Critique Of Capitalism Quotes

There is no royal road to science, and only those who do not dread the fatiguing climb of its steep paths have a chance of gaining its luminous summits.

The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class which has the means of material production at its disposal, has control at the same time over the means of mental production, so that thereby, generally speaking, the ideas of those who lack the means of mental production are subject to it. The ruling ideas are nothing more than the ideal expression of the dominant material relationships, the dominant material relationships grasped as ideas.

Money is the alienated essence of man's labor and life; and this alien essence dominates him as he worships it.

Accumulate, accumulate! This is Moses and the Prophets!

Just as man is governed, in religion, by the products of his own brain, so, in capitalist production, he is governed by the products of his own hand.

Moments are the elements of profit

Gatsby is a critique of the American Dream. The only people who end up rich or successful in the novel are the ones who start out that way. Almost everyone else ends up dead or destitute. And it’s a critique of the kind of vapid capitalism that can’t find anything more interesting to do with money than try to make more of it. The book lays bare the carelessness of the entitled rich—the kind of people who buy puppies but won’t take care of dogs, or who purchase vast libraries of books but never read any of them.

Politically progressive black people on the Left who are not nationalist, like myself, share a perspective that promotes the eradication of white supremacy, the de-centering of the West, redressing of biases, and commitment to affirming black self-determination. Yet we add to the critique of white Western imperialism a repudiation of patriarchy, a critique of capitalism, and a concern for interracial coalition building.

Even an entire society, a nation, or all simultaneously existing societies taken together, are not the owners of the earth. They are simply its possessors, its beneficiaries, and have to bequeath it in an improved state to succeeding generations as boni patres familias [good heads of the household].

A commodity appears, at first sight, a very trivial thing, and easily understood. Its analysis shows that it is, in reality, a very queer thing, abounding in metaphysical subtleties and theological niceties. 

If capitalist realism is so seamless, and if current forms of resistance are so hopeless and impotent, where can an effective challenge come from? A moral critique of capitalism, emphasizing the ways in which it leads to suffering, only reinforces capitalist realism. Poverty, famine and war can be presented as an inevitable part of reality, while the hope that these forms of suffering could be eliminated easily painted as naive utopianism. Capitalist realism can only be threatened if it is shown to be in some way inconsistent or untenable; if, that is to say, capitalism's ostensible 'realism' turns out to be nothing of the sort.

The fact that labour is external to the worker, i.e., it does not belong to his intrinsic nature; that in his work, therefore he does not affirm himself but denies himself, does not feel content but unhappy, does not develop freely his physical and mental energy but mortifies his body and his mind. The worker therefore only feels himself outside his work, and in his work feels outside himself.

What exclusively determines the magnitude of the value of any article is therefore the amount of labour socially necessary, or the labour-time socially necessary for its production.

76. David Hume – Treatise on Human Nature; Essays Moral and Political; An Enquiry Concerning Human Understanding 77. Jean-Jacques Rousseau – On the Origin of Inequality; On the Political Economy; Emile – or, On Education, The Social Contract 78. Laurence Sterne – Tristram Shandy; A Sentimental Journey through France and Italy 79. Adam Smith – The Theory of Moral Sentiments; The Wealth of Nations 80. Immanuel Kant – Critique of Pure Reason; Fundamental Principles of the Metaphysics of Morals; Critique of Practical Reason; The Science of Right; Critique of Judgment; Perpetual Peace 81. Edward Gibbon – The Decline and Fall of the Roman Empire; Autobiography 82. James Boswell – Journal; Life of Samuel Johnson, Ll.D. 83. Antoine Laurent Lavoisier – Traité Élémentaire de Chimie (Elements of Chemistry) 84. Alexander Hamilton, John Jay, and James Madison – Federalist Papers 85. Jeremy Bentham – Introduction to the Principles of Morals and Legislation; Theory of Fictions 86. Johann Wolfgang von Goethe – Faust; Poetry and Truth 87. Jean Baptiste Joseph Fourier – Analytical Theory of Heat 88. Georg Wilhelm Friedrich Hegel – Phenomenology of Spirit; Philosophy of Right; Lectures on the Philosophy of History 89. William Wordsworth – Poems 90. Samuel Taylor Coleridge – Poems; Biographia Literaria 91. Jane Austen – Pride and Prejudice; Emma 92. Carl von Clausewitz – On War 93. Stendhal – The Red and the Black; The Charterhouse of Parma; On Love 94. Lord Byron – Don Juan 95. Arthur Schopenhauer – Studies in Pessimism 96. Michael Faraday – Chemical History of a Candle; Experimental Researches in Electricity 97. Charles Lyell – Principles of Geology 98. Auguste Comte – The Positive Philosophy 99. Honoré de Balzac – Père Goriot; Eugenie Grandet 100. Ralph Waldo Emerson – Representative Men; Essays; Journal 101. Nathaniel Hawthorne – The Scarlet Letter 102. Alexis de Tocqueville – Democracy in America 103. John Stuart Mill – A System of Logic; On Liberty; Representative Government; Utilitarianism; The Subjection of Women; Autobiography 104. Charles Darwin – The Origin of Species; The Descent of Man; Autobiography 105. Charles Dickens – Pickwick Papers; David Copperfield; Hard Times 106. Claude Bernard – Introduction to the Study of Experimental Medicine 107. Henry David Thoreau – Civil Disobedience; Walden 108. Karl Marx – Capital; Communist Manifesto 109. George Eliot – Adam Bede; Middlemarch 110. Herman Melville – Moby-Dick; Billy Budd 111. Fyodor Dostoevsky – Crime and Punishment; The Idiot; The Brothers Karamazov 112. Gustave Flaubert – Madame Bovary; Three Stories 113. Henrik Ibsen – Plays 114. Leo Tolstoy – War and Peace; Anna Karenina; What is Art?; Twenty-Three Tales 115. Mark Twain – The Adventures of Huckleberry Finn; The Mysterious Stranger 116. William James – The Principles of Psychology; The Varieties of Religious Experience; Pragmatism; Essays in Radical Empiricism 117. Henry James – The American; The Ambassadors 118. Friedrich Wilhelm Nietzsche – Thus Spoke Zarathustra; Beyond Good and Evil; The Genealogy of Morals;The Will to Power 119. Jules Henri Poincaré – Science and Hypothesis; Science and Method 120. Sigmund Freud – The Interpretation of Dreams; Introductory Lectures on Psychoanalysis; Civilization and Its Discontents; New Introductory Lectures on Psychoanalysis 121. George Bernard Shaw – Plays and Prefaces

