Steven said,

“While we were usually lumped in with Autonomist Marxism, in fact our work
was always very critical,  sometimes ferociously so, of work like Toni
Negri's that abandoned the labor theory of value.”

How exactly did Negri abandon the LTV? After Negri’s careful reading of the
Grundrisse in “Marx beyond Marx,” the LTV served as the foundation for the
“refusal of work” strategy.

Essentially Negri’s premise was that working class activity proceeds
capitalist reformism to the extent that direct labor immediately dictates
the terrain of the class struggle (in a local/national framework).

Refusal of labor was a strategy that argued for workers to withdraw the use
value of  their labor from exchange with capital under the slightly naive
assumption that trapping capital in its fixed form could block circulation
and lead to an organic simulation in the fall of the rate of profit.

Naive as it may have been the assumptions of the theory presuppose an
intimate reading of the LTV so I’m simply confused about this specific line
of attack against Negri.

Unless the attack is centered on the post Savage Anomaly, Empire era Negri
which I would no longer consider Autonomous Marxist.

Spinoza provided French Post-structuralist with a way out of continental
philosophy with the rejection of Hegel, Heidegger and Husserl.
Unfortunately it didn’t provide a pathway beyond the structuralism of the
market economy.

I’m still not sure if the rejection of dialectical philosophy by Negri was
more of an abandonment, a revisionism, or a defeatism.

The Italian movement exemplified by the years of lead that culminated in
the historic compromise, (i.e the elevation of the state conspiring with
fascism over the alliance with the PCI, and the Christian Democrats)
profoundly affected Negri.

After prison Spinoza gave Negri a language to continue his State
philosophy, reconnect his own Christian and working class roots, and
apologize for the activism of his youth.

Despite this movement away from the working class movement and towards
academic philosophy, Im not convinced that Negri ever abandoned the Labor
Theory of Value.

Finally, the labor theory of value is not an inherently Marxist term so
it’s unclear how any Marxist can abandon the LTV. Adam Smith and David
Ricardo are the classical voices associated with the establishment of  the
Labor theory of Value.

Marxism is a critique of the labor theory of value that demonstrates how
alienation and exploitation underpin the fundamental relationship between
Value, Price and Profit.

Maybe I’m being too critical but I’m unfamiliar with the Midnight group so
perhaps more information would bring clarity to this issue and how the
group compares or contrast with other theories of Marxism.

Ben


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