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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-dept...
While the explicit Althusserian engagement with Marx’s Capital remained largely limited to Reading Capital, after 1968, Nick Nesbitt argues, this theoretical intervention remained insistent, adopting the form of a general theory of materialist dialectic. The book thus analyzes the Althusserianist theory of a materialist dialectic across diverse sites including Althusser’s unpublished archive, Macherey’s exposition of Spinoza’s Ethics, and Badiou’s Logics of Worlds, while simultaneously bringing this fully-developed theory of materialist dialectic to bear anew on the reading of Capital itself, to show that Spinoza's influence on Marx is far greater--and that of Hegel increasingly diminishing--than has been previously thought.
In this book Geert Reuten presents 21 of his previously published essays on the three volumes Marx’s Capital, dating from 1991–2019. The essays largely take the form of a summary of Marx’s text (a Volume or its Parts or Chapters) followed by an appreciation and (when required) a reconstruction. The book thus offers an overview of each of the three volumes of Capital, including their interconnection, as well as a focus on specific Parts of Capital. Throughout the general overviews and more focused analyses, Reuten emphasises Marx’s systematic-dialectical method and his monetary value-form analysis.
In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.
Against the background of growing uncertainty about the future development of capitalism, and in the face of war, terror and poverty, this book explores the central most important value of all social life: human dignity. It discusses practical consequences in relation to the theory of revolution and contemporary anti-globalization struggles.
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.
This book is the result of a three-day conference held in April 2014 at the University of Montreal, Canada, discussing the relevance of the work of Hegel and Marx in today’s world, particularly with regard to the ecological, economic, political and anthropological crisis facing humanity. Accordingly, the book an exploration of the specific nature of the crisis we face both in our everyday lives and in the realm of theory. However, if indeed the necessity of a proper critique (Kritikos) is intimately linked to a state of crisis (Krisis), the conceptual frame necessary to produce such a critique may itself be in crisis. Among the vast number of critical oppositions to contemporary capitalism...
In The Falling Rate of Profit and the Great Recession of 2007-2009, Peter H. Jones develops a new non-equilibrium interpretation of the labour theory of value Karl Marx builds in Capital. Applying this to US national accounting data, Jones shows that when measured correctly the profit rate falls in the lead up to the Great Recession, and for the main reason Marx identifies: the rising organic composition of capital. Jones also details a new theory of finance, which shows how cycles in the profit rate relate to stock market booms and slumps, and movements in the interest rate. He discusses the implications of the analysis and Marx and Engels’ work generally for a democratic socialist strategy.