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Archive for 'Fetish'

Elliptical Critique

Light posting for the moment, as it’s the beginning of our term here, and so things are quite hectic, but I wanted to pick up on one small point that had occurred to me in the course of responding to one of roger’s recent posts on Marx.

I’ve written quite a lot, at various times, on how I understand Capital to be putting forward a series of partial perspectives that are each looking on out specific aspects of an overarching process that is far more complex than any one of those perspectives is able to capture. This is a strategy that, I believe, weaves its way throughout the text, such that no particular moment gives us “the” critical standpoint of the text. This critical standpoint instead resides in the ability to move around amongst the available perspectives, constantly looking back over our shoulders at previous perspectives and seeing how the phenomena they described appear when viewed from a different standpoint.

One of the things revealed by this sort of fluid standpoint, I believe, is that the “same” social practices or social phenomena can carry multiple consequences – only some of which are easily visible from any particular point of view. In this context, categories like “capital” or the “commodity” – the categories often central to recent “new dialectical” interpretations of Marx – pick out what I have called “emergent effects”: these are categories that describe very complex patterns of aggregate social behaviour that are not caused by one type of social practice alone, or even by a few types of social practices operating together, but instead by the joint operation of a very wide array of social practices, none of which is immediately oriented to achieving such an aggregate effect.

Capital sets out to show – and this is its connection with Darwin’s work – how, in the absence of an overarching Designer or Plan, it is possible nevertheless for aggregate social practices to generate non-random results. To do this, it re-assembles the array of social practices Marx takes to be essential to achieving these peculiar aggregate social results, in order to show how the various bits of the array each generate some consequence that contributes to the peculiar overarching historical patterns Marx sets out to analyse.

One goal of the text, then, is to answer the question: how could a complex pattern of aggregate social behaviour come into being in the absence of a designer or a plan? And one could add: without this pattern arising from some essential characteristic of human nature, social life, or the material world? For Marx’s project differs from Darwin’s in that he is committed to showing the contingency of the patterns he describes.

This goal is important, but it is not the only goal governing Marx’s presentation in Capital. The text would be considerably simpler – but also much more one-sided – if the point were just to show how a particular sort of unintended consequence were generated if and only if a very specific array of social practices were operating in tandem.

Another important goal of the text is to explore all of the other consequences and implications of the social practices that – when they operate in tandem – generate emergent effects like “capital”. Because these other consequences and potentials are also dimensions of social experience for indigenous inhabitants of capitalist societies. Thus, when Capital unfurls the array of practices that must operate together to generate specific aggregate results, it also tarries over the more immediate consequences of each practice in the array, exploring the phenomenological experience of social actors who engage in that practice, often as this phenomenological experience shifts from moment to moment during the execution of the “same” practice, and also exploring the more immediate effects each practice generates for other social actors and for the material world.

These more immediate effects are often easier for social actors to discern – and might, in fact, be common to many periods of human history. What has changed for some practices is instead the more indirect effects these practices generate only because they are currently contributing to a complex system that is historically new. This distinction – between immediate effects that may be consciously intended or are at least easier for social actors to discern – and indirect aggregate effects that result from the simultaneous performance of many different kinds of social practices – is one of the reasons, in Marx’s account, that is it so difficult for social actors to grasp the ontological status of the phenomena observed by political economy.

Political economists don’t know “where to have” categories like “value”, because these categories express the emergent effects of many different practices – effects that are not intended, and that often do not resemble – or even “contradict” – the more immediate effects of the very same sorts of social practices that help generate this aggregate result. In this situation, the aggregate effects can come to seem like ontologically spooky results of capacities for self-organisation inherent in the material world, so long as humans keep out of the way. The contingent social basis for this “self”-organisation can come to seem mysterious and opaque. Marx believes that he can deflate this mystery – that he can demonstrate that political economy is being metaphysical in treating phenomena as “given” – by showing how aggregate effects can be produced by the combined operation of social practices whose immediate consequences may bear no resemblance to the aggregate phenomena they generate.

One side effect of this analysis is that it shows how the “same” social practices can generate “contradictory” consequences – depending on how far downstream the analysis follows the consequences that a specific social practice can generate. As Capital moves through various perspectives, what Marx is often exploring is what social tendencies look like, at the precise moment that social actors are engaging in specific forms of practice. Marx goes through dozens of forms of practice in this way – often breaking what we would casually regard as the “same” practice (like “using money”) down into sub-practices that involve very different sorts of actions and performative stances.

Then, quite brilliantly, he links up specific forms of political economic theory to the way the world looks, if you are using the perceptual and conceptual resources engendered by some specific form of practice. In this way, he establishes how, and to what extent, specific forms of political economic are “socially valid”: he shows that a specific theory expresses fairly well the forms of social experience that arise when people are, e.g., selling goods, or paying off debt, or earning interest. He then moves onto another practice, and shows that very different possibilities for social experience are opened up by that practice – and thus retroactively criticises earlier perspectives by showing that they capture only a very small part of the social experience available collectively to us.

In this way, political economic theories are revealed to be partial representations of some small dimension of social experience. They might be perfectly accurate as far as that small slice of experience is concerned, but they are guilty of over-extrapolation: they hypostatise that dimension of social experience and behave as though it operates in isolation, unchecked by the operation of any other practices. As a result, they arrive at a very poor sense of the dynamics and tendencies of capitalist production as a whole.

In Capital’s third chapter, Marx steals from Hegel an interesting image for expressing a social “contradiction”:

We saw in a former chapter that the exchange of commodities implies contradictory and mutually exclusive conditions. The further development of the commodity does not abolish these contradictions, but rather provides the form within which they have room to move. This is, in general, the way in which real contradictions are resolved. For instance, it is a contradiction to depict one body as constantly falling towards another and at the time same constantly flying away from it. The ellipse is a form of motion within which this contradiction is both realized and resolved. (198)

In capitalism’s much more complex elliptical movement, poor forms of theory operate like someone who sees only one dimension of the ellipse, and doesn’t understand how that dimension is checked by other, contradictory tendencies. So they rightly see that one tendency is that two bodies are constantly falling toward one another, and they declare that the fundamental law of motion is that they shall crash! Or they rightly see that one tendency is that two bodies are constantly flying apart, and they declare that the fundamental law of motion is that they shall become ever more distant from one another! These perceptions aren’t products of poor reasoning, exactly – they are based on the genuine experience of their object. It’s just that they fail to grasp how complex that object is, in practice, and so they arrive at a much simpler, much more linear, understanding of how its dynamics will play out over time.

