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Article
Publication date: 1 July 1987

Barry S. Clark

That these two passages can appear in the same work, separated by only two paragraphs, confirms a tension latent in Marxian thought. After offering an appealing vision of…

Abstract

That these two passages can appear in the same work, separated by only two paragraphs, confirms a tension latent in Marxian thought. After offering an appealing vision of a society in which the individual and community have been reconciled, Marx almost immediately denies any reliance on ethical ideals. Yet, as I shall argue, the very vision of the future society as transcending the conflict between individual will and systemic functioning is grounded in an ethic of human fulfillment as derived from the development and exercise of capacities within a community of equals. In the Marxian approach to understanding society, the ethical element is not excluded, but rather co‐exists uneasily with a theory of historical evolution.

Details

International Journal of Social Economics, vol. 14 no. 7/8/9
Type: Research Article
ISSN: 0306-8293

Article
Publication date: 1 July 1992

Eduardo M. Ochoa

Focuses on Elliott′s writings on Marx through the prism of acontemporary question of pressing urgency for those committed to humanprogress: is socialism possible…

Abstract

Focuses on Elliott′s writings on Marx through the prism of a contemporary question of pressing urgency for those committed to human progress: is socialism possible? Concentrates on a subset of Elliott′s writings on Marx and sketches out his version of Marx′s views on the ideal character of socialism. The humane, decentralized, and emancipatory vision of socialism which emerges would seem to be the most meaningful legacy to be drawn from Marx′s life and work. Contrasts this vision with the historical experience of the Communist world, and attempts to reach some conclusions to its central question.

Details

International Journal of Social Economics, vol. 19 no. 7/8/9
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 July 1989

Richard Wiltgen

Marx, like orthodox political economists, developed a concept ofhistorical and economic change that corresponds to the period and modeof thought and policy that is today…

Abstract

Marx, like orthodox political economists, developed a concept of historical and economic change that corresponds to the period and mode of thought and policy that is today called “mercantilism”. Marx′s treatment of the subject was varied and uneven and did not achieve a fully developed state until his conception of value and capitalism was well defined and he could apply the notion of mercantilism to his analysis of economic development. In his early writings, Marx addressed mercantilism doctrine while mainly ignoring economic developments taking place in the mercantilist era. In the second period, Marx and Engel′s emphasis was shifted to historical development. It was during the third period when Marx developed his theory of surplus value that his conception of mercantilism became grounded in economic development and attained maturity. Only when Marx′s concept of mercantilism had practical significance could its significance be fully developed.

Details

International Journal of Social Economics, vol. 16 no. 7
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 2 September 2016

Bernard Paranque

This chapter reconsiders commonly held views on the ownership and management of private property, contrasting capitalist and simple property, particularly in relation to…

Abstract

Purpose

This chapter reconsiders commonly held views on the ownership and management of private property, contrasting capitalist and simple property, particularly in relation to how a firm shareholder governance model has shaped society. This consideration is motivated by the scale and scope of the modern global crisis, which has combined financial, economic, social and cultural dimensions to produce world disenchantment.

Methodology/approach

By contrasting an exchange value standpoint with a use value perspective, this chapter explicates current conditions in which neither the state nor the market prevail in organising economic activity (i.e. cooperative forms of governance and community-created brand value).

Findings

This chapter offers recommendations related to formalised conditions for collective action and definitions of common guiding principles that can facilitate new expressions of the principles of coordination. Such behaviours can support the development of common resources, which then should lead to a re-appropriation of the world.

Practical implications

It is necessary to think of enterprises outside a company or firm context when reflecting on the end purpose and means of collective, citizen action. From a methodological standpoint, current approaches or studies that view an enterprise as an organisation, without differentiating it from a company, create a deadlock in relation to entrepreneurial collective action. The absence of a legal definition of enterprise reduces understanding and evaluations of its performance to simply the performance by a company. The implicit shift thus facilitates the assimilation of one with the other, in a funnel effect that reduces collective projects to the sole projects of capital providers.

Originality/value

Because forsaking society as it stands is a radical response, this historical moment makes it necessary to revisit the ideals on which modern societies build, including the philosophy of freedom for all. This utopian concept has produced an ideology that is limited by capitalist notions of private property.

Details

Finance Reconsidered: New Perspectives for a Responsible and Sustainable Finance
Type: Book
ISBN: 978-1-78560-980-0

Keywords

Book part
Publication date: 20 May 2011

Harry F. Dahms

Despite profound differences, both the German Historical School and the critical theory of the Frankfurt School have in common a theoretical and cultural heritage in…

Abstract

Despite profound differences, both the German Historical School and the critical theory of the Frankfurt School have in common a theoretical and cultural heritage in Central European traditions of social thought and philosophy. Although both schools often are perceived as quintessentially German traditions of economic and social research, their methodological presuppositions and critical intent diverge strongly. Since the objective of the Frankfurt School was to carry the theoretical critique initiated by Marx into the twentieth century, and since its members did so on a highly abstract level of theoretical criticism, the suggestion may be surprising that in terms of their respective research agendas, there was a common denominator between the German Historical School and the Frankfurt School critical theory. To be sure, as will become apparent, the common ground was rather tenuous and indirect. We must ask, then: in what respects did their theoretical and analytical foundations and orientations overlap? How did the German Historical School, as a nineteenth-century tradition of economic thinking, influence the development of the Frankfurt School?

