Critiquing Capitalism Today

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.

Critically introduces readers to new readings of Marx's theory of value and critique of political economy for a contemporary age of crisis Relates contemporary interpretations of Marx's work to their context within the wider development of Marxist theory, at a time of renewed interest and academic and political uptake Interrogates prevailing optimism about the future of work in an age of machines and 'immaterial labour', conceptualizing what has changed and what has not about work and economic life under capitalism

Autorentext

Frederick Harry Pitts is Lecturer in Management at the School of Economics, Finance and Management, University of Bristol, UK.

Klappentext

This book critically introduces and compares two of the most compelling contemporary schools of Marxist thought: the German Neue Marx-Lekture, or New Reading of Marx, and Italian postoperaismo. In so doing, it radically updates our understanding of the key categories of Marx's critique of political economy- including value, money, labour, class and crisis- in light of new and exciting theoretical developments. The New Reading of Marx reevaluates Marx's Capital in the shadow of the first-generation Frankfurt School, finding an increasing uptake in the Anglophone world. Postoperaismo reconceptualises Marx's work in the wake of the Grundrisse, its theories of immaterial labour and capitalist crisis finding growing favour beyond the radical fringe via recent bestsellers like Paul Mason's Postcapitalism. Drawing on the first to engage in a pathbreaking critique of the second at a time of peak interest in its optimistic prospectus, thebook brings into critical dialogue important modern thinkers such as Michael Heinrich, Werner Bonefeld, and Antonio Negri. In so doing, Critiquing Capitalism Today serves as both an introduction to each of these radical reinterpretations of Marx's critique of political economy, and a contribution to continuing debates within and between these and other strands of contemporary Marxism. Advancing knowledge in the field by bridging recent scholarship with older material, including the works of Marx himself, Theodor Adorno and Alfred Sohn-Rethel, it relates theoretical disputes with their historical context in capitalist society itself, keeping an empirical focus that clarifies complex conceptual material for readers new to these cutting-edge currents of critical thought.

Inhalt

1. Introduction: Marxian Value Theory in New Times.- 2. Value, Time and Abstract Labour.- 3. Money and the Exchange Abstraction.- 4. Labour in the Valorisation Process.- 5. Class, Critique and Capitalist Crisis.- 6. Immanence, Multitude and Empire.- 7. The Fragment on Machines.- 8. A Crisis of Measurability.- 9. Creative Industries and Commodity Exchange.- 10. Conclusion: From Postoperaismo to Postcapitalism.