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Offers a fresh interpretation of Marx's great work. This book shows how the novelty and lasting interest of Marx's theory arises from the fact that, as against the project of a 'pure' economics, it is formulated in concepts that have simultaneously an economic and a political aspect, neither of these being separable from the other.
This book argues that the dialectic of Marx's Capital has a systematic, rather than historical, character. It sheds new light on Marx's great work, while going beyond it in many respects.
The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.
"Delving into Karl Marx's central works as well as his natural scientific notebooks, published only recently and still being translated, [the author] argues that Karl Marx actually saw the environment crisis embedded in captialism. [The book] shows us that Marx has given us more than we once thought, that we can now come closer to finishing Marx's critique, and to building a sustainable ecosocialist world."--Page [4] of cover.
When he died, Marx left his opus Capital unfinished. But how incomplete was the project? This volume offers the first comprehensive answer.
In Marx ́s Capital, Method and Revolutionary Subjectivity, Guido Starosta develops a materialist inquiry into the social and historical determinations of revolutionary subjectivity. Through a methodologically-minded critical reconstruction of the Marxian critique of political economy, from the early writings up to the Grundrisse and Capital, this study shows that the outcome of the historical movement of the objectified form of social mediation, which has turned into the very alienated subject of social life (i.e., capital), is to develop, as its own immanent determination, the constitution of the (self-abolishing) working class as a revolutionary subject. A crucial element in this intellectual endeavour is the focus on the intrinsic connection between the specifically dialectical form of social science and its radical transformative content.
Prologue -- The visualisation of capital as value in motion -- Capital, the book -- Money as the representation of value -- Anti-value: the theory of devaluation -- Prices without values -- The question of technology -- The space and time of value -- The production of value regimes -- The madness of economic reason -- Coda
“My aim is to get you to read a book by Karl Marx called Capital, Volume 1, and to read it on Marx’s own terms…” The biggest financial crisis since the Great Depression has generated a surge of interest in Marx’s work in the effort to understand the origins of our current predicament. For nearly forty years, David Harvey has written and lectured on Capital, becoming one of the world’s most foremost Marx scholars. Based on his recent lectures, this current volume aims to bring this depth of learning to a broader audience, guiding first-time readers through a fascinating and deeply rewarding text. A Companion to Marx’s Capital offers fresh, original and sometimes critical interpretations of a book that changed the course of history and, as Harvey intimates, may do so again. David Harvey’s video lecture course can be found here: davidharvey.org/reading-capital/
This volume, originally published in French under the title Que faire du Capital?, offers a new interpretation of Marx’s great work. It shows how the novelty and lasting interest of Marx’s theory arises from the fact that, as against the project of a ‘pure’ economics, it is formulated in concepts that have simultaneously an economic and a political aspect, neither of these being separable from the other. Jacques Bidet conducts an unprecedented investigation of Marx’s work in the spirit of the history of science, exploring it as a process of theoretical development. Traditional exegesis reads the successive drafts of Capital as if they were complementary and mutually illuminated one another. In actual fact, like any scientist, Marx only wrote a new version in order to correct the previous one. He started from ideas borrowed from Ricardo and Hegel, and between one draft and the next it is possible to see these being eliminated and restructured. This labour, moreover, was never fully completed. The author thus re-assesses Marx’s entire system in its set of constitutive categories: value, market, labour-power, classes, working class, exploitation, production, fetishism, ideology. He seeks to pin down the difficulties that these encountered, and the analytical and critical value they still have today. Bidet attaches the greatest importance to Marx’s order of exposition, which assigns each concept its place in the overall system, and makes the validity of the construction depend on the pertinence of its initial presuppositions. This is particularly the case with the relationship between market mechanism and capitalism – and thus also between the market and socialism. This books an English translation of Jacques Bidet, Que faire du capital? Philosophie, economie et politique dans "La Capital" de Marx, published y Presses Universitaires de France, Paris, 2000.