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This Wreckage

Spine Check 3 - Abolishing Value and Time w/ Jake Flores (Preview)

This Wreckage

Sean KB and AP Andy

Arts, Music

4.2980 Ratings

🗓️ 7 August 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

We continue to check the decomposition of the spines of our favorite texts of Marx and Marxism with this short and practical discussion on value criticism and Moishe Postone's Time Labor and Social Domination

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Transcript

Click on a timestamp to play from that location

0:00.0

I think Postone was working in the 80s and 90s at the same time as Robert Kurtz and the

0:08.3

Verst Critique Group and I think also the crisis group, both amount of uh... west germany at the time

0:14.7

and i think that the reason why

0:16.6

postone comes to this particular value critique position

0:20.5

uh... the the the western marxists in g in Germany come to it all in the 1980s and 90s

0:26.1

is because a lot of the foundational sort of manuscripts and early works of Marx

0:30.6

were actually being published for the first time starting in the 1970s.

0:34.8

So it took about a decade for theorists to be able to get in and see the notes that Marx took and all

0:40.9

the stuff that didn't make it into capital volume one two three the

0:44.1

Grunrissa and various other documents that were published to try to to see what

0:49.5

the what the what the what the point of the entire critique is like when you talk about critique from the standpoint of

0:56.0

labor this is like a lot of times people ascribe to Marx and Marxism the idea of the labor theory of value, right? Everyone's

1:06.5

probably familiar of that and then you'll get into an argument with some

1:11.6

marginalist out there, some like neo-classical economists, who will bring up the

1:16.3

transformation problem, Marxism has never been able to transform value into prices, or they'll bring

1:22.2

up various other sort of empirical difficulties with

1:25.3

proving Marxism as an economic science.

1:28.8

What I think started to arise in the late 20th century was I think a much more a critique that was

1:37.8

much truer to what Marx himself was it was actually trying to do which was not

1:41.4

formulate the labor theory of value which is

1:44.6

something that Ricardo and Smith had done before them but actually critiqued that

1:48.3

in an imminent way and what he was actually talking about as CLR James said as far back as the 1930s is not the

...

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