EconoFiction

Marx`Theory of Value (2)

17 Dez , 2019  

  1. 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 forms, cf. Backhaus 1997/ Elbe 2008) and on the other ...

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EconoFiction

Marx’s Theory of Value (1)

16 Dez , 2019  

  1. 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 their quantified units and relations are already assumed in the ...

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PhiloFiction

What is determination in the last instance? (20 points)

9 Dez , 2019  

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 ...

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EconoFiction

The Working Class and the Middle Classes in the Greek Economic Crisis: Allies in a Common Anti-Neoliberal Strategy?

8 Dez , 2019  

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), ...

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EconoFiction

The Time Modalities of Capital and Postone’s Misinterpretation

7 Dez , 2019  

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, ...

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EconoFiction

How Marxism today has to read Capital and how it has to analyze the current capital relations.

3 Dez , 2019  

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 ...

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EconoFiction

The Marxist concept of capital

29 Nov , 2019  

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 ...

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Documentation

>>Today, the surplus population is vegetating on the line between survival and liquidation.<<

28 Nov , 2019  

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, ...

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EconoFiction

The esoteric Marx: relative surplus value, capital, finance

26 Nov , 2019  

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 ...

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EconoFiction

Marx and Credit

17 Nov , 2019  

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 ...

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EconoFiction

Imperialism and World Market

13 Nov , 2019  

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 ...

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EconoFiction

The miraculous Credit Creation of Private Banks

12 Nov , 2019  

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 ...

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