Alan Freeman
The conference title is ‘Class, State and Nation’. My title is ‘What is to be done?’, a steal from Lenin, but at historical moments like ...
Any heterodox project is compelled to begin by articulating a problem or set of problems it proposes to address (otherwise why heterodoxically begin at all?). When studying finance at our present moment, the particular problem to which we are alerted is a political economic problem whose particularity Deleuze as a ...
Spyros Lapatsioras/John Milios/Dimitris P. Sotiropoulos
Financial intermediation is a sui generis service itself and is therefore a productive activity striving for profit maximization, like any other sector of the capitalist economy.
read here ...
Capitalism was always, and will never cease to be exploitative, domineering, speculative. But it will not disintegrate or decay due to its exploitative, domineering, speculative character, certainly not due to the supposedly specifically “predatory” function of the financial sphere – as opposed to the “productive role of industry”. It will ...
capital, commodity, fictitious capital, finance, power, speculative capital
Der Schweizer Soziologe Peter Streckeisen will „das Marx’sche Hauptwerk mit soziologischer Brille so neu lesen, dass es zur Inspirationsquelle einer Kritik an den üblichen Kapitalbegriffen sowie der konzeptuellen Schärfung und Weiterentwicklung soziologischer Kapitaltheorie werden kann“. (S. 14)
Nachdem er vier „Elemente einer soziologischen Lektüre des Kapitals“ (von Marx) vorgetragen ...
Bourdieu, capital, Fetischismus, Kapitaltheorie, marx, marxism
Michel Feher claims in his new book, Rated Agency, that capitalized capitalism, which started in 1970, is akin to a Copernican revolution in that the new regime of capital accumulation no longer focuses on industrial companies based on vertical integration and internal growth, but on this regime both companies as ...
capital, debt, derivatives, marx, marxism, money, speculative capital
Nicht das Problem um die Übertragung des Werts bzw. der Reproduktion des Wertanteils des fixen Kapitals, das Marazzi in seinem Essay Die Amortisation der Körper-Maschine (Marazzi 2012: 35ff.) behandelt (dem zufolge das konstante Kapital durch die Operation der Übertragung zweimal produziert wird), steht hier im Vordergrund, sondern unter anderen Gesichtspunkten ...
capital, differenzielle Akkumulation, featured, marx, marxism, maschineller mehrwert, Maschinen, mehrwert
In a text from 1973, which appeared in the Kursbuch, the sociologist Manfred Clemenz has introduced the concept of structural state fascism, the author assumes that there are no fundamental functional differences between the forms of parliamentary democracy and the fascist states of exception, but just only phenomenological changes are ...
capital, governace, marxism, state fascism, state paranoia, state theory, world market
This text with images was originally presented at the Historical Materialism New York conference in May of 2011. Given the context, the text does not go into the sort of detail the matter really requires. A longer version is likely destined for an anthology of writings on contemporary tactics, strategy, ...
capital, crises, debt economy, financialisation, space, time
This paper argues that the conception of ‘money endogeneity’ formulated and defended by Post-Keynesian economists can be founded on a coherent and theoretically sound way only on the basis of Marx’s theory of value, which the author comprehends as the par excellence monetary value theory. The Marxist reformulatio of the ...
capital, Keynes, marx, monetary world, money, money endogenity
Der Kauf und Verkauf von Geldkapital, seien es nun in Form von Aktien, Wertpapieren oder Derivaten, wird an sog. Geld- oder Kapitalmärkten abgewickelt. Man sollte aber dringlichst vermeiden, hier den Begriff des Marktes womöglich als konkretes Universal überzustrapazieren, vielmehr wäre es angebracht, diese Art strukturell-sozialer Raum als Distribution von Distributionen ...
Warum Leute reich werden und bleiben ist bereits hinlänglich gesagt. Brechts Diktum, dass Armut und privater Reichtum miteinander funktional verbunden sind, dass der private Reichtum Einzelner auf der relativen Verarmung der Vielen beruht, ist allgemein geläufig. Marx unterstrich, dass das Kapital, dargestellt durch die Charaktermasken der Eigentümer, von Kopf bis ...
capital, finance, Finanzsystem, funktioneller Psychopath, Geld, Kapital, Shareholder-Value, Superreiche
The rise of finance makes capitalist exploitation more effective but heav-ily reliant on market liquidity. When the latter evaporates, the whole setting quickly disintegrates. In other words, the demand for more discipline within capitalist power relations makes the economic milieu more vulnerable and fragile. Financial instability in our contemporary societies ...
capital, derivate, Finanzmärkte, marx, marxism, monetary theory of value, money
150 years after its publication, Marx’s Capital remains stunningly relevant today. In essence, it is a research program launched by Marx without ever having been completed, and which is basically an ongoing project, as its object is, as Marx himself explains, the “ideal average” of the capitalist system, the causal ...
Wir legen hier in drei Teilen einen Vorbericht zu dem Buch Das spekulative Kapital vor, welches die erste umfassende Studie einer neuen Kapitalform beinhaltet, die die Ökonomien des 21. Jahrhunderts beherrscht. Dabei beziehen wir uns in diesem Bericht des öfteren auf LiPumas Buch The Social Life of Financial Derivatives: Markets, ...
capital, derivate, finance, Finanzmarkt, marxism, Shareholder-Value, spekulatives Kapital
Through a discussion of Nike’s Flyknit this essay deal with recent struggles and socioeconomic/technological trends in China, their relation to changing fashions in the West and possible forms of resistance that may emerge in global supply chains..
Note: Much of the material on China below is drawn from the important ...
capital, china, class struggle, marxism, Nike, sabotage, supply chain
Dimitris P. Sotiropoulos
John Milios
&
Spyros Lapatsioras
Abstract: This article proposes the necessity to return to Suzanne de Brunhoff’s Marxist monetary theory in order to conceptualise the relationship between production and social reproduction within financialised capitalist social relations. De Brunhoff maintains a commitment to understanding «money as money» or money as an independent variable, with a ...
capital, circulation, credit, marx, marxism, money, production
Writing a century and half ago, it was Marx’s particular theoretical genius to see right through the opening moments of industrial capitalism to its closing moments in the form of virtual capital moving at the speed of circulation. Ironically, as a thinker who was historically fixed in the immediate vicissitudes ...
capital, circulation, dark futurist, marx, marxism, Non_Marxismus
…quelque chose de follement astucieux, hein?
J. Lacan, Mailand 12.5.1972
Es gibt zum Kapitalistischen Diskurs von Lacan mehr Literatur als man denkt. Allerdings, verglichen mit dem französisch-, vor allem aber englischsprachigen gibt es im deutschsprachigen Raum nur wenige Titel. Unter den ca. 30 Titeln insgesamt, die uns bekannt sind, gibt ...
Biopolitik postmoderner Körper, capital, featured, kleines object a, Lacan, Psychoanalyse
Im Rahmen der 23. Linken Literaturmesse in Nürnberg stellte Achim Szepanski zusammen mit Karl-Heinz Dellwo das von ihnen gemeinsam mit J. Paul Weiler herausgegebene Buch “Riot – Was war da los in Hamburg? Theorie und Praxis der kollektiven Aktion” [1] vor. Im Anschluß daran beantwortete er dem Schattenblick einige vertiefende
Biopolitik postmoderner Körper, capital, derivate, finance, finanzielles Kapital, G 20, Imperialismus, Riot
