The Capitalist Schema

Download or read book The Capitalist Schema written by Christian Lotz and published by Lexington Books. This book was released on 2014-09-09 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Christian Lotz argues that Immanuel Kant’s idea of a mental schematism, which gives the human mind access to a stable reality, can be interpreted as a social concept, which, using Karl Marx, the author identifies as money. Money and its “fluid” form, capital, constitute sociality in capitalism and make access to social reality possible. Money, in other words, makes life in capitalism meaningful and frames all social relations. Following Marx, Lotz argues that money is the true Universal of modern life and that, as such, we are increasingly subjected to its control. As money and capital are closely linked to time, Lotz argues that in capitalism money also constitutes past and future “social horizons” by turning both into “monetized” horizons. Everything becomes faster, global, and more abstract. Our lives, as a consequence, become more mobile, “fluid,” unstable, and precarious. Lotz presents analyses of credit, debt, and finance as examples of how money determines the meaning of future and past, imagination, and memory, and that this results in individuals becoming increasingly integrated into and dependent upon the capitalist world. This integration and dependence increases with the event of electronics industries and brain-science industries that channel all human desires towards profits, growth, and money. In this way, the book offers a critical extension of Theodor Adorno’s analysis of exchange and the culture industry as the basis of modern societies. Lotz argues—paradoxically with and against Adorno—that we should return to the basic insights of Marx’s philosophy, given that the principle of exchange is only possible on the basis of more fundamental social and economic categories, such as money.

Download or read book Marxian Reproduction Schema written by Andrew Trigg and published by Routledge. This book was released on 2006-04-18 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the role of money. This book synthesizes various strands of economic thought to enable the reader to understand and clarify the structure of the reproduction schema. This synthesis will challenge prevailing orthodoxies. This book constructs a macro monetary model which draws on a wide range of economic theories, within both the Marxian economic tradition, and the tradition of Keynes, Kalecki, Domar, Sraffa and Leontief. Marxian economics has been dominated by supply-side thinking, including general equilibrium theory and pronouncements about the shortage of surplus value, whilst Post Keynesians have failed to take seriously the importance of reproduction and the multisectoral structure of capitalism. By locating aggregate demand and the circuit of money in the reproduction schema, this key book provides an analytical contribution to both Marxian and Post Keynesian economics.

Download or read book Henryk Grossman Works, Volume 1 written by Henryk Grossman and published by BRILL. This book was released on 2018-11-26 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection includes texts by Henryk Grossman that are primarily concerned with economic theory: monographs, articles, essays, letters and manuscript material. Many have never been published in English before, some in any language. The first in four volumes of Grossman’s works, it provides the basis for a deeper understanding of Grossman’s contributions to Marxist economic theory and critique of bourgeois economics. Rick Kuhn’s introduction explains the contexts in which the texts were written and establishes their contemporary relevance.

Download or read book Late Capitalism written by Ernest Mandel and published by Verso Books. This book was released on 2024-07-30 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the 'laws of motion' of the capitalist mode of production developed by Marx with the concrete history of capitalism in the twentieth century. A landmark in Marxist economic literature, Late Capitalism is specifically designed to explain the international recession of the 1970s and is an invaluable guide to understanding the nature of the world economy today. This edition includes a new introduction by Cdric Durand assessing the book's continued relevance.

Download or read book Critiquing Capitalism Today written by Frederick Harry Pitts and published by Springer. This book was released on 2017-10-17 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically introduces two compelling contemporary schools of Marxian thought: the New Reading of Marx of Michael Heinrich and Werner Bonefeld, and the postoperaismo of Antonio Negri. Each stake novel claims on Marx’s value theory, the first revisiting key categories of the critique of political economy through Frankfurt School critical theory, the second calling the law of value into crisis with reference to Marx’s rediscovered ‘Fragment on Machines’. Today, ‘postcapitalist’ conceptualisations of a changing workplace excite interest in postoperaist projections of a crisis of measurability sparked by so-called immaterial labour. Using the New Reading of Marx to question this prospectus, Critiquing Capitalism Today clarifies complex debates for newcomers to these cutting-edge currents of critical thought, looking anew at value, money, labour, class and crisis.

Download or read book Reading the Bible in an Age of Crisis written by Bruce Worthington and published by Augsburg Fortress Publishers. This book was released on 2015 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live in an age in which economic, ecological, and political crises are not the exception, but the rule. The Cold War polarities that shaped an earlier "political exegesis" have been replaced; Bruce Worthington argues that increasingly, crisis is the engine of a global "turbo-capitalism." In this volume, edited by Worthington, biblical scholars and activists describe and exemplify the shape of a biblical interpretation that takes contemporary crisis seriously as its most important context. Succinct opening essays summarize the salient aspects of our critical situation, especially in relation to the dominance of capitalism and its pervasive values; in later parts, contributions address themes of economic, political, and environmental crisis in dialogue with texts from the First and Second Testaments. Throughout the volume, the authors are careful to describe the basis for making interpretive analogies across historical, cultural, and socioeconomic distances between the world of the Hebrew Bible, the New Testament, and our own. Richard A. Horsley writes a postscript pointing to next steps in political interpretation.

Download or read book Rosa Luxemburg and the Critique of Political Economy written by Riccardo Bellofiore and published by Routledge. This book was released on 2009-05-27 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the important contributions of Rosa Luxemburg to economic theory as well as devoting some space to her background as a left social-democratic politician and her personality. The book's main focus of attention is the theory of capitalist development and the theory of the crash, but its connection with the theory of value, the theory of the monetary circuit, the theory of distribution and the theory of international finance are also explored. The contributors to the volume come from different theoretical perspectives, both from within and outside the Marxian tradition - Post-Keynesians, Kaleckians and Circuitists are all included.