[Marxism-Thaxis] I. I. Rubin's Essays on Marx's Theory of Value
There is the theoretical problem. Does the bourgeois mode of commodity production reach its historical limit based on its internal components, i.e., the wage labor form OR as the result of the emergence of a qualitatively new technology regime? The former states that bourgeois production reaches its historical limited based in cyclical crisis of capital. The latter states that bourgeois production reaches its historical limitation based on entering antagonism with a qualitatively new technology. Or both . . . .:-) Is both movements taking place? WL A similar movement is going on before our own eyes. Modern bourgeois society, with its relations of production, of exchange and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells. For many a decade past the history of industry and commerce is but the history of the revolt of modern productive forces against modern conditions of production, against the property relations that are the conditions for the existence of the bourgeois and of its rule. It is enough to mention the commercial crises that by their periodical return put the existence of the entire bourgeois society on its trial, each time more threateningly. In these crises, a great part not only of the existing products, but also of the previously created productive forces, are periodically destroyed. In these crises, there breaks out an epidemic that, in all earlier epochs, would have seemed an absurdity — the epidemic of over-production. Society suddenly finds itself put back into a state of momentary barbarism; it appears as if a famine, a universal war of devastation, had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed; and why? Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce. The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring disorder into the whole of bourgeois society, endanger the existence of bourgeois property. The conditions of bourgeois society are too narrow to comprise the wealth created by them. And how does the bourgeoisie get over these crises? On the one hand by enforced destruction of a mass of productive forces; on the other, by the conquest of new markets, and by the more thorough exploitation of the old ones. That is to say, by paving the way for more extensive and more destructive crises, and by diminishing the means whereby crises are prevented. ^ CB: Clearly here Marx and Engels portray period crises as tending to directly lead to the end of capitalism, not as normal reinforcement of the capitalist system. ___ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
[Marxism-Thaxis] I. I. Rubin's Essays on Marx's Theory of Value
This guy is getting lots of play in debate on LBO-talk CB ^ I. I. Rubin's Essays on Marx's Theory of Value Introduction http://www.marxists.org/archive/rubin/value/ch00.htm There is a tight conceptual relationship between Marx's economic theory and his sociological theory, the theory of historical materialism. Years ago Hilferding pointed out that the theory of historical materialism and the labor theory of value have the same starting point, specifically labor as the basic element of human society, an element whose development ultimately determines the entire development of society.[1] The working activity of people is constantly in a process of change, sometimes faster, sometimes slower, and in different historical periods it has a different character. The process of change and development of the working activity of people involves changes of two types: first, there are changes in means of production and technical methods by which man affects nature, in other words, there are changes in society's productive forces; secondly, corresponding to these changes there are changes in the entire pattern of production relations among people, the participants in the social process of production. Economic formations or types of economy (for example, ancient slave economy, feudal, or capitalist economy) differ according to the character of the production relations among people. Theoretical political economy deals with a definite social-economic formation, specifically with commodity-capitalist economy. The capitalist economy represents a union of the material-technological process and its social forms, i.e. the totality of production relations among people. The concrete activities of people in the material-technical production process presuppose concrete production relations among them, and vice versa. The ultimate goal of science is to understand the capitalist economy as a whole, as a specific system of productive forces and production relations among people. But to approach this ultimate goal, science must first of all separate, by means of abstraction, two different aspects of the capitalist economy: the technical and the social-economic, the material-technical process of production and its social form, the material productive forces and the social production relations. Each of these two aspects of the economic process is the subject of a separate science. The science of social engineering - still in embryonic state - must make the subject of its analysis the productive forces of society as they interact with the production relations. On the other hand, theoretical political economy deals with production relations specific to the capitalist economy as they interact with the productive forces of society. Each of these two sciences, dealing only with one aspect of the whole process of production, presupposes the presence of the other aspect of the production process in the form of an assumption which underlies its research. In other words, even though political economy deals with production relations, it always presupposes their unbreakable connection with the material-technical process of production, and in its research assumes a concrete stage and process of change of the material-productive forces. Marx's theory of historical materialism and his economic theory revolve around one and the same basic problem: the relationship between productive forces and production relations. The subject of both sciences is the same: the changes of production relations which depend on the development of productive forces. The adjustment of production relations to changes of productive forces - a process which takes the form of increasing contradictions between the production relations and the productive forces, and the form of social cataclysms caused by these contradictions - is the basic theme of the theory of historical materialism.[2] By applying this general methodological approach to commodity-capitalist society we obtain Marx's economic theory. This theory analyzes the production relations of capitalist society, the process of their change as caused by changes of productive forces, and the growth of contradictions which are generally expressed in crises. Political economy does not analyze the material-technical aspect of the capitalist process of production, but its social form, i.e., the totality of production relations which make up the economic structure of capitalism. Production technology (or productive forces) is included in the field of research of Marx's economic theory only as an assumption, as a starting point, which is taken into consideration only in so far as it is indispensable for the explanation of the genuine subject of our analysis, namely production relations. Marx's consistently applied distinction between the material-technical process of production and its social forms puts in our hands the key for
Re: [Marxism-Thaxis] I. I. Rubin's Essays on Marx's Theory of Value
In a message dated 8/10/2010 10:34:53 A.M. Eastern Daylight Time, _cb31...@gmail.com_ (mailto:cb31...@gmail.com) : The capitalist economy represents a union of the material-technological process and its social forms, i.e. the totality of production relations among people. The concrete activities of people in the material-technical production process presuppose concrete production relations among them, and vice versa. Comment I would write this different. Part of the new narrative. The capitalist - bourgeois, mode of commodity production represents a union of material-technological building blocks and social forms. The unity of the material-technological building block and the social form arising from this, including the ownership rights or relationship of people to property in the process of production = production relations. The concrete activities of people using a given state of development of means of production and their relationship to property - ownership rights, is the production relations amongst them. The reason is to tilt the equation back to what is fundamental - after we presuppose human beings; the material power of productive forces and their continuous development and evolution. There is the theoretical problem. Does the bourgeois mode of commodity production reach its historical limit based on its internal components, i.e., the wage labor form OR as the result of the emergence of a qualitatively new technology regime? The former states that bourgeois production reaches its historical limited based in cyclical crisis of capital. The latter states that bourgeois production reaches its historical limitation based on entering antagonism with a qualitatively new technology. Or both . . . .:-) Is both movements taking place? WL ___ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis