Value In Capitalist Society
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Value in Capitalist Society
Marx’s analysis of the commodity results in his conception of Capital as substance in the form of alienation. While Hegel claims that substance can be understood as the realization of freedom, Marx shows this freedom to be alienated labor: abstract labor, which Marx identifies as the capitalist conception of value. The book clarifies why Marx’s so-called materialist criticism of Hegel can be conceived of as an immanent criticism of Hegel: Marx’s criticism explicates that the realization of freedom in the Philosophy of Right contradicts Hegel’s basic point of departure. The adequate realization of freedom not only leads to an alternative (non-alienated) conception of value, but also explains why this conception of value is fully compatible with the free market.
Value
This influential collection of essays focuses on the elusive concept of "value," and aims to answer the question "Why is Marx's theory of value so important?" Aboo Aumeeruddy and Ramon Tortajada introduce the key interpretive debates surrounding "value form," leading to seminal essays by Jairus Banaji and Chris Arthur. The labour theory of value is interrogated by Geoffrey Kay and Athar Hussain, and Diane Elson concludes with an argument for the importance of Marx's "Value Theory of Labour." These incisive and erudite texts provide a crucial introduction to Marxist political economy, as well as advancing critical arguments for those already well versed in the field.
Essays on Marx's Theory of Value
Political economy, defined in the study of social relations and culture. Originally published in the former Soviet Union, was suppressed and after 1928 it was never re-issued. This is the first English-language edition. Includes an outstanding introductory essay on "Commodity Fetishism" by Freddy Perlman.