In order to obtain the general form of value from the unfolded form of value, only the simple operation of inversion is required, which implies that we are virtually dealing with a simultaneous second and third form of value. The […]
Most Marxist discourses understand both technology, the logical discourse on the teleology of complete mastery of nature, which proves to be the decisive orientation for the Western natural sciences, and the technical object, the practical object of the theoretical sciences,
There’s an old joke that economics is too important to be left to economists. In the same vein, I think rich people are too important to be left to the self-help industry. Yes, the popular appeal of you-can-get-rich-too books is
Stocking Up on Wealth … Concentration
In the course of the industrial use of electricity and the emergence of new communication and transport technologies and routes (including their partial nationalization), the gradual process of the dissolution of the classical machinery of the industrial age, or at
Hans-Dieter Bahr and the handling of machines
In the North, on the first front, the Kurdish region, the PYD/YPG forces have seized the historic opportunity to gain an independent region. A second front is the vast area stretching from Syria to Iraq, held by the Islamic State
Capitalist crisis in the Middle East
What if Virilio’s compelling rendering of integral accidents – as “chain reactions” of “incidents and disasters” – is turned inside out, into the heart of capitalism’s much-vaunted capacity for so-called innovation? Integral accidents issue from capitalism’s specific integration of power,
Cui bono? For whose benefit? Think of this question as a sword — a sharp piece of steel that cuts through bullshit. In this post, we’ll use it to slice through business-press bullshit about the stock market. You know the
When Stocks Go Up, Who Benefits?
In ABC, Deleuze says: “Listen, this respect for the ‘rights of man’ – it really makes me want to make almost abhorrent statements. It belongs so much to the weak thinking of the empty intellectual period we were talking about
As we have already indicated in Capitalization vol. 2 (Szepanski 2014b), the Greek economist John Milios has offered an important approach to a precise conceptual determination of the contemporary capital relation with his monetary theory of value, based on the
In the hustle and bustle of climate scholarship it’s easy to lose sight of something fundamental about the climate crisis: it’s the direct outcome of the bourgeoisie’s drive to turn all life into profit-making opportunities. The climate crisis is a
Power, Profit and Prometheanism, Part II: Superexploitation in the Web of Life
In the next section, Meister tries to develop tools by which justice-seeking movements could extract amounts of money to, in turn, generate liquidity for themselves, something that governments, hardly interested in justice, are unlikely to want to do. Thus, movements
Robert Meister’s book „Justice is an Option“ (5) – A Revaluation of the Financial Markets
Robert Meisters Buch trägt den Untertitel “Eine demokratische Theorie der Finanzen für das 21 Jahrhundert.” Auf den ersten Blick sind in dem Titel zwei verschiedene Themen enthalten: Justiz und Demokratie auf der einen Seite, Finanzen und Finanzmärkte auf der anderen
Wer kann die Option der Gerechtigkeit ausüben?