Details

The Vitality Of Critical Theory
Type: Book
ISBN: 978-0-85724-798-8

Abstract

Details

The Ideological Evolution of Human Resource Management
Type: Book
ISBN: 978-1-78743-389-2

Book part
Publication date: 8 December 2021

Alexander M. Stoner

This chapter explores the domestication of Marx's critique of political economy within Marxist-oriented environmental sociology, and treadmill of production (ToP) theory…

Abstract

This chapter explores the domestication of Marx's critique of political economy within Marxist-oriented environmental sociology, and treadmill of production (ToP) theory, in particular. The aim is to explicate the theoretical resources for a rigorous critique of capital-induced planetary degradation. Shortcomings of ToP theory pertaining to the conceptualization of capital and value are identified. The reasons for these shortcomings, including how they might be addressed, are elaborated by reconsidering key aspects of Marx's critical theory of modern capitalist society. The chapter contributes to current discussions in both critical theory and environmental sociology by demonstrating the continued relevance of Marx's critical theory for understanding the political-economic, social, and ideational dimensions of planetary degradation. In contrast to ToP theory, which critically examines the production of wealth by counterposing finitude and limits against the expansionary tendencies of economic growth, the critical theory approach advanced in this chapter conceptualizes the acceleration of environmental degradation following World War II in terms of a ToP of value, whereby the necessity of the value form is continuously established in the present. The chapter discusses how Marxian critical theory facilitates a critical examination of the widespread growth of environmentalism as concomitant with the spread of neoliberal capitalism.

Book part
Publication date: 30 September 2010

Paul Paolucci

In theorizing the dynamics of social processes, dialectical thinking informs Marx's historical materialist inquiries and both – dialectics and historical materialist…

Abstract

In theorizing the dynamics of social processes, dialectical thinking informs Marx's historical materialist inquiries and both – dialectics and historical materialist principles – inform his political–economic analysis. In conceptualizing empirical observations during this work, Marx (1973b, p. 101) assumes that the “concrete is concrete because it is the concentration of many determinations, hence unity of the diverse” and that “With the varying degree of development of productive power, social conditions and the laws governing them vary too” (Marx, 1992, p. 28). This methodological tack strives for the flexibility needed for analyzing patterns in long-term social development (the structure of history) as well as the logic of specific systems in their totality and flux (the history of structures).

Details

Theorizing the Dynamics of Social Processes
Type: Book
ISBN: 978-0-85724-223-5

Book part
Publication date: 18 April 2015

Pavel Illich Popov

This chapter offers the first full translation from Russian to English of the Balance of the National Economy of the USSR, 192426’s first chapter. Involving 12 authors…

Abstract

This chapter offers the first full translation from Russian to English of the Balance of the National Economy of the USSR, 192426’s first chapter. Involving 12 authors and composed of 21 chapters, the Balance is a collective work published in June 1926 in Moscow by the Soviet Central Statistical Administration under the scientific supervision of its former director, Pavel Illich Popov (1872–1950). In this first chapter, titled ‘Studying the Balance of the National Economy: An Introduction’, Popov set the theoretical foundations of what might be considered as the first modern national accounting system and paved the way to multisector macroeconometric modelling.

Book part
Publication date: 29 October 2014

Brian O’ Boyle and Terrence McDonough

This chapter undertakes one re-evaluation of Louis Althusser’s philosophical legacy for modern Marxism. While Althusser self-consciously undertook to defend the scientific…

Abstract

This chapter undertakes one re-evaluation of Louis Althusser’s philosophical legacy for modern Marxism. While Althusser self-consciously undertook to defend the scientific character of Marxism and so permanently establish it on a firm footing, many of his closest followers eventually exited the Marxian paradigm for a post-structuralism post-Marxism. We will argue that this development was rooted in Althusser’s initial procedure as he attempted to ground Marxism’s scientificity in an epistemological argument whose main referent was Marxism itself. This initiated a circularity which was ultimately to prove fatal to Althusser’s project. Less remarked upon, however, is a further legacy of the Althusserian oeuvre, the critical realist conception of Marxism initiated by Roy Bhaskar. Bhaskar found part of his inspiration in Althusser’s successful posing of the question of Marx’s science. On the one hand, Althusser’s work can legitimately be seen as a bridge into the post-modern challenge to Marxism. On the other hand, it can be seen as clearing the ground and establishing some of the foundation for critical realism’s successful recuperation of the scientific character of Marxism.

Details

Research in Political Economy
Type: Book
ISBN: 978-1-78441-007-0

Keywords

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