By destroying the non-capitalist milieu on which its expansion is based, capitalism undermines the conditions of its own growth.

The economic structure of capitalist society has grown out of the economic structure of feudal society. The dissolution of the latter set free the elements of the former ... [T]he historical movement which changes the producers into wage-workers, appears, on the one hand, as their emancipation from serfdom and from the fetters of the guilds, and this side alone exists for our bourgeois historians. But, on the other hand, these new freedmen became sellers of themselves only after they had been robbed of all their own means of production, and of all the guarantees of existence afforded by the old feudal arrangements. And the history of this, their expropriation, is written in the annals of mankind in letters of blood and fire.

Money is the universal equivalent form of all commodities, which already show in their prices that they ideally represent a specific sum of money, expect to be transformed into money, and only receive the form in which they can be converted into use-values for their possessor by changing places with money.

Those who find it hypocritical of others to use, say, a smartphone, to speak ill of capitalism, needs to be reminded that capitalism is an ideology, not a technology.

As use-values, commodities differ above all in quality, while as exchange-values they can only differ in quantity, and therefore do not contain an atom of use-value.

As exchange-values, all commodities are merely definite quantities of congealed labour-time.

within the capitalist system all methods for raising the social productiveness of labour are brought about at the cost of the individual labourer; all means for the development of production transform themselves into means of domination over, and exploitation of, the producers; they mutilate the labourer into a fragment of a man, degrade him to the level of an appendage of a machine, destroy every remnant of charm in his work and turn it into a hated toil; they estrange from him the intellectual potentialities of the labour process in the same proportion as science is incorporated in it as an independent power; they distort the conditions under which he works, subject him during the labour process to a despotism the more hateful for its meanness; they transform his life-time into working-time, and drag his wife and child beneath the wheels of the Juggernaut of capital. But all methods for the production of surplus-value are at the same time methods of accumulation; and every extension of accumulation becomes again a means for the development of those methods. It follows therefore that in proportion as capital accumulates, the lot of the labourer, be his payment high or low, must grow worse. The law, finally, that always equilibrates the relative surplus population, or industrial reserve army, to the extent and energy of accumulation, this law rivets the labourer to capital more firmly than the wedges of Vulcan did Prometheus to the rock. It establishes an accumulation of misery, corresponding with accumulation of capital. Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, agony of toil slavery, ignorance, brutality, mental degradation, at the opposite pole, i.e., on the side of the class that produces its own product in the form of capital.

Marx himself makes it clear that he does not start from a basic concept – value – but from an elementary material phenomenon – the commodity – which is at the basis of capitalism, as the only economic organization based upon generalized commodity production.

Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. The time during which the labourer works, is the time during which the capitalist consumes the labour-power he has purchased of him.

It is not enough that the conditions of labour are concentrated at one pole of society in the shape of capital, while at the other pole are grouped masses of men who have nothing to sell but their labour-power. Nor is it enough that they are compelled to sell themselves voluntarily. The advance of capitalist production develops a working class which by education, tradition and habit looks upon the requirements of that mode of production as self-evident natural laws. The organization of the capitalist process of production, once it is fully developed, breaks down all resistance.

By contrast, under conditions of simple reproduction, there would be no surplus-value and no profit whatsoever, since all surplus-value would be unproductively consumed without entering into the reproduction process.

The formula itself expresses that the money is not spent here as money, but is only advanced, and is thus simply the money form of capital, money capital. It further expresses the fact that it is the exchange-value, not the use-value, that is the decisive inherent purpose of the movement.

We live in a time that demands a discourse of both critique and possibility, one that recognizes that without an informed citizenry, collective struggle, and viable social movements, democracy will slip out of our reach and we will arrive at a new stage of history marked by the birth of an authoritarianism that not only disdains all vestiges of democracy but is more than willing to relegate it to a distant memory.

Perseus wore a magic cap so that the monsters he hunted down might not see him. We draw the magic cap down over our own eyes and ears so as to deny that there are any monsters.

Force is the midwife of every old society pregnant with a new one. It is itself an economic power.

A use-value, or useful article, therefore, has value only because abstract human labour is objectified or materialized in it. How, then, is the magnitude of value to be measured? By means of the quantity of the "value-forming substance", the labour, contained in the article. This quantity is measured by its duration, and the labour-time is itself measured on the particular scale of hours, days etc.