In roger’s recent series of posts, one recurrent touchstone has been how to understand passages where Marx seems to imply that money dissolves everything – that all relationships become fungible, all hierarchies dissolve, all solids melt into air. I would suggest that the way to understand such passages is as perspectives – perspectives that are partial, that are valid only contingently, and only in bounded ways. Marx ventriloquises such perspectives, showing how the laws of motion of capitalism appear from their standpoint – and he also tries to show what aspect of everyday, mundane practical social experience engenders the sensibilities that have been articulated theoretically into this form. But he does not use these passages to make fixed ontological claims – even historically contingent ones. He does not claim, e.g., that relationships “are” fungible – he claims that there is a dimension of social practice that if it were looked at in isolation from all other social practices would imply that this could be the case. The perspective that claims this, however, operates with a significant blind spot: it doesn’t acknowledge the effects of the many other social practices that stand in the way of realising this implicit “telos” of one small dimension of a complex whole.

At the same time, however, having a dimension of social practice – however small – that suggests the possibility to dissolve all social hierarchies: this is incendiary. Recurrent social experience – even if fleeting – with a dimension of social practice that suggests this sort of contingency has a potentially corrosive effect. The potential to transform hierarchies, to burst through barriers, is placed on the experiential table through countless mundane practices that are not in themselves transformative, but that can be articulated (as Marx does in the Communist Manifesto) to transformative ends. By themselves, these practical experiences point in no specific direction: capitalist “creative destruction” is as compatible with the notion that all barriers can fall, as is the mobilisation for a future egalitarian society – an explicitly political articulation and appropriation of this reservoir of collective experience is required. But the initial corrosive force – the introduction of a nagging possibility for transformation – first arises, in Marx’s account, in a very mundane way – as unintentional as the aggregate forms of social coercion that Capital also analyses.

Capital seeks to tease out these tacit potentials, as they arise in a wide array of everyday practices whose indirect consequence also happens to be the reproduction of capital. There is nothing in the practical constitution of these potentials that suggests that, left to their own devices, they would necessarily drive historical development in some specific direction: our practices generate accidental possibilities; something active is required – a new selective inheritance that cites different moments of our history – to break free of the elliptical movement that, at present, truncates the development of specific potentials, constraining them into a form compatible with the continued reproduction of the unintended whole.

Theatricality, Critical Standpoint, and the “Reality” of All Moments of Social Experience

Okay… this post originated as a comment to add to the discussion with roger and demet in the thread below, but grew a bit cancerous, so I’m elevating it to post status. What I’ve done here is to replicate the content of my final comment to roger, and then added underneath it what would have been a new comment, in order to get everything together in one place. Note that there is lots of other substantive material in the comment thread below – I’m lifting this content up because I can’t remember whether I’ve put it all into one place like this on the blog…

***
The thing that’s most difficult to “get” about Marx’s critical standpoint is that it doesn’t require occupying some sort of Archimedean point – or, for that matter, some singular point immanent to the phenomena it criticises. There’s instead this constant sliding around from point to point – and the “points” themselves are subject to adaptation and interpretation – they don’t always have to be enacted in exactly the same way. Marx will flit from one perspective to another, looking back over his shoulder at the previous perspectives, in a sense looking askance at them, showing how odd certain claims look when viewed from the perspective of other dimensions of social experience.

The end result doesn’t occupy some one ideal position – but it’s also not “perspectival” in, say, a Mannheimian sense, where perspectives are regarded as inhering in social groups. The operation of the text simply wouldn’t work if Marx didn’t have some sense that whatever we had accidentally constituted – whatever perspectives are opened up in collective practice – weren’t potentially available, as performative stances, for social actors to move in and out of (where part of the critical barb derives precisely, then, from the revealed arbitrariness of the actual actors who occupy some specific position).

So the whole operation of the text is driven by a sort of Benjaminian commitment to make our history citable in more of its moments – and then to foreground the potential for other forms of selective citation or inheritance of the possibilities for social development that we accidentally produce, but are too prone to treat as though these are fated to remain in their present form.

Or something like that… ;-) What I’m trying to express is that I’ve run into great difficulty communicating the distinctiveness of the critical standpoint on which the text relies – which is neither a traditional singular “standpoint” (whether immanent or transcendent), nor is it “perspectival” (although there is plenty of analysis of “perspectives” in the text). It’s a standpoint in constant motion, and one which relies on a fundamentally creative possibility to adapt the elements we find lying around us, rather than taking those elements as something fixed and given…

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One other point that I was just thinking in the background, which I’m not sure has made it onto the blog completely clearly: the other bit of work that Marx’s theatricality does, aside from generally allowing him to highlight a multiplicity of perspectives and generate a very complex and agile sort of critical standpoint, is that it allows him to link “forms of subjectivity” and “forms of objectivity” together in a very unusual way.

The more Hegelian interpretations of Marx tend to understand, programmatically, that this is somehow part of the “package”: that part of what Capital is trying to do is talk about forms of subjectivity and objectivity using the same basic categories. Those approaches just tend to vastly underestimate the complexity of the argument, such that you end up with a relatively small number of categories that are understood to replicate, in a fractal manner, at different scales or in different aspects of experience. Marx will suggest things like this, from time to time, but this is only scratching the surface of the argument.

The more interesting move is to decide to treat different aspects of social practice as performances – which means not only that they are artificial, contingent, etc., but that they can be thought of in terms of performative stances, which are combined with particular sorts of practical orientations. Forms of subjectivity and objectivity are thus linked, not because they all share “the commodity form” or something like that, but because what we do, when we engage in a particular practice, is adopt a specific performative stance, while seeking to achieve certain kinds of practical impacts on other people and/or nonhuman objects. In this sense, forms of subjectivity and objectivity are intrinsically interrelated, not because one can be reduced to the other, or because one is related to the other by a more or less mystical concept of “social form”, but just because that’s what a practice is – a combination of a specific performative stance combined with an attempt to have a particular sort of impact on the world.

On this reading, Marx’s doesn’t have one, or even a small number, of basic social forms he’s analysing: he has dozens and dozens. In the third chapter of Capital, for example, he breaks down something that is often casually grouped together – “using money” – into several major sorts of activities, and then he breaks each of those activities down into different stages, each of which involve different performative stances and practical objectives. Each one of these opens up different perspectives onto the “same” social process (including perspectives that do not recognise how they participate in a process that also necessarily involves perspectives other than their own).

All of this, however, relates to aspects of social experience that are potentially intersubjectively meaningful – this is why it is possible to analyse them in terms of performative stances. In addition, there are whole other dimensions of social experience – and here we begin to get to the thing the Hegelian interpretations of Marx do tend to grasp, but they grasp it as though it’s the only thing going on – that relate to the unintended and indirect consequences of all these performative activities, which also generate consequences that then confront social actors, demanding responses of some sort of other.

