commodity

Money and Capital – Basic ideas of an updated Marxism

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 …

Money and Capital – Basic ideas of an updated Marxism

Use value stimulation: Making the ShoppingMall distinguishable from the rubbish dump

Apart from the distinction between the supra-historical dimension of use value, which is expressed in the fact that there are objects that satisfy needs at all, and the dimension of the thoroughly capitalistically structured use value qua value abstraction (which …

Use value stimulation: Making the ShoppingMall distinguishable from the rubbish dump

Value, Fictitious Capital and Finance.The timeliness of Karl Marx’s Capital

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 – …

Value, Fictitious Capital and Finance.The timeliness of Karl Marx’s Capital

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