Critiquing Capitalism Today: New Ways to Read Marx (Marx, Engels, and Marxisms)

This book critically introduces and compares two of the most compelling contemporary schools of Marxist thought: the German __Neue Marx-Lekture__, or New Reading of Marx, and Italian postoperaismo. In so doing, it radically updates our understanding of the key categories of Marx’s critique of political economy- including value, money, labour, class and crisis- in light of new and exciting theoretical developments. The New Reading of Marx reevaluates Marx’s __Capital__ in the shadow of the first-generation Frankfurt School, finding an increasing uptake in the Anglophone world. Postoperaismo reconceptualises Marx’s work in the wake of the __Grundrisse__, its theories of immaterial labour and capitalist crisis finding growing favour beyond the radical fringe via recent bestsellers like Paul Mason’s __Postcapitalism__. Drawing on the first to engage in a pathbreaking critique of the second at a time of peak interest in its optimistic prospectus, the book brings into critical dialogue important modern thinkers such as Michael Heinrich, Werner Bonefeld, and Antonio Negri. In so doing, __Critiquing Capitalism Today__ serves as both an introduction to each of these radical reinterpretations of Marx’s critique of political economy, and a contribution to continuing debates within and between these and other strands of contemporary Marxism. Advancing knowledge in the field by bridging recent scholarship with older material, including the works of Marx himself, Theodor Adorno and Alfred Sohn-Rethel, it relates theoretical disputes with their historical context in capitalist society itself, keeping an empirical focus that clarifies complex conceptual material for readers new to these cutting-edge currents of critical thought. "This book critically introduces two compelling contemporary schools of Marxian thought: the New Reading of Marx of Michael Heinrich and Werner Bonefeld, and the postoperaismo of Antonio Negri. Each stake novel claims on Marx value theory, the first revisiting key categories of the critique of political economy through Frankfurt School critical theory, the second calling the law of value into crisis with reference to Marx rediscovered fragment on Machines Today postcapitalist conceptualisations of a changing workplace excite interest in postoperaist projections of a crisis of measurability sparked by so-called immaterial labour. Using the New Reading of Marx to question this prospectus, Critiquing Capitalism Today clarifies complex debates for newcomers to these cutting-edge currents of critical thought, looking anew at value, money, labour, class and crisis."-- Provided by publisher Front Matter ....Pages i-xiv Introduction: Marxian Value Theory in New Times (Frederick Harry Pitts)....Pages 1-19 Front Matter ....Pages 21-21 Value, Time and Abstract Labour (Frederick Harry Pitts)....Pages 23-51 Money and the Exchange Abstraction (Frederick Harry Pitts)....Pages 53-69 Labour in the Valorisation Process (Frederick Harry Pitts)....Pages 71-103 Class, Critique and Capitalist Crisis (Frederick Harry Pitts)....Pages 105-137 Front Matter ....Pages 139-139 Immanence, Multitude and Empire (Frederick Harry Pitts)....Pages 141-167 The Fragment on Machines (Frederick Harry Pitts)....Pages 169-190 A Crisis of Measurability (Frederick Harry Pitts)....Pages 191-219 Creative Industries and Commodity Exchange (Frederick Harry Pitts)....Pages 221-247 Conclusion: From Postoperaismo to Postcapitalism (Frederick Harry Pitts)....Pages 249-261 Back Matter ....Pages 263-279 Annotation This book critically introduces two compelling contemporary schools of Marxian thought: the New Reading of Marx of Michael Heinrich and Werner Bonefeld, and the postoperaismo of Antonio Negri. Each stake novel claims on Marx's value theory, the first revisiting key categories of the critique of political economy through Frankfurt School critical theory, the second calling the law of value into crisis with reference to Marx's rediscovered 'Fragment on Machines'. Today, 'postcapitalist' conceptualisations of a changing workplace excite interest in postoperaist projections of a crisis of measurability sparked by so-called immaterial labour. Using the New Reading of Marx to question this prospectus, Critiquing Capitalism Today clarifies complex debates for newcomers to these cutting-edge currents of critical thought, looking anew at value, money, labour, class and crisis