Fetishism and the Theory of Value 1st edition by Desmond McNeill – Ebook PDF Instant Download/Delivery: 3030561239 , 9783030561239
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ISBN 10: 3030561239
ISBN 13: 9783030561239
Author: Desmond McNeill
This book demonstrates the continuing relevance of Marx’s critique of the capitalist system, in which value is simply equated with market price. It includes chapters specifically on the environment and financialisation, and presents Marx’s qualitative theory of value and the associated concept of fetishism in a clear and comprehensive manner. Section I demonstrates how fetishism developed in Marx’s writing from a journalistic metaphor to an analytical device central to his critique. In Section II, commodity fetishism is distinguished from other forms: of money, capital and interest-bearing capital. There follows an analysis of Marx’s complex attempt to distinguish his argument from that of Ricardo, and Samuel Bailey. The section ends with a discussion of the ontological status of value: as a social rather than a natural phenomenon. Section III considers the merits of understanding value by analogy with language, and critically assesses the merits of structural Marxism. Section IV challenges Marx’s emphasis solely on production, and considers also exchange and consumption as social relations. Section V critically assesses recent Marx-inspired literature relating to the two key crises of our time, finance and the environment, and identifies strong similarities between the key analytical questions that have been debated in each case.
Fetishism and the Theory of Value 1st Table of contents:
1. Introduction
Part I. The Concept of Fetishism
2. The Origins of Fetishism in Marx’s Writings
3. The Development of the Concept over Time
4. Fetishism: A Preliminary Exegesis
Part II. The Ontology of Fetishism
5. Fetishism of Money, Capital, Interest-Bearing Capital and Commodities
6. The Form of Value: The Scylla of Bailey and the Charybdis of Hegel
7. Appearance and Reality: Some Ontological Issues
Part III. On Value and Meaning
8. What Is Value? Marx’s Use of Analogy
9. The Limitations of Structural Marxism
10. The Commodity as Sign
Part IV. The Social Relations of Production, Exchange and Consumption
11. Marx’s Emphasis on Production
12. Exchange and Reciprocity
13. Consumption, Need and Use-Value
Part V. Marx in the Twenty-First Century
14. Marx and the Environment
15. Marx and Financialisation
16. Conclusion
Back Matter
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Tags: Desmond McNeill, Theory of Value, Fetishism