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EconoSpeak

The Econospeak blog, which succeeded MaxSpeak (co-founded by Barkley Rosser, a Professor of Economics at James Madison University and Max Sawicky, an economist at the Economic Policy Institute) is a multi-author blog . Self-described as “annals of the economically incorrect”, this frequently updated blog analyzes daily news from an economic perspective, but requires a strong economics background.

Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.0

The second part of my book proposal is a chapter outline and summary. I will be doing that on the installment plan, one chapter at a time. Below is a table of contents:Fetters/Der Gefesselte MarxAmbivalenceInversionAlienated labour and disposable timePauperism and “minus-labour”From sufficiency to planned obsolescence… and back?The revolutionary classA nation is really rich if the working day is 6 hours rather than twelve.The return of disposable time: time filled with the presence of the...

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Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading part one.

Marx’s Fetters and the Realm of Freedom: a remedial readingTom WalkerOverview (chapter summaries will be presented in a future post)This book proposes a remedial reading of the relationship in Marx’s critique of political economy between the forces and relations of production, real wealth, and value. It is remedial in two senses. First, it seeks to remedy the long-standing misconception of the 1859 preface to A Contribution to the Critique of Political Economy as Marx’s definitive statement...

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Opium of the People and Radical Chains

The historical dust has not settled, but at this moment it seems clear that a proletariat which does not embrace Marxism is entirely possible. Why not, then, Marxism without a proletariat? In a thoughtful article, "Radical Chains: The Marxian Concept of Proletarian Mission" (Studies on the Left, September-October, 1966), Oscar Berland argues that this is not only a thinkable but also a necessary thought. Ronald Aronson's "Reply" to Berland agrees that the proletariat has lost its...

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The University at War and the Iceberg Strategy

While looking for old sources discussing the "manpower channeling" policies of the U.S. Selective Service (draft) during the Vietnam war, I uncovered a treasure trove of 1960s essays on the military-industrial-academic complex. The first one that caught my eye was "The University and the Political Economy" by James O'Connor. O'Connor later wrote The Fiscal Crisis of the State and founded the journal, Capitalism Nature Socialism. "The University and the Political Economy" appeared in the 1969...

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SEIZE THE MEANS OF INSTRUCTION!

Fifty-four years ago Les Temps Modernes published an essay by André Gorz titled, "Destroy the University." I am posting it here adding occasional underlining for emphasis and commentary at the end. As I will explain in my comments, this piece is of interest to me because of its relevance to current student demonstrations but also because of Gorz's pioneering thought on ecological politics and on the future of work.Destroy the University, by André Gorz1. The university cannot function, and we...

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Leisure to Attend to Our Spiritual Business

ABSTRACT: Time is central to Martin Hägglund’s discussion of secular faith and spiritual freedom. Time is precisely what is finite in this life and presides over the relationships we value and our risk of losing them. Hägglund adopted the notion of disposable time from Karl Marx’s Grundrisse and reframed it as the more descriptive socially available free time. Following Marx, Hägglund advocates the revaluation of values so that socially available free time would become the measure of value...

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The Unknown Unknown Marx

Toward the end of his 1968 essay, "The Unknown Marx," Martin Nicolaus quoted Marx's enumeration of four barriers to production under capital that "expose the basis of overproduction, the fundamental contradiction of developed capital." Nicolaus qualified what Marx meant by overproduction to be "[not] simply ‘excess inventory’; rather, he means excess productive power more generally."‘These inherent limits necessarily coincide with the nature of capital, with its essential determinants. These...

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Matt Huber’s and Leigh Phillips’s “classical Marxist critique” of Kohei Saito

I have expressed my disagreement with Kohei Saito's Slow Down and Marx in the Anthropocene in previous posts. I welcome Huber's and Phillips's critique of Saito at Jacobin. They get much right in their criticism of Saito's Utopianism and implicit primitivism but they share with Saito a fundamental misreading of Marx. This misreading is based on a speculative interpretation of a stirring but ambiguous passage in Marx's Preface to his 1859 Contribution to the Critique of Political Economy:In...

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