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Socialism, Markets, and the Critique of Money
This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.
Socialism, Markets, and the Critique of Money
This book provides a comprehensive overview of historical and international debates on the theory of "labor money" or "labor notes." These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx's critique of "labor money" that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships. Tsuyoshi Yuki is Professor in the Graduate School of Humanities and Social Sciences at Saitama University, Japan.
A Mathematical Approach to Marxian Value Theory
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.
Resisting Neoliberal Capitalism in Chile
This book explores the relationship between recent theoretical debates around the fate of critique of neoliberal capitalism and critical theory, on the one hand, and the critical theories generated in and by social movements in Chile, on the other. By taking the idea of social critique as a field that encompasses both critical social theories and the practices of social criticism carried out by social movements, Resisting Neoliberal Capitalism in Chile explores how the student and the Pobladores movements map, resist and contest neoliberal capitalism in commodified areas such as education and housing in Chile, one of the first ‘neoliberal experiments’ in Latin America and the world.
The Migration Turn and Eastern Europe
Using Marxist and Polanyian frameworks, this book examines the structural and discursive transformation that can explain the polarization of migration debates and within the rise of nationalist anti-migrant discourses in Europe with a special attention to Eastern Europe and Hungary. It goes beyond the mainstream explanations of these phenomena that uses nationalist propaganda as causal factors and instead argues that the rise of anti-immigration currents cannot be understood without a dialectical and historical analysis of the material and discursive transformations, most importantly marketization and related reification. Drawing from thinkers such as Lukács, Polanyi, and Gramsci as well as diverse empirical sources including demographic studies, historical modelling, and discourse analyses, Migration Turn and Eastern Europe is a unique and rigorous study of one of the most pressing and puzzling political and sociological questions of our time.
State Socialism in Eastern Europe
This volume brings together a diverse set of scholars to address the long theoretical, conceptual and political debate on the interpretation of “actually existing” socialism in the Soviet Union and Eastern Europe. While the major paradigms – totalitarianism, neo-totalitarianism, revisionism, post-revisionism, modernization, and the world-system analysis – are well known in the Western (English-language) literature, the concept of state socialism, which has strong theoretical roots in Hungary (going back to the works of György Lukács and István Mészáros) received less international attention. This book contributes to a productive discussion about viable alternatives to capitalism...
Marx, Alienation and Techno-Capitalism
In this book, translated into English for the first time, Lelio Demichelis takes on a modern perspective of the concept/process of alienation. This concept—much more profound and widespread today than first described and denounced by Marx—has largely been forgotten and erased. Using the characters of Narcissus, Pygmalion and Prometheus, the author reinterprets and updates Marx, Nietzsche, Anders, Foucault and, in particular, critical theory and the Frankfurt School views on an administered society (where everything is automated and engineered, manifest today in algorithms, AI, machine learning and social networking) showing that, in a world where old and new forms of alienation come together, man is increasingly led to delegate (i.e. alienate) sovereignty, freedom, responsibility and the awareness of being alive.
Financial Capital in the 21st Century
The book’s central theme is to develop a new theory of speculative capital related to other forms of capital, the world market, and the state. Unlike most Marxist and heterodox theories, the book distinguishes credit and fictitious capital from speculative capital to show its hegemony today in the capital markets. Speculative capital structures and also controls the so-called “real capital.” The method is Marxist while also incorporating material from contemporary Marxist and heterodox authors like John Milios, Robert Meister, Tony Norfeld, Li Puma, Harald Strauß, Michael Heinrich, Suhail Malik, Bichler/Nitzan and Ellie Ayache. Offering a comprehensive study of the logic and mode of existence of capital in the 21st century, the book will be of interest to academics and students of monetary and financial economics alongside political economy.
Automation and Autonomy
This book argues that Marxist theory is essential for understanding the contemporary industrialization of the form of artificial intelligence (AI) called machine learning. It includes a political economic history of AI, tracking how it went from a fringe research interest for a handful of scientists in the 1950s to a centerpiece of cybernetic capital fifty years later. It also includes a political economic study of the scale, scope and dynamics of the contemporary AI industry as well as a labour process analysis of commercial machine learning software production, based on interviews with workers and management in AI companies around the world, ranging from tiny startups to giant technology f...
Marxism and Historiography
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.