[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed.

In its rational form [dialectic] is a scandal and abomination to bourgeoisdom and its doctrinaire professors, because it includes in its comprehension and affirmative recognition of the existing state of things, at the same time also, the recognition of the negation of that state, of its inevitable breaking up; because it regards every historically developed social form as in fluid movement, and therefore takes into account its transient nature not less than its momentary existence because it lets nothing impose upon it, and is in its essence critical and revolutionary.

With a given volume of capital advanced, the scale of production grows, and hence, with a given rate of surplus-value, the absolute mass of the surplus-value produced in one turnover period also grows, and there occurs, simultaneously with this, a rise in the annual rate of surplus-value caused by the reduction in the reproduction period.

All pursuit of commodity production becomes at the same time pursuit of the exploitation of labour-power; but only capitalist commodity production is an epoch-making mode of exploitation, which in the course of its historical development revolutionizes the entire economic structure of society by its organization of the labour process and its gigantic extension of technique, and towers incomparably above all earlier epochs.

M–L is the characteristic moment of the transformation of money capital into productive capital, for it is the essential condition without which the value advanced in the money form cannot really be transformed into capital, into value-producing surplus-value. M–mp is necessary only in order to realize the mass of labour bought by way of M–L.

The desire after hoarding is in its very nature unsatiable. In its qualitative aspect, or formally considered, money has no bounds to its efficacy, i.e., it is the universal representative of material wealth, because it is directly convertible into any other commodity. But, at the same time, every actual sum of money is limited in amount, and, therefore, as a means of purchasing, has only a limited efficacy. This antagonism between the quantitative limits of money and its qualitative boundlessness, continually acts as a spur to the hoarder in his Sisyphus-like labour of accumulating. It is with him as it is with a conqueror who sees in every new country annexed, only a new boundary.

The irrationality consists in the fact that labour as the value-forming element cannot itself possess any value, and so a certain quantity of labour cannot have a value that is expressed in its price, in its equivalence with a certain definite quantity of money.

If money, according to Augier, "comes into the world with a congenital blood-stain on one cheek," capital comes dripping from head to foot, from every pore, with blood and dirt.

To rank economic activities as more or less preferable is ideology, not science: a judgment that is driven by values and predilections, not by hard data.

Volume 2 of Capital has indeed been not only a ‘sealed book’, but also a forgotten one. To a large extent, it remains so to this very day.

The disappearance of this non-capitalist (pre-capitalist) environment thus marks the absolute limit of capitalist development.

What is characteristic is not that the commodity labour-power can be bought, but the fact that labour-power appears as a commodity.

As a matter of fact, the methods of primitive accumulation are anything but idyllic.

It is easy to imagine a society which, having reached a certain level of consumption, consciously decides to give absolute priority to a single goal: reduction of the work load.

because in the form of wages labour is bought with money, and this is taken as the characteristic feature of a ‘money economy’.

the existence of a class of wage-labourers, encourages the transition of all commodity production to capitalist commodity production.

It firstly makes commodity production universal, and then gradually transforms all commodity production into capitalist production.

as neoliberalism has entered its current crisis, the urge to reinvent feminist radicalism may be reviving. In an Act Three that is still unfolding, we could see a reinvigorated feminism join other emancipatory forces aiming to subject runaway markets to democratic control. In that case, the movement would retrieve its insurrectionary spirit, while deepening its signature insights: its structural critique of capitalism’s androcentrism, its systemic analysis of male domination, and its gender-sensitive revisions of democracy and justice.

The very nature of expanded reproduction – capitalist reproduction – under capitalism implies that production takes place not only on a broader scale, but also under changed technological conditions.

It is a pure tautology to say that crises are provoked by a lack of effective demand or effective consumption. The capitalist system does not recognize any forms of consumer other than those who can pay, if we exclude the consumption of paupers and swindlers. The fact that commodities are unsaleable means no more than that no effective buyers have been found for them, i.e. no consumers (no matter whether the commodities are ultimately sold to meet the needs of productive or individual consumption).

Its dramatis personae are not so much the worker and the industrialist, but rather the money-owner (and money-lender), the wholesale merchant, the trader and the entrepreneur or ‘functioning capitalist’.

For to maintain a critical stance toward the world at large meant that she was not a fool, had not been duped, that she would not be taken in by the accepted thinking of the day simply because that was how things were or because of fun or simplicity or being a good sport. No. To be Nightbitch meant always to be on guard, to doubt and confront, to critique and question, her husband, her motherhood, her career, these women, capitalism, careerism, politics and religion, all of it, especially her-marketing plans. But- and she truly couldn’t believe she now felt this way- she needed this, needed other women, other mothers, and even if these weren’t the exact right ones, they were a start. The cold terror of the cat murder left her desperate for some kind of equilibrium, to return to her self, or at least to a transformed self that owned her dreams and desires, but wielded her power with even determination.

In Book I… we content ourselves with the assumption that if in the self-expansion process £100 becomes £110, the latter will find already in existence in the market the elements into which it will change once more.

Since elements of productive capital are constantly being withdrawn from the market and all that is put into the market is an equivalent in money, the effective demand rises, without this in itself providing any element of supply.

In our reflecting and reasoning age, a man is not worth much who cannot give a good reason for everything, no matter how bad or crazy. Everything in the world that has been done wrong, has been done wrong for the very best of reasons.

