In a message dated 1/4/2005 10:06:52 AM Central Standard Time, [EMAIL PROTECTED] writes:

Someone quoted Marx:

>>As soon as labour in the direct form has ceased to be the great
well-spring of wealth, labour time ceases and must
cease to be its measure, and hence exchange value must
cease to be the measure of use value.'<<

 

In the context of the Grundrisse, is Marx referring to a tendency that actually is realized -- or may someday be realized -- under capitalism?

 
Source of quote:
 
That is from the title of Paolo Virno's thesis #2 of
his "Ten Theses on the Multitude and Post-Fordist
Capitalism," from _A Grammar of the Multitude_.

Without passing judgement on the other nine theses or
Virno's book, which I haven't read, this thesis seems
to me to say something (with regard to those passages
from the Grundrisse) that I have been thinking and
saying for at least the last four years. I just
thought I would post it to Pen-l to see if anyone has
any thoughts on this thesis, Virno's ten theses or
Virno's book.

The Sandwichman

"Marx writes: 'The theft of alien labour time, on
which the present wealth is based, appears a miserable
foundation in face of the automated system of machines
created by large-scale industry itself. As soon as
labour in the direct form has ceased to be the great
well-spring of wealth, labour time ceases and must
cease to be its measure, and hence exchange value must
cease to be the measure of use value.'

"In the 'Fragment on Machines' from the Grundrisse,
from which I drew that citation, Marx upholds a thesis
that is hardly Marxist: abstract knowledge-scientific
knowledge, first and foremost, but not only that-moves
towards becoming nothing less than the principal
productive force, relegating parceled and repetitive
labor to a residual position. We know that Marx turns
to a fairly suggestive image to indicate the complex
of knowledge which makes up the epicenter of social
production and at the same time prearranges its vital
confines: general intellect. The tendential
pre-eminence of knowledge makes of labor time a
'miserable foundation.' The so-called 'law of value'
(according to which the value of a product is
determined by the amount of labor time that went into
it), which Marx considers the keystone of modern
social relations, is, however, shattered and refuted
by capitalist development itself.

"It is at this point that Marx proposes a hypothesis
on surpassing the rate of dominant production which is
very different from the more famous hypotheses
presented in his other works. In the 'Fragment,' the
crisis of capitalism is no longer attributed to the
disproportions inherent in a means of production truly
based on labor time supplied by individuals (it is no
longer attributed, therefore, to the imbalances
connected to the full force of the law, for example,
to the fall of the rate of profit). Instead, there
comes to the foreground the splitting contradiction
between a productive process which directly and
exclusively calls upon science, and a unit of
measurement of wealth which still coincides with the
quantity of labor incorporated in the products. The
progressive widening of this differential means,
according to Marx, that 'production based on exchange
value breaks down' and leads thus to communism.

"What is most obvious in the post-Ford era is the full
factual realization of the tendency described by Marx
without, however, any emancipating consequences. The
disproportion between the role accomplished by
knowledge and the decreasing importance of labor time
has given rise to new and stable forms of power,
rather than to a hotbed of crisis. The radical
metamorphosis of the very concept of production
belongs, as always, in the sphere of working under a
boss. More than alluding to the overcoming of what
already exists, the 'Fragment' is a toolbox for the
sociologist. It describes an empirical reality which
lies in front of all our eyes: the empirical reality
of the post-Fordist structure."

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