Karl Marx is not a proponent of classical value theory as labour expended. Marx developed in Capital and his other mature economic writings a monetary theory of value and capital.2 He analysed value as an expression of relations exclusively characteristic of the capitalist mode of production. Value registers the rela-tionship ...
La plus-value c´est ça,
c´est le plus de jouir…
(Jacques Lacan, Milano
12.05.1972)
Lacan gibt bekanntlich im Seminar 17 (1969/70) eine eigenwillige, von Hegels Herr-Knecht-Dialektik inspirierte (oder von Alexandre Kojève animierte) Begründung des Kapitalismus. Er behauptet dort, daß der Knecht dem Herrn die(se) Mehrlust schuldet: „Was auf der Ebene von ...
featured, Homologie, Kapital, Lacan, marx, Mehr Genießen, mehrwert
To continue from our conclusions regarding the question of what it would mean to love as a communist, we begin from the idea that abolition is what necessary binds communism as real movement to problems encountered in the life of desire, of the heart, of the family. And one key ...
Recently, the writings of Suzanne de Brunhoff (1929-2015), largely unknown at least in the German-speaking world, have again been mentioned by some Marxist economists and philosophers. Tony Norfield refers to Brunhoff in his book “The City” in a footnote in connection with the little-discussed role of private banks as creators ...
1) Economic quantities can be changed in time precisely because money, as a so-called transcendental signifier of capital, has the quality of a pure quantity, whereby money is released from current acts of exchange and thus, as a monetary sign, accounts for the time accumulated in the commodity, which in ...
capital, credit, derivatives, finance, marx, marxism, money, non-philosophy, time
In the opinion of Georgios Stamatis, Marx, in presenting the law of the tendentious case of the general rate of profit, equates value and price, among other things, in order to disregard the effect of the so-called Wicksell effects (including the observation of the relationship between the rate of profit ...
capital, fall of profitrate, Gesamtkapital, innovation, marx, marxism, profitrate
Quite in contrast to mechanics, which defines the concept of force as the result of mutually canceling forces in their relationship to each other, Marx also seems to have always been intent, in his critique of political economy, on breaking the beautiful appearance of the balance and stability of the ...
Equivalence and Abstraction
The value forms presented so far contain an asymmetric or polar relation, whereby the property of symmetry and consequently the equivalence relation, which always includes referentiality, can already be established in the simple value form by means of the operation of reversing the respective “equation”. Here the ...
abstraction, equivalence, marx, marxism, value theory, value-form
In order to obtain the general value form from the unfolded value form, only the simple operation of reversal is required, which implies that we are dealing virtually with a simultaneous second and third value form. Now commodity A no longer expresses its value (as in the ...
On the one hand, we take a look at the so-called capital-logical reading (which has been widely discussed since the 1968 student movement, especially in Germany, based on Hans-Georg Backhaus as an analysis of value forms, cf. Backhaus 1997/ Elbe 2008) and on the other ...
Within the framework of value form analysis, Marx is not concerned with analyzing the exchange relationships of goods, whether as historical or logical, or as historical-logical forms of exchange, since capitalist exchange relationships with their quantified units and relations are already assumed in the ...
Even for Marx, an important consequence of extracting added value in the production of goods is that the added value is transformed into what we now call an asset. In this context, the asset is a means of preserving added value on the one hand and of accumulating it on ...
Dirk Baecker writes in a current article: “Capital too must not be thought in singular terms, but in plural terms”. If he then immediately jumps to the competition, he follows a trail without being able to represent and explain connections. The miracle formula is called: Singular=Plural. We will show that ...
Interview with Autonomie Magazin and Achim Szepanski
Achim, you published three books in 2018 alone. The Introduction to Economics “Capital and Power in the 21st Century”, a book with three essays on “Imperialism, State Fascisation and the War Machines of Capital” and, together with Karl-Heinz Dellwo and J. Paul Weiler, ...
Marx has assigned the financial instruments exclusively to the sphere of circulation and analysed their function separately from the functioning of the technologies or physical means of production, which preserve the past wealth and at the same time enable a future demand for goods produced. In Marx’s case, when it ...
As a pure form of the “alienation of the capital relationship”, as Marx writes, money and capital markets emerge, which today confirm day by day that credit money, government bonds and synthetic securities as fictitious or speculative capital determine the economy in the last instance. And when Vilém Flusser writes ...
If one wants to follow the Japanese philosopher Kojin Karatani, Marx has posed the problem of the value form and value in the course of the theoretical treatment of the antinomy of intrinsic value and value relativism. (Cf. Karatani 2003) For Marx, this problem presented itself as follows with regard ...
Cybernetics and Class
Why speak of a global proletariat in the context of cybernetic capital? The term “cybernetics” has two meanings. The first is the school of thought that developed its theories for the British and American military in the 1930s through experiments in radar technology, ballistics and the construction ...
capital, class composition, class struggle, cybernetics, imperialism, logistics, marx, marxism, vortex
The actualization of value depends on material, symbolic money, which as the counterpart of value – counterpart, insofar as money nourishes the illusion of being able to give crisisless form to the potentially infinite of exploitation – affirms and actualizes its assertiveness in the price form. To this end, it ...
Not the problem of the transfer of the value or the reproduction of the value share of the fixed capital, which Marazzi described in his essay The Amortization of the Body Machine (Marazzi 2012: 35ff.) (according to which the constant capital is produced twice through the operation of transmission), the ...
machinic surplus value, marx, marxism, productivity, surplus value
With the reference to the phylogeny of machines, which ranges from complex tools to machines driven by motors to automatons, Marx always combines a genealogy of technology shaped by capital and thus clearly sets himself apart from a transhistorical theory of the evolution of technology. Marx writes: “Work is organized ...
engine, factory, machine, marx, marxism, organic composition of capital, prime mover, relative surplus value
Marx has often spoken of the dwarfish and narrow-minded idea of the German petty bourgeois. Without a doubt, this also applies today to the remaining stocks of German left-wing academics and their Marx reading, as one could see again on the occasion of this year’s Marx Party. There is swaggering, ...
determination in the last instance, infrastructure, marx, marxism, non-laruelle, non-marxism
The world economy is currently in a phase of secular stagnation with persistently low growth rates of the real gross domestic product.1 The litanies of boundless economic growth that the representatives of capital and the imperialist states repeatedly prayed to the populations after the Second World War have literally come ...
capital, derivatives, economy, imperialism, marx, marxism, money, power
