Marx Versus Markets

Marx Versus Markets PDF Author: Stanley Williams Moore
Publisher: Penn State Press
ISBN: 9780271008653
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
The challenge to Marxian theory presented by the current collapse of communist economies centers on the role of markets. Marx versus Markets points out that Marx defines communist economies--even in their lower stage of development--as classless economies without markets. It then examines his claims that classless economies with markets are in some sense inferior to communist economies. Two conclusions emerge from Stanley Moore's analysis. First, Marx's major arguments for abolishing commodity exchange rely on moral and philosophical premises, derived from Feuerbach in the earlier writings and from Hegel in the later. Second, Marx's ideal of communist economy in incompatible with his materialistic approach to history. Marx's attack on markets flunked the test of theory one hundred years before it flunked the test of practice.

Marx Versus Markets

Marx Versus Markets PDF Author: Stanley Williams Moore
Publisher: Penn State Press
ISBN: 9780271008653
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
The challenge to Marxian theory presented by the current collapse of communist economies centers on the role of markets. Marx versus Markets points out that Marx defines communist economies--even in their lower stage of development--as classless economies without markets. It then examines his claims that classless economies with markets are in some sense inferior to communist economies. Two conclusions emerge from Stanley Moore's analysis. First, Marx's major arguments for abolishing commodity exchange rely on moral and philosophical premises, derived from Feuerbach in the earlier writings and from Hegel in the later. Second, Marx's ideal of communist economy in incompatible with his materialistic approach to history. Marx's attack on markets flunked the test of theory one hundred years before it flunked the test of practice.

Against the Market

Against the Market PDF Author: David McNally
Publisher: Verso
ISBN: 9780860916062
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
In this innovative book, David McNally develops a powerful critique of market socialism, by tracing it back to its roots in early political economy. He ranges from Adam Smith’s attempt to reconcile moral philosophy with market economics to Malthus’s reformulation of Smith’s political economy which made it possible to justify poverty as a moral necessity. Smith’s economic theory was also the source of an attempt to construct a critique of capitalism derived from his conception of free and equal exchange governed by natural price. This Smithian forerunner of today’s market socialism sought to reform the market without abolishing the social relations on which it was based. McNally explores this tradition sympathetically, but exposes its fatal flaws. The book concludes with an incisive consideration of efforts by writers such as Alec Nove to construct a “feasible” model of market socialism. McNally shows these efforts are still plagued by the failure of early Smithian socialism to come to grips with the social foundations of the market, the commodification of labor-power which is the key to market regulation of the economy. The results, he argues, are neither socialist nor workable.

Marx Versus Markets

Marx Versus Markets PDF Author: Stanley Moore
Publisher: Penn State Press
ISBN: 9780271038926
Category : Political Science
Languages : en
Pages : 144

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Book Description
""This book will serve the good purpose of helping to wean those remaining dogmatic Marxists from their defense of communism without markets, by showing that the claim that such a society could exist was false inference, even from within Marxism. It is a worthwhile contribution to Marxology, with a special relevance in the post-1989 world. Marx versus Markets is well researched, well argued, and convincing."" ---John E. Roemer, University of California, Davis The challenge to Marxian theory presented by the current collapse of communist economies centers on the role of markets. Marx Versus Markets points out that Marx defines communist economies--even in their lower stage of development-- as classless economies without markets. It then examines his claims that classless economies with markets are in some sense inferior to communist economies. Two conclusions emerge from Stanley Moore's analysis. First, Marx's major arguments for abolishing commodity exchange rely on moral and philosophical premises, derived from Feuerback in the earlier writings and from Hegel in the later. Second, Marx's ideal of communist economy in incompatible with his materialistic approach to history. Marx's attack on markets flunked the test of theory one hundred years before it flunked the test of practice. Stanley Moore is Professor Emeritus of Philosophy, University of California, San Diego, and author of Marx on the Choice between Socialism and Communism (Harvard, 1980).