So social practices are presented as each potentially having several layers of consequences – some of them immediate and easy to discern, some of them quite indirect and arising only because a whole constellation of practices are taking place in tandem, enabling them to generate aggregate effects they would never create in isolation, or even in tandem with a different constellation.

Because it’s very difficult for social actors to anticipate these indirect consequences – in part because they are indirect, in part because these consequences often do not resemble (and may even “contradict”) the more direct consequences of individual practices, in part because the consequences require a very particular combination of different practices to arise – such consequences can be plausibly interpreted as not arising from social practice at all. (It’s more complicated than this, but this is the most basic version of the argument – the one that’s already implied in the commodity fetish discussion.)

These aggregate, emergent consequences are patterns of social behaviour that initially become visible in observations made of the movements of material goods. Because no one sets out to create these patterns, and because the practical conditions required to generate the patterns are so complex, the patterns are plausibly interpreted as not being contingent social phenomena at all, but instead as arising from some inherent capacity for self-organisation that arises when material objects are allowed to interact “free” of human intervention. Capital implies that this very distinctive sort of social experience primes us to expect that a “material world” – as it exists in itself, free of anthroporphic projection – would be a lawlike, spontaneously self-organising realm: our secular, disenchanted conception of material nature is, in Marx’s account, the specific form of anthropomorphism of our time.

Capital is designed to show – I think – how this distinctive unintentional aggregate effect is inadvertently constituted, as people go about their everyday lives, engaging in various intersubjectively-meaningful practices that involve specific performative stances and generate distinctive sorts of impacts on other people and on nonhuman nature.

To understand the critical standpoint of the text, what is most important is to see that – like Hegel – Marx steadfastly refuses to allocate quanta of reality among different parts of social experience. In his account, both the overarching, aggregate, emergent effect and the various intersubjectively-meaningful practices from which it ultimately arises, share an equivalent ontological status. One is not more “real” than the other. All of these elements of social experience are potentially citable – and appropriable – as raw materials around which we can innovate in constructing new forms of history with the materials we have lying ready to hand…

The Fetish and the Commune

Marx makes significant edits to Capital between the first German edition in 1867 and the second in 1873 – edits that begin to be articulated in his revisions for the serialised French publication of Capital between 1872 and 1875. Revisions are particularly heavy in Capital’s opening chapter – where the concept of the fetish character of the commodity is massively expanded and gains its own section. When interpreting the dramatic structure of the first chapter, as I’ve done on this blog off and on for the past few years, I’ve followed the text as it stands after the revisions of the second German edition. I would have done this even if I had regarded these revisions as fundamentally altering the meaning and structure of the first edition but, as it happens, there is textual evidence from the first edition that Marx understood the dramatic structure of that original edition to be very similar to what I find in the edition familiar to us: a text that enacts three different perspectives on the wealth of capitalist societies, and then destabilises even the final perspective by suggesting that it is still not fully adequate to express the characteristics of that wealth. In Marx’s words (using Hans Ehrbar’s extremely useful side-by-side German-English version of the first edition) these are the final sentences of the equivalent to our current opening chapter:

The commodity is immediate unity of use-value and exchange-value, i.e. of two opposite moments. It is, therefore, an immediate contradiction. This contradiction must develop as soon as the commodity is not, as it has been so far, analytically considered once under the angle of use-value, once under the angle of exchange-value [by which, in this edition, Marx means what will be called "value" from the second edition], but as soon as it is placed as a whole into an actual relation with other commodities. The actual relation of commodities with each other, however, is their exchange process [which is what Marx will explore in the following section]. (cf. Ehrbar 148)

So: three voices, the first two of which do not have the capacity to show how the contradictions in the commodity can be developed in practice – the third of which does potentially lead in a more promising direction, but not in the form in which it has been presented in this opening chapter. The revisions for the second edition, on my reading, bring out the distinctions between these voices more clearly – at which point Marx, in a typical move, excises the little bit of stage direction I have quoted above, ending the chapter instead on the Dogberry and Seacoal exchange that, in the first edition, takes place in the paragraph prior. The edits to the chapter – which include a much clearer terminological distinction between exchange-value and value, as well as the expansion of the discussion of the fetish character of the commodity – each seem, on my reading, ways of cashing out more clearly the claims of its original concluding sentence.

Particularly in Marxist Humanist readings of Capital, it is common to argue that the revisions to the first edition were provoked by Marx’s experience of the Paris Commune, which, it is suggested, for the first time give him a sense of the standpoint from which the fetish character of the commodity can be penetrated: the standpoint of freely-associated labourers.

Peter Hudis, for example (159-60), argues:

Remarkably, there is no section on commodity fetishism in the 1867 (first) edition of Volume 1 of Capital. It was only between 1872 and 1875, in revising Capital for the French edition, that Marx created a section entitled ‘The Fetishism of Commodities and Its Secret’. Marx introduced certain crucial changes to his discussion of commodity fetishism in the French edition, which he said ‘had a scientific value independent of the original’. One of the most important changes concerned his effort to answer the question of ‘whence arises this enigmatic character of the product of labour, once it assumes the form of a commodity’. It is only with the French edition that Marx answered this to his satisfaction, by stating, ‘Clearly from this form itself’. With this change, Marx makes it clear that what explains the fetish is the very form assumed by the product of labour, the very nature of the ‘peculiar social character of the labour’ which produces commodities. This new formulation, as well as the new section on commodity fetishism as a whole, explicitly posed the abolition of fetishism as centring on the abolition of value-producing labour.

What intervened between the first German edition in 1867 and the French edition of 1872-5 which explains Marx’s reworking of the section on commodity fetishism? The Paris Commune. The changes introduced in the French edition reflect its impact…

The activity of the Communards thereby allowed for a new leap in thought. Commodity fetishism cannot be penetrated by enlightened critique which assumes a privileged standpoint outside the value-form; nor can it be stripped away by pointing to a hidden essence obscured by the ‘illusion’ of fetishism. Instead, ‘The whole mystery of commodities, all the magic and necromancy that surround the products of labour on the basis of commodity production, vanishes as soon as we come to other forms of production.’ The emergence of a new form of association pointing to the transcendence of the value-form in 1871 provided the vantage point for penetrating the secret of the fetish. Marx’s reworking of the section on commodity fetishism after the Paris Commune reveals the impact of the workers’ revolts on the creation of his central value-theoretic categories.

