It is not the problem around the transfer of value or the reproduction of the value portion of fixed capital that Marazzi deals with in his essay The Amortization of the Body-Machine (Marazzi 2012: 35ff. ) (according to which constant […]
Machine surplus value and differential accumulation
Thesis: States and state-capture [comparison + appropriation] are solutions to the problem posed by the lines of flight encountered in the historical process of State formation. But while both capture and its evasion presupposes these lines of flight as indeterminate
In the early part of this century a debate erupted among Russian and German economists. It was started by Rosa Luxemburg’s Accumulation of Capital , which asked the question: how can capitalism reproduce itself? It was continued by many, including
Relative Surplus Value and Expanded Reproduction
The need to increase the productivity of individual capital, which goes hand in hand with competition, leads to a decline in the value of goods, which may increase the rate of added value (m/v) due to the reduction in the
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
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
Is there any machine added surplus value?
Paper presented at “Marx’s Critique of Political Economy and the Global Crisis Today. On the 150th Anniversary of the Publication of Capital”, Hofstra University, April 6-7, 2017. “Someone once said that it is easier to imagine the end of the
Perfect Machines: Artificial Intelligence and the Labour Theory of Value
‘Commodification’ is often used as a short-hand way of defining what capitalism does, but all too often it’s used as a synonym for transaction or exchange. Yet buying and selling are not specific to capitalism and, more importantly, there are
Das Problem des Exzesses (das Kapital und sein Potenzial) kehrt zurück, wenn es um den Mehrwert geht bzw. um das Kapital in der Qualität des Geldes. Hier ist der Mehrwert als der Effekt eines sich vermehrenden Umschlags des Kapitals gegenüber
Brian Massumis “On the Revaluation of Value” (2)
