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 […]
Value, Fictitious Capital and Finance. The Timeless of Karl Marx’s Capital
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
MEHRWERT und MEHR-GENIESSEN Zu Lacans Homologie-Behauptung
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
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
Remarks on Suzanne de Brunhoffs “Marx on Money”
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,
25 Theses at time (of capital)
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 law of the tendentious fall of the general rate of profit in capital Bd.3
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
Marx and the ecstatic labor force
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
general 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
simple and unfolded value form 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
The problem of the value form 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
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 Marxist concept of capital