Hudis’ argument subtly displaces the form in which Marx presents his discussion of the free association of labourers. In Marx’s text, the sentence on how the mystery of commodities vanishes when we confront other forms of production, does not immediately lead into the discussion of freely-associated labourers. Instead, that passage describes the hypothetical Robinson on his island, then moves to a discussion of medieval serfdom, then to a discussion of labour in common within a patriarchal household – and only then to a discussion of freely associated labourers. Moreover, when this more emancipatory example is introduced, the text makes clear that the point is not specifically to put forward a model for future social development, but rather to come up with an example that closely parallels the component aspects of commodity production that have been put forward earlier in this chapter. By omitting all of the other examples Marx considers, and juxtaposing the example of freely-associated labour directly with Marx’s claim to reveal the “magic and necromancy” that surrounds commodities, Hudis makes it sound as though the discovery of the possibility for freely-associated labour is what allows Marx to penetrate the mystery of the commodity form.

Hudis seems unaware that the first edition of Capital – published in 1867, prior to the Commune – already includes the passage on freely-associated labourers (cf. Ehrbar 2009: 120-22). It immediately follows a discussion of Robinson on his island. In other words, the first edition of Capital already contains the nucleus of the passage Hudis presents as new to the French edition – and that nucleus already contains the central insight Hudis argues is pivotal to Marx’s post-Commune critique of the fetish.

What is new with the later edition is that the two earlier examples – Robinson on his island, and freely-associated labour – are now joined by two further, historical examples. What Marx changes, in other words, is a passage from the original edition that included only hypothetical examples: he beefs up the passage by adding a couple of real-world examples from actual historical cases. The nature of this change suggests that Marx might have been worried that, without real-world examples, it would seem utopian to suggest that the fetish-character of the commodity was not in some sense inherent. Not to put too fine a point on the matter, but the logic of this revision does not suggest that, when he speaks of an association of free labourers in this context, he has the very real-world example of the Commune in mind. This point should not be too surprising, however, given that the text expressly says that this more emancipatory example has been chosen for the parallels it offers to commodity production, rather than as a recommended model for future social development.

I have written elsewhere on the function these examples serve within the architechtonic of Marx’s argument: they allow him to demonstrate that you can take some of the same component practices that – in their present configuration – help to reproduce capital, and reconfigure them into new forms in which they can be shown no longer to generate this unintentional aggregate result. If I am right about what Marx is trying to show, revising the passage to add historical examples would make sense: otherwise it could appear that Marx is unable to show – other than by ungrounded hypotheticals – that it should be possible to transform social relations in such a way that the fetish character would no longer exist. For this purpose, Robinson on his island – or a hypothetical future society of freely associated labourers – are useful thought experiments, but could leave a nagging doubt about the practical reality of Marx’s claims. The historical examples thus bolster the argument by identifying actual examples of social relations that, while by no means ideal, nevertheless help illustrate that the fetish character of social relations is not an inevitable result of material production – or even of class domination. This strategic goal, I suggest, drives these particular revisions.

Essence, Appearance and Elster

Since I’m writing on Elster… another bit that caught my eye in passing…

Elster (1985:124-25) understands that Hegel is being name-checked when Marx appeals to notions of essence and appearance in discussing the relation of value and price. Because, however, Elster assumes Marx is attempting to explain movements of price via his theory of value, he accuses Marx of missing Hegel’s point:

Marx frequently referred to a distinction between ‘Wesen’ and ‘Erscheinung’, essence and appearance, in economic life. I shall not go deeply into the darkly Hegelian origin of these notions, except to suggest that in his best-known application of them Marx may have misunderstood Hegel quite radically.

The appearance, that which appears, allows for two different antonyms. First, it may be contrasted with what is hidden, and accessible only by the mediation of thought. In this sense one may say that behind the appearance of a table is the atomic structure that forms its essence. This, broadly speaking, is how Marx conceived the relation between labour values and prices. The former are of a different and more fundamental ontological order than the latter, which, however, are the only ones that appear to the economic agents. Prices are on the surface of things, in the double sense of being immediately observable and of being explicable in terms of a deeper and more fundamental structure. Secondly, one may focus on the local character of the appearance – since what appears always appears to a person occupying a particular standpoint and observing the phenomena from a particular perspective. Hence any given appearance may be contrasted with the global network of appearances that is not tied to any particular standpoint. As far as I understand Hegel’s theory of essence and appearance, the second interpretation is the correct one. It says that the essence is the totality of interrelated appearances, not something that is ‘behind’ them and of a different ontological order.

Needless to say, I believe that it is precisely this second sort of analysis that Marx puts forward. Elster overlooks this possibility because he is misled by the peculiar presentational strategy that leads Marx first to speak in the voices of positions he intends to criticise, only in order to destabilise and relativise those voices as the argument moves on. Marx deviates from Hegel, not in wanting to view essence as persisting in some different ontological dimension than appearance – this is what he criticises political economy for doing, when he asks why it has never pursued the question of why a specific content appears in a specific form. He differs from Hegel in wanting to mobilise this sort of framework to make more visible the potential to disaggregate the parts that contingently generate a particular set of unintentional aggregate consequences like value.

Ironically, a few pages after the quotation above, Elster cites later passages in Capital – by which point, of course, the text has gathered the resources to be more explicit about its method – to suggest that Marx sometimes adopts a better understanding of the essence/appearance distinction – at which point Elster (126-27) argues:

We are dealing here [in the discussion of the wage form] with a generalized form of fetishism, that is structurally induced illusions about how the economy works. One might be tempted to conclude that the proper place for the essence-appearance distinction is not in economic theory proper, but in the sociology of economic thought…

One might indeed. Perhaps, in fact, one should. By not recognising the reflexive, iterative character of the text, Elster misses a great opportunity to realise how the essence-appearance distinction always already operates – even in the earlier sections where Marx has not yet tipped his hand and is still ventriloquising idealist metaphysical presentations in the main body of his text.

Notes on Elster’s Game-Theoretic Concept of Emergence

Roger’s comments below on Jon Elster’s methodological individualism reminded me that I should stash somewhere (like here) a few fragmentary notes on Elster’s recognition that Marx is making an argument about emergent phenomena – and the way in which Elster’s sense of how this sort of argument operates, differs from mine.

In Making Sense of Marx (1985), Elster draws repeated attention to how Marx focuses on the unintentional aggregate consequences of individual actions. He emphasises how Marx’s work is related to theories that understand human history as the result of human behaviour, but not of intentional human action (3-4), speaks of Marx’s “striking analyses of the way in which micro-motives are aggregated into macro-behaviour” (4), describes the importance of “supra-intentional causality” (22) and “counter-finality” (24-27) for Marx’s argument, etc.

Although my vocabulary is different, I draw attention to similar aspects of Marx’s argument. Yet Elster’s methodological conclusion – that methodological individualism provides the best means to grasp such phenomena – is not one that I myself would draw. What causes this difference?

A good portion of the difference, I suspect, lies in the different sorts of emergent phenomena Elster and I believe Marx is trying to explain. Elster focuses on Marx’s analysis of what Elster (48) calls “fallacies of composition” – passages in which Marx talks about how particular practices would be beneficial for individuals if they were the only ones carrying out those practices, but generate unintentional collective consequences that are very negative when many individuals carry out the same practice. So, for example, Elster (46-48) draws attention to how, for each individual capitalist, it seems like a good idea to lower the wages of their workers, because this increases profits. When every capitalist does this, however, it lowers the amount workers – in their alternative social role as consumers – can spend, and thus reacts back negatively on the capitalist class as a whole.

When Elster talks about unintentional aggregate consequences, this is the sort of phenomenon he has in mind. And Marx certainly does, here and there, offer analyses of this sort of phenomenon. If I thought this were the main thing Marx was trying to explain, I might agree that game-theoretic or methodologically individualistic tools might give us a decent first approximation of the phenomenon.

What Elster overlooks, I would suggest, is that the emergent phenomena that interest Marx are vastly more complex than these sorts of bad individual calls in the collective competitive game. Marx is attempting to explain aggregate patterns of social behaviour that manifest themselves in complex patterns of transformation of social institutions in capitalist societies – examining, for example, the recurrent dynamic of the expulsion and reabsorption of human labour that defines capitalist production as pivoting around the expenditure of human labour power in a much more direct way than would appear necessary, given the levels of automation possible in capitalist production.

These sorts of phenomena, I suggest, do not arise due to bad judgement calls in some specific strategic field of intentional action. They arise instead from how apparently unrelated sorts of social practices, which seem to social actors to be unfolding in very different strategic fields of social practice, operate in tandem to generate cascades of unintentional effects whose multifaceted and indirect causes make it extremely difficult for social actors to sort out how their actions could possibly be responsible for the aggregate result. As a consequence, the aggregate result is discovered playing itself out in the realm of material reproduction and, because it has no obvious social cause, is plausibly interpreted as arising due to some inherent principle for spontaneous self-organisation in the material world. This is how Marx’s argument about the fetish links up with his argument about unintentional aggregate consequences of social action – a connection Elster does not seem able to make, hence his dismissal of the bulk of the fetish argument.

I don’t have time to develop or properly substantiate these points here, so, for what it’s worth, fragmentary notes for a future argument…

Our Heart of Darkness

Another fragment on Capital’s second chapter: Soon after the dialectical performance discussed below, the text subtly re-establishes the anthropological character of its object of analysis. The main text introduces a little bit of algebra, giving us an equation for the first exchange of products (181). In a delightfully ironic footnote hanging from this equation, Marx complains:

So long as a chaotic mass of articles is offered as the equivalent for a single article (as is often the case among savages), instead of two distinct objects of utility being exchanged, we are only at the threshold of even the direct exchange of products. (181n5)

The savages in this footnote are us. For direct barter precisely does involve the exchange of two distinct objects of utility. It is only with the development of a universal equivalent – of money – that “a chaotic mass of articles” is consistently offered, in practice, for a single article. This point becomes explicit in Capital’s following chapter, as Marx continues to unfurl his complex deconstruction of money:

…the expanded relative expression of value, the endless series of equations, has now become the specific relative form of the money commodity. However, the endless series is now a socially given fact in the shape of the price of commodities. We have only to read the quotations of the price-list backwards, to find the magnitude of the value of money expressed in all sorts of commodities. (189)

If this is “savagery”, it is a form of savagery produced in the heart of capitalist “civilisation” – one that will continue to be reproduced, so long as the commodity remains the elementary form of social wealth.

Notes on I.I. Rubin’s Qualitative and Quantitative Value Theories

I unfortunately don’t have the time to write on this topic properly, in a way that would make it accessible to readers who aren’t familiar with I.I. Rubin’s work on value theory. It might, for that matter, look a bit alien to people who are familiar with Rubin, since these are more personal notes to preserve a set of associations, than a worked-out argument… But for what it’s worth…

The rediscovery of I.I. Rubin’s work in the 1970s is one of the events that opened up new paths for understanding Marx’s value theory. Rubin’s work opposes substantialist interpretations of the category of value – interpretations that would, for example, understand value as something calculable from labour-time inputs – or interpretations that viewed Marx’s theory of value as oriented to explaining movements of commodity prices. Rubin argues that such interpretations miss the sociological dimension of Marx’s value theory – a dimension which Rubin attempts to recapture by focussing on how Marx’s category of value relates to an analysis of “production relations”.

So far, so similar – at least in superficial terms – to my own attempt to push into the foreground what I tend to call the “anthropological” character of Marx’s argument: like Rubin, I have tried to suggest that Marx is analysing the peculiar qualities and consequences of a distinctive form of social relation – and that the liminal ontological characteristics attributed to categories like value, abstract labour and capital reflect the anthropological peculiarities of the relation being analysed.

In other respects as well, Rubin seems to hit close to aspects of Marx’s theory that I have tried to foreground. In particular, Rubin seems to grasp what I have characterised as the retroactive determination of categories like value and abstract labour. He highlights that “social labour” is constituted as a subset of labouring activities, when the action of market determines objectively what sorts of labouring activities will succeed in counting as part of social labour – a subset that is smaller than the universe of privately-conducted labouring activities that are undertaken without prior knowledge of the volume of demand for the products those private labouring activities produce.

So much, so similar…

More askew, however, Rubin introduces what has become an influential distinction between “qualitative” and “quantitative” dimensions of Marx’s theory of value. The dimension I have just described – the culling process that constitutes “social labour” – falls onto the “quantitative” side of Rubin’s dichotomy. He associates it with the analysis of the magnitude of value, but distinguishes it from the analysis of the form of value – which, for Rubin, is what properly falls on the “qualitative” side of Marx’s theory – and thus on the side amenable to sociological analysis.

What seems to motivate this distinction is an assumption that social relations (”production relations” in Rubin’s inflection of Marx) must be fundamentally intersubjective in character. Searching about for some sort of intersubjective relation to which Marx might be referring in the opening sections of Capital, Rubin seems to hit on the sorts of social contract relations discussed at the opening of Capital’s second chapter – the intersubjective relations of mutual recognition presented there as being at the heart of commodity exchange between formally autonomous, private producers. This move then skews Rubin’s analysis in a number of strange ways.

First, it leads him to a strangely utopian presentation of capitalist social relations as relations of equality between autonomous individuals (a presentation so positive-sounding in its implications that he must constantly backtrack within his own discussion to point out that the relation omits other important forms of equality, etc.).

Second, it leads him to understand the argument about the fetish character of the commodity as an argument about how these intersubjective relations take on an strangely objective character. This is a difficult circle to square, since social contract relations of mutual recognition are, in many senses, the ideal-typic, almost definitional, archetypes of intersubjective social relations, and are thus difficult to confuse with something objective and beyond the personal control of social actors. Rubin attempts to square it by identifying the only seemingly “objective” thing he can find in the social contract presentation: the fact that the social relation is “mediated” by an exchange of objects. He then tries to argue that this sort of mediation confers an objective cast on the social relation – a move that relies on the naturalisation of the “objective” character of objects (as though “things” naturally strike people as “thingly”, and thus a social relation mediated by the exchange of things would necessarily acquire an objective flavour). Rubin is historically savvy enough for this to cause him some worry: capitalism is hardly unique in mediating social relations by means of objects. This leads him to suggest that there is something more objective about our objects – partially because they are somehow not embedded within social relations in the same way, partially because the relationships being mediated have a form of personal autonomy within a general framework of complex interdependence established by market relations. These specific moves have filtered their way into more recent adaptations of qualitative value theory – particularly in Postone’s work.

I don’t have time for a fully adequate presentation of all of the reasons I think this constellation of moves is problematic, but I can suggest the direction of my criticisms by pointing to the third issue with Rubin’s approach: that he does not consider that Marx’s “sociological” analysis was attempting to confront a very different sort of social relation – one that has “objective” characteristics, not because an intersubjective process is mediated by things, but because the relation is simply not intersubjective in the first place. The phenomena Rubin groups on the “quantitative” side of his dichotomy – which he associates with the magnitude, but not the form, of value – should, I suggest, have instead been positioned as precisely what Marx’s “sociological” analysis is trying to explain.

Marx argues that political economy has grasped – somewhat imprecisely, but grasped nevertheless – the content of value: that somehow, somewhere, a pattern of social behaviour is being enacted that constitutes human labour as equal, and as measured by socially-average labour-time. What political economy does not grasp – because, Marx suggests, it is more worried about understanding the quantitative ratios in which commodities exchange – is the peculiar objective form in which these contents present themselves. This objective form relates to the way in which this content is not deliberately constituted by social actors via any intersubjectively-meaningful process, but instead arises unintentionally, as an emergent aggregate effect, from the tandem operation of a complex constellation of other social practices that are not oriented directly to achieving this specific goal.

As a result, when political economy first discovers this strange pattern – the ongoing enactment of a peculiar sort of lawlike pattern of social behaviour – this pattern does not appear to be generated in any obvious way by human social practices: after all, quintessential, archetypal social practices are intersubjective – and the pattern discovered by political economy results from nothing intersubjectively meaningful. Instead, the pattern is observed first in the movements of material goods. The pattern therefore appears to arise, not due to human actions, but due to some sort of intrinsic capacity for self-organisation inherent in the material world. The discovery of this pattern, in this way, not only disguises its social origin, but also makes it plausible for the material world to be perceived as a spontaneously self-organising realm that operates according to its own immanent laws that arise independently from human action. In other words, the material world starts to look… material. Objective. Secular. Devoid of anthropormorphic determination. Our intuitive secular sense of materiality emerges, from this account, as a very peculiar sort of anthropomorphism – wearing the perfect asocial disguise…

By reducing the sociological to the intersubjective, Rubin presents a near miss: he captures part of the argument about the non-intersubjective social relation through which “social labour” is enacted, but he relegates this topic to the “quantitative” side of the theory of value, and assumes the real meat of the argument must pertain to some sort of intersubjective relation. The set of moves pioneered by Rubin continue to be put forward by more recent attempts to understand the peculiar “objectivity” of the social relation Marx is trying to grasp – many of which replicate Rubin’s one-sidedness – the same one-sidedness analysed in Marx’s discussion of the fetish character. Marx’s attempt to break the identification of the “social” with the “intersubjective” is therefore lost – as is his complex analysis of how we collectively constitute this sort of complex, layered, mutifaceted social, only some portions of which intuitively appear social to us at first glance…

This is a very truncated exposition of this point, and not edited… – apologies… A student is bearing down at the door, unexpected, so I’ll put the post up rather than defer… More another time…

The Devil’s Dialectic
Posted by N Pepperell, 9:54am 16/02/2010
Capital v.1, Fetish, Political Economy

And as long as I’m posting… A tiny bit of new content, excerpted from something I’ve been writing offline…

Roger has been writing on Marx and Faust recently – so a quick riff on the passage in chapter two of Capital where the text explicitly invokes him… This passage mocks the perspective that has, just previously in this chapter, been occupying Capital’s main stage. That perspective takes the idiosyncratic social preconditions for the exchange of material good so much for granted, that it simply looks through them, seeing only the material end result of the complex social process through which the exchange of material goods is brought about. For part of chapter 2, it is possible to read along, believing that you are seeing a discussion of direct barter. No longer – the passage on Faust begins a process of destabilising and, ultimately, relativising the perspective introduced earlier in the same chapter, in the process convicting that earlier perspective for naturalising and taking for granted the specifically social preconditions through which this material result has been brought about. The text says:

In their difficulties our commodity-owners think like Faust: ‘In the beginning was the deed.’ They have therefore already acted before thinking. The natural laws of the commodity have manifested themselves in the natural instinct of the owners of commodities. They can only bring their commodities into relation as values, and therefore as commodities, by bringing them into an opposing relation with some one other commodity, which serves as the universal equivalent. We have already reached that result by our analysis of the commodity. But only the action of society can turn a particular commodity into the universal equivalent. The social action of all other commodities, therefore, sets apart the particular commodity in which they all represent their values. (180)

At this point, something sinister strides forth into the text. Summoned by the reference to Faust above – and followed immediately by the arrival of the beast of Revelation (181): “Money necessarily crystallizes out of the process of exchange” (181). These satanic images lead directly into an analysis of how money develops as the product of a historical dialectic driven by the internal contradictions of the commodity-form:

The historical broadening and deepening of the phenomenon of exchange develops the opposition between use-value and value which is latent in the nature of the commodity. The need to give an external expression to this opposition for the purposes of commercial intercourse produces the drive towards an independent form of value, which finds neither rest nor peace until an independent form has been achieved by the differentiation of commodities into commodities and money. At the same rate, then, as the transformation of the products of labour into commodities is accomplished, one particular commodity is transformed into money. (181)

This historical dialectic directly contradicts Marx’s repeated criticisms of political economy for its ahistorical treatment of its categories as the explicit realisations of qualities understood to be latent in nature – a critique repeated at the beginning of this chapter with reference to Proudhon. It also contradicts the discussion on the immediately prior page of how, in the absence of money, goods offered for exchange simply are not commodities, but merely products. Whatever internal tensions may be enacted in the commodity form, these are the emergent results of a complex social process, rather than the immanent drivers of the historical realisation of money: where commodities are, money is always already on the scene – as are many other sorts of social practices yet to be introduced, which must operate in tandem to generate any of the emergent results analysed in this text.

This dialectical sweep needs to be read, I suggest, as an ironic performance of a particular kind of analysis – one that usually recounts historical processes that gradually bring forth miraculous beings such as the Geist. In this passage, however, the imagery is satanic, and the historical dialectic is tacitly portrayed as unleashing the devil into history. The dialectical imagery here is the butt of a convoluted joke, rather than a demonstration of a form of analysis we are meant to apply. Unfortunately, where the joke is missed, it can seem as though the text advocates a form of idealist dialectical analysis: both critics and supporters of Marx have sometimes missed the punchline, and taken such moments – which are put forward periodically in Capital – as illustrations of Marx’s own method, rather than as one of the many methods Marx sets up for critique…

Marx Reading Group: Ch. 25 – Malthusian Asides

Miro's singing fishMarx reserves a special sort of loathing for Malthus. Since chapter 25 of Capital focusses precisely on the ways in which capitalism generates its own distinctive laws of population, the chapter can in many respects be read as a frontal assault on Malthus’ work. Marx’s antipathy is so strong, however, that he has to ease into the direct mention of Malthus’ name. Safeguards are required. A certain amount of buildup is needed.

First, Marx will establish his capacity for equanimity in the face of some fairly explicit apologistic material. Marx quotes – in the main text – Bernard de Mandeville’s sage advice on keeping the poor in their place:

It would be easier, where property is well secured, to live without money than without poor; for who would do the work? … As they [the poor] ought to be kept from starving, so they should receive nothing worth saving. If here and there one of the lowest class, by uncommon industry, and pinching his belly, lifts himself above the condition he was brought up in. nobody ought to hinder him; nay, it is undeniably the wisest course for every person in society, and for every private family to be frugal; but it is in the interest of all rich nations, that the greatest part of the poor should almost never be idle, and yet continually spend what they get … Those that get their living by daily labour … have nothing to stir them up to be serviceable but their wants which it is prudence to relieve, but folly to cure. The only thing then that can render the labouring man industrious, is a moderate quantity of money, for as too little will, according as his temper is, either dispirit or make his desperate, so too much will make him insolent and lazy … (765)

After allowing Mandeville the floor for this and other choice recommendations, Marx praises him – calling Mandeville as “an honest man with a clear mind” – and offering nothing more vituperative than a mild corrective rebuke for Mandeville’s failure fully to understand “the mechanism of the accumulation process” (765). Marx then quotes Eden, who agrees that:

It is not the possession of land, or of money, but the command of labour which distinguishes the opulent from the labouring part of the community. (766)

Marx goes on to “remark… in passing” that Eden “was the only disciple of Adam Smith to have achieved anything of importance during the eighteenth century” (766). The comment appears casual, trivial, and beside the point – a curiosity we could surely skip lightly past on the way to the substantive material in the next paragraph. Except that a massive multi-page footnote blocks our way and, when we decide that a footnote of such prodigious length might be important, finally locate the footnote marker at the end of the “passing remark” above, and cast our eyes down into the marginalia, we discover that special circle of textual hell into which Marx has decided he will deposit Malthus…

Malthus is therefore introduced into this chapter with an insult: Eden is the only disciple of Smith to amount to anything – making Malthus a disciple of Smith who… didn’t… Just in case the reader doesn’t make the connection, Marx makes it for them, in the opening sentence of his note:

If the reader thinks at this point of Malthus, whose Essay on Population appeared in 1798, I would remind him that this work in its first form is nothing but a schoolboyish, superficial plagiarism of Defoe, Sir James Steuart, Townsend, Franklin, Wallace, etc., declaimed in the manner of a sermon, but not containing a single original proposition of Malthus himself.

And so on. For three pages of small-typed footnote, which rapidly veers off into a mischievous round of speculation (for which the textual pretense is an observation about Malthus’ personal vow of celibacy) asking why Protestant clergy in particular should have proven so well-represented amongst theorists of overpopulation, and concluding with comments on how Adam Smith was reprimanded for his friendship with the atheist Hume…

Malthus finally makes his way into the main text of this chapter in section 3, in a discussion of modern industry’s need for surplus population. Malthus figures here as a sort of limit case of the obviousness of the point Marx is making: “Even Malthus”, Marx points out, “recognizes that a surplus population is a necessity of modern industry…” The implication is that, if even Malthus recognises it, the point is simply too obvious to be denied…

Even here, however, Marx can’t give Malthus credit for one point well understood: Malthus accounts for this, Marx argues, “in his narrow fashion, not by saying that part of the working population has been rendered relatively superfluous, but by referring to its excessive growth” (787). Marx quotes Malthus at length here – speaking dourly about how many years it takes to bring “an increase of labourers… into market in consequence of a particular demand”, compared to the much shorter cycles of investment of accumulated capital, such that natural population increase is too blunt a means of increasing the supply of workers to accommodate the vicissitudes of industrial demand (787).

At this point, Marx introduces the burlesque image of political economy as a cross-dressing discourse – one that adopts one character to proclaim the necessity of a surplus population available to deploy at any moment, only then to shift to another character that holds the population responsible for not increasing its numbers beyond what subsistence can allow:

After political economy has thus declared that the constant production of a relative surplus population of workers is a necessity of capital accumulation, she very aptly adopts the shape of an old maid and puts into the mouth of her ideal capitalist the following words addressed to the ‘redundant’ workers who have been thrown onto the streets by their own creation of additional capital: ‘We manufacturers do what we can for you, whilst we are increasing that capital on which you must subsist, and you must do the rest by accommodating your numbers to the means of subsistence.’ (787-788)

The final quoted passage does not come from Malthus, but the logic of the section inserts Malthus into this scene – as someone stepping into the character mask required for a particular apologist production, ready to cast that mask aside and step into another as the situation requires…

Malthus crops up again – in the form of a reference to “Malthusians” – in the final section of the chapter, in a passage which summarises the results of a long empirical and theoretical discussion aimed at showing how processes specific to capitalist societies generate demographic trends – laws of population – that are anything but inscribed intrinsically in nature:

Here then, under our own eyes, and on a large scale, there emerges a process which perfectly corresponds to the requirements of orthodox economics for the confirmation of its dogma, the dogma that misery springs from an absolute surplus of population, and that equilibrium is re-established by depopulation. This is a far more important experiment than the mid-fourteenth century plague so celebrated by the Malthusians. (861)

Once again, Marx is unwilling to place Malthus at the centre of his focus – even in a passage in which Marx is essentially claiming to have derived the historically and socially specific basis for the phenomena Malthus reads off onto timeless nature. Once again, Malthus cannot be dignified with a direct discussion, but is allowed to enter the text only obliquely – by way of an aside: “Let us remark in passing,” Marx says:

if it required the naivety of a schoolmaster to apply the standard of the fourteenth century to the relations of production prevailing in the nineteenth century, and the corresponding relations of population, the error was compounded by overlooking the difference between its consequences in England and in France.

Marx underscores here an important point in relation to what he means by “law”. Not only are Marx’s “laws” historically and socially specific – not only are they understood to derive from contingent social practices, rather than invariant nature – but they are also probabilistic – they are tendencies, which play themselves out in different forms in specific situations within the historical and social context Marx sets out to analyse, which confront countervailing tendencies, and which are highly dependent on complex boundary conditions. Like many other chapters in Capital, this chapter draws attention to multiple theoretical possibilities – and a diversity of actual empirical outcomes – every time it attempts to illustrate a “law” at work.

Marx then further highlights the social dimension of the laws that he has derived, by taking one final shot at the Malthusian analogy to the plague – tacitly asking what sort of “natural” law would operate like this:

The Irish famine of 1846 killed more than 1,000,000 people, but it killed poor devils only. (861)

The chapter ends with an extended discussion of the Irish famine and migration, emphasising the social character of what is portrayed. It also – characteristically – draws attention to the mirror world – to the unintended consequences of the ways in which this “law” has been allowed to play itself out:

Like all good things in the world, this profitable mode of proceeding has its drawbacks. The accumulation of the Irish in America keeps pace with the accumulation of rents in Ireland. The Irishman, banished by the sheep and the ox, re-appears on the other side of the ocean as a Fenian. And there a young but gigantic republic rises, more and more threateningly, to face the old queen of the waves

Marx Reading Group: Ch. 25 – Revisiting the Product of the Hand

So I’ve been deeply remiss in not making a contribution to the reading group Nate has called on the first volume of Capital – currently focussing on chapter 25, although Nate started us off with some nice reflections on chapter 23. A nice discussion has been underway at Duncan’s blog, jumping off from some observations on Marx’s sarcasm, and developing into a discussion of the meaning and implications of different conceptions of class consciousness. JCD has been kind enough to set up a feed for the reading group – if anyone would like to dive in, and isn’t listed in JCD’s aggregator, give a shout.

I’ll say at the outset that I won’t be able to write much for the group at the moment. What I want to do instead – as a sort of promissory note for later analysis – is to point out the way in which this chapter makes an explicit loop back to the opening chapter of Capital in the closing line of its first section (p. 772 in Penguin):

Just as man is governed, in religion, by the products of his own brain so, in capitalist production, he is governed by the products of his own hand.

The internal textual reference here is, of course, to the passage where Marx christens the commodity fetish. In that earlier passage, the text suggests that the fetish character of commodities arises in and through a distinctive kind of contingent historical interaction that develops between humans and other objects – uniquely, in Marx’s account, in the capitalist era. Within this interaction, material objects – including the physiological dimensions of human objects – come to be seen as possessing a distinctive kind of “objectivity” – or, to say the same thing another way, a distinctively modern form of “materiality” comes to be enacted in our collective practices.

To pick out this distinctive form of interaction, Marx distinguishes it from two other, superficially similar, sorts of interactions that result in the perception of something “objective”: he first examines the interaction between the eye and the objects it perceives – arguing that it is the relation between the eye and its object that generates the optical perception, and yet perception is generally understood to arise entirely from the activity of the object, while the eye is understood as a passive recipient of stimuli external to itself; he next examines the purely social interaction between persons who share religious practices and beliefs – arguing that belief in invisible beings arises from an intersubjective interaction among humans, and yet those beings are taken by believers to be external objective causes of the intersubjective interaction that brings them into being.

Commodity fetishism, for Marx, shares aspects of both of these forms of one-sided attribution of objectivity: like the relationship between the eye and the objects of perception, commodity fetishism involves an interaction between humans and other sorts of objects – it does not arise solely from intersubjectively shared frameworks of meaning or networks of beliefs; like the products of religious practice, however, commodity fetishism is a purely social – and therefore contingent and transformable – phenomenon. Marx expresses this point in much the same language to which he returns in chapter 25, saying:

There [in religious belief] the products of the human brain appear as autonomous figures endowed with a life of their own, which enter in relations both with each other and with the human race. So it is in the world of commodities with the products of men’s hands. I call this the fetishism which attaches itself to the products of labour as soon as they are produced as commodities, and is therefore inseparable from the production of commodities. (165)

In the first use of this language, we appear to be talking about “commodity production”. By chapter 25, this same language is used to describe “capitalist production”. On the way from there to here, Marx unfolds the argument that generalised commodity production – the existence of a social system in which the commodity appears self-evidently as the elementary form of social wealth – can only exist on the basis of capitalist production. As we follow the developing argument, we learn that the opening chapter always already pointed toward its conditions of possibility – conditions that Marx unspools all the way through the text to the point that, in chapter 25, he is ready to gesture back and say (in his maddeningly indirect way) to his readers: Now. Here. At this point in the text. What the fetish character always already depended on, we can now say explicitly. The promissory note from chapter one can now – Marx thinks – be cashed out. And the discussion that cashes it out is one in which Marx can finally say explicitly what he thinks the “objective social” patterns are, that political economy erroneously reads off onto the inherent nature of material production or material life as such.

This chapter therefore marks the culmination of one of the longest dramatic arcs of Capital – an arc that stretches from chapter one to chapter 25, a textual loop that closes here with a much more explicit discussion of what Marx had in mind when he hints in the opening chapter at some sort of meaningless, unintended, but still historically contingent and social, practices that generate a historically distinctive and unique form of materiality. Several other dramatic arcs have been opened and closed in the interim, while this long arc remained unresolved. It is only at this point that Marx feels he can explicitly cash out what he implies in the discussion of the commodity fetish. The internal textual reference hints that we should flip back, review and revise, and perhaps change our minds again about what the opening chapter was trying to achieve.

I’ll have to break off here – apologies – too much other work to write more… More later, I hope…