Fetishism and the Theory of Value - Reassessing Marx in the 21st Century (Hardcover, 1st ed. 2021)

This book demonstrates the continuing relevance of Marx's critique of the capitalist system, in which value is simply equated with market price. It includes chapters specifically on the environment and financialisation, and presents Marx's qualitative theory of value and the associated concept of fetishism in a clear and comprehensive manner. Section I demonstrates how fetishism developed in Marx's writing from a journalistic metaphor to an analytical device central to his critique. In Section II, commodity fetishism is distinguished from other forms: of money, capital and interest-bearing capital. There follows an analysis of Marx's complex attempt to distinguish his argument from that of Ricardo, and Samuel Bailey. The section ends with a discussion of the ontological status of value: as a social rather than a natural phenomenon. Section III considers the merits of understanding value by analogy with language, and critically assesses the merits of structural Marxism. Section IV challenges Marx's emphasis solely on production, and considers also exchange and consumption as social relations. Section V critically assesses recent Marx-inspired literature relating to the two key crises of our time, finance and the environment, and identifies strong similarities between the key analytical questions that have been debated in each case.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Palgrave Studies in the History of Economic Thought
Release date:	November 2020
First published:	2021
Authors:	Desmond McNeill
Dimensions:	210 x 148mm (L x W)
Format:	Hardcover
Pages:	322
Edition:	1st ed. 2021
ISBN-13:	978-3-03-056122-2
Languages:	English
Subtitles:	English
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > Economic theory & philosophy Books > Humanities > History > History of specific subjects > Economic history Books > Social sciences > Sociology, social studies > Anthropology > General Books > History > History of specific subjects > Economic history
LSN:	3-03-056122-4
Barcode:	9783030561222

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