For the capitalist who has others to work for him, buying and selling is a major function. Since he appropriates the product of many people, on a larger social scale, so he has also to sell on such a scale, and later to transform money back again into the elements of production. Now, as before, the time taken up with buying and selling creates no value.

Fixed and circulating capital are now no longer distinct and independent capital investments, but rather different portions of the same productive capital, which form different shares of the total value in different spheres of investment.

The interpenetration of pre-capitalist, semi-capitalist and capitalist relations of production, imposed upon colonies and semi-colonies by the power of capital on the world market and the violence of foreign political and military domination, has been an extremely important factor in the historical development of these twin sources of money capital accumulation.

Industrial capitalism transformed nature’s raw materials into commodities, and surveillance capitalism lays its claims to the stuff of human nature for a new commodity invention. Now it is human nature that is scraped, torn, and taken for another century’s market project. It is obscene to suppose that this harm can be reduced to the obvious fact that users receive no fee for the raw material they supply. That critique is a feat of misdirection that would use a pricing mechanism to institutionalize and therefore legitimate the extraction of human behavior for manufacturing and sale. It ignores the key point that the essence of the exploitation here is the rendering of our lives as behavioral data for the sake of others’ improved control of us. The remarkable questions here concern the facts that our lives are rendered as behavioral data in the first place; that ignorance is a condition of this ubiquitous rendition; that decision rights vanish before one even knows that there is a decision to make; that there are consequences to this diminishment of rights that we can neither see nor foretell; that there is no exit, no voice, and no loyalty, only helplessness, resignation, and psychic numbing; and that encryption is the only positive action left to discuss when we sit around the dinner table and casually ponder how to hide from the forces that hide from us.

after the abolition of capitalism, there will be ‘constant relative over-production’ of equipment, raw materials and foodstuffs. ‘Over-production of this kind’, he says, ‘is equivalent to control by the society over the objective means of its own reproduction.

working day of this kind, which is formed by the succession of more or less numerous interrelated working days, I call a working period. If we speak of the working day, then we mean the length of time for which the worker must daily expend his labour-power, must work. If we speak of the working period, on the other hand, this means the number of inter-related working days that are required, in a

The formula for the circuit of capital: M-C...P...C'-M', is the self-evident form of the circuit of capital only on the basis of already developed capitalist production, because it presupposes the availability of the class of wage-labourers in sufficient numbers throughout society.

When the commodity owners are not capitalists, but rather independent direct producers, the time they spend on buying and selling is a deduction from their labour time, and they therefore always seek (in antiquity, as also in the Middle Ages: F.E.) to defer such operations to feast days.

Tantae molis erat to unleash the 'eternal natural laws' of the capitalist mode of production, to complete the process of separation between the workers and the conditions of their labour, to transform, at one pole, the social means of production and subsistence into capital, and at the opposite pole, the mass of the population into wage-labourers, into the free 'labouring poor', that artificial product of modern history. If money, according to Augier, 'comes into the world with a congenital bloodstain on one cheek,' capital comes dripping from head to toe, from every pore, with blood and dirt.

His fifth innovation, then, on the very eve of the Industrial Revolution, was to develop the elements of a critique of capitalism, both in the preface to his play Narcisse and in his Discours sur l’inégalité, by identifying property and the competition to acquire it as the primary cause of alienation.

For the correct Marxist classification of the proletariat-the class which is forced by socio-economic compulsion to sell its labour-power to the capitalist owners of the means of production – implies that both variations in the level of the reserve army of labour, and the variegated relations between the ‘purely physiological’ and ‘moral-historical’ components of the value of labour-power,63 are of decisive importance for the proletarian’s immediate destiny.

We can thus understand why bourgeois political economy held instinctively to Adam Smith’s confusion of the categories ‘fixed and circulating capital’ with the categories ‘constant and variable capital’, and uncritically echoed it from one generation down to the next for a whole century. It no longer distinguished at all between the portion of capital laid out on wages and the portion of capital laid out on raw material, and only formally distinguished the former from constant capital in terms of whether it was circulated bit by bit or all at once through the product. The basis for understanding the real movement of capitalist production, and thus of capitalist exploitation, was thus submerged at one blow. All that was involved, on this view, was the reappearance of values advanced.

When they first emerged in their present shape around the turn of the 18th century, the so-called humane disciplines had a crucial social role. It was to foster and protect the kind of values for which a philistine social order had precious little time. The modern humanities and industrial capitalism were more or less twinned at birth. To preserve a set of values and ideas under siege, you needed among other things institutions known as universities set somewhat apart from everyday social life. This remoteness meant that humane study could be lamentably ineffectual. But it also allowed the humanities to launch a critique of conventional wisdom.

The additional purchasing power which has to be sucked into the process of capitalist circulation can only come from outside capitalist relations of production properly called, through forcing non-capitalist social classes (essentially peasants and pre-capitalist landowners) ruinously to spend their revenue on capitalist commodities.

The purchase and sale of slaves is also in its form a purchase and sale of commodities. Without the existence of slaves, however, money cannot fulfil this function. If there is slavery, then money can be spent on the acquisition of slaves. But money in the hand of the buyer is in no way a sufficient condition for the existence of slavery.

Critique Economy, a largely discursive and academic mini-industry that seems to have consumed too much of the left's energy of late, as its actual institutional power has declined.

Capitalism subordinates men to machines instead of using machines to liberate men from the burden of mechanical and repetitive work.

...paranın hareketi, yalnızca metaların dolaşımının ifadesi olduğu halde, tersine, metaların dolaşımı yalnızca paranın hareketinin sonucuymuş gibi görünür.

Marxism criticizes the world’s dominant economic system, which allows people to amass as much wealth as they can and to spend it as they wish. Should we be surprised that this critique generates backlash? To acquire things and to use them selfishly is a big part of human nature. Technological advances—the new smartphone, the new app, the new car—make each new toy more enticing and addictive. Today technology, more than religion, has become the opium of the people. In developed and developing countries alike, people long to acquire more and consume more.

These contradictions, of course, lead to explosions, crises, in which momentary suspension of all labour and annihilation of a great part of the capital violently lead it back to the point where it is enabled [to go on] fully employing its productive powers without committing suicide. Yet, these regularly recurring catastrophes lead to their repetition on a higher scale, and finally to its violent overthrow. There are moments in the developed movement of capital which delay this movement other than by crises; such as e.g. the constant devaluation of a part of the existing capital: the transformation of a great part of capital into fixed capital which does not serve as agency of direct production; unproductive waste of a great portion of capital etc.

Darwin has interested us in the history of Nature’s Technology, i.e., in the formation of the organs of plants and animals, which organs serve as instruments of production for sustaining life. Does not the history of the productive organs of man, of organs that are the material basis of all social organisation, deserve equal attention? And would not such a history be easier to compile, since, as Vico says, human history differs from natural history in this, that we have made the former, but not the latter? Technology discloses man’s mode of dealing with Nature, the process of production by which he sustains his life, and thereby also lays bare the mode of formation of his social relations, and of the mental conceptions that flow from them. Every history of religion, even, that fails to take account of this material basis, is uncritical. It is, in reality, much easier to discover by analysis the earthly core of the misty creations of religion, than, conversely, it is, to develop from the actual relations of life the corresponding celestialised forms of those relations. The latter method is the only materialistic, and therefore the only scientific one. The weak points in the abstract materialism of natural science, a materialism that excludes history and its process, are at once evident from the abstract and ideological conceptions of its spokesmen, whenever they venture beyond the bounds of their own speciality.

Or how does it happen that trade, which after all is nothing more than the exchange of products of various individuals and countries, rules the whole world through the relation of supply and demand—a relation which, as an English economist says, hovers over the earth like the fate of the ancients, and with invisible hand allots fortune and misfortune to men, sets up empires and overthrows empires, causes nations to rise and to disappear—while with the abolition of the basis of private property, with the communistic regulation of production (and implicit in this, the destruction of the alien relation between men and what they themselves produce), the power of the relation of supply and demand is dissolved into nothing, and men get exchange, production, the mode of their mutual relation, under their own control again?

In every stock jobbing swindle every one knows that some time or other the crash must come, but every one hopes that it may fall on the head of his neighbour, after he himself has caught the shower of gold and placed it in safety. Apres moi le déluge! is the watchword of every capitalist and of every capitalist nation. Hence capital is reckless of the health or length of life of the labourer, unless under compulsion from society.

Vulgar economy actually does no more than interpret, systematise and defend in doctrinaire fashion the conceptions of the agents of bourgeois production who are entrapped in bourgeois production relations. It should not astonish us, then, that vulgar economy feels particularly at home in the estranged outward appearances of economic relations in which these prima facie absurd and perfect contradictions appear and that these relations seem the more self-evident the more their internal relationships are concealed from it, although they are understandable to the popular mind. But all science would be superfluous if the outward appearance and the essence of things directly coincided.

The sum of productive forces, capital funds and social forms of intercourse, which every individual and generation finds in existence as something given, is the real basis of what the philosophers have conceived as "substance" and "essence of man," and what they have deified and attacked: a real basis which is not in the least disturbed, in its effect and influence on the development of men, by the fact that these philosophers revolt against it as "self-consciousness" and the "Unique.

In this circuit, the stage of production, the function of P, forms an interruption in the circulation process M–C…C′–M′, whose two phases are in turn only a mediation of simple circulation M–C–M′. The production process here appears formally and explicitly, in the actual form of the circuit itself, for what it actually is in the capitalist mode of production, a mere means for the valorization of the value advanced; i.e. enrichment as such appears as the inherent purpose of production.

The UN Universal Declaration of Human Rights of 1948 is a foundational document for a bourgeois, market-based individualism and as such cannot provide a basis for a thoroughgoing critique of liberal or neoliberal capitalism. Whether it is politically useful to insist that the capitalist political order live up to its own foundational principles is one thing, but to imagine that this politics can lead to a radical displacement of a capitalist mode of production is, in Marx’s view, a serious error.

A real reconciliation of East and West is impossible and inconceivable on the basis of a materialistic Communism, or of a materialistic Capitalism, or indeed of a materialistic Socialism. The third way will neither be "anti-Communist" nor 'anti-Capitalist'. It will recognize the truth in liberal democracy, and it will equally recognize the truth in Communism. A critique of Communism and Marxism does not entail an enmity towards Soviet Russia, just as a critique of liberal democracy is not entail enmity towards the west. . . . But the final and most important justification of a 'third way' is that there must be a place from which we may boldly testify to, and proclaim, truth, love and justice. No one today likes truth: utility and self interest have long ago been substituted for truth.

