Marx, Engels, and Marxisms

Critiquing Capitalism Today

New Ways to Read Marx

Authors: Pitts, Frederick Harry

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  • Critically introduces readers to new readings of Marx’s theory of value and critique of political economy for a contemporary age of crisis
  • Relates contemporary interpretations of Marx’s work to their context within the wider development of Marxist theory, at a time of renewed interest and academic and political uptake
  • Interrogates prevailing optimism about the future of work in an age of machines and ‘immaterial labour’, conceptualizing what has changed and what has not about work and economic life under capitalism
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Softcover $37.99
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About this book


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.


About the authors

Frederick Harry Pitts is Lecturer in Management at the School of Economics, Finance and Management, University of Bristol, UK.

 

Reviews

“The theory of value introduced in this book abandons the dialectic, and seems to justify the capitalist mode of production via a sort of Millian utilitarianism, where the concept of ‘happiness’ is replaced by ‘social validation.’ Eventually, the crises of overproduction – necessary within the capitalist mode of production – would be deduced from ‘social validation,’ i.e., from an effect, and not from intrinsic causal laws.” (Dario Cositore, Contemporary Political Theory, Vol. 19 (4), December, 2020)
This book rejects the idea that we have entered a postcapitalist reality as at best wishful thinking and pure ideology at worst. Pitts looks into the eye of the storm that is brewing all around us, laying bare the sheer unrest of life in a system of wealth in which money only counts as more money. A remarkable book.” (Werner Bonefeld, Professor of Politics, University of York) “This book challenges postoperaismo’s overestimation of workers’ power and its recent reception in postcapitalist dreams of an automated future. Maturing in these pages is a new way to read Marx and understand resistance in a money-dominated world.” (Ana Dinerstein, Associate Professor of Sociology, University of Bath) 

Too much fashionable thinking on the left lacks rigour and an appreciation of the history of Marxist thought. This is especially the case when we consider value theory and alternative approaches to the world of work. In contrast this exceptional book knows its subject matter- and demands to be read by anyone who claims allegiance to the contemporary left.” (Jon Cruddas MP, Visiting Professor, Centre of Sustainable Work and Employment Futures, University of Leicester)

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook $29.99
price for USA in USD
  • ISBN 978-3-319-62633-8
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-62632-1
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $37.99
price for USA in USD
  • ISBN 978-3-319-87360-2
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Critiquing Capitalism Today
Book Subtitle
New Ways to Read Marx
Authors
Series Title
Marx, Engels, and Marxisms
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-62633-8
DOI
10.1007/978-3-319-62633-8
Hardcover ISBN
978-3-319-62632-1
Softcover ISBN
978-3-319-87360-2
Series ISSN
2524-7123
Edition Number
1
Number of Pages
XIV, 279
Topics