Commodity Fetishism vs. Capital Fetishism. Marxist Interpretations vis-à-vis Marx’s Capital

Dimitri Dimoulis and John Milios

In Marx’s analysis of the Capitalist Mode of Production and more precisely in his theory of value, the key to decipher the capitalist political and ideological practices and structures is to be found. In this context, many Marxists believed that the analysis of “commodity fetishism” in Section 1 of Volume 1 of Capital renders the basis for understanding ideologic al domination and political coercion under the capitalist rule. The authors argue, that “commodity fetishism” is only a preliminary notion, which allows Marx to arrive, in subsequent Sections of Capital , at the concept of the “fetishism of capital”.
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