Economics as Worldly Philosophy

Economics as Worldly Philosophy PDF Author: R. Blackwell
Publisher: Springer
ISBN: 134922572X
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
These essays written by students of Robert Heilbroner, develop central themes in his work - the importance of historical perspective in economics, the connection with the great questions of philosophy, and the immediacy of politics. They begin by criticizing the rational maximizing foundations of conventional theory, finding no place there for history. The essays first explore methodology, then technology in relation to history, the politics inherent in economics, and finally, turn to the great Classics, interpreted in relation to modern questions.

Socialism, Markets, and the Critique of Money

Socialism, Markets, and the Critique of Money PDF Author: Tsuyoshi Yuki
Publisher: Springer Nature
ISBN: 3030804089
Category : Political Science
Languages : en
Pages : 287

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Book Description
This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.

Karl Marx

Karl Marx PDF Author: Allan Megill
Publisher: Rowman & Littlefield
ISBN: 9780742511668
Category : History
Languages : en
Pages : 404

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Book Description
Why did Karl Marx want to exclude politics and the market from his vision of a future socialism? In Karl Marx: The Burden of Reason, Allan Megill begins with this question. Megill's examination of Marx's formative writings casts new light on Marx's relation to philosophy and reveals a hitherto largely unknown 'rationalist' Marx. In demonstrating how Marx's rationalism permeated his attempts to understand politics, economics, and history generally, Megill forces the reader to rethink Marx's entire intellectual project. While Megill writes as an intellectual historian and historian of philosophy, his highly original redescription of the Marxian enterprise has important implications for how we think about the usability of Marx's work today. Karl Marx: The Burden of Reason will be of interest to those who wish to reflect on the fate of Marxism during the era of Soviet Communism. It will also be of interest to those who wish to discern what is living and what is dead, what is adequate and what requires replacement or supplementation, in the work of a figure who, in spite of everything, remains one of the greatest philosophers and social scientists of the modern world.

From Marx and Mao to the Market

From Marx and Mao to the Market PDF Author: Johan F.M. Swinnen
Publisher: Oxford University Press, USA
ISBN: 0199288917
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
"This book is the first effort to analyze the economics and politics of agricultural reforms by comparing the reform processes, their causes and their effects across this vast region. The authors draw on a vast set of studies and new data, which compare reforms and economic impacts in more than 25 countries. A series of conclusions and implications on the role of economic reforms in growth, and the importance of initial conditions and political constraints in explaining the choices that were made and their effects are discussed throughout the book."--BOOK JACKET.

Monsters of the Market

Monsters of the Market PDF Author: David McNally
Publisher: BRILL
ISBN: 9004201572
Category : Political Science
Languages : en
Pages : 309

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Book Description
"Monsters of the Market" investigates modern capitalism through the prism of the body panics it arouses. Examining "Frankenstein," Marx s "Capital" and zombie fables from sub-Saharan Africa, it offers a novel account of the cultural and corporeal economy of global capitalism.

A People's Guide to Capitalism

A People's Guide to Capitalism PDF Author: Hadas Thier
Publisher: Haymarket Books
ISBN: 1642592188
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money

Reshaping Markets

Reshaping Markets PDF Author: Bertram Lomfeld
Publisher: Cambridge University Press
ISBN: 1316571688
Category : Law
Languages : en
Pages : 387

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Book Description
Set against the origins and consequences of the global financial crisis, this timely book offers an enriching and revealing narrative of the role that the state plays in regulating markets. Focusing on core areas of private law such as corporate, labour and banking law, the contributors offer a conceptual framework in which to examine the central tenets of the role of private law in today's global economy. In the current climate of ever increasing economic inequality and austerity measures, the authors highlight the urgent need for a comprehensive analysis of the continuing tension between ideas of market liberalism and theories of society. With a focus on both the domestic and transnational dimensions of market governance, the authors offer a crucial insight into the co-existence and interaction between state and market-based economic governance.