Political Theory

Download Capitalism: A Companion to Marx’s Economy Critique by Johan Fornäs PDF

By Johan Fornäs

Within the so much entire, actual and obtainable presentation of Karl Marx’s thought of capitalism so far, Johan Fornäs offers a consultant for a person who desires to know the way today’s crisis-ridden society has emerged and is ready to maintain and accentuate its personal deep internal contradictions. Capitalism basically explains those contradictions, that are so suitable back at the present time within the wake of the monetary crisis.

This transparent and fascinating consultant explains capitalism for absolute newbies. Fornäs situates Marx’s principles in context, final devoted to the strategies and constitution of his paintings. this entire advent to Marx’s financial system critique covers all 3 volumes of Capital. It explores the entire major points of Marx’s paintings – together with his fiscal thought, his philosophical sophistication and his political critique – introducing the reader to Marx’s regular mix of sharp arguments, ruthless social reportage and utopian visions.

This e-book can be of curiosity to scholars through the social sciences and arts, together with these learning sociology, social concept, economics, enterprise reviews, historical past, cultural reviews, and politics.

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Extra resources for Capitalism: A Companion to Marx’s Economy Critique (Routledge Advances in Sociology)

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Most people in such a society are wage-labourers working under conditions over which they have little or no influence at all. They own their capacity for working and have to sell it in order to survive, as tools, machines, raw materials and products are owned by a tiny minority of capitalists. This key relation between workers and capitalists must be understood on the basis of the characteristics of commodity production in general, before the specificity of labour-power as a peculiar commodity is introduced.

But still, values are as real as prices, and no more than the forms of appearance are these essential values imaginary constructions only in the head of Marx. Essence and form of appearance can only be distinguished in a relative manner. What is essence in one context can in another context, compared to other phenomena, be regarded as a form of appearance. The whole scale or tree of different essential relations and appearances exist in capitalist reality, not just in the Marxist theory of capitalism.

In practice the difference is rarely that important and he often slides between them in a less rigorous manner. One may understand this in terms of essence and appearance. Value belongs to the essence of a commodity and is measured in labour-time. As this labour-time spent on making a commodity is not directly visible, it has to appear in some other form than as hours and minutes. When value appears, it takes the form of exchange-value. We have seen that when commodities are in the relation of exchange, their exchange-value manifests itself as something totally independent of their use-value.

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