Conversely, from the standpoint of the circulation process, the distinction between fixed and circulating capital, it is just as immaterial in what proportion a given value of circulating capital is divided between material of labour and wages. From the one standpoint, the material of labour is ranked in the same category as the means of labour, as opposed to the capital value laid out on labour-power. From the other standpoint, the part of capital laid out on labour-power is ranked together with that laid out on material of labour, as opposed to the part of capital laid out on means of labour.

The behavioral programme of the post-social society during the post-capitalism interregnum is governed by a neoliberal ethos of competetive self-improvement, of untiring cultivation of one's marketable human capital, enthusiastic dedication to work, and cheerfully optimistic, playful acceptance of the risks inherent in a world that has outgrown government. That this programme is dutifully implemented is essential, as the reproduction of the post-capitalist society lite hangs on the thin thread of an accommodating systematic architecture. Structuralist critique of false institutions may therefore have to be complemented by a renewed culturalist critique of false consciousness.

Failure to recognize the historical specificity of the bourgeois conception of rights and duties leads to serious errors. It is for this reason that Marx registers...a vigorous indictment of the anarchist Proudhon... Proudhon in effect took the specifics of bourgeois legal and economic relations and treated them as universal and foundational for the development of an alternative, socially just economic system. From Marx's standpoint, this is no alternative at all since it merely re-inscribes bourgeois conceptions of value in a supposedly new form of society. This problem is still with us, not only because of the contemporary anarchist revival of interest in Proudhon's ideas but also because of the rise of a more broad-based liberal human rights politics as a supposed antidote to the social and political ills of contemporary capitalism. Marx's critique of Proudhon is directly applicable to this contemporary politics. The UN Universal Declaration of Human Rights of 1948 is a foundational document for a bourgeois, market-based individualism and as such cannot provide a basis for a thoroughgoing critique of liberal or neoliberal capitalism. Whether it is politically useful to insist that the capitalist political order live up to its own foundational principles is one thing, but to imagine that this politics can lead to a radical displacement of a capitalist mode of production is, in Marx's view, a serious error.

...the reconciliation of irrational forms in which certain economic relations appear and assert themselves in practice does not concern the active agents of these relations in their everyday life. And since they are accustomed to move about in such relations, they find nothing strange therein. A complete contradiction offers not the least mystery to them. They feel as much at home as a fish in water among manifestations which are separated from their internal connections and absurd when isolated by themselves. What Hegel says with reference to certain mathematical formulas applies here: that which seems irrational to ordinary common sense is rational, and that which seems rational to it is itself irrational.

because of Marx’s capacity to discover the long-term laws of motion of the capitalist mode of production in its essence, irrespective of thousands of ‘impurities’ and of secondary aspects, that his long-term predictions – the laws of accumulation of capital, stepped-up technological progress, accelerated increase in the productivity and intensity of labour, growing concentration and centralization of capital, transformation of the great majority of economically active people into sellers of labour-power, declining rate of profit, increased rate of surplus value, periodically recurrent recessions, inevitable class struggle between Capital and Labour, increasing revolutionary attempts to overthrow capitalism – have been so strikingly confirmed by history.

It also follows that even if the social working day (i.e. the labour spent by the entire working class over a whole year), just like each individual working day, can be simply broken down into two parts, i.e. into necessary labour plus surplus labour, and even though the value produced by this working day can therefore be similarly broken down into two parts, i.e. the portion of value with which the worker buys his own means of reproduction, and the surplus-value that the capitalist can spend for his individual consumption – yet, from the social standpoint, one part of the social working day is spent exclusively on the production of fresh constant capital, i.e. of products that are exclusively destined to function in the labour process as means of production, and therefore as constant capital in the accompanying process of valorization.

Indeed, the recurrent critiques of the lack of diversity of Silicon Valley's VC sector and the companies that it backs can be seen as a reflection of the importance of social capital. We might speculate that the reason VC's can seem like a clique is not because they the venture capitalists are unusually bad or cliquish people, but because the underlying model of the VC business thrives on dense social networks which will always tend to gravitate to cliquishness in the absence of the countervailing effort, and perhaps even then.

We lessen the sin of the world by joining the Lamb of God in bearing sin and pardoning sinners. But as the church as become a powerful institution, a consort with kings and queens, a confidante of presidents and prime ministers, our dispensing of grace has become distorted. We show grace to the institutions of systematic sin while condemning the individual sinner. It should be the other way around. It was never the “rank and file” sinners who gnashed their teeth at Jesus, but those for whom the present arrangement of systematic sin was advantageous. Jesus condemned the systematic sin that preserved the status quo for the Herodians and the Sadducees, but showed compassion to publicans and prostitutes. This is grace. But the church, courting the favor of the powerful, has forgotten this kind of grace. We coddle the mighty whose ire we fear and condemn the sin of the weak who pose no threat. We enthusiastically endorse the systems of greed that run Wall Street while condemning personal greed in the life of the individual working for the minimum wage. We will gladly preach a sermon against the sin of personal greed, but we dare not offer a prophetic critique of the golden calf of unfettered capitalism. Jesus and Saint Francis and Dorothy Day did the opposite. They shamed the principalities and powers, but offered pardon to the people. This is the grace of God the church is to embody.

