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The Capital / Logic Debate
Here, Andy Blunden presents the first of two volumes on how Marx used Hegel's Logic in his Capital. In this first volume, Blunden reviews the current literature on the topic with detailed reviews of the contribution of 10 authors, representing the spectrum of approaches. Finding that present-day writers fail to understand the Logic and misrepresent Capital as a work of Logic, Blunden focuses on the passage in the Logic entitled "The Idea of the True," which is ignored by every writer in the present-day debate.
Accounting for Value in Marx's Capital
Many scholars discuss Marx’s Capital from many perspectives, but Accounting for Value uniquely advances and defends an ‘accounting interpretation’ of his theory of value, that he used it to explain capitalists’ accounts. It confirms and builds on the Temporal Single-System Interpretation’s refutation of the charge that Marx’s illustration of the ‘transformation from values to prices’ is inconsistent, and its defense of his ‘Law of the Tendential Fall in the Rate of Profit’. It rejects other interpretations by showing that only a ‘temporal’, ‘single-system’ interpretation is consistent with Marx’s accounting. The book shows that Marx became seriously interested i...
Marx’s Theory of Value in Chapter 1 of Capital
Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called “value-form interpretation” of Marx’s theory in general and Chapter 1 in particular. The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich’s work has emphasized the first chapter. Heinrich’s latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication of an English translation of Heinrich’s book is an important event in Marxian scholarship and it is important to critically engage with this important book in order to advance our understanding of this critical foundational chapter. This book emphasizes the quantitative issue of whether the magnitude of value and socially necessary labour-time are determined in production or also depend on exchange and demand, which has been the main issue in the controversy over the value-form interpretation.
The Mismeasure of Wealth
The Mismeasure of Wealth: Essays on Marx and Social Form gathers Patrick Murray’s essays reinterpreting Marx and Marxian theory published since his Marx’s Theory of Scientific Knowledge (1988), along with a previously unpublished essay and an introduction. Murray’s essays concentrate on Marx the historical materialist, the investigator of historically specific social forms of wealth and labour. There is no production in general; the production of wealth always involves specific social forms and purposes that matter in many ways. Marx’s attention to the dynamics and far-reaching consequences of historically specific social forms – in particular those that are constitutive of the capitalist mode of production – sets him off from classical political economy and traditional Marxism. In probing Marx’s dialectical accounts of the commodity, value, money, surplus value, wage labour and capital, The Mismeasure of Wealth establishes Marx’s singular relevance for critical social theory today.
Marxian Totality
The present volume represents the first book-length monograph on the Marxian concept of totality as seen from a philosophical and sociopolitical perspective. Drawing on a large number of classical and contemporary works, Boveiri elucidates the distinctive features of Marxian totality with a particular focus on its methodology. The work has four fundamental elements, or moments. First, it develops arguments against undialectical conceptions of totality. Then it presents a critical reading of Hegelian totality focused on The Science of Logic. Its penultimate section examines the shortcomings of two well-known conceptions of totality, one by Georg Lukács, another by Karel Kosík, before a final section examines in detail the developmental characteristics of Marxian totality. The volume concludes with a chapter dealing with methodological implications.
Beyond Liberal Egalitarianism
Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a normative point of view. However, most accept the liberal egalitarian thesis that the serious shortcomings of market societies (financial excess, inequality, and so on) could be overcome with proper political regulation. Building on Marx's legacy, Tony Smith argues in Beyond Liberal Egalitarianism that advocates of this thesis (Rawls, Habermas, Stiglitz, et al.) lack an adequate concept of capital and the state. These theorists also fail to comprehend new developments in world history ensuring that the 'destructive' aspects of capitalism increasingly outweigh whatever 'creative' elements it might continue to possess. Smith concludes that a normative social theory adequate to the twenty-first century must explicitly and unequivocally embrace socialism.
Value, Money and Capital
The book presents a high-impact re-reading of core topics in the Marx and Marxist debates including: value theory, the commodity nature of money, complex or skilled labour, the determination of the value of labour-power and the nature of extraordinary surplus-value. Drawing on this literature, the book provides original and innovative insights into key controversies in contemporary capitalism such as the increasingly intellectual character of commodity-producing labour, the emergence of global value chains, the relevance of ground-rent bearing commodities, and the specific, uneven developmental dynamics of "resource-rich" countries in the global process of capital accumulation. Contributing to the renewed vitality of critical studies of the economic works of Karl Marx, this book will be essential reading for all those interested in contemporary debates within Marxism, as well as readers of political economy, economics, development studies and economic sociology.
Marx at 200
The book provides new vistas on Karl Marx’s political economy, philosophy and politics on the occasion of his 200th birthday. Often using hitherto unknown material from the recently published Marx- Engels Gesamtausgabe (the MEGA2 edition), the contributions throw new light on Marx’s works and activities, the sources he used and the discussions he had, correcting received opinions on his doctrines. The themes dealt with include Marx’s concepts of alienation and commodity fetishism, the labour theory of value and the theory of exploitation, Marx’s studies of capital accumulation and economic growth and his analysis of economic crises and of the labour contract. Novel developments in the reception of his works in France and the UK conclude the volume. This book was originally published as a special issue of The European Journal of the History of Economic Thought.
