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 […]
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
The Time Modalities of Capital and Postone’s Misinterpretation
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
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
>>Today, the surplus population is vegetating on the line between survival and liquidation.<<
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
The esoteric Marx: relative surplus value, capital, finance
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
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
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
The miraculous Credit Creation of Private Banks
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)
Kojin Karatani and the Historotranscendental Logic of Capital
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
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
Nick Dyer-Withefords Cyber-Proletariat. Accumulation of Capital, Cybernetics and proletarian class.
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
The Autumn of the Uprisings (2)