Monthly Archives: February 2013

Value in 1861-63 continued

  “In so far as the surplus product is valorised anew as surplus capital, enters anew the labour process and the process of self-valorisation, it divides itself into: 1) means of subsistence to be exchanged for labour capacity. This part … Continue reading

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The independent being-for-itself of Value

More on value in terms of autonomous personification and inversion: “The independent being-for-itself of value in the form of money (as value) or materially in the form of productive capital, means of production, which also includes means of subsistence — … Continue reading

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Bellofiore on the crisis.

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Productive Labour in 1861-63

Near the end of the 1861-63 notebooks Marx returns to the distinction between productive and unproductive labour. The following is a particularly definition of productive labour: “In the real production process labour is converted in reality into capital, but thisconversion … Continue reading

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Captialism as the rule of things over people.

Boosh– “The material result of capitalist production — apart from the development of the productive powers of social labour itself, which here appear to be merely means for the exploitation of labour — is an increase in the amount of … Continue reading

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Capital in 1861-63 Continued.

And the following lengthy which incorporates many of the phenomena I have posted on such as domination, personification, reification, subsumption, valorisation, science etc. in one fell swoop. This is why its worth quoting in full: The capitalist himself only holds … Continue reading

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Fetish Character and personification in 18661-63 Continued.

Another of Marx’s summary notes that recall the logic of the fragmentary argument he presents over the course of the 1861-63 manuscripts. I highlight it for the continued emphasis on personification and the fetish characteristic properties of value. Note here … Continue reading

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On the dissolution of fetish forms.

Some great passages on Marx’s notes on real and formal subsumption in the 1861-63 manuscripts such as the following which gestures towards the historical specificity of the social ontology of capitalist labour as expressed in the fetish characteristic forms of … Continue reading

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Feb 14th.

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The Value of Science.

Applicable to academic reproduction to I would argue: “The product of mental labour — science — always stands far below its value, because the labour time needed to reproduce it has no relation at all to the labour time required … Continue reading

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