Dr Aleksandra Bulatović, Institute for Philosophy and Social Theory, Belgrade TABLE OF CONTENTS EDITORS’ PREFACE 07-08 Glenn Rikowski THE PSYCHOLOGY OF CAPITAL 09-31 Lino Veljak GRUNDRISSE AND CAPITAL 32-44 Ramkrishna Bhattacharya INDIA IN MARX’S CAPITAL VOL. 1: A CRITIQUE 45-55 Ljubiša R. Mitrović MARX’S THOUGHT BETWEEN STIGMATIZATION AND REACTUALIZATION (MARGINALIAS) 56-71 Alexandre Kelsick ON NEO-FASCIST CAPITALISM 72-82 Christopher Loughlin HAUNTOLOGICAL MARXISM: THE MARXISM OF THE CRYPT 83-103 Elton Rosa, Henrique Wellen THE EXCHANGE BETWEEN EQUIVALENTS AND THE SURPLUS VALUE THEORY 104-123 Jérôme Maucourant MONEY AND MARKETS: LIMITS OF THE MAINSTREAM CRITIQUE 124-153 Giorgio Cesarale ANALYTICAL COGNITION IN THE MARXIAN CRITIQUE OF POLITICAL ECONOMY 154-167 Thomas Van der Hallen KARL MARX: A DIALECTICAL CRITIQUE OF SAY’S LAW 168-185 Stratos Georgoulas CAPITAL AND STATE IN MODERN GREECE AS A CRIME: BAILOUT PROGRAMS AND STATE-CORPORATE CRIME 186-207 José María Durán THE BATTLE FOR THE MINDS, OR HOW CAPITAL TRIES TO WIN PEOPLE’S MINDS IN THE TWENTY-FIRST CENTURY 208-230 Oded Nir ISRAEL’S TWO MARXISMS 231-256 Fahd Boundi-Chraki THE CONTINUING RELEVANCE OF MARX’S POLITICAL ECONOMY IN THE 21ST CENTURY 257-277 Shirley Cereseto, Howard Waitzkin ECONOMIC DEVELOPMENT, POLITICAL- ECONOMIC SYSTEM, AND THE PHYSICAL QUALITY OF LIFE 278-297 Taylor Witiw, Dip Kapoor CAPITAL AND COERCIVE NEOLIBERAL ACCUMULATION BY DISPOSSESSION (ABD): CANADIAN MINING IN ROȘIA MONTANĂ, ROMANIA 298-328 Vesna Stanković Pejnović ACTUALITY OF SELF-CONCEALED TECHNOLOGICAL AND IDEOLOGICAL CONTROL OF CAPITAL RULE 329-354 Andreas Mayert MARXISM, DEGROWTH AND THE STRUGGLE AGAINST ECOLOGICAL DISASTER CAPITALISM 355-387 Lorena Acosta Iglesias MARX AS A CRITIC OF THE CRITICAL THEORY OF SOCIETY 388-406 Manosh Chowdhury THE STATE MACHINERY IN BANGLADESH IS DESTINED TO BECOME A BROKER 407-415 Tijana Perić Diligenski THE CAPITALIST STATE AND INFORMAL INSTITUTIONAL ARRANGMENTS – ONE APORIA 416-428 NOTES ON CONTRIBUTORS 429-435 EDITORS’ PREFACE The international thematic collection of papers New Under- standing of Capital in the Twenty-First Century responds to the need to understand the huge changes in global society beyond cur- rently available information. The papers collected in New Under- standing of Capital in the Twenty-First Century are by scientists and researchers from different countries, who attempt to, metaphor- ically speaking, reshape history, portray the past, and inform about the future, with the aim of exchanging knowledge, experience, and information through the medium of written words. Approaching capital from a philosophical vantage point, the contributors of this edited volume expose the challenges and opportunities resulting from a more humanistic perspective. The idea behind this collection, published by the Institute for Political Studies, is to display complex and diverse ways of understanding the notion of capital within different societies and in different historical moments, while adhering to scientific stan- dards. The modern world is undergoing a transformation, driven by a narrow economic/political/social philosophy, which impacts every segment of today’s society in every corner of the world. This edited volume presents a unique opportunity to bring togeth- er scientists from different countries, so they can promote a more reciprocal view of the modern world that seems to be crumbling in front of our eyes. This endeavor aims to enable researchers to convey new and important findings from a variety of relevant scientific perspec- tives to the widest possible audience, by presenting previously unpublished results of scientific research and empirical studies. It aims to be interdisciplinary by encouraging a dialogue between scholars working in liberal arts and humanities, and also to provide researchers from different scientific traditions working in fields other than liberal arts and humanities the opportunity to speak and learn from each other. The edited volume will try to illuminate new perspectives on