Google apps
Main menu

Post a Comment On: Understanding Society

"Marx's critique"

4 Comments -

1 – 4 of 4
Anonymous Anonymous said...

Marx's critique: capitalism cannot be stabilized.

The reproduction schema demonstrate the difficulties in balanced, crisis-free growth by specifying the unrealistic conditions that would have to be met.

The theory of the tendency for the rate of profit provides an explanation for catastrophic downturns and why they create the conditions for the eventual resumption of accumulation (cheapening constant capital through, for example, purchase of fire-sale assets, raising the rate of exploitation).

The development of the theory shows why the Keynesian solutions are likely to prove ineffective in a catastrophic downturn.

Simply stabilizing the price level will not necessarily make marginal investments profitable; interest rates cannot be lowered to make those marginal investments profitable; and the scale of debt-financed public works required to reach full employment is not politically and economically compatible with a system led by profit-oriented private enterprises; and even if business would not lose confidence due to future tax burdens and political encroachment, the very achievement of full employment would raise the specter of higher wages and discourage investment.

Marx's theory is primarily one of catastrophe--that is, of historical time, not empty homogenous time; Marx theorized the possibility of objective moments propitious for revolutionary decisions.

Lukacs understands this well in his defense of History and Class Consciouness.

This cannot be removed from Marx without removing Marx's contribution to human thought.

--hartal

July 23, 2011 at 7:40 PM

Blogger Lester said...

A good translation of Marx to the modern world - thank you.

I'd like to suggest that structured violence and media control are the two barriers we must confront to achieve any real reform.

With the decline of protestantism in England as the dominant social norm, media has replaced it as the chief tool of distraction from economic inequality. In place of the fantasy of an after-life, we now have the fantasy of another life, that of celebrities.

Sanctioned violence in the form of policing has been used since the beginnings of the first police to crush dissenting behaviour, from protest to occupation of vacant land etc.

With these two things in place, and only as Chomsky describes it a limited "non-economic" democracy, it is very difficult to imagine any real structural change.

Unfortunately this also means that alternative structures would need both violence and propaganda in order to succeed. History seems to back this idea(with the notable exception of India's emergence from colonial rule - though this was perhaps more a matter of mutual benefit and good timing).

Please note that in no way am I advocating violence and propaganda from the left in this comment. I'm merely making the observation that historically speaking, that's what has been required to bring about more than step-change.

July 25, 2011 at 6:23 AM

Anonymous Argumentative essay said...

Thank you for sharing such relevant topic with us. I really love all the great stuff you provide. Thanks again and keep it coming.

July 25, 2011 at 7:16 AM

Anonymous Anonymous said...

"He was, of course, a critic of other thinkers --Proudhon, Smith, Bakunin, for example."

And Bakunin critiqued him back -- and was proven completely right! The "dictatorship of the proletariat" did, indeed, become the dictatorship over the proletariat: Review of Bakunin's 'Statism and Anarchy'

As for Proudhon, Marx simply appropriated many of his best ideas while, at the same time, disgracefully distorting his ideas. As I show here, Marx used selective quoting, false attribution and tampered quotes in 'The Poverty of Philosophy.'

Unsurprisingly, when he discusses the Paris Commune Marx completely fails to mention that all the ideas he praises in it were first expounded by Proudhon. Unsurprisingly, given that it was Proudhon's followers who raised them in it!

Iain
An Anarchist FAQ

July 26, 2011 at 6:41 AM

You can use some HTML tags, such as <b>, <i>, <a>

Comment moderation has been enabled. All comments must be approved by the blog author.

You will be asked to sign in after submitting your comment.
Please prove you're not a robot