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Tag: Capital

Capital 150: Marx’s ‘Capital’ Today Conference


The Department of European and International Studies (School of Politics & Economics, King’s College London), along with the blog, organised a major international conference – titled Capital.150: Marx’s ‘Capital’ Today – to mark the 150th anniversary of the publication of Karl Marx’s text Capital: A Critique of Political Economy. The conference took place on 19-20 September, 2017.

It attracted from around the world some of the leading scholars and research networks in the field. There were lively debates among speakers and audience on the roots of the global economic and financial crisis, contemporary imperialism, and the prospects of global capitalism. David Harvey and Michael Roberts debated how to map the terrain of anti-capitalist struggles in the plenary of the evening of September 19. The same topic re-emerged throughout the conference as participants investigated the nature of the present political conjuncture and the prospects for the labour movement.

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Marx, Capital and the Madness of Economic Reason

Marx, Capital and the Madness of Economic Reason
London School of Economics and Political Science (LSE)
18 September 2017

Description from LSE:
Leading Marxist scholar David Harvey discusses the profound insights and enormous power Marx’s analysis continues to offer 150 years after the first volume of Capital was published. His latest book is Marx, Capital and the Madness of Economic Reason.

David Harvey (@profdavidharvey) is Distinguished Professor of Anthropology at the City University of New York Graduate School and an Honorary Graduate of LSE. His course on Marx’s Capital, developed with students over thirty years, has been downloaded by people from all over the world.

Hyun Bang Shin (@urbancommune) is Associate Professor of Geography and Urban Studies at LSE.

The LSE Department of Geography & Environment (@LSEGeography) is a center of international academic excellence in economic, urban and development geography, environmental social science and climate change.

Marx 200


Rosa Luxemburg Foundation Tell Aviv Office has interviewed three Marxists for our website and asked them what significance and influence Marx’s critique of political economy still has in the present day.

Our interviewees were: Rawda Murkos, who is writing her Phd thesis about work of Palestinian women in the British Mandate of Palestine and is employed as an English teacher at the al-Salam School in Kufur Yassif; Tal Giladi, who is attaining his doctorate in philosophy at the Hebrew University and conducts Marx reading courses at the “Left Center” in Tel Aviv; as well as Moshe Zuckermann, sociologist and a professor of history and philosophy at the Tel Aviv University.


What does “Critique” mean in the “Critique of Political Economy”?

“Where science comes in is to show how the law of value asserts itself.  So, if one wanted to ‘explain’ from the outset all phenomena that apparently contradict the law, one would have to provide the science before the science […] Why then have science at all?”
(Marx-Engels Collected Works, Volume 43, p. 67f., Letter from Marx to Kugelmann, London, July 11, 1868)

The words “critique” and “criticism” are often used.  When we “criticize” something, we often mean that something is not as it should be.  For example, we criticize the fact that there are drastic differences between the amounts in people’s wallets, and that the profits of business are not adequately redistributed.

Marx also engages in criticism in Capital – but in a different way
Marx’s critique is directed against the capitalist mode of production itself, but without making any positive ‘suggestions for improvement’ or proclaiming them as demands.

His critique is also directed against the political economy of the time, that is to say, the scholarly discipline familiar to us today as “economics”.  Its most important representatives at the time were Adam Smith and David Ricardo.  Among other things, Marx accuses them (and others) of not, or not sufficiently, getting to the bottom of preexisting forms and concepts like value, money, capital, and profit.

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Mediations Vol. 30, No 2: Post-Humanisms Reconsidered


Volume 30, No 2 Summer 2017 / Contributors

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Listen to Capital, Volume 1, by Karl Marx

Of course the method of presentation must differ in form from that of inquiry. The latter has to appropriate the material in detail, to analyse its different forms of development, to trace out their inner connexion. Only after this work is done, can the actual movement be adequately described. If this is done successfully, if the life of the subject-matter is ideally reflected as in a mirror, then it may appear as if we had before us a mere a priori construction.

My dialectic method is not only different from the Hegelian, but is its direct opposite. To Hegel, the life process of the human brain, i.e., the process of thinking, which, under the name of “the Idea,” he even transforms into an independent subject, is the demiurgos of the real world, and the real world is only the external, phenomenal form of “the Idea.” With me, on the contrary, the ideal is nothing else than the material world reflected by the human mind, and translated into forms of thought.

The mystifying side of Hegelian dialectic I criticised nearly thirty years ago, at a time when it was still the fashion. But just as I was working at the first volume of “Das Kapital,” it was the good pleasure of the peevish, arrogant, mediocre Epigonoi [Epigones – Büchner, Dühring and others] who now talk large in cultured Germany, to treat Hegel in same way as the brave Moses Mendelssohn in Lessing’s time treated Spinoza, i.e., as a “dead dog.” I therefore openly avowed myself the pupil of that mighty thinker, and even here and there, in the chapter on the theory of value, coquetted with the modes of expression peculiar to him. The mystification which dialectic suffers in Hegel’s hands, by no means prevents him from being the first to present its general form of working in a comprehensive and conscious manner. With him it is standing on its head. It must be turned right side up again, if you would discover the rational kernel within the mystical shell.

In its mystified form, dialectic became the fashion in Germany, because it seemed to transfigure and to glorify the existing state of things. In its rational form it is a scandal and abomination to bourgeoisdom and its doctrinaire professors, because it includes in its comprehension and affirmative recognition of the existing state of things, at the same time also, the recognition of the negation of that state, of its inevitable breaking up; because it regards every historically developed social form as in fluid movement, and therefore takes into account its transient nature not less than its momentary existence; because it lets nothing impose upon it, and is in its essence critical and revolutionary.

The contradictions inherent in the movement of capitalist society impress themselves upon the practical bourgeois most strikingly in the changes of the periodic cycle, through which modern industry runs, and whose crowning point is the universal crisis. That crisis is once again approaching, although as yet but in its preliminary stage; and by the universality of its theatre and the intensity of its action it will drum dialectics even into the heads of the mushroom-upstarts of the new, holy Prusso-German empire.

Karl Marx
January 24, 1873


Nowhere to Go: Automation, Then and Now


by Jason Smith

Part One

It is in this serious light that we have to look at the question of the growing army of the unemployed. We have to stop looking for solutions in pump-priming, featherbedding, public works, war contracts, and all the other gimmicks that are always being proposed by labor leaders and well-meaning liberals.

– James Boggs, The American Revolution

In 1963, James Boggs, a black autoworker employed for over two decades at a Chrysler plant in Detroit, published a short book focused on the nefarious effects of automation on class struggle in the United States. The story told in The American Revolution: Pages from a Negro Worker’s Notebook begins with the early 1930s, the decomposition of the old craft unions, and a global economy in the throes of an unprecedented near-collapse; it arrives at a high point with the late 1930s, with a now-forgotten wave of sit-down strikes that tore through the tire and auto industries between 1933 and 1937, most famously at the Flint General Motors plant in early 1937.1 This was, in Boggs’s estimation, the “greatest period of industrial strife and workers’ struggle for control of production that the United States has ever known.” But this period also gave rise, under the reformist efforts of the New Deal and in a climate of mass unemployment, to the Wagner Act and the institutionalization of class struggle. The UAW, which just a few years earlier organized the sit-down strikes in the auto industry, had by 1939 banned the tactic in the plants. In the cast shadow of imminent war, the union’s no-strike pledge, along with the inevitable encrustation of a bureaucratic stratum more at home in the offices of management than on the workbenches, left workers to wildcat their way through the war. The Second World War witnessed thousands of work stoppages: an astonishing 8,708 strikes implicating over four million workers took place, according to Boggs, over one two-year period while war production was in full swing. Union pledges of discipline notwithstanding, order did not therefore always prevail. Workers, many of them from the rural South, and new to the world of the factory, consistently bucked against the dictates imposed by management and enforced by their own representatives. The wildcat strikes were not, however, always defections from the dictates of union bureaucrats and the boss. In 1943, a UAW-organized Packard plant was the site of a “hate strike” organized by white workers to push back against the influx of black workers into the factories, and the integration of assembly lines. Soon after, a tumultuous “race riot” broke out in the city, as white workers attacked black workers who now competed with them for housing. Dozens were killed, hundreds wounded; mostly black, and primarily at the hands of police and the National Guard. The city would be occupied by federal troops for a full half year after. Such was, for better and for worse, the American workers movement at its most militant.2

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The Surplus Population


 Capital Vol 1, Karl Marx (1867)

Chapter Twenty-Five: The General Law of Capitalist Accumulation

Section 3 – Progressive Production of a Relative surplus population or Industrial Reserve Army

The accumulation of capital, though originally appearing as its quantitative extension only, is effected, as we have seen, under a progressive qualitative change in its composition, under a constant increase of its constant, at the expense of its variable constituent. [13]

The specifically capitalist mode of production, the development of the productive power of labour corresponding to it, and the change thence resulting in the organic composition of capital, do not merely keep pace with the advance of accumulation, or with the growth of social wealth. They develop at a much quicker rate, because mere accumulation, the absolute increase of the total social capital, is accompanied by the centralisation of the individual capitals of which that total is made up; and because the change in the technological composition of the additional capital goes hand in hand with a similar change in the technological composition of the original capital. With the advance of accumulation, therefore, the proportion of constant to variable capital changes. If it was originally say 1:1, it now becomes successively 2:1, 3:1, 4:1, 5:1, 7:1, &c., so that, as the capital increases, instead of ½ of its total value, only 1/3, 1/4, 1/5, 1/6, 1/8, &c., is transformed into labour-power, and, on the other hand, 2/3, 3/4, 4/5, 5/6, 7/8 into means of production. Since the demand for labour is determined not by the amount of capital as a whole, but by its variable constituent alone, that demand falls progressively with the increase of the total capital, instead of, as previously assumed, rising in proportion to it. It falls relatively to the magnitude of the total capital, and at an accelerated rate, as this magnitude increases. With the growth of the total capital, its variable constituent or the labour incorporated in it, also does increase, but in a constantly diminishing proportion. The intermediate pauses are shortened, in which accumulation works as simple extension of production, on a given technical basis. It is not merely that an accelerated accumulation of total capital, accelerated in a constantly growing progression, is needed to absorb an additional number of labourers, or even, on account of the constant metamorphosis of old capital, to keep employed those already functioning. In its turn, this increasing accumulation and centralisation becomes a source of new changes in the composition of capital, of a more accelerated diminution of its variable, as compared with its constant constituent. This accelerated relative diminution of the variable constituent, that goes along with the accelerated increase of the total capital, and moves more rapidly than this increase, takes the inverse form, at the other pole, of an apparently absolute increase of the labouring population, an increase always moving more rapidly than that of the variable capital or the means of employment. But in fact, it is capitalistic accumulation itself that constantly produces, and produces in the direct ratio of its own energy and extent, a relatively redundant population of labourers, i.e., a population of greater extent than suffices for the average needs of the self-expansion of capital, and therefore a surplus population.

Considering the social capital in its totality, the movement of its accumulation now causes periodical changes, affecting it more or less as a whole, now distributes its various phases simultaneously over the different spheres of production. In some spheres a change in the composition of capital occurs without increase of its absolute magnitude, as a consequence of simple centralisation; in others the absolute growth of capital is connected with absolute diminution of its variable constituent, or of the labour power absorbed by it; in others again, capital continues growing for a time on its given technical basis, and attracts additional labour power in proportion to its increase, while at other times it undergoes organic change, and lessens its variable constituent; in all spheres, the increase of the variable part of capital, and therefore of the number of labourers employed by it, is always connected with violent fluctuations and transitory production of surplus population, whether this takes the more striking form of the repulsion of labourers already employed, or the less evident but not less real form of the more difficult absorption of the additional labouring population through the usual channels. [14]With the magnitude of social capital already functioning, and the degree of its increase, with the extension of the scale of production, and the mass of the labourers set in motion, with the development of the productiveness of their labour, with the greater breadth and fulness of all sources of wealth, there is also an extension of the scale on which greater attraction of labourers by capital is accompanied by their greater repulsion; the rapidity of the change in the organic composition of capital, and in its technical form increases, and an increasing number of spheres of production becomes involved in this change, now simultaneously, now alternately. The labouring population therefore produces, along with the accumulation of capital produced by it, the means by which it itself is made relatively superfluous, is turned into a relative surplus population; and it does this to an always increasing extent. [15] This is a law of population peculiar to the capitalist mode of production; and in fact every special historic mode of production has its own special laws of population, historically valid within its limits and only in so far as man has not interfered with them.

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‘Visualizing Capital’ with David Harvey


Marx and Capital: The Concept, The Book, The History
A Series of Six Video Lectures in Political Economy by David Harvey


The lectures in this series were given from September through December, 2016 at The Graduate Center, CUNY and sponsored by the Center for Place, Culture and Politics.

Marx’s Capital after MEGA2 (Michael Heinrich)


Invaders from Marx

On the Uses of Marxian Theory, and the Difficulties of a Contemporary Reading

By Michael Heinrich, Berlin

(The following text is the slightly reworked version of an article which appeared on 21 September 2005 in “Jungle World”, a leftist German weekly newspaper. In a previous issue, Karl Heinz Roth, one of the main German representatives of Operaismo, had argued that some important Marxian categories are not able to grasp contemporary capitalism. The text at hand answers this critique, stressing the difference between Marxian theory and traditional Marxism, emphasizing the “new reading of Marx”, which developed through the last decades. The German text can be found at the website of the author)

In the past 120 years, Marx has been read and understood in widely varying ways. In the Social Democratic and Communist worker’s movement, Marx was viewed as the great Economist, who proved the exploitation of the workers, the unavoidable collapse of capitalism, and the inevitability of proletarian revolution. This sort of “Marxist political economy” was embedded in a Marxist worldview (Weltanschauung) which provided answers for all pre-existing historical, social, and philosophical questions.

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Workers of the World, Fight Amongst Yourselves!

Notes on the Refugee Crisis

by Friends of the Classless Society via Endnotes

The following text, by the Freundinnen und Freunden der klassenlosen Gesellschaft, was published in the October and November issues of the German leftist magazine Konkret. Translated here by Endnotes. 



Last fall it appeared as if we were witnessing a political turning point. A mass movement of migrants showed fortress Europe the limits of its reach. This was, however, only a movement in the literal sense of the word and certainly not the awakening of a “multitude” shaking the foundations of the prevailing order. Migrants had no demands beyond the right to remain in Europe, a right which they had already temporarily asserted. In Germany, as the state failed to mobilize adequate resources, the logistics involved with the arrival of refugees were mostly left to volunteers. Meanwhile, the radical left took to celebrating the collapse of the European border regime as an act of “self-empowerment” or as “autonomy of migration”.

Others spied a sinister capitalist master plan behind Angela Merkel’s temporary open border policy. According to this interpretation, the policy sought to use cheap, docile immigrants to restructure the European labour market. Some on the left viewed this as a threat and have therefore joined calls for the erection of walls around Europe. They were further emboldened by the mass sexual assaults on New Year’s Eve in Cologne, in which hundreds of women were groped, robbed, and, in a few cases, raped by a large group of men of “Arab or North African appearance”. In light of the EU’s deal with Turkey and the internment camps currently being planned for Libya, both of these interpretations look dubious. After being taken by surprise, the powers that be have regained control of the situation and their need for cheap labour seems rather limited. On the contrary, the events of the past year reflect an overwhelming surplus of labour power, both in the countries of origin and in Europe. This surplus intensifies competition within the working class, breeding nativism, division and fear of poverty. If we are to understand this situation, we need to do more than decry racism.

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LA Theses (endnotes)


“in this society unity appears as accidental, separation as normal.”
—Marx, Theories of Surplus Value

  1. We live in an era of long-unfolding social crisis, which is fundamentally the crisis of societies organized in a capitalist mode. Indeed, the employment relations that govern production and consumption in capitalist societies are breaking down. The result has been the reappearance of a structural condition that Marx called surplus capital alongside surplus population. Technological transformations continue to take place in spite of economic stagnation, giving rise to a situation in which there are too few jobs for too many people. Meanwhile, huge pools of money scour the earth for profits, leading to periodic expansions of bubbles that burst in massive blowouts. Rising job insecurity and inequality are symptoms of the increasing impossibility of this world as such.
  2. In the present moment, these contradictions, formerly contained within capitalist societies, are set to explode. The 2008 crisis was one manifestation of this. It gave rise to a global wave of struggles that is still unfolding today. In order to gain some control over a simmering crisis, states organized coordinated bailouts of financial and other firms. State debt rose to levels not seen since World War II. Bailouts of capitalists thus had to be accompanied by punishing austerity for workers, as states sought to manage their balance sheets while also recreating the conditions for accumulation. Yet these state actions have been only partially successful. Rich economies continue to grow ever more slowly even as they take on huge quantities of debt at every level. Poor economies are also faltering. We call this global situation the holding pattern and assert that further economic turbulence is likely to issue in a capitalist crash landing.
  3. Workers fought defensive battles in the twentieth century as they still do today. But then, their defensive battles were part of an offensive struggle: workers sought to organize themselves into a labor movement, which was growing ever more powerful. This movement would sooner or later expropriate the expropriators in order to begin to build a society organized according to the needs and wants of workers themselves.
  4. However, the post-1970s crisis of capitalism, which for many should have spelled its end, led to a deep crisis of the labor movement itself. Its project is no longer adequate to the conditions workers face. Most fundamentally, this is because of the decline of the centrality of industrial work in the economy. With the onset of deindustrialization and the decline in the manufacturing share of employment (which was itself one of the fundamental causes of the expansion of surplus populations), the industrial worker could no longer be seen as the leading edge of the class. In addition, due to rising levels of greenhouse gases, it is apparent that the vast industrial apparatus is not only creating the conditions of a better future – it is also destroying them. Most fundamentally of all, work itself is no longer experienced as central to most people’s identities. For most people (although not everyone), it no longer seems as if work could be fulfilling if only it was managed collectively by workers rather than by bosses.
  5. At the same time, the decline of the workers’ identity revealed a multiplicity of other identities, organizing themselves in relation to struggles that had, until then, been more or less repressed. The resulting “new social movements” made it clear, in retrospect, to what extent the homogeneous working class was actually diverse in character. They have also established that revolution must involve more than the reorganization of the economy: it requires the abolition of gender, racial and national distinctions, and so on. But in the welter of emergent identities, each with their own sectional interests, it is unclear what exactly this revolution must be. For us, the surplus population is not a new revolutionary subject. Rather, it denotes a structural situation in which no fraction of the class can present itself as the revolutionary subject.
  6. Under these conditions, the unification of the proletariat is no longer possible. This might seem to be a pessimistic conclusion, but it has a converse implication that is more optimistic: today the problem of unification is a revolutionary problem. At the high points of contemporary movements, in occupied squares and factories, in strikes, riots and popular assemblies, proletarians discover not their power as the real producers of this society, but rather their separation along a multiplicity of identity-lines (employment status, gender, race, etc.). These are marked out and knitted together by the disintegrating integration of states and labor markets. We describe this problem as the composition problem: diverse proletarian fractions must unify but do not find a unity ready-made within the terms of this unraveling society.
  7. This is why we think it is so important to study the unfolding of struggles in detail. It is only in those struggles that the revolutionary horizon of the present is delineated. In the course of their struggles, proletarians periodically improvise solutions to the composition problem. They name a fictive unity, beyond the terms of capitalist society (most recently: the black bloc, real democracy, 99%, the movement for black lives, etc.), as a means of fighting against that society. While each of these improvised unities inevitably breaks down, their cumulative failures map out the separations that would have to be overcome by a communist movement in the chaotic uproar of a revolution against capital.
  8. This is what we mean when we say that class consciousness, today, can only be consciousness of capital. In the fight for their lives, proletarians must destroy that which separates them. In capitalism, that which separates them is also what unites them: the market is both their atomization and their interdependence. It is the consciousness of capital as our unity-in-separation that allows us to posit from within existing conditions – even if only as a photographic negative – humanity’s capacity for communism.

Endnotes, Los Angeles, December 2015

Crisis and Critique


CRISIS AND CRITIQUE: Critique Of Political Economy

Volume 3, issue 3, 16-11-2016 Edited by Frank Ruda &  Agon Hamza

It is 2016, and we are still living under capitalism. Yet, how does  contemporary capitalism function? How is it possible for a system, which declared its final victory in the beginning of the last decade of the previous century, to already face some of its most serious and profound crisis since the first decade, of the present century? The on-going crisis has reopened some of the (half) forgotten and prematurely answered & questions about the modes in which capitalism operates: the relation between the State and capital, the limits of capital, the forms of changes within capitalism, forms of domination and exploitation, social classes, et cetera . . .

Table of Contents

Introduction by Frank Ruda &  Agon Hamza PDF

A Marxian Critique of Neoclassical Economics’ Reliance on Shadows of Capital’s Constitutive Social Forms by Dennis Badeen & Patrick Murray PDF

Marx after Hegel: Capital as totality and the centrality of production by Riccardo Bellofiore PDF

Capital: A Critical Theory? by Jacques Bidet PDF

The Beast and the Universal: Hegel’s Critique of Political Economy by Ivan Boldyrev PDF

The “Capital ” after the MEGA: Discontinuities, Interruptions and New Beginnings by Michael Heinrich PDF

How to Read Capital in the Twenty-First Century by Campbell Jones PDF

Capital as Spirit  by Kojin Karatani PDF

Creativity vs. Unskilled Labour: Kant on Class Struggle by Ognian Kassabov PDF

How Not to Evaluate the Relevance of Marx’s Capital by Andrew Kliman PDF

The Critique of Political Economy and the ‘New Dialectic’: Marx, Hegel and the Problem of Christopher J. Arthur’s ‘Homology Thesis’ by Elena Louisa Lange PDF

The Economic Catastrophe as a Passionate Event by Frédéric Lordon PDF

Marx’s Destruction of the Inner World: from the Colonial Internalisation of the Psyche to the Critique of the Psychological Roots of Political Economy by David Pavón Cuéllar PDF

Radicalizing the Root: The Return of Philosophical Anthropology to the Critique of Political Economy by Jason Read PDF

Mapping the Abstract Essence of Concrete Existence: An Analysis of the Privative Form of Value, an Overdetermined Category by Frank Smecker PDF

Journeying on the Roads Not Taken: The Possessive Individual, the Commons and Marx by Massimiliano Tomba PDF

Economic crises, historical regression and social conflicts: an essay by Raquel Varela and Valério Arcary PDF

Capitalist Bulimia: Lacan on Marx and crisis by Fabio Vighi PDF

The ‘Ideal Total Capitalist’: On the State-Form in the Critique of Political Economy by Gavin Walker PDF

Phenomenology of Value: Badiou and Marx by Yuan Yao PDF

Can One Exit from The Capitalist Discourse Without Becoming a Saint? by Slavoj Žižek PDF

Interview with Moishe Postone: That Capital has limits does not mean that it will collapse by Agon Hamza & Frank Ruda PDF

Notes on Contributors PDF

Download the full edition PDF

Insurgent Notes #13 (Oct 2016)


Insurgent Notes No. 13 presents an array of articles reflecting the rising curve of revolt and political turmoil in the United States and abroad. We begin with our editorial “President Trump?” on the current, fast-evolving situation of the strangest political year in the United States since 1968. We follow with Michael Hough’s historically rich article on the evolution of labor racketeering trials in the United States, culminating in the little-noticed conviction and sentencing of a Philadelphia Ironworkers’ president in 2015. John Garvey’s “Notes on a Future Politics (Part One)” offers a detailed account of the forces, over several decades, which have converged in the Trump phenomenon. Jarrod Shanahan recounts the recent revolt in the commissary at the notorious Riker’s Island prison in New York City this past summer. Following on this, and presenting a larger historical perspective, culminating in the organizing for a nationwide prison strike, Amiri Barksdale traces a history of little-known prison revolts in recent years, as well as those by immigrant detainees. For an international perspective, our Southeast Asian correspondent Art Meen’s “Strike Wave and Worker Victories in Cambodia” offers a concise overview of a militant working class in motion in struggles largely off the radar in the west. For historical perspective, Mitch Abidor writes up his recent interviews with 40-odd veterans, from across the political spectrum, of the May―June general strike in France in 1968, followed by two critical comments. Last but not least, Jason Rhodes discusses Ashwin Desai’s remarkable book Reading for Revolution.

Editorial: President Trump?

Twenty-First Century Trade Union Conspiracy Trial

Michael Hough

Notes on a Future Politics—Part 1

John Garvey

Checking Out

Jarrod Shanahan

Convict and Immigrant Detainee Struggles Converge in Strike Wave

Amiri Barksdale

Strike Wave and Worker Victories in Cambodia

Art Meen

May ’68 Revisited (and Two Replies)

Mitch Abidor

Review: Ashwin Desai, Reading Revolution: Shakespeare on Robben Island

Jason Rhodes

Brexit means… what? Hapless ideology and practical consequences


Auf­heben № 24
November 2016

A number of left groups and individuals campaigned for the UK to leave the European Union. Aufheben argue that the Brexit campaign, and the referendum itself, its results and its implementation, have been one with a victory of the ruling class against us. The implementation of Brexit will negatively affect solidarity among workers and radical protesters, setting back our strength and potentials to overturn capitalism. Many people in the radical left were blinded by the ideological forms of our capitalist relations, the reification of our human interactions, to the point of accepting a victory of the far right with acquiescence, or even collaborating with it.

The EU mi­grants’ or­deal and the lim­its of dir­ect ac­tion

We be­gin this art­icle with a case dealt with by Brighton Solfed (SF) and CASE Cent­ral so­cial center — the story of an EU mi­grant in Brighton.

At the end of 2015, L., a Span­ish hos­pit­al­ity work­er, sought help from SF. She had worked in a res­taur­ant for more than a year but, as soon as she fell ill, her em­ploy­er sacked her with a flimsy ex­cuse, in or­der to avoid pay­ing Stat­utory Sick Pay (SSP). Re­ceiv­ing SSP would have been this work­er’s right un­der both do­mest­ic and European Uni­on (EU) le­gis­la­tion. However, the em­ploy­er in­sisted that she left her job vol­un­tar­ily, and re­fused to re-em­ploy here.

One then claimed a sick­ness be­ne­fit, Em­ploy­ment and Sup­port Al­low­ance (ESA). As an EU work­er, she should have been en­titled to equal rights un­der EU le­gis­la­tion, and to ESA. However, the state re­fused the be­ne­fit: they said that, due [to] a “gap” between the end of her job and her claim, she was no longer a “work­er” when she claimed ESA. A be­ne­fits ad­vice group helped with an ap­peal, but the state re­fused to re­con­sider. L. was in a des­per­ate situ­ation, with no money and far from her fam­ily, and was temp­ted to move back to Spain. This would amount to eco­nom­ic de­port­a­tion — not im­posed through phys­ic­al force, but through ex­treme hard­ship.

Back in [the] 1970s the UK’s mem­ber­ship of the European Com­mon Mar­ket was op­posed by left-wing mil­it­ants, as the Com­mon Mar­ket was seen as a neo­lib­er­al club de­signed to pre­vent the ad­vance of so­cial­ism, or just the im­ple­ment­a­tion of Keyne­sian policies.

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Class / segmentation / racialization (TC)

All identities gives themselves an imaginary genealogy which is both efficacious and real by way of its reconstruction.


Originally published by Théorie Communiste, a French communization group, here.

Translated from the French by LNFC (updates by Charnel)

There has al­ways been seg­ment­a­tion with­in labor power. We must take it, then, as an ob­ject­ive de­term­in­a­tion of labor power un­der cap­it­al that nat­ur­ally leads to a di­vi­sion of labor. Here we have noth­ing more than a di­vide between a ho­mo­gen­eous ma­ter­i­al and a simple quant­it­at­ive grad­a­tion of the value of labor power. (Both simple and com­plex work un­der­go a kind of os­mos­is with­in the cap­it­al­ist mode of pro­duc­tion, from the gen­er­al­ized con­straint of sur­plus labor to spe­cial­ized labor un­der co­oper­at­ive man­age­ment, etc.). However, this seg­ment­a­tion would not be so if it were not but a qual­it­at­ive di­vide with­in an oth­er­wise ho­mo­gen­eous ma­ter­i­al. Two pro­cesses in­ter­vene as they weave to­geth­er: On the one hand the cap­it­al­ist mode of pro­duc­tion is glob­al, cap­able of ap­pro­pri­at­ing and des­troy­ing all oth­er modes of pro­duc­tion while con­serving for it­self the char­ac­ter­ist­ics of those it has re­defined. On the oth­er hand the value of labor power rep­res­ents a mor­al, cul­tur­al, and his­tor­ic­al com­pon­ent. Since cap­it­al­ist ex­ploit­a­tion is uni­ver­sal — i.e., be­cause cap­it­al can take over oth­er modes of pro­duc­tion or make them co­ex­ist along­side it, ex­ploit labor power to­geth­er with those oth­er modes or de­tach them from their former ex­ist­en­tial con­di­tions — cap­it­al­ism is thus an his­tor­ic­al con­struc­tion that brings about the co­ex­ist­ence of all the dif­fer­ent strata of his­tory in a single mo­ment. Seg­ment­a­tion is not merely “ma­nip­u­la­tion.” It ex­ists as the vol­un­tary activ­ity of the cap­it­al­ist class and its pro­fes­sion­al ideo­logues, which forms and an­im­ates an ob­ject­ive pro­cess, a struc­tur­al de­term­in­a­tion of the mode of pro­duc­tion.

