Marx and the Alternative to Capitalism

Marx and the Alternative to Capitalism
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Marx's Concept of the Alternative to Capitalism

The nub of the argument is expressed as follows: For Hudis, the key is the dual character of the labour contained in commodities abstract vs concrete labour , a distinction whose omission fatally flawed the works of great thinkers from Aristotle to Ricardo. Hudis shows that Marx himself only fully worked this out in the drafts of the first volume of Capital and notes that it was on this point that Marx, for the only time, used the first person in the body of Capital —a claim of scientific discovery , note From this all the other key concepts can be derived, both logically and in practice, lived experience.

Hudis explains that Marx puns on the German terms for inversion and madness, and comments: Given the centrality of the distinctions between concrete labour and socially necessary labour, use value and exchange value, and the inversion of subject and object it is clear that to emerge from the grip of capitalism all these conditions of social organization will have to be transcended.

As is well-known Marx argues that species-being—the capacity for free, conscious, purposeful activity—is systematically subverted by the capitalist system. This is achieved on several levels: In , in volume two of Capital a passage that Engels left out Marx says: Hudis himself is attached to the Marxist-Humanist school inspired by Rosa Luxemburg and, more recently, Raya Dunayevskaya and he has published on the work of both of them, though he rarely allows this to cloud his judgement.

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Economically, the alternative to capitalism has to abolish socially necessary labour, exchange value, and the wage system, and restore concrete labour and use value to their true places at the centre of the quest for human freedom, the argument being that free men and women will not chose capitalism. Marx's Concept of the Alternative to Capitalism Series: Historical Materialism Book Series , Volume: In contrast to the traditional view that Marx's work is restricted to a critique of capitalism and does not contain a detailed or coherent conception of its alternative, this book shows, through an analysis of his published and unpublished writings, that Marx was committed to a specific concept of a post-capitalist society that informed his critique of value production, alienated labor and capitalist accumulation.

Instead of focusing on the present with only a passing reference to the future, Marx's emphasis on capitalism's tendency towards dissolution is rooted in a specific conception of what should replace it.

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In critically re-examining that conception, this book addresses the quest for an alternative to capitalism that has taken on increased importance today. The specific requirements or preferences of your reviewing publisher, classroom teacher, institution or organization should be applied. The E-mail Address es field is required. Please enter recipient e-mail address es. The E-mail Address es you entered is are not in a valid format.

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The first section briefly outlines Marx's life and the development of his work, then goes on to clearly explain his key theories, including historical materialism and surplus value. The second is the problem of growth and degrowth. Allen explains that the current crisis is a consequence of a system driven to grab short-term profits. Peter Hudis has made good use of the earlier volumes of this new edition to demonstrate that, contrary to popular and scholarly opinion, Marx did have a largely coherent concept of the postcapitalist future — socialism not a stage, coterminous with communism. Similar Items Related Subjects: The first s If we are serious about finding a different way to run the post-credit crunch society, we must start by introducing alternatives to undergraduates.

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Peter Joseph: Eviscerating Capitalism & Building New Alternatives

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Marx and the alternative to capitalism Author: English View all editions and formats Summary: The first section briefly outlines Marx's life and the development of his work, then goes on to clearly explain his key theories, including historical materialism and surplus value.