capital with regard to our “new normal” which seems to be announcing a “new social contract”. The authors of the papers are eminent experts in the fields of philosophy, sociology, economy, and history. All papers have been reviewed by two competent 7 international reviewers, and the edited volume as a whole has been reviewed by four competent international reviewers. The Editorial Board would like to express their gratitude to all the authors on behalf of the Institute for Political Studies, the engaged reviewers, and its members. Their work obliges the present and future members of the Editorial Board to further improve and increase the quality and influence of academic writing in Serbia, as well as in the international academic community. We are particu- larly grateful to our collaborators for improving the quality of the editorial work and achieving recognizability of the International thematic collection of papers, as well as to the management of the Institute for Political Studies and our colleagues, whose commit- ment, engagement and assistance contributed to the progress of the International thematic collection of papers. Dr Vesna Stanković Pejnović Dr Ivan Matić 8 UDC 330.14.01:159.923.2 * Glenn Rikowski 1 College of Social Science, University of Lincoln THE PSYCHOLOGY OF CAPITAL Abstract There is an antagonistic dynamic within the human in contemporary society: the struggle of labour and capital, the capital relation, is within us. This is the psychology of capital, which also entails that the class struggle – as the capital relation – also runs through us and fractures and divides our personhoods. It is argued that this monstrous psychology must be dissolved within capital: there is no outside or beyond to appeal to. We must side against ourselves as currently constituted. This can be achieved through forming and strengthening alternatives with- in and alien to capital, in collective and communising practices, and intellectual attacks. The argument has significant consequences for class and freedom in the project of leaving capital behind. Keywords: capital, psychology, class, freedom, dissolution, alternatives, communisation Introduction Imagine it is 1966, the 6th October to be precise, and a few months after England had won the World Cup. On BBC TV that evening episode 5 of the first season ofStar Trek is being broadcast. The episode is called The Enemy Within and Captain James T. Kirk is struggling against himself after a transporter malfunction when * [email protected] 9 NEW UNDERSTANDING OF CAPITAL IN THE TWENTY -FIRST CENTURY he is brought up from the surface of the planet Alpha 177. Rather than just a single Captain Kirk, another version, an evil version – so not an exact duplicate – is brought onto Starship Enterprise. The Evil Kirk causes havoc on the spaceship with the Good Kirk and Mr Spock trying to work out a solution. The situation is resolved when the sequence is reversed: Good and Evil Kirk are transported back to Alpha 117 and the two Kirk’s become as one – the original Captain James T. Kirk with good and bad aspects to his persona, integrated within a single person, yet nevertheless divided. Apparently, this episode of Star Trek was inspired by Robert Louis Stevenson’s story of Dr Jekyll and Mr Hyde, although in that story the division of good and evil manifests itself differently: rather than two aspects of the same person being generated as two bodies, we find the same body undergoing alchemical transmutation with good and evil aspects manifesting bodily at different times. The psychology of capital, the focus of this chapter, is more akin to the resolution at the end of The Enemy Within rather than the two grotesque examples of the two Kirks or Jekyll and Hyde. This will become clearer as the article progresses. After a brief section on exploring what Marx might have meant by real psychology the chapter draws from the writings of John Holloway and other Open Marxists such as Werner Bonefeld and Richard Gunn.
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