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

By Johan Fornäs

Within the so much entire, actual and available presentation of Karl Marx’s idea of capitalism to this point, Johan Fornäs offers a advisor for somebody 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 sincerely explains those contradictions, that are so suitable back this day within the wake of the monetary crisis.

This transparent and interesting consultant explains capitalism for absolute rookies. Fornäs situates Marx’s principles in context, final trustworthy to the options and constitution of his paintings. this whole creation to Marx’s economic system critique covers all 3 volumes of Capital. It explores the entire major elements of Marx’s paintings – together with his fiscal conception, his philosophical sophistication and his political critique – introducing the reader to Marx’s common combination of sharp arguments, ruthless social reportage and utopian visions.

This ebook could be of curiosity to scholars during the social sciences and arts, together with these learning sociology, social concept, economics, enterprise stories, background, cultural reviews, and politics.

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

Example text

The basic essential concepts do not disappear when the more concrete forms are reached. They persist, but are enriched by new determinations, attributes and modifications. Values are for instance modified by competition, but remain as a basis for prices. Some themes can be discussed on several levels, but are fully understood first at a later stage of concretisation. One may for example mention certain general conditions for crises already at the level of simple exchange. But a full analysis of real crises was something Marx had planned to offer only after he had first dealt with competition, classes, state and the world market.

In reality, all thought, knowledge and method has its root in the historical society in which it emerges. Understanding method as ‘timeless’ fits an idea of capitalism as eternal and natural. Bourgeois economy and social science tend to identify capitalism with human civilisation in general, neglecting the particular and situated form of human activities in our time, making them different from in earlier epochs. Many Marxists have also isolated methods as a system of universal laws, while the opposite view on methods as always dependent on the real practices of a specific time and society is a facet of the materialism of living Marxism.

Weaving remains weaving even as linen is compared and thus put on equal footing with coats. The exchange expresses in practice the similarity between the two kinds of labour, in spite of their mutual differences, and it is precisely because they are different that anybody cares for exchanging and therefore comparing them. The equal and measurable general labour invested in the commodities gives them the shared quality of being values. There is here a direct translation between the shared quality of general labour (in the activity) and the quality of value (in the commodity).

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