So I’m ready to write my conclusion. Where I think I’m heading towards proposing some sort of fusion between Value-Form Theory, Critical Theory and Political Marxism. Am I bonkers? Or so bonkers I’m staring totality right in the motherfucking face!
But how will this work? Well I could just say they will all be dialectically related and go and eat my dinner. But before I grab some dinner some thoughts on how they complement each other:
(1) Value-Form theory provides a model of how capital functions as a specifically form of social production at its ideal average. However, this theory is incomplete and does not account for empirical reality.
(2) Elements of Critical Theory could be amended for more complex theoretical account of how Capital functions in capitalist society. However, Critical Theory would have to be amended since: (a) let’s be honest a lot of it is shit. (b) it weren’t so bothered with an accounts of how the social and cultural forms they analyzed were constituted or constitutive of Capital.
(3) Political Marxism could be used to integrate these theoretical ideas with empirical reality, specifically in terms of how these ideal essences appear in the current conjuncture of capitalism. (I realize political marxists would not be keen on this approach but i think it has more potential than people like knafo who have tried it the other way around) The Frankfurt School already tried this to some degree, unfortunately–except for Neumann– their empirical theorists were shit. (I’m looking at you Pollack).
Now of course there is already a close relation between some value-form theory and some critical theory. However, I’m not aware of anything– with the possible exception of Endnotes 2–that tries to integrate these three strands. So as far as grandiose speculative gestures go I think its worth thinking about.