Recall Marx’s fundamental insight about the “bourgeois” limitation of the logic of equality: capitalist inequalities (“exploitation”) are not the “unprincipled violations of the principle of equality,” but are absolutely inherent to the logic of equality, they are the paradoxical result of its consistent realization. What we have in mind here is not only the wearisome old motif of how market exchange presupposes formally/legally equal subjects who meet and interact in the market; the crucial moment of Marx’s critique of “bourgeois” socialists is that capitalist exploitation does not involve any kind of “unequal” exchange between the worker and the capitalist—this exchange is fully equal and “just,” ideally (in principle), the worker gets paid the full value of the commodity he is selling (his labor-power). Of course, radical bourgeois revolutionaries are aware of this limitation; however, the way they try to counteract it is through a direct “terroristic imposition of more and more de facto equality (equal salaries, equal access to health services…), which can only be imposed through new forms of formal inequality (different sorts of preferential treatments for the underprivileged). In short, the axiom of equality” means either not enough (it remains the abstract form of actual inequality) or too much (enforce “terroristic” equality)— it is a formalistic notion in a strict dialectical sense, that is, its limitation is precisely that its form is not concrete enough, but a mere neutral container of some content that eludes this form.

It is one thing to explain the causal origins of thinking, as science commendably does; it is an entirely different thing to conflate thinking in its formal or rule-governed dimension with its evolutionary genesis. Being conditioned is not the same as being constituted. Such a conflation not only sophistically elides the distinction between the substantive and the formal, it also falls victim to a dogmatic metaphysics that is impulsively blind to its own epistemological and methodological bases qua origins. It is this genetic fallacy that sanctions the demotion of general intelligence as qualitatively distinct to a mere quantitative account of intelligent behaviours prevalent in nature. It should not come as a any surprise that this is exactly the jaded gesture of antihumanism upon whose shoddy pillars today's discourse of posthumanism supports its case. Talk of thinking forests, rocks, worn shoes, and ethereal beings goes hand in hand with the cult of technological singularity, musings on Skynet or the Market as speculative posthuman intelligence, and computers endowed with intellectual intuition. And again, by now it should have become obvious that, despite the seeming antagonism between these two camps - one promoting the so-called egalitarianism of going beyond human conditions by dispensing with the rational resources of critique, the other advancing the speculative aspects of posthuman supremacy on the grounds of the technological overcoming of the human condition - they both in fact belong to the arsenal of today's neoliberal capitalism in its full-on assault on any account of intelligence that may remotely insinuate an ambition for collective rationality and imagination.

So Marxism, for all its plurality, has been marked by the interplay of theoretical and political preoccupations. It has also been punctuated by widely perceived moments of internal crisis – starting in the late 1890s with the publication of Eduard Bernstein’s Preconditions of Socialism, but again during the First World War, in the 1930s, and at the end of the 1970s. Indeed, one of us has written, “Marxism is constitutively, from Marx’s contribution onwards, . . . crisis theory” (Kouvelakis 2005, 25). Perhaps there are two main reasons for this succession of crises. First, Marxism is inherently tied to capitalism, at once the object of the critique of political economy and an enemy to be vanquished. But since, as Marx and Engels showed in the Communist Manifesto, it is also a dynamic system constantly transforming itself, Marxism constantly falls victim to the anxiety that it is not adequate to its Protean antagonist, that it must run to keep up with the metamorphoses of bourgeois society. This is then connected to a second source of anxiety, namely that capitalism continues to exist, and that therefore the communist project remains unrealized, two centuries now after Marx’s birth.

Our exploration into advertising and media is at its root a critique of the exploitative nature of capitalism and consumerism. Our economic systems shape how we see our bodies and the bodies of others, and they ultimately inform what we are compelled to do and buy based on that reflection. Profit-greedy industries work with media outlets to offer us a distorted perception of ourselves and then use that distorted self-image to sell us remedies for the distortion. Consider that the female body type portrayed in advertising as the “ideal” is possessed naturally by only 5 percent of American women. Whereas the average U.S. woman is five feet four inches tall and weighs 140 pounds, the average U.S. model is five feet eleven and weighs 117. Now consider a People magazine survey which reported that 80 percent of women respondents said images of women on television and in the movies made them feel insecure. Together, those statistics and those survey results illustrate a regenerative market of people who feel deficient based on the images they encounter every day, seemingly perfectly matched with advertisers and manufacturers who have just the products to sell them (us) to fix those imagined deficiencies.18

The specific economic form, in which unpaid surplus-labour is pumped out of direct producers, determines the relationship of rulers and ruled, as it grows directly out of production itself and, in turn, reacts upon it as a determining element. Upon this, however, is founded the entire formation of the economic community which grows up out of the production relations themselves, thereby simultaneously its specific political form. It is always the direct relationship of the owners of the conditions of production to the direct producers — a relation always naturally corresponding to a definite stage in the development of the methods of labour and thereby its social productivity — which reveals the innermost secret, the hidden basis of the entire social structure and with it the political form of the relation of sovereignty and dependence, in short, the corresponding specific form of the state. This does not prevent the same economic basis — the same from the standpoint of its main conditions — due to innumerable different empirical circumstances, natural environment, racial relations, external historical influences, etc. from showing infinite variations and gradations in appearance, which can be ascertained only by analysis of the empirically given circumstances.

MT: But you are. You are justifying it. RG: I'm trying to show that there's meaning at precisely the point where the nihilistic temptation is strongest today. I'm saying: there's a Revelation, and people are free to do with it what they will. But it too will keep reemerging. It's stronger than them. And, as we have seen, it's even capable of putting mimetic phenomena to work on its behalf, since today everyone is competing to see who is the most “victimized.” Revelation is dangerous. It's the spiritual equivalent of nuclear power. What's most pathetic is the insipidly modernized brand of Christianity that bows down before everything that's most ephemeral in contemporary thought. Christians don't see that they have at their disposal an instrument that is incomparably superior to the whole mishmash of psychoanalysis and sociology that they conscientiously feed themselves. It's the old story of Esau sacrificing his inheritance for a plate of lentils. All the modes of thought that once served to demolish Christianity are being discredited in turn by more “radical” versions of the same critique. There's no need to refute modern thought because, as each new trend one-ups its predecessors, it's liquidating itself at high speed. The students are becoming more and more skeptical, but, and above all in America, the people in power, the department chairs, the “chairpersons,” as they say, are fervent believers. They're often former sixties' radicals who've made the transition to administrative jobs in academia, the media, and the church. For a long time, Christians were protected from this insane downward spiral, and, when they finally dive in, you can recognize them by their naïve modernist faith. They're always one lap behind. They always choose the ships that the rats are in the midst of abandoning. They're hoping to tap into the hordes of people who have deserted their churches. They don't understand that the last thing that can attract the masses is a Christian version of the demagogic laxity in which they're already immersed. Today, it's thought that playing the social game, whether on the individual or the group level, is more indispensable than thinking…it's thought that there are truths that shouldn't be spoken. In America, it's become impossible to be unapologetically Christian, white, or European without running the risk of being accused of “ethnocentrism.” To which I reply that the eulogists of “multiculturalism” place themselves, to the contrary, in the purest of Western traditions. The West is the only civilization ever to have directed such criticisms against itself. The capital of the Incas had a name that I believe meant “the navel of the world.

There is an excellent short book (126 pages) by Faustino Ballvè, Essentials of Economics (Irvington-on-Hudson, N.Y.: Foundation for Economic Education), which briefly summarizes principles and policies. A book that does that at somewhat greater length (327 pages) is Understanding the Dollar Crisis by Percy L. Greaves (Belmont, Mass.: Western Islands, 1973). Bettina Bien Greaves has assembled two volumes of readings on Free Market Economics (Foundation for Economic Education). The reader who aims at a thorough understanding, and feels prepared for it, should next read Human Action by Ludwig von Mises (Chicago: Contemporary Books, 1949, 1966, 907 pages). This book extended the logical unity and precision of economics beyond that of any previous work. A two-volume work written thirteen years after Human Action by a student of Mises is Murray N. Rothbard’s Man, Economy, and State (Mission, Kan.: Sheed, Andrews and McMeel, 1962, 987 pages). This contains much original and penetrating material; its exposition is admirably lucid; and its arrangement makes it in some respects more suitable for textbook use than Mises’ great work. Short books that discuss special economic subjects in a simple way are Planning for Freedom by Ludwig von Mises (South Holland, 111.: Libertarian Press, 1952), and Capitalism and Freedom by Milton Friedman (Chicago: University of Chicago Press, 1962). There is an excellent pamphlet by Murray N. Rothbard, What Has Government Done to Our Money? (Santa Ana, Calif.: Rampart College, 1964, 1974, 62 pages). On the urgent subject of inflation, a book by the present author has recently been published, The Inflation Crisis, and How to Resolve It (New Rochelle, N.Y.: Arlington House, 1978). Among recent works which discuss current ideologies and developments from a point of view similar to that of this volume are the present author’s The Failure of the “New Economics”: An Analysis of the Keynesian Fallacies (Arlington House, 1959); F. A. Hayek, The Road to Serfdom (1945) and the same author’s monumental Constitution of Liberty (Chicago: University of Chicago Press, 1960). Ludwig von Mises’ Socialism: An Economic and Sociological Analysis (London: Jonathan Cape, 1936, 1969) is the most thorough and devastating critique of collectivistic doctrines ever written. The reader should not overlook, of course, Frederic Bastiat’s Economic Sophisms (ca. 1844), and particularly his essay on “What Is Seen and What Is Not Seen.” Those who are interested in working through the economic classics might find it most profitable to do this in the reverse of their historical order. Presented in this order, the chief works to be consulted, with the dates of their first editions, are: Philip Wicksteed, The Common Sense of Political Economy, 1911; John Bates Clark, The Distribution of Wealth, 1899; Eugen von Böhm-Bawerk, The Positive Theory of Capital, 1888; Karl Menger, Principles of Economics, 1871; W. Stanley Jevons, The Theory of Political Economy, 1871; John Stuart Mill, Principles of Political Economy, 1848; David Ricardo, Principles of Political Economy and Taxation, 1817; and Adam Smith, The Wealth of Nations, 1776.

It should be clear by now that whatever Americans say about diversity, it is not a strength. If it were a strength, Americans would practice it spontaneously. It would not require “diversity management” or anti-discrimination laws. Nor would it require constant reminders of how wonderful it is. It takes no exhortations for us to appreciate things that are truly desirable: indoor plumbing, vacations, modern medicine, friendship, or cheaper gasoline. [W]hen they are free to do so, most people avoid diversity. The scientific evidence suggests why: Human beings appear to have deeply-rooted tribal instincts. They seem to prefer to live in homogeneous communities rather than endure the tension and conflict that arise from differences. If the goal of building a diverse society conflicts with some aspect of our nature, it will be very difficult to achieve. As Horace wrote in the Epistles, “Though you drive Nature out with a pitchfork, she will ever find her way back.” Some intