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What is money? What is capital? The Spectre of Capital tackles such fundamental questions at a deep philosophical level. It argues that the modern world is ruled by a ‘spectre’, the spectre of capital. This insight is rooted in an original combination of the ideas of Marx and Hegel. It presents the most sophisticated argument to date for ‘the homology thesis’, namely that the order of Hegel’s logical categories, and that of the social forms addressed by Marx’s Capital, share the same architectonic. The systematic-dialectical presentation shows how capital becomes a self-sustaining power.
This book explores a variety of interconnected themes central to contemporary Marxist theory and its further development as a critical social theory. Championing the critique of political economy as a critical theory of society and rejecting Marxian economics as a contradiction in terms, it argues instead that economic categories are perverted social categories, before identifying the sheer unrest of life - the struggle to make ends meet - as the negative content of the reified system of economic objectivity. With class struggle recognised as the negative category of the cold society of capitalist wealth, which sees in humanity a living resource for economic progress, the author contends that the critique of class society finds its rational solution in the society of human purposes, that is, the classless society of communist individuals. A theoretically sophisticated engagement with Marxist thought, A Critical Theory of Economic Compulsion will appeal to scholars of social and political theory with interests in critical theory and post-capitalist imaginaries.
The book presents a high-impact re-reading of core topics in the Marx and Marxist debates including: value-theory, the commodity-nature of money, complex or skilled labour, the determination of the value of labour-power and the nature of extraordinary surplus value. Drawing on this literature, the book provides original and innovative insights into key controversies in contemporary capitalism such as the increasingly intellectual character of commodity-producing labour, the emergence of global value chains, the relevance of ground-rent bearing commodities, and the specific, uneven developmental dynamics of "resource-rich" countries in the global process of capital accumulation. Contributing to the renewed vitality of critical studies of the economic works of Karl Marx, this book will be essential reading for all those interested in contemporary debates within Marxism, as well as readers of political economy, economics, development studies and economic sociology.
While the explicit Althusserian engagement with Marx’s Capital remained largely limited to Reading Capital, after 1968, Nick Nesbitt argues, this theoretical intervention remained insistent, adopting the form of a general theory of materialist dialectic. The book thus analyzes the Althusserianist theory of a materialist dialectic across diverse sites including Althusser’s unpublished archive, Macherey’s exposition of Spinoza’s Ethics, and Badiou’s Logics of Worlds, while simultaneously bringing this fully-developed theory of materialist dialectic to bear anew on the reading of Capital itself, to show that Spinoza's influence on Marx is far greater--and that of Hegel increasingly diminishing--than has been previously thought.
Following the 100th anniversary of Pashukanis’ General Theory of Law and Marxism (1924), this volume aims to breathe new life into the main category of Pashukanian legacy, the concept of legal form. This book offers new, deeper and more general, ways in which the concept of legal form can be used to push forward Marxist – post-Marxist or hauntingly Marxist – legal theory. Accordingly, this book does not pledge allegiance to reconstructing and reconsidering the official interpretative legacy of the legal form. Instead, it mobilises the revolutionary conceptual potentialities that this term contains. When investigated thoroughly, and in many dimensions, the legal form becomes a privileged vantage point not only into the greatest law-related riddles of Marxism (such as the relation between economy and the state or withering away of statal apparatuses), but the whole of modernity as the epoch determined by – if not overlapping with – capitalism. This book aims to think with the legal form rather than explain this concept. In so doing, it offers a panoply of theoretical perspectives that address legal subjectivity, abstraction, autonomy of the law and, last but not least, withering away of the law. This contemporary interrogation of the relevance of the concept of legal form will be of considerable interest to scholars and students of legal and political theory.
This scholarly book conducts an extensive exploration into the central ideas of Karl Marx, focussing on the key concepts that have defined his thought and legacy. Bringing together a wealth of internationally renowned contributors, across different generations, Marx: Key Concepts analyses in depth Marx’s theories of (surplus) value, money, and capital, and their reception in classical and contemporary economic, sociological and philosophical debates.
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.
Prodigiously influential, Jacques Derrida gave rise to a comprehensive rethinking of the basic concepts and categories of Western philosophy in the latter part of the twentieth century, with writings central to our understanding of language, meaning, identity, ethics and values. In 1993, a conference was organized around the question, 'Whither Marxism?’, and Derrida was invited to open the proceedings. His plenary address, 'Specters of Marx', delivered in two parts, forms the basis of this book. Hotly debated when it was first published, a rapidly changing world and world politics have scarcely dented the relevance of this book.
This is the first book written in English that tries to expose the “thing-in-itself (or inner logic)” of capitalism in a form homomorphic to Hegel’s Logic, following the method previously established in Japan by Kôzô Uno (1987-1977). Neither 'bourgeois-liberal' nor even 'conventionally-Marxist' economics possess a logical (hence objective) knowledge of capitalism as such, which is regrettable. The manuscript of this book was completed in typescript at York University, Canada, in 1983, then privately published in that form by the author in about 500 copies, which are by now virtually dispersed. In order, however, to re-launch economics as objective knowledge, when the world must prepare itself to correctly terminate capitalism, we need to rediscover a book of this kind as a dependable guide.