Post by: John Milios

EconoFiction

On the Character of the Current Economic Crisis

15 Sep , 2018  

Spyros Lapatsioras,1 Leonidas Maroudas,2 Panayotis G. Michaelides,3 John Milios,4 D. P. Sotiropoulos,5

1. Introduction

In the third chapter of Capital Marx observed: “As long as the social character of labour appears as the money existence of the commodity and hence as a thing outside actual production, monetary crises, independent of ...

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EconoFiction

The Origins of Capitalism as a Social System

13 Sep , 2018  

Chapter 1 highlights the fundamental characteristics that, in their interconnectedness, distinguish capitalism from all other social systems: (i) wage labour, (ii) monetization of the whole economy (money-begetting money), (iii) concentration of the means of production and dissociation of the capitalist from the labour process as such, (iv) free competition and ...

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EconoFiction

Internationalisierung des Kapitals und Nationalstaat.

30 Aug , 2018  

Internationalisierung des Kapitals, Gesamtkapital und Nationalstaat

Der Begriff “Internationalisierung des Kapitals” impliziert in der marxistischen Theorie zwei verschiedene Interpretationen der kapitalistischen Weltwirtschaft: Die meisten Analysen verstehen sie als einen Ausdruck des internationalen Charakters der Kapitalbeziehung; die kapitalistische Weltökonomie wird als eine einheitliche Struktur, in die die Nationalökonomien und die Nationalstaaten ...

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EconoFiction

Imperialism or (and) Capitalist Expansionism

16 Aug , 2018  

Abstract

This paper critically reviews some fundamental theses of the theories of imperialism. It claims that a theory of imperialism, if based on Marx’s theory of capitalism, shall on the one hand reject the traditional monopoly-capitalism approach and on the other adopt a broader definition of imperialism, denoting the (economic, ...

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Biopolitics

Transcending the nation: a communist strategy in the era of globalization. A reply to Velissariou

18 Jul , 2018  

ABSTRACT
Neoliberalism and austerity are not ‘false policies’, but strategies of increasing profits by reducing labor and welfare costs. In the process of dismantling labor rights and the welfare state, a part of the population is being marginalized. It becomes ‘superfluous’, and its livingconditions approach those of the inflowing refugee ...

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EconoFiction

Marx’s Critique of (Ricardian) Political Economy, the Quantity Theory of Money and Credit Money

25 Jun , 2018  

The Marxist concept of value is very frequently equated, whether explicitly or merely tacitly, with the corresponding Ricardian concept of “labour expended”. This paper argues that unlike the Ricardian theory of value, the Marxist theory of value is a monetary theory. In the Marxist system, the value of a commodity

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Documentation, EconoFiction

Marx’s Monetary Theory of Value and Capital and Contemporary Capitalism

5 Mai , 2018  

Contemporary capitalism is characterized on the one hand by ‘liberalization’ of markets, flexibility and restructuring of production structures in a direction undermining the workers’ rights and living standards, and on the other by a huge expansion of the financial sphere. The aim of this lecture is to show that Marx’s ...

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EconoFiction

Karl Marx and the Classics

28 Apr , 2018  

Karl Marx and the Classics
An Essay on Value, Crises and the Capitalist Mode of Production

by John Milios, Dimitri Dimoulis and George Economakis

Marx’s Critique of Political Economy constitutes not a “correction”  of Classical Political Economy’s “mistakes” or “misunderstandings ”, but the formation of a new theoretical domain, shaping ...

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EconoFiction

Marx’s Value Theory Revisited. A ‘Value-form’ Approach

12 Apr , 2018  

Marx’s  Capital  does not present an analysis of different economic ‘models’ of ‘themes’ (first the ‘simple commodity production’, then the ‘capitalist commodity’, etc.). It has a unique object of study,  the capitalist mode of production  (i.e. the immanent regularities and tendencies of capitalist social relations), which Marx analyses, first of ...

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EconoFiction

The character of the crises: Seeking a way-out for the social majority

25 Mrz , 2018  

Dear comrades and friends,

In order to answer the question stated by the organizers of  this very important meeting, we must speak about neoliberalism and the financial sphere.Neoliberalism is a form of capitalist exploitation, i.e. of extracting surplus valueand stren gthening the power of capital over the working classes and ...

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EconoFiction

Werttheorie, Ideologie und Fetischismus

16 Feb , 2018  

Werttheorie, Ideologie und Fetischismus

Dimitri Dimoulis, Jannis Milios

1. Die Frage des Fetischismus

Der Warenfetischismus ist ein “klassisches” Thema der marxistischen Literatur1. Er ist nicht nur ein zentraler Bezugspunkt für die Werttheorie und für die Analyse des bürgerlichen Rechts und Staates, sondern auch eine “große Konstruktion der modernen Philosophie”2. Die ...

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EconoFiction

After Brexit and Donald Trump: Is Nationalism challenging Neoliberalism?

29 Jan , 2018  

Dear friends and comrades,
I will argue that the return of statist and nationalist policies does not actually mean that Neoliberalism is being challenged. Neoliberalism is a form of capitalist goverrnmentality, a form of organizing the power of capital over the working classes and the social majority. It is based ...

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Documentation, EconoFiction

On the Character of Marxian Theory, “Ricardian Marxism” and the Role of F. Engels

21 Jan , 2018  

Exposition of the basic points of the Marxist theory of value and its ideological implications, of money (Parts I and II), of social capital and of crises (Parts III and IV) makes it clear that the theoretical analysis (the system of concepts and their logical implications) in question is not ...

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EconoFiction

ON MARX’S CRISIS THEORY IN THE ORIGINAL MANUSCRIPT OF THE 3RD VOLUME OF CAPITAL

12 Jan , 2018  

The notion of capital overaccumulation, as constructed by Marx in Volume 3 of Capital on the basis of his “preliminary definition” of “absolute overproduction”, is considered in this paper as the key element of Marx’s crisis theory. Following what the author considers as the logic of Marx’s analysis, the paper ...

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EconoFiction

“Third Persons” and Reproduction: A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes

28 Nov , 2017  

 

George Economakis and John Miliosi

Abstract

The aim of the present paper is to critically present Rosa Luxemburg’s critique to Marx’s reproduction schemes of a pure capitalist economy in Volume 2 of Capital, as a point of departure in order to afterwards criticize the main postulate of (Marxist) ...

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