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This book provides an original account of financialisation and outlines the creation of fictitious profits as a basis to describe the present phase of capitalist accumulation in the neoliberal era. Making innovative theoretical elaborations on Marx’s notion of fictitious capital, Financial Speculation and Fictitious Profits offers a dialectic analysis of the increasing financialization during this crisis-ridden period based on the original concepts of fictitious profit and fictitious wealth. Combining the most important research from over twenty years of scholarly inquiry with groundbreaking new studies, Financial Speculation and Fictitious Profits is more than a collection of texts by political economists on a contemporary topic; it is a synthesis of an intense process of academic production that began with work of Karl Marx and has resulted in the formulation of a differentiated interpretative perspective on the contemporary evolution of capitalist crisis.
This book clarifies the quantitative relationship between time, money, and labor productivity from the perspective of Marxian labor theory of value. The book is divided into four main parts. Part I introduces the relationship between time and money in the context of Marxian value theory. Part II explores the theory of labor exploitation. Part III turns to analysis of the rate of profit, which is a primary characteristic of classical and Marxian economics. Part IV is devoted to suggesting a new research direction in light of the main conceptual innovation of the book.
This book represents a valuable contribution to the history of the Socialist Second International and, more generally, of European socialism between the Great Depression of the 1880s and WWI. It comes to fill a gap in the scholarship, insofar as it investigates the history of the Socialist Youth International. During the first phase of the making of socialist parties, this organization was in charge of the political and cultural education of the proletarian youth. Capitalizing on an approach based on social, quantitative and political history, and on an analysis of mentalities and languages, the book reconstructs the many-sidedness of the “school of recruits” of the social-democratic and...
This book approaches migration from Marxist feminist, anti-imperialist, and anti-colonial perspectives. The present conditions of transnational migration, best described as a kind of social expulsion, include migrant caravans and detained unaccompanied children in the United States, thousands of migrant deaths at sea, the razing of self-organized refugee camps in Greece, and the massive dispersal of populations within and between countries. Placing patriarchal capitalism, imperialism, racialization, and fundamentalisms at the center of the analysis, Marxism and Migration helps build a more coherent and historically-informed discussion of the conditions of migration, resettlement, and resistance. Drawing upon a range of academic disciplines and diverse geopolitical regions, the book rethinks migrations from the vantage point of class struggle and seeks to ignite a more robust discussion of critical consciousness, racialization, militarization, and solidarity.
Reading different or controversial intentions into Marx and Engels’ works has been a common but somewhat unquestioned practice in the history of Marxist scholarship. Engels’ Dialectics of Nature, a torso for some and a great book for others, is a case in point. The entire Engels debate separates into two opposite views: Engels the contaminator of Marx’s “new materialism” vs. Engels the self-educated genius of dialectical materialism. What Engels, unlike Marx, has not enjoyed so far is a critical reading that considers the relationship between different layers of this standard text: authorial, textual, editorial, and interpretational. Informed by a historical hermeneutic, this book ...
This book is a complete presentation of the most important themes of Theodor W. Adorno’s critical theory, and of its relevance for the understanding of the modern society. After an Introduction, which traces Adorno’s biographical and intellectual profile, the book is structured in three parts. The first is devoted to theoretical philosophy, and in particular to the concepts of philosophy, negative dialectics and metaphysics, and his aim is to clarify the Adornian understanding of such difficult concepts. The second is devoted to the main themes of Adorno’s social theory: the concept of domination, the relationship with Marxism, the theory of the decay of the individual, the critique of mass manipulation. The third part is devoted to aesthetics and culture criticism, and entails a conclusion in which the author outlines a confrontation between the Adornian and the Habermasian critique of modernity.
Eminent Italian historian Giovanni Levi once notably remarked that “no one is a Marxist anymore,” pointing to a paradox in Italian cultural history. While what is called "Marxism" was supposedly hegemonic over Italian culture, and especially history writing, for decades in the postwar period, it then seems to have suddenly disappeared. This study questions such a vision of a monolithic and hegemonic Marxism. It starts from the most effective anecdote to all ideologising narratives—that is, research into the texts themselves. It sees the Marxist historiography of the post-1945 period as a "history in the making," in which references to Marxian theory were a fundamental factor driving historiographical innovation. This allows the book to bring to light a highly original experience in the development of historiography, based on the long Italian tradition of reflection on historical knowledge.
The Communist Party appeared a hundred years ago on the French political and social scene. According to opinions and moments, it has been the party of Moscow, of those shot, of the working class, of the union of the left, the party of the foreigner or that of the nation. It has been underground, in government, in town halls, in factories or in the streets. Some considered it too revolutionary, others not enough. More than others, it aroused passions, positive or negative. It attracted many and repelled just as many. After the fall of the USSR, it decided to remain a communist party, while many others gave it up. But it no longer has the place it once had, in reality as in the imagination. This book does not intend to judge, but to provide keys to understanding. It is based on a considerable number of archives that are now available and is an ordered and distanced look at an object that is not lacking in complexity and no doubt even in mystery. This book has been translated from French to English thanks to a financial help from the Gabriel Péri Foundation and the LIR3S UMR Cnrs 7366 of Dijon.
This book analyses the development of Rosa Luxemburg (1871–1919) as an outstanding Marxist thinker and socialist politician in the era of imperialism and revolution. Identifying the driving force behind Luxemburg’s development as the deep unity between her passionate, emphatic life and her political and theoretical work, the authors retrace the inner dynamics of its different stages while highlighting the deep rupture caused by the experience of the Russian Revolution. On the basis of new publications of her Polish works and other writings, Luxemburg's strategic approaches are located in an Eastern European context. The authors discuss Luxemburg’s unique analyses of the first experimen...
This book is the first collection within political theory to examine the ideas and debates of the German Revolution of 1918/19. It discusses the political theorists and actors of the revolution and uncovers an incredibly fertile body of political thought. Revolutionary events led to the proliferation of new political strategies, theoretical insights and institutional proposals. Key questions included the debate between a national assembly and a council system, the socialisation of the economy, the development of new forms of political representation and the proper role of parliaments, political parties and trade unions. This book offers novel perspectives on the history of the revolution, a thorough engagement with its main thinkers and an analysis of its relevance for contemporary political thought.