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Money and Abstract Labour

Money and Abstract Labour PDF Author: Ulrich Krause
Publisher: National Geographic Books
ISBN: 0860917495
Category : Political Science
Languages : en
Pages : 0

Book Description
Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx. Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of “homogeneous labor” as a basis of value theory, Krause develops his own understanding of the Marxist concept of “abstract labor,” which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx’s theory of value and surplus-value. Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.

Money and Abstract Labour

Money and Abstract Labour PDF Author: Ulrich Krause
Publisher: National Geographic Books
ISBN: 0860917495
Category : Political Science
Languages : en
Pages : 0

Book Description
Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx. Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of “homogeneous labor” as a basis of value theory, Krause develops his own understanding of the Marxist concept of “abstract labor,” which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx’s theory of value and surplus-value. Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.

Labour and Value: Rethinking Marx’s Theory of Exploitation

Labour and Value: Rethinking Marx’s Theory of Exploitation PDF Author: Ernesto Screpanti
Publisher: Open Book Publishers
ISBN: 178374782X
Category : Education
Languages : en
Pages : 124

Book Description
In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations. Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist.

Essays on Marx's Theory of Value

Essays on Marx's Theory of Value PDF Author: Isaak Ilʹich Rubin
Publisher:
ISBN: 9780919618114
Category : Business & Economics
Languages : en
Pages : 324

Book Description
Political economy, defined in the study of social relations and culture. Originally published in the former Soviet Union, was suppressed and after 1928 it was never re-issued. This is the first English-language edition. Includes an outstanding introductory essay on "Commodity Fetishism" by Freddy Perlman.

Money and Totality

Money and Totality PDF Author: Fred Moseley
Publisher: BRILL
ISBN: 9004301933
Category : Political Science
Languages : en
Pages : 433

Book Description
This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in Capital, based on substantial textual evidence, which emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory from beginning to end and the circuit of money capital – M - C - M’ – is the logical framework of Marx’s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III.

Money and Abstract Labour

Money and Abstract Labour PDF Author: Ulrich Krause
Publisher: Verso Books
ISBN: 1789606675
Category : Political Science
Languages : en
Pages : 200

Book Description
Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx. Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of "homogeneous labor" as a basis of value theory, Krause develops his own understanding of the Marxist concept of "abstract labor," which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx's theory of value and surplus-value. Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.

Marx and Living Labour

Marx and Living Labour PDF Author: Laurent Baronian
Publisher: Routledge
ISBN: 1135043760
Category : Business & Economics
Languages : en
Pages : 411

Book Description
From his early economic works on, Marx conceived the labour of any kind of society as a set of production activities and analysed the historical modes of production as specific ways of distributing and exchanging these activities. Political economy on the contrary considers the labour only under the form of its product, and the exchange of products as commodities as the unique form of social labour exchange. For Marx, insofar as the labour creating value represents a specific mode of exchanging the society's living labour, general and abstract labour cannot not only be defined as the substance or measure unit of the commodity, as in Smith or Ricardo, but foremost as an expense of living labour, i.e. of nerves, muscles, brain, etc. Hence the twofold nature of living labour, as a concrete activity producing a use value and an expense of human labour in general producing exchange value. Marx himself claimed that this twofold nature of labour creating value was its main and most important contribution to economic science. This book aims at showing how both determines the original categories and economic laws in Capital and constitutes the profound innerspring of Marx's critique of political economy. The role and function of living labour is highlighted by dealing with the difference between Marx and Classics' theories of labour value; money and the problems of its integration in economic analysis, especially in Keynes; the transition from feudalism to capitalism; the theory of capital through a discussion on the Cambridge controversy and the transformation problem; the labour process and the principles of labour management; unemployment and overpopulation; the formulas of capital in the history of economic thought; finally, an interpretation of the current crisis based on Marx's conception of overaccumulation and speculation after having distinguished it from underconsumption and stagnation theories of crises.

A World Beyond Work?

A World Beyond Work? PDF Author: Ana Cecilia Dinerstein
Publisher: Emerald Group Publishing
ISBN: 1787691438
Category : Social Science
Languages : en
Pages : 192

Book Description
This book mounts a forceful critique of fashionable thinking on the possibility of a post-work, post-capitalist society achieved through automation, a basic income and the reduction of working hours to zero, suggesting this popular utopia is nothing of the sort.

Time, Labor, and Social Domination

Time, Labor, and Social Domination PDF Author: Moishe Postone
Publisher: Cambridge University Press
ISBN: 9780521565400
Category : Business & Economics
Languages : en
Pages : 442

Book Description
Moishe Postone undertakes a fundamental reinterpretation of Karl Marx's mature critical theory. He calls into question many of the presuppositions of traditional Marxist analyses and offers new interpretations of Marx's central arguments. He does so by developing concepts aimed at grasping the essential character and historical development of modern society, and also at overcoming the familiar dichotomies of structure and action, meaning and material life. These concepts lead him to an original analysis of the nature and problems of capitalism and provide the basis for a critique of 'actually existing socialism'. According to this new interpretation, Marx identifies the core of the capitalist system with an impersonal form of social domination generated by labor and the industrial production process are characterized as expressions of domination generated by labor itself and not simply with market mechanisms and private property. Proletarian labor and the industrial production process are characterized as expressions of domination rather than as means of human emancipation. This reinterpretation entails the form of economic growth and the structure of social labor in modern society to the alienation and domination at the heart of capitalism. This reformulation, Postone argues, provides the foundation for a critical social theory that is more adequate to late twentieth-century capitalism.

In Marx's Laboratory

In Marx's Laboratory PDF Author:
Publisher: BRILL
ISBN: 9004252592
Category : Political Science
Languages : en
Pages : 451

Book Description
In Marx’s Laboratory. Critical Interpretations of the Grundrisse provides a critical analysis of the Grundrisse as a crucial stage in the development of Marx’s critique of political economy. Stressing both the achievements and limitations of this much-debated text, and drawing upon recent philological advances, this volume attempts to re-read Marx’s 1857-58 manuscripts against the background of Capital, as a ‘laboratory’ in which Marx first began to clarify central elements of his mature problematic. With chapters by an international range of authors from different traditions of interpretation, including the International Symposium on Marxian Theory, this volume provides an in-depth analysis of key themes and concepts in the Grundrisse, such as method, dialectics and abstraction; abstract labour, value, money and capital; technology, the ‘general intellect’ and revolutionary subjectivity, surplus-value, competition, crisis; and society, gender, ecology and pre-capitalist forms. Contributors include: Chris Arthur, Luca Basso, Riccardo Bellofiore, George Caffentzis, Martha Campbell, Juan Iñigo Carrera, Howard Engelskirchen, Roberto Fineschi, Michael Heinrich, Fred Moseley, Patrick Murray, Geert Reuten, Tony Smith, Guido Starosta, Massimiliano Tomba, Jan Toporowski, Peter D. Thomas, Joel Wainwright, and Amy Wendling.

The Constitution of Capital

The Constitution of Capital PDF Author: R. Bellofiore
Publisher: Springer
ISBN: 1403938644
Category : Political Science
Languages : en
Pages : 325

Book Description
The essays in this collection address specific themes in Volume I of Marx's Capital . Although the essays can be read independently, they present complementary perspectives on issues at the cutting edge of recent scholarship on Marx's work. Although all Parts of Capital I are discussed, the book is not intended to be a textbook. It will be read by specialists in the field as well as graduate students in the history of economic thought, political economy and philosophy.