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Needless Necessity: Sameness and Dynamic in Capitalist Society


Marcel Stoetzler, Bangor University, UK (via Fast Capitalism)

In capitalist modernity, all that is fluid is frozen fast, and vice versa. Everything is at the same time solid and not. We need to do something. One must always produce.[1] But then, one must always produce the same. Production is always reproduction, no more, no less, albeit on an extended scale. Capitalist society is a treadmill:[2] “Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that,” as the Red Queen asserted.[3] Society (re-)produces itself, using humans as its principal agents, as ever new and ever the same. Humans (re-)produce society as ever the same by making a fresh start every morning when the alarm bell tolls: a new morning promises gold – the matter of eternity – every single day anew. My consciousness is split on this matter: it tells me, on the one hand, that I have places to go (hooray!), I have some inner growing to do, but at the same time, I am proudly identical to myself (disregarding some metabolism-related corporeal change that one tries to keep separate from one’s sense of selfhood). I who took out the student loan yesterday will have to pay up tomorrow, although the intervening time – not least ‘the student experience’, as they say – will have made me a whole new person (with places to go, hooray!). Growing up, experience – going-beyond-and-through: ex-per-ire – or not, contracts are to be fulfilled. This is a rule society will enforce.

This article explores the dialectic of a twofold compulsion characteristic of modern bourgeois society: on the one hand the dynamism grounded in the compulsion to expand production, to never stand still, relax and enjoy, always to increase the labors of self-preservation, on the other hand the static, sameness and identity that are produced by the ‘real-abstracting’ processes equally central to the capitalist mode of production, the locking down of humans in their identities, including those of sex and race. The article examines these matters through the prism of Adorno’s late essay on the concepts of ‘static and dynamic’ that is taken as a vantage point for a reading of ‘The concept of enlightenment’ in Horkheimer and Adorno’s Dialectic of Enlightenment. The last part of the essay argues that capitalist society’s needless necessities impose themselves on society through abstracting practices in everyday life but also produce an equally contradictory set of social movements that have now opened up a fragile prospect for the revolutionary overcoming of capitalist society. The key point of the argument is that Horkheimer and Adorno’s unique emphasis on the critique of ‘the economic’ beyond that of ‘the economy’ is crucial to this radical perspective.

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Theses on Trump

by Phil Sandifer 

“Through the ruin of a city stalked the ruin of a man.” – Terrance Dicks, 1977


Let us accept that categorization is pointless, and that any attempt at it will eventually collapse under the basic fact that he is contradictory and in his own way even contains multitudes. He is what he is, in his own way as deific as that makes him sound. He does not have immediate political analogues in 1930s Germany or 40s BCE Rome any more than he does in 1650s Britain or 2013 Australia. Similarities abound, but every case is unique. That’s what Great Man Theory means.

It is not even useful to call him liberal or conservative. He is right-wing, but only in the sense that he poses an existential threat to the left. On the whole, however, he is not particularly ideological. He is an aesthetic wedded to a perversion. In the end, most people are, and virtually all politicians. Still, one has to start somewhere.

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Simon Clarke’s Guide to Capital: All Three Volumes


Simon Clarke’s homepage / publications. Guide to Capital as doc / pdf

Capital, volume 1, Chapter 1.


The first chapter of Capital is both the most important, in that it introduces the basic concepts of Marx’s theory of value, and the most difficult.

Marx first began to work out his theory of value in the Grundrisse (1857), but the discussion there is very convoluted and incomplete. The first version of Chapter One of Capital is to be found in the Critique of Political Economy (1859), whose first chapter is in many ways the best introduction to Chapter One of Capital. The discussion of the Critique differs in a number of ways from that of Capital:

  1. In the Critique Marx does not make the fundamental distinction between value and exchange-value that is made in Capital
  2. in the Critique the argument has a much more ‘Hegelian’ flavour: the argument is entirely formulated in terms of the development of the contradiction between (exchange)-value and use-value
  • the logical and historical development of the argument are both present, but are separated: a logical analysis is followed by a historical one, whereas in Capital the two are more closely integrated
  • Marx devotes much more attention to money in the Critique (and in the Grundrisse) than he does in Capital, (the discussion of money in Capital refers the reader back to the Critique)
  1. The explanation of the theory of value in the Critique is rather different from that in Capital. In the Critique the discussion of commodity fetishism is more closely integrated into the discussion of the theory of value and it is clear that for Marx it is the ‘qualitative’ rather than the ‘quantitative’ dimension that is important: i.e. the theory of value is a theory of the way in which, through money and exchange, private labours are brought into social relation with one another. In Capital the exposition emphasises the quantitative dimension first: the theory of value as a theory of the ratio in which commodities exchange, before discussing the qualitative dimension.

The version of the first chapter of Capital in the English translations is a revised version that first appeared in the third German edition. In the first two editions the first chapter was shorter (roughly the first two sections of the later version and shorter versions of the third and fourth sections), and there was also an Appendix on ‘The form of value’ that was integrated into the third section in the rewrite. The change was made in an attempt to make the first chapter more comprehensible but it does introduce some differences in emphasis. (A translation of the first version of Ch. 1 and the Appendix is published, in a very tortuous translation, in Value Studies by Marx (A. Dragstedt, ed.). A much better translation of the Appendix has been published in Capital and Class, 4, 1978.)

Chapter One of Capital offers us a sociological theory of the market. Marx does not see the market simply as an institution in which individuals meet to exchange commodities, to be understood in isolation from the production of commodities, for exchange itself has implications for production. It is through the price mechanism that apparently independent producers are persuaded to produce in accordance with social needs: if too much of a commodity is produced, the price falls and less will be produced: producers will direct their labour into the production of other goods. If a producer is inefficient he or she will not get full recognition in the market for the work he or she has done, and so will be compelled to increase efficiency. Thus the market is the place in which the labour of individual producers is brought into relation with that of other producers, and so of society as a whole. The market is a particular way of allocating social labour, appropriate to a particular kind of society in which individuals work independently of one another to produce goods for the use of others. Thus the relation between individual producers in a commodity producing society is not directly recognised as a social relation – the producers do not get together to plan production as interdependent members of society. Instead the social relation between these producers takes the form of a relation between things, between the goods they exchange for one another. The exchange ratio, or exchange value, of commodities, is not, therefore, merely a relation between inanimate objects, but it expresses the relation between the labours of the individuals who have produced those commodities. This idea is the basis of Marx’s theory of value.

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Finance, Economics and Politics


Tony Norfield

The financial system accentuates all the absurdities of capitalism, but it does this in a way that can make finance appear to be separate from the capitalist economy, rather than an inevitable outgrowth from it. Almost every observer of capitalism makes a distinction between the ‘real’ and the ‘financial’ economy. Even those who would claim to be anti-capitalist often advocate policies to save the capitalist economy from the vagaries of disruptive financial markets.

A division between a ‘real’ and a ‘financial’ economy can seem to make sense, especially given the extravagant rewards of financiers who seem to perform no function other than to boost their own incomes and wealth. A closer look at how the capitalist economy works, though, throws a very different light on what is happening. We need to recognise that the global economy is dominated by a small number of countries and their corporations – and that the financial system is a means by which they maintain their privileged status in the world. . . [read more]

Insurrection and Production


Angry Workers World

An empirically heavy mind-game for the debate on working class strategy: First steps in a six-month revolutionary transition period in the UK region

Dear fellow travellers,

We’ve written a few texts on ‘revolutionary strategy’ before, focusing on the relationship between workers’ existence within the social production process, experiences of day-to-day struggles and the possibility of a wider working class movement – termed by others as a ‘social strike’. [1] While we maintain that we will only be able to make fruitful organisational proposals through an analysis of the concrete day-to-day struggles of our class, we think that it can’t do any harm to discuss what we think a revolutionary situation in the 21st century could look like. Thinking about tomorrow might make clearer our view on today.

We are not alone in this. Since the uprisings in 2010/11 (‘Arab Spring’ etc.) and the general upsurge in social movements and global strike waves in the last ten years or so, the radical and not so radical left have had a lot of discussions about transitions, post-capitalism, social strikes or the era of riots and coming insurrections. In this text we will briefly engage with some of the main ideas that have been put forward in these recent analyses of revolution and fundamental social change. We do this to point out some limitations to these theories, as well as to draw out their political implications. The two main camps we look at here are, unsurprisingly, given the title, that of those in the radical milieu who favour an insurrectionist approach to political action (riots on the streets, spontaneous proletarian action, or that done by those on the margins, the so-called ‘surplus population’) and those that tend to concentrate on workers at the point of production and their collective power but who maybe don’t relate this to a wider view on general proletarian impoverishment and other areas of life and struggle. We put forward our perspective that tries to move beyond the traditional insurrectionist and syndicalist approaches to think in less abstract ways about what a communist revolution would actually entail. To this end, the main part of the text consists of an empirical study of what we term the ‘essential industries’ in the UK region, which comprise roughly 13 million workers. We think this will be the backbone of our strength in the revolutionary transition period in order to reproduce ourselves while the counter-revolutionary forces try and crush us. While this seems like a bit of a flight into the idealistic, unknown future, we think that reconsidering the relationship between proletarian violence, insurrection and production on the level of 21st century class composition will help ground our current practical political orientation. This at a time of general political disorientation (of which we see Corbyn-mania as an obvious sign!) in the wake of defeats and containment of the upsurges we have experienced and witnessed around the world in recent years. In short, we hope that in the course of the following text we put some basic assumptions about a communist revolution into a more concrete context. We try and do this in seven steps by looking at:

a) the reality of recent struggles with a brief review of the 2010/11 uprisings from a revolutionary perspective
b) the revolutionary essence of capitalism: short remarks on the debate about ‘surplus population’ (riots) vs. ‘global working class’ (global production) to tackle the question of what capitalism’s main revolutionary contradictions are
c) the material (regional) divisions within the working class: some thoughts on the impact of uneven development on how workers experience impoverishment and their productive power differently
d) the regional backbone of insurrection: empirical material about the structure of essential industries in the UK region
e) whether anyone can say ‘communism?’: brief conclusions on revolutionary transition
f) the basic steps of organising revolution: what would a working class revolution have to achieve within the first months of its existence
g) revolutionary organisation. Here we propose that this perspective on ‘revolution tomorrow’ does not leave us untouched today, for it asks for certain organisational efforts in the here and now. We sketch out what those could be.

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