Archive for 'Philosophy of History'

Ktismatics has an interesting post and discussion up on different conceptions of value and the fetish, with reference to The Wire. A taste, from the comments:

I’ve been reading some of N. Pepperell’s posts about Marx on Rough Theory, and in so doing I realize that I, like Stringer, have a hard time thinking of value in terms other than product. The Wire doesn’t dwell on the effects of narcotics on the user, and it certainly doesn’t look at the work entailed in growing, processing and transporting the drugs. All we ever see is the exchange: the buyer hands off the money to person A and receives the product from person B. We do see the product being “stepped on;” i.e., reduced in potency by mixing it with baking soda, thereby increasing the sheer weight of stuff being sold. Apparently the users are willing to tolerate, and to pay for, heroin at less than full strength. It’s difficult for the user to know for sure how hard the product has been stepped on, since the high it generates is a subjective response. However, the reduction in effectiveness must be noticeable, especially in comparison to product on offer from competitors. What the buyer cares about is the subjective benefit s/he receives from the product; i.e., the quality of the high from ingesting the dope. And s/he is willing to pay more for what promises to be a better high, based on prior personal experience with the product as well as marketplace information obtained from other buyers who have used the product.

When I was replying to this thread, I found myself writing something that might or might not be clearer than some of what I’ve tossed out over here - specifically, I wrote:

I see value, instead, as referring to, if this makes sense, “what labour will have been”. We operate in a context in which all sorts of empirical activities are being carried out, in the hope that they will somehow successfully push product. Those activities don’t always succeed. Sometimes they do; sometimes they don’t; sometimes they don’t succeed as well as they were intended to; sometimes they succeed enormously better than expected. “Value” is the term for the level of “success” that ultimately gets conferred on product - not the labour expended, but the degree of social recognition bequeathed. The amount of value that will be conferred can never be known from the empirical labouring activities or other directly perceptible elements that go into the product. The category of value therefore refers to something of which we can never have exact knowledge - it’s the category of a society that acts out an “in itself” - an unknowable inner essence whose effects nevertheless pervade what we can know and perceive directly.

I’ll correct this comment a bit here: I see “abstract labour” as referring to “what labour will have been”. Value refers to the abstract labour “materialised” in a product. Both are fundamentally retrospective categories - categories that we can read out of macrosociological trends unfolding over time, but not categories that can be derived from any concretistic empirical analysis of actual labouring activities or actual goods at any specific moment in time. Abstract labour and value are products of the reproduction of capital.

I see Marx trying to draw our attention (in this bit of the argument) to the implications of a collective practice we take utterly for granted: the practice of engaging speculatively in labouring activities, in the hopes that these activities will produce something that “succeeds” on the market. Many of these speculative efforts fail; many don’t succeed as well as hoped; many do succeed; and some succeed beyond all expectation. There is no correlation between the amount of empirical labour, resources, and other directly measurable factors, and the level of success - Marx somewhere uses the term “conferred” - on the products of some particular labouring activity.

Marx is trying to tarry over this, when he makes the opening argument about value and the fetish - to ask what the implications of living in such an environment might be, for forms of perception, thought, embodiment, political ideals. The first chapter of Capital is a very compressed demonstration of some of those implications, before we even get to the point of examining the component practices that bring this whole system into existence and reproduce it.

One of his arguments is that the context is haunted by “what labour will have been” - by this intrinsically unknowable “abstract labour” that will ultimately be conferred on particular activities to particular degrees, endorsing or disendorsing those activities as successful inclusions in what gets to “count” as “social labour” - and therefore, over time, exerting a sort of evolutionary selective pressure that encourages the reproduction of certain forms of labour over others. In the tacit metacommentary being addressed to Kant (and Hegel) in the opening chapter of Capital, abstract labour figures as a sort of practically enacted “in itself” of capitalist society - as something we create, something we produce, something we make - but whose qualitative characteristics resemble those expressed in certain kinds of philosophical categories, and that also express, on a much more mass and popular level, certain forms of embodiment and political ideals, such as those, for example, articulated in notions of “inalienable” essences that factor into the development of “rights talk”.

“Value” is a category that picks out the “abstract labour” that has been “materialised” in the products of labour. Of course, since “abstract labour” is “what labour will have been”, value is also a category that “will have been” (in Derrida’s terms, value is inherently a category of a time out of joint - but for Marx this is a specific time and a particular sort of out-of-jointness…). In Marx’s argument, as I hear it, value is a product - and moreover a product whose existence must be deduced from the apparently random flux of the movement of goods on the market and (as Capital unfolds from the first chapter) from trends in the development of the form of production itself. Marx teases the political economists, saying that they “don’t know where to have it” - that they don’t grasp the ontological status of the category of value, and therefore don’t grasp how the category is enacted in practice. This is not because political economy suppresses knowledge of expropriation (Marx will get to that argument later) - at this point in the text, he is arguing that the political economists don’t know “where to have” value, because value is perpetually a category that “will have been” - a category whose existence can only be read off retrospectively from the outcomes of social practice oriented to other ends. Even where value and its connection to abstract labour has been successfully deduced, Marx suggests that political economy doesn’t work out how social practice comes to be constrained so as to render such categories valid for this form of social life.

The rest of the work then, among other things, attempts to work this out - to establish how these “will have beens” are effected by practices that don’t set out to produce such a result. The category of capital - and the capital-wage labour relation - will soon be introduced as the necessary presupposition for these opening categories. More on all this some other time… Just experimenting with the new vocabulary for the moment, to see how comfortable I am with where it takes me…

On other fronts, Nate has a nice post up at what in the hell… distilling points from David Graeber’s “The Sadness of Post-Workerism”.

And, to everyone who helped out as I was trying to piece the lecture together: I delivered it last night (a bit like a premature baby). All went well. I think. All went, at the very least. Not much on global warming. Quite a lot on the philosophy of science, in relation to the specific question of developing alternatives to dogmatism and scepticism. A quick romp through Bacon, Descartes, Kant, Hegel, Nietzsche, Weber, Foucault, Latour, and various parts betwixt and between. An overarching argument about how easy it is for critics to be bitten in the butt, when they fail to grasp that they are operating in a non-linear historical context. And some sort of concluding bon mot about dogmatists currently using the tools of scepticism in the service of dogma - it all sounded very Adornian at the time, I’m certain of it… ;-P But seriously: thanks everyone - it was very helpful to be able to vent and to talk some things through.

Just like as in a nest of boxes round,
Degrees of sizes in each box are found:
So, in this world, may many others be
Thinner and less, and less still by degree:
Although they are not subject to our sense, [...]

~ Margaret Cavendish “Of Many Worlds in This World”

Fragments on Lukács’ essay, focussing on how I would contrast Lukács to Marx, in relation to various claims Lukács puts forward in the first section of his essay, under the subheading “The Phenomenon of Reification”.

I. Quantity to Quality vs. Relationality

In my previous post, I mentioned a key problem confronting this text - a problem that was also a central question for Marx: if capitalism is understood as something historically unique, why do the categories used to theorise capitalism - commodities, money, interest, profit, rent, etc. - appear to be less historically specific than the object those categories purport to grasp? As I discussed previously, Lukács attempts to answer this question by suggesting that a quantitative expansion of the phenomenon grasped by these categories - to the point that this quantitative expansion becomes totalising and all-encompassing - yields a qualitative shift: in Lukács’ framework, capitalism can be generated as a historically-specific object from the extension of forms of practice that are much older historically.

Lukács believes that this is how Marx would also answer this question, and cites various passages from Marx suggestive of this idea. I would suggest that Marx’s answer actually takes a completely different form: for Marx, capitalism as an historically distinct object is constituted when various older forms of practice come to be reconfigured as component parts of an historically novel and qualitatively distinctive social relation. Following Hegel, Marx grasps the meaning of the categories as something that is determined relationally. To say this more plainly: Marx thinks that “commodities”, “money”, and similar categories are only apparently non-specific to capitalism - in his account, these categories take on a very different meaning and significance under capitalism, than various phenomena that, from our present-day point of view, look similar in other societies. The “essential difference” between these categories in a capitalist, compared to a non-capitalist, context, is therefore not due, in Marx’s account, solely to a process of quantitative expansion, but instead due to the emergence and reproduction of the historically distinct sort of social relation whose constitutive moments these categories express. Since Marx also does speak of various quantitative expansions associated with the development of capitalism, this argument is complex to demonstrate on a textual level - I’ll leave that task for another post. My goal here is simply to draw attention to a possible alternative to the sort of analysis Lukács presents, when he tries to explain why the core categories of “capitalism” appear more transhistorical than the object they purport to grasp.

II. Totalities and Tipping Points

Lukács seems to regard the “tipping point” at which quantitative expansion yields a qualitative shift, to be the point at which the “commodity-structure” becomes universalised or totalised. In Lukács’ argument:

The commodity can only be understood in its undistorted essence when it becomes the universal category of society as a whole. Only in this context does the reification produced by commodity relations assume decisive importance both for the objective evolution of society and for the stance adopted by men towards it. Only then does the commodity become crucial for the subjugation of men’s consciousness to the forms in which this reification finds expression and for their attempts to comprehend the process or to rebel against its disastrous effects and liberate them, from servitude to the ‘second nature’ so created.

Logically, even within Lukács’ quantity-yields-quality framework, this isn’t the only analytical option - in principle, quantitative expansions might yield qualitative shifts without some sort of maximal, universal extent of quantitative expansion. Theorising this sort of “tipping point” concept, however, would probably pull the analysis closer to Marx’s relational approach, due to the need to explain why a certain level of quantitative expansion should yield a specific qualitative shift - an explanation that might point toward an exploration of whether some sort of specific configuration, with distinctive qualitative properties, becomes possible at some particular level of quantitative expansion. I don’t specifically see Marx’s analysis following this line - Marx seems to focus more on the effects to an entire set of practices, of the constitution of a new form of social relation, and to understand this qualitative shift to drive a quantitative expansion. Marx does, though, appeal in other dimensions of his argument to the notion that capitalism presupposes a certain (itself expanding) scale that transcends earlier historical organisations of production.

III. Personal vs. Social Relations

At one point early in this section, Lukács makes the point in passing that, at some early point in the development of capitalism, it was easier to “see through” the commodity-structure. Lukács argues:

the personal nature of economic relations was still understood clearly at the start of capitalist development. (emphasis mine)

Lukács intends this as a gloss on Marx’s argument about the fetish, in which Marx argues “a definite social relation between men… assumes, in their eyes, the fantastic form of a relation between things.” In his reformulation of Marx’s argument, Lukács tacitly assumes that the “social” equates to the “personal”. I would suggest that Marx precisely does not make this equation - that Marx is instead attempting to theorise the collective constitution of a social relation that is specifically not personal in nature. As Marx puts the point:

the relations connecting the labour of one individual with that of the rest appear, not as direct social relations between individuals at work, but as what they really are, material relations between persons and social relations between things. (emphasis mine)

Marx’s formulation also calls into question Lukács’ tacit suggestion that reification involves a sort of ideology or illusion - something that, when it is less totalistic, can be pierced, to reveal the “true” relation - a personal one - that sits on the other side of the veil. Marx is not attempting to theorise an ideology (not even a “necessary” one), but instead a distinctive form of social relation, characterised precisely by its “objective”, “materialist” character. Marx is not suggesting that theory needs to help up pierce the veil of an illusion of objectivity: he is suggesting that theory needs to grasp how we are collectively constituting a genuinely impersonal form of social relation. The categories of the “social” and the “personal” precisely do not align for Marx - this disalignment is central to Marx’s attempt to thematise capitalism as historically distinct, and it also alters the strategy at play in Marx’s critique, which is not to uncover the reality that has come to be crusted over by illusion, but instead to analyse the genesis and potentials of a very distinctive form of social relation.

This contrast carries over into a number of other dimensions of Lukács’ argument, some of which I’ll pick up on below.

IV. Subjects, Objects, and Things in Between

Both Lukács and Marx offer an argument about a distinctive form of subject-object dualism related to the commodity-structure. The very different conceptions of commodity-structure in play, however, point each in very different directions.

Lukács understands the commodity-structure to relate to the exchange relation. In his account, the quantitative expansion and, ultimately, totalisation and universaliation of the exchange-relation, leads, on the one hand, to a “world of objects and relations between things” - which Lukács equates with “the world of commodities and their movements on the market”. This “objective” world of market exchange confronts the individual subject as a “second nature” beyond their control - an environment whose laws the subject can attempt to anticipate and calculate, but not overcome. Proletarian subjects are further compelled to sell their labour-power onto this market - to externalise part of themselves as an object - and also confront the full effects of the fragmentation of the labour process which, in Lukács’ account, comes to be organised in such a way as to break apart the “organic unity” of use values, scattering the production of a finished product in time and space, and turning labour from a purposeful mastery of nature, into something itself mastered and inserted as a motive force into a production process to which labour must adapt. In each of these ways, Lukács argues, the subject - or, specifically, something he calls “the personality” - the aspect of subjectivity that exceeds what is required for the labour-power that is bought and sold on the market - comes to experience itself as set apart from the totality of the object world. The subject thus becomes contemplative - passively analysing and adapting itself to the laws of an object world the subject experiences as fundamentally alienated from its own practice.

Most visibly with the strange, ungrounded category of the “personality”, but also with the undertheorised category of the “object world”, Lukács’ argument here falls short of the type of theory Marx is attempting to construct. Lukács tacitly takes for granted the qualitative characteristics of both his subject and object worlds. The type of explanation Lukács uses, for example, to account for the “objectivity” of the market, could implicitly be used for any sort of social environment into which any human subject finds themselves “thrown”: single social actors do not, as single social actors, have the capacity to alter any social context - why does the “contemplative” relation of subjects to an object world not characterise all of human history? Lukács’ implicit answer hinges on his argument that capitalism uniquely breaks apart the “organic unity” of the production of use values: lurking in the background here is a notion that subjects realise themselves through their self-externalisation of themselves in material nature, coupled with a tacit romantic glance at skilled handicraft production. “Personality” - which might perhaps realise itself as an active agent in a less fragmented productive environment - lingers into an era in which it figures as nothing more than an idiosyncracy - a “source of error”. With no means available to externalise and thus realise itself as an active, creative agent, it finds itself cordoned off from the object world, which it confronts in a state of contemplation.

It is significant, I would suggest, that, in order to make this argument, Lukács directly juxtaposes - as though they were intended to make the same sort of contribution to Marx’s argument - passages from Capital that are describing commodity fetishism, and much later passages describing the transformation of the labour process that takes place under capitalism, particularly after the introduction of large-scale machinery. These juxtapositions assist Lukács in his attempt to equate Marx’s category of the “fetish”, with Lukács’ own category of “reification”. I would suggest, however, that these two categories point in quite different analytical directions. Marx’s argument about the fetish is intended to account for something that remains unproblematised in Lukács’ argument: the constitution - in the sense of the enactment or performance in collective practice - of the distinctive qualitative characteristics of the forms of “objectivity” and “subjectivity” that are enacted via the process of the reproduction of capital.

Marx’s argument here is more complex and difficult to express than Lukács’ - I won’t be able to do justice to it in this post (I have, however, erected the scaffolding within which to reconstruct this argument, in the series on the first chapter of Capital, volume one, under the Marx tab above). Here - and still very gesturally and inadequately - I can begin to sketch some of what might be at stake, by looking briefly at the contrasting ways in which Lukács and Marx approach the question of the social constitution of particular forms of equality.

V. All Else Being Equal

Just as Lukács reduces the commodity-structure down to the exchange relation, so he also attempts to explain distinctive ideals of equality with reference to the exchange relation. Once again, this pushes Lukács onto the terrain of personal relations: he speaks of the recognition of formal equality, as one of the “objective” conditions for the exchange of qualitatively incommensurable goods. This is a very common way of accounting for the modern resonance of ideals of equality - to point these ideals back to the conceptualisation of exchange as a form of contract, presupposing the formal equality of contracting parties as in principle self-determining agents who are operating free from coercion, and also presupposing the intrinsic fungibility of the goods being exchanged. Marx will make use of these sorts of arguments, as these sensibilities and their associated forms of practice are dimensions of capitalism. Significantly, however, Marx suggests a different line of argument in the immediate context of his discussion of commodity fetishism. He cites a passage in which Aristotle considers the question of whether the goods exchanged on the market - since these goods are being, in effect, “equated” with one another in social practice - might possess some underlying sort of commonality or identity - whether they might, as the chapter has just discussed, possess the homogeneous supersensible substance of “value”. Aristotle considers the possibility, and rejects it, arguing that exchange is simply a “makeshift for practical purposes”. Marx then suggests why Aristotle failed to arrive at the concept of value, and points this back to the absence of wage labour in classical antiquity. Marx argues:

The peculiar conditions of the society in which he lived, alone prevented him from discovering what, “in truth,” was at the bottom of this equality.

The “in truth” is sardonic - Marx is miming the forms of analysis of political economy in speaking this way. Political economists might speak as though value has always existed, but Aristotle and other thinkers failed to “discover” it until the present enlightenment enabled us to uncover what has always tacitly been there (remembering here Marx’s characterisation of the political economists, that they speak as though “there used to be history, but there is no longer any”). The argument of the first chapter of Capital, however, is that value was not there to “discover” until the development of the distinctively modern social practices that performatively (if unintentionally) bring “value” into being. Aristotle didn’t overlook the presence of value: value did not yet exist.

This argument connects in complex ways with how Marx understands the social constitution of modern ideals of equality. Value figures in Marx’s analysis as an intangible social substance - as something that cannot be directly perceived, but whose existence can be deduced through observations over time of the non-random transformations of aspects of social experience that are immediately evident to the senses. Value is an implicit social category - its existence must be deduced. This deduction is possible, because non-random (lawlike) patterns of transformation of material nature and social institutions take place over time. The constitution of value is unintentional (social actors are not attempting collectively to generate the patterns Marx labels with the category “value”), and it is impersonal (taking the form of a constantly reset social norm that marginalises social actors who cannot conform).

I have mentioned before that one image or metaphor for thinking about “commodity producing labour”, involves a nested collection of sets, where the largest includes any sort of social practice involved in any way in the reproduction of our social existence, within this, is that subset of activities oriented in some way to producing goods intended to be sold on the market, and within that is the subset of activities that succeed in what Marx calls a salto mortale - activities that survive a process that Marx describes as a reduction of the labour that social actors empirically expend in production, to labour that gets to “count” as part of social labour. This reduction takes place, in Marx’s account, behind the backs of the social actors involved in the process, who have no way of predicting what percentage of their empirical activities will get to “count”: some empirical activities will “count” fully, some partially - some excessively. And this impersonal process, over time, exerts a coercive pressure back on empirical activities themselves, creating incentives and disincentives that tend (probabilistically) to drive empirical activities in non-random directions, conferring a “developmental” directionality on aspects of capitalist history.

Marx argues - and here is where “value” enters the argument - that this impersonal, unintentional process of culling empirical activities down to a smaller subset of activities that “count” as social labour in this very specific sense, can plausibly be interpreted by social actors engaged in the process, not as a collective social process of culling excess investments of empirical labour, down to what “counts”, but rather as a process of discovering how much “value” a material object inherently or intrinsically possesses. In this dimension of collective practice, social actors behave as though something like “value” exists - as though there is a single, intangible, homogeneous substance that is the total social labour, which then comes to be subdivided in greater or lesser proportions among all the products that are empirically produced. Goods are “valued” to the degree that they participate in this intangible substance - and the degree to which they participate in this substance is not discernible when either the use value or the empirical labour invested in the good is examined: it is revealed only in the social interaction among goods - only in the process of exchange.

There is much more to this argument, but I want to break off here, to reflect briefly on the implications of what I’ve written so far, for the question of how to understand the emergence of modern ideals of formal or abstract equality. To the extent that human labour-power is also a commodity under capitalism, it also participates in this culling process - in this coercive “reduction” down from the various labour powers that have been “produced”, to those that get to “count” - partially, fully, or excessively. Social actors engaging with the labour market - whether as buyers or sellers of labour power - have practical, everyday experience with this process of reduction. “Value” - this invisible, intangible, homogeneous substance - flows in greater or lesser degrees through humankind as well, in spite of the array of visible, tangible, empirical differences that materially distinguish humans from one another. Beneath these apparent differences, something common flows through us - we all partake of a similar intangible essence. Marx suggests, in other words, that the strangely counterfactual ideal of equality that develops in tandem (he believes) with capitalism, that exerts a critical force on actual social institutions and over time is used to call into question the importance of immediately sensible differences between humans - that this counterfactual ideal is a plausible articulation of the experience of partaking in the common intangible substance of value. Quite independently of the formal, contractual dimensions of the wage relation or of other sorts of exchange (which also, of course, play their part in reinforcing ideals of equality and experiences of personhood), this unintentional, impersonal reduction of human commodities down to a common, intangible, social “essence”, helps to enact the distinctive qualitative form of modern ideals of human equality.

Through this account, Marx also hopes to render plausible what he regards as pervasive forms of misrecognition, in which these intangible - but, in Marx’s account, socially enacted - qualities are perceived, not as something we have only recently created, but rather as intrinsic essences that we have recently discovered. The argument around misrecognition is, again, quite complex - I won’t be able to recount it here. The argument hinges on a complex and largely tacit set of distinctions concerning the ways in which we perform certain dimensions of our social experience as overtly social - the personal, intersubjective dimensions - while, by contrast, an impersonal social dimension goes unrecognised as social: it plausibly appears “objective” - and, by so appearing, provides us with experience of a set of qualitative characteristics that inform our concept of “objectivity” - a concept that we might plausibly look for or be receptive to in other sorts of impersonal environments - such as material nature…

Much more is required to develop and fully substantiate this argument, let alone to draw attention to the countercurrents and side eddies that curl around the phenomena I have so inadequately described (there is never, for Marx, just one plausible articulation of our collective enactments - and the reproduction of capital, in his account, entails a bewildering multitude of additional enactments, each interacting with one another in complex and dynamic ways). For the moment, just a brief word on the issue of standpoint of critique in relation to this kind of point. As I’ve sketched the argument above, it could sound as though an ideal of equality might hinge on the sort of collective sleight of hand involved in the enactment of value. This is not Marx’s position. Capitalism may have provided the means - quite accidentally - whereby we demonstrated collectively to ourselves that we could simply perform equality - that we could treat one another as equal, at least for certain purposes and in a certain dimension of collective practice - that we could disregard empirically sensible differences in order to perform this social equality, if needed. This accidental discovery opens a space of possibility - a space that becomes potentially wider, once we recognise the collective genesis of this ideal, rather than essentialising it as a “discovery” of something we perceive as having existed all along. This space of possibility might include an exploration of other forms of relation - less formal, less abstract - but attuned to the possibility to create in and around sensible difference, by performing our selves and our relations in a different way. This topic is much too complex to address adequately here - I mention it as only the most passing of references to how Marx conceptualises the potential for the conscious appropriation of potentials that have been constituted - but in alienated form - how, in other words, he understands his standpoint of critique.

This post is a bit of a monstrosity - my deepest apologies. I am trying to capture a set of notes that I hope to develop adequately in other places at other times. I am also trying to come to grips with the difficulty I have in trying to express what I object to in other theoretical approaches, in a circumstance in which the alternative that shapes my objection is just… a great deal more vast, generally, than what I’m objecting to… Working out how to write about this, short of a full thesis-length presentation, is something with which I’m currently wrestling. At the moment, as with this post, I leave out massive amounts, to the point that, while writing is still helpful for me, because I know at least a decent portion of what I would add to flesh the argument out, the posts strike me as though they must be utterly unintelligible and bizarre to anyone reading on. Thanks all for their patience as I write through this morass… Too tired tonight to edit (which, with this post, is possibly a dire mistake…) Take care all…

Previous posts in this series on Lukács:

Seeing What Was Already There

Reification, pt. 1

Reification, pt. 2

Okay, so I went a bit crazy with this… I hadn’t intended to write a whole article-length response to Elson’s work – which, between yesterday’s post and today’s, is effectively what I’ve done. This post is so long that, while I would normally post it to the front page, it just exceeds all reasonable length – I’ll have to tuck it below the fold. Also, apologies in advance that I’m simply too exhausted, having written this, to edit - there are sections where I think I’m being repetitive, and other sections where I’m moving too quickly - hopefully anyone who clicks through will understand that this was written in one long and possibly ill-advised sitting, and it suffers as a result…

For those trying to decide whether to click through, I summarise the second half of Elson’s argument, of which I’m much more critical than I was of the first. I focus particularly on the notion of a real abstraction – and on how Elson is both aware of this concept, and yet uses it in tandem with an analytical framework that is expressly posited as transhistorical – the effect is to criticise capitalism for having a certain set of real abstractions (captured in categories like abstract labour, value, and money) against critical categories that do not have this same “real” status. I follow this thread through Elson’s argument, discussing Elson’s comments on the “structure/agency” issue in theories of capitalism; I outline her reading of the first chapter of Capital; and I discuss her concluding discussion of the political implications of her reading of Marx. In spite of the length of this piece, I don’t cover Elson’s argument in the same micrological detail I used in the previous post: the length is made up of critical asides where I explore the differences and points of agreement between my own approach and Elson’s work. I conclude with a fairly condensed set of criticisms, and also provide a whirlwind sketch of how I understand the concept of abstract labour – just to provide some sense of the perspective from which I am offering this critique.

To the folks who asked me to comment on this piece, all I can say is: be careful what you wish for… ;-P Below the fold we go…