1) For Laruelle, philosophy always revolves around dualities or differences, being – other, theory – practice, ontic-ontological, etc.
2) Laruelle leaves this terrain to fully invest his thinking power in the solutions of the One’s problem, or more precisely to develop an irreversible thinking in one or according to the ...
althusser, determination in the last instance, laruelle, marxism
George Economakis and John Milios
ABSTRACT
On the basis of a Marxist analysis of capitalist relations of classpower and the class configuration in contemporary advanced capitalist societies, the paper investigates the consequences of the recent economic crisis and of the neoliberal capitalist strategies in Greece (austerity, market liberalization and privatizations), ...
althusser, class, crisis, greece, marxism, modes of production, Poulantzas, structuralism
One should by no means identify the abstract time of capital with a linear and homogeneous order of time, in which, in a continuous flow of time running ahead on the time stream, each time stage simultaneously excludes the other (past – present – future), ergo with a linear time, ...
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 ...
While there are important parallels between the national market and the world market, the latter is not simply a subcategory of the latter. A more detailed analysis of the world market reveals that it is more than just the aggregation of states and enterprises, namely a complex structure, a chain ...
Capital as Power, finance, imperialism, logistics, marxism, world market
As early as 400 years ago, English goldsmiths began to create paper money by administering their customers’ gold coins and issuing a kind of certificate on them (indicating the amount of gold they had stored) and then lending it as quasi-money, without any further savings being made. Since it rarely ...
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 ...
Frederic Jameson is quite right when he writes that the substitution of economics by politics is the usual means of all attacks on Marxism, i.e. the liquidation of Marxist critique and analysis of the capital economy and the consequent concentration on the discourses of freedom, equality and political representation. Marxism ...
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 protests against the G-20 summit in Hamburg in the summer of 2017 culminated in a micro-insurgency in the Schanzenviertel. For the first time in a long time, a social antagonism was ignited in Germany for a brief moment, the severity of which nobody had expected. The uprisings that have ...
circulation, cirulation struggle, class struggle, imperialism, marxism, riots, Strike
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 ...
John Milios National Technical University of Athens, john.milios@gmail.com
Dimitris P. Sotiropoulos The Open University Business School, UK, d.p.sotiropoulos@gmail.com
1. Globalization, financialization, crisis
The current financial crisis of capitalism is without precedent in the post-war period. Regarding the crisis, recent heterodox literature is dominated by a single and persistent argument. The ...
What affects the exchange rate of a country’s currency? The answer depends on where that country stands in the world economy. Not simply because an exchange rate is the value of one currency versus another, so that you must weigh up two or more countries. It is mainly because the ...
Androids, if they were to come into existence, would be the outcome of scientific and engineering ingenuity and thus be products of past living labour. Although the androids might be Turing-compatible, Voight-Kammpf cheating and Asimov-law abiding, they would be dead labour. Indeed as outcomes of a capitalist production process they ...
Artificial Intelligence, capital, machine, machinic surplus value, marxism
How can climate justice activists stop capitalism’s drive to catastrophe? The author of Fossil Capital considers lessons from past revolutions and proposes an action program for today.
Andreas Malm teaches human ecology at Lund University, Sweden. He is the author of Fossil Capital: The Rise of Steam Power and the Roots of ...
climate change, fossil capital, marxism, revolutionary strategy
1) Economic quantities can also be changed in time precisely because money, as a so-called transcendental signifier for capital, possesses the quality of a pure quantity, with which money is released from current barter exchanges and thus as a monetary sign the time accumulated in the commodity is settled, which ...
circulation, credit, derivatives, marxism, money, omey is time, speculative time, time
Here we examine the ratio of financial capital (finance) to the reproduction of capital. In Section A, we clarify the concept of extended reproduction with particular reference to the concept of circulation. Section B deals mainly with the previously neglected relationship between finance and capitalist production. In a further section, ...
assets, capital, derivatives, finance, marxism, money, reproduction
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
