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Tag: Marx

The economics of Luther or Munzer?


by Michael Roberts (TheNextRecession)

Last week leading leftist economists in the UK held a seminar on the state of mainstream economics, as taught in the universities.  They kicked this off by nailing a poster with 33 theses critiquing mainstream economics to the door of the London School of Economics.  This publicity gesture attempted to remind us that it was the 500th anniversary of when Martin Luther nailed his 95 theses to the Castle Church, Wittenberg and provoked the beginning of the Protestant reformation against the ‘one true religion’ of Catholicism.

The economists were purporting to tell us that mainstream economics was like Catholicism and must be protested against as Luther did back in 1517.  As they put it, “Economics is broken.  From climate change to inequality, mainstream (neoclassical) economics has not provided the solutions to the problems we face and yet it is still dominant in government, academia and other economic institutions. It is time for a new economics.”

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How to Parent Like a Bolshevik


Young actors in “The Blue Bird” in 1911.CreditHulton Archive/Getty Images

 Red Century

by Yuri Slezkine

The original Bolsheviks expected Communism in their lifetime. When that began to appear unlikely, they moved the deadline to the lifetime of their children.

“Fire cannot be contained,” Nina Avgustovna Didrikil, an employee at the Lenin Institute, wrote in her diary in 1920. “It will burst forth, and I am certain that if it does not burst forth within me, it will do so through my children, who will make me immortal.”

The path to the parents’ immortality was the children’s happiness. “You are happy, and you will be even happier when you realize just how happy you are,” wrote Didrikil in 1933 to one of her daughters on her 17th birthday. “You are the youngest and strongest, and the whole life of your society is young and strong. My wish for you, in your 17th spring, is that you continue to move closer and closer, in all your interests, feelings, and thoughts, to the camp of the youngest and strongest: to Marx, Engels, Lenin and all the true Bolsheviks.”

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Der Begriff der Arbeit in Karl Marx’ «Kapital»


Karl Marx’ «Das Kapital» feiert 2017 seinen 150. Geburtstag. 2018 folgt der 200. Geburtstag von Marx selbst. Der Fokus der Marx-Herbstschule lag diesmal auf dem Begriff, der wie kein anderer sowohl Marx’ Kapital als auch die Geschichte des Marxismus beherrscht: Arbeit.

Der Arbeitsbegriff zieht sich wie ein roter Faden durch die gesamte Entwicklung des ersten Bandes, ausgehend vom «Doppelcharakter» der Arbeit, dem «Springpunkt, um den sich das Verständnis der politischen Ökonomie dreht», über die kapitalistische Anwendung, Verwertung und Ausbeutung der Arbeitskraft und ihre Kämpfe bis hin zum historischen Ursprung der kapitalistischen Lohnarbeit durch die sog. «Ursprüngliche Akkumulation».

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Marx Collegium 2017 (Videos)


Marx Collegium 2017 – After the eruption of the international financial crisis in 2008, Marx’s Capital received renewed academic and popular attention. Leading newspapers throughout the world discussed again the contemporary relevance of its pages. Faced with a deep new crisis of capitalism, many are now looking to an author who in the past was often wrongly associated with the “actually existing socialism”, and who was hastily dismissed after the fall of the Berlin Wall in 1989.

For many scholars, today Marx’s analyses are arguably resonating even more strongly than they did in Marx’s own time. This international conference brings together several world-renowned sociologists, political theorists, economists, and philosophers, from diverse fields and 13 countries. Its aim is to explore diverse scholarly perspectives and critical insights into the principal contradictions of contemporary capitalism and, in so doing, to draw attention to alternative economic and social models.

The presenters will critically reconsider Marx’s Capital as a work that continues to provide an effective framework to understand the nature of capitalism and the transformations of our times.

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Capitalism: Concept & Idea (audio)

The Centre for Research in Modern European Philosophy (CRMEP) presents:

Capitalism: Concept & Idea

150 Years of Marx’s Capital: The Philosophy and Politics of Capital today

As a counterpoint to the retreat of the concept of communism from history to ‘idea’, this conference will mark the 150th anniversary of the first volume of Karl Marx’s Capital: A Critique of Political Economy by asking the question of the meanings of ‘capital’ and ‘capitalism’ today as at once (explanatory structural-historical) concepts and (political) ideas.

In particular: What is the current standing of the different philosophical interpretations of Marx’s Capital? What light do they thrown on capitalism today? How have historical developments since Marx’s day changed the concept of capitalism? Has ‘neo-liberal’ capitalism rendered the concept of crisis redundant, for example? Is capitalism governable? Or is capital itself now the main form of governmentality? What is the precise character of Capital as a text – in terms of theory and in terms of literature? What does it mean to be ‘against capitalism’ today?

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Platform capitalism and value form


By Matthew Cole

According to the speculations of techno-futurologists, left and right, the machines are here to liberate us. Most of the discourse is dominated by the neoliberal right such as Erik Brynjolfsson and Andrew McAfee and Andrew Haldane, chief economist of the Bank of England. Their arguments, avoiding questions of exploitation, are naturally popular with the establishment. McAfee’s best-selling book The Second Machine Age has been lauded by leaders at the World Economic Forum.

On the left, however, Paul Mason welcomes our new robotic overlords, in an intellectual synthesis that spans Marx’s 1858 ‘Fragment on Machines’ (treated by Mason as a prophecy), Bogdanov’s 1909 novel Red Star and Martin Ford’s 2015 Rise of the Robots, not to mention Andre Gorz. Nick Srnicek and Alex Williams offer a more qualified welcome to the possibility of full automation and a workless future. But even the best of these analyses, and even the most alluring visions of networked insurrection and high-tech communist utopia, have to face up to how these technologies have been used, historically, to deepen exploitation rather than overcome it. It is far more likely, in short, that new technologies will intensify drudgery and further limit human freedom. And it on this basis that we have to evaluate the impacts of platform technologies on the capitalist mode of production.

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Zeitschrift für kritische Sozialtheorie und Philosophie: 150 Jahre Das Kapital



Ed. by Elbe, Ingo / Ellmers, Sven / Hesse, Christoph / Schlaudt, Oliver / Schmieder, Falko

Volume 4, Issue 1-2 (Oct 2017)

Schwerpunkt: 150 Jahre Das Kapital – Das Kapital in der Kritik (Tagung an der Carl von Ossietzky Universität Oldenburg)

Schwerpunkt: Marx, Weltsystem und Ökologie

Beitrag außerhalb des Schwerpunkts

Continental Thought & Theory Vol 1. Issue 4 (2017): 150 years of Capital



150 years of Capital

Edited by Mike Grimshaw and Cindy Zeiher



Cindy Zeiher, Mike Grimshaw, Introduction – Rethinking Marx’s Capital, Vol 1

Michael Heinrich, 150 Years of Capital-with No End in Sight. Unsystematic Remarks on a Never-ending Story

Silvia Federici, Notes on Gender in Marx’s Capital

Moishe Postone, The Current Crisis and the Anachronism of Value: A Marxian Reading

Jacques Bidet, Capital as read by Moishe Postone: Alchemy or Astrology?

Riccardo Bellofiore, Between Schumpeter and Keynes: The Heterodoxy of Paul Marlor Sweezy and the Orthodoxy of Paul Mattick

Patrick Murray, Jeanne Schuler, The Commodity Spectrum

Agon Hamza, Re-reading Capital 150 years after: some Philosophical and Political Challenges

Roland Boer, Interpreting Marx’s Capital in China

Martha Campbell, Marx’s Transition to Money with no Intrinsic Value in Capital, Chapter 3

David Neilson, Re-situating Capital Vol. 1 beyond Althusser’s epistemological break: Towards second generation neo-Marxism

Geoff Pfeifer, The Question of Capitalist Desire: Deleuze and Guattari with Marx

Adrian Johnston, From Closed Need to Infinite Greed: Marx’s Drive Theory

Circle of Studies of Idea and Ideology (CSII), Organization and Political Invention

Guido Starosta, Fetishism and Revolution in the Critique of Political Economy: Critical Reflections on some Contemporary Readings of Marx’s Capital

Graham Cassano, Capital, Gender and the Machine

Fred Moseley, M- C- M’ and the End of the ‘Transformation Problem’

Natalia Romé, Anachronism of the True. Reading Reading Capital

Todd McGowan, The Particularity of the Capitalist Universal

Bruce Curtis, A Sesquicentennial of Capital: Marx, Mandel and Methodological Musings

Ted Stolze, Beatitude: Marx, Aristotle, Averroes, Spinoza

Rebecca Carson, Fictitious Capital and the Re-emergence of Personal Forms of Domination

Ali Alizadeh, Marx and Art: Use, Value, Poetry

Jason Read, Man is a Werewolf to Man: Capital and the Limits of Political Anthropology

Mark P. Worrell,  Daniel Krier, The Organic Composition of Big Mama

David Norman Smith, Sharing, Not Selling: Marx Against Value

Mike Grimshaw, Proof-texting Capital via the ‘short-circuit’: a religious text?

Book reviews

Robert Boncardo, Universal Life: A review reading of The Lost Thread: The Democracy of Modern Fiction | Jacques Rancière

Gabriel Tupinambá, Totalization as critique: a review of Marxism and Psychoanalysis: In or Against Psychology|David David Pavón-Cuéllar

Notes on this issues’ contributors

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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On Organization (Camatte, 1969)


The following letter (dated 04.09.69) led to the dissolution of the group that had begun to form on the basis of the positions set forth in Invariance. The letter opened an important area of reflection and debate that has gone on since, certain conclusions of which have already been discussed in “Transition”, no. 8, série 1.

Although certain points raised by the letters have been partially dealt with, others have hardly been touched upon. That’s why it’s necessary-given the importance of making a more clean break with the past-to publish it now. Our publishing it should enable the reader to appreciate the work accomplished thus far, and what still remains to be done.

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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.

History, Civilization, and Progress (Bookchin, 1994)


History, Civilization, and Progress: Outline for a Criticism of Modern Relativism

by Murray Bookchin

Rarely have the concepts that literally define the best of Western culture–its notions of a meaningful History, a universal Civilization, and the possibility of Progress–been called so radically into question as they are today. In recent decades, both in the United States and abroad, the academy and a subculture of self-styled postmodernist intellectuals have nourished an entirely new ensemble of cultural conventions that stem from a corrosive social, political, and moral relativism. This ensemble encompasses a crude nominalism, pluralism, and skepticism, an extreme subjectivism, and even outright nihilism and antihumanism in various combinations and permutations, sometimes of a thoroughly misanthropic nature. This relativistic ensemble is pitted against coherent thought as such and against the “principle of hope” (to use Ernst Bloch’s expression) that marked radical theory of the recent past. Such notions percolate from so-called radical academics into the general public, where they take the form of personalism, amoralism, and “neoprimitivism.”

Too often in this prevailing “paradigm,” as it is often called, eclecticism replaces the search for historical meaning; a self-indulgent despair replaces hope; dystopia replaces the promise of a rational society; and in the more sophisticated forms of this ensemble a vaguely defined “intersubjectivity”–or in its cruder forms, a primitivistic mythopoesis–replaces all forms of reason, particularly dialectical reason. In fact, the very concept of reason itself has been challenged by a willful antirationalism. By stripping the great traditions of Western thought of their contours, nuances, and gradations, these relativistic “post-historicists,” “postmodernists,” and (to coin a new word) “post-humanists” of our day are, at best, condemning contemporary thought to a dark pessimism or, at worst, subverting it of all its meaning.

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On the ecology of capitalism


by Antithesis (pdf)

The growth of production has been entirely verified until now as the realization of political economy: the growth of poverty, which has invaded and laid waste to the very fabric of life... In the society of the over-developed economy, everything has entered the sphere of economic goods, even spring water and the air of towns, that is to say, everything has become the economic ill, that “complete denial of man”…

Guy Debord, The sick planet

The process of the expansion of the capitalist mode of production on a world scale in the previous century was at the same time a process of transformation of the biosphere as a whole. This process resulted in the disturbance of the ecological balance of the planet, a balance which lasted for the past 10.000 years, which is known as the Holocene geological period. According to recent scientific studies the main aspects of this planetary ecological transformation are the following:[1]

  • Increase of the average temperature of the planet due to the increase of the atmospheric concentration of carbon dioxide and of other greenhouse gases. This increase is caused both by the burning of fossil fuels for supplying energy to capitalist production and reproduction and by the emissions originating in the capitalist mode of agricultural production.[2]
  • Great loss of biodiversity mainly due to the conversion of forest ecosystems into zones of agricultural production or into parts of the urban fabric. It is predicted that within the 21st century up to 30% of all mammal, bird and amphibian species will be threatened with extinction.
  • Perturbation of the cycles of nitrogen and phosphorus which are transferred with increasing rates from the atmosphere to the oceans and the lake systems of the planet due to the use of huge quantities of fertilizers in capitalist agriculture. The pollution of oceans has even led to local anoxic events (e.g. in the Baltic sea) during which the oxygen levels in the sea were significantly reduced.
  • In addition to the phenomena described above, the depletion of atmospheric ozone and the level of ocean acidification have reached a critical point.

All these environmental changes are consequently manifested on a more local geographic scale in various ways: great increase in hurricane frequency, desertification of large areas in various parts of the world, deforestation, increase in the frequency of extreme weather phenomena such as floods and long droughts, emergence of new diseases transmitted in an unpredictable manner and so on. At the same time, the productivity of agriculture has been significantly slowed down due to soil exhaustion. Further, new biotechnological methods of cultivation based on genetically modified plants failed to reverse this slowdown due to the rise of the so-called superweeds. Between 1980 and 2008 the global production of wheat and maize had been reduced by 5.5% and 3.8% respectively compared to a counterfactual without climate trends.[3] These phenomena have negative effects on the living conditions of the global proletariat. The weaker and most poor parts of the proletariat are affected in a more extreme way by having to face even shortages in food and drinking water.

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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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Dialectics and Difference: Against the “Decolonial Turn”


by Ross Wolfe (Insurgent Notes #15, August 2017)

The decade or so since the financial crisis of 2008 has seen a resurgence of interest in what nineteenth-century thinkers would have called “the social question,” backpedaling somewhat from the “cultural turn” of previous decades. Yet despite a series of recent skirmishes against the post-communist geopolitical order—from the Greek uprising in December 2008 to the London riots, Arab Spring, and Spanish indignados of 2011, up to the Polish women’s strikes in October 2016—old habits die hard. Few self-styled radicals who came of age during the nineties and aughts, especially those who attended universities, want to see the discourses of “difference” on which they were weaned suddenly abandoned wholesale. Alongside nascent and budding movements, then, one witnesses the recrudescence of concepts and strategies which ought to have been superseded by events themselves. Nowhere is this more evident than in the almost endless balkanization of identity formations. Each lays claim to a particular set of un-relatable “lived experiences,” as if hell-bent on proving the old psychoanalytic trope of Narzissmus der kleinen Differenzen (narcissism of small differences).

“Decolonial” criticism is an example of just this sort of vogue academic approach, which can be grafted onto preexisting disciplines and practices with relative ease. Still further, in so doing, it offers the semblance of radicalism, because it appears to challenge the tacit erasures and hidden presuppositions of prior revolutionary perspectives. In reality, however, it simply transposes dependency theory in the realm of economics onto that of epistemology. Third-worldism, based on the model proposed by the French demographer Alfred Sauvy in 1952, has been supplanted by talk of the Global South, based on the line proposed by the former West German chancellor Willy Brandt in 1983. But the substance remains the same. Mainly it consists in diagnosing the allegedly Eurocentric prejudices of various bodies of knowledge, down to their very methodologies, and then enjoining individuals to decolonize their minds. “Kill the cop in your head!” is seemingly replaced by “kill the Pilgrim in your head!” Recently, this procedure has even sought to “colonize” dialectical thought, although in the name of its decolonization. Here it becomes worthwhile to review one of the more elaborate efforts to subsume dialectics under difference.

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Materialistische Dialektik bei Marx und über Marx hinaus


Die Akten der Tagung wurden mit dem Titel Materialistische Dialektik bei Marx und über Marx hinaus als elektronische Publikation veröffentlicht. Der Sammelband kann HIER kostenlos gelesen und heruntergeladen werden.

The conference proceedings have been published online with the title Materialistische Dialektik bei Marx und über Marx hinaus. The book can be read and downloaded without any charge by clicking HERE.

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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


Communism for Kids

Communism For Kids

By Bini Adamczak

Translated by Jacob Blumenfeld and Sophie Lewis


Once upon a time, people yearned to be free of the misery of capitalism. How could their dreams come true? This little book proposes a different kind of communism, one that is true to its ideals and free from authoritarianism. Offering relief for many who have been numbed by Marxist exegesis and given headaches by the earnest pompousness of socialist politics, it presents political theory in the simple terms of a children’s story, accompanied by illustrations of lovable little revolutionaries experiencing their political awakening.

It all unfolds like a story, with jealous princesses, fancy swords, displaced peasants, mean bosses, and tired workers–not to mention a Ouija board, a talking chair, and a big pot called “the state.” Before they know it, readers are learning about the economic history of feudalism, class struggles in capitalism, different ideas of communism, and more. Finally, competition between two factories leads to a crisis that the workers attempt to solve in six different ways (most of them borrowed from historic models of communist or socialist change). Each attempt fails, since true communism is not so easy after all. But it’s also not that hard. At last, the people take everything into their own hands and decide for themselves how to continue. Happy ending? Only the future will tell. With an epilogue that goes deeper into the theoretical issues behind the story, this book is perfect for all ages and all who desire a better world.

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The Bleak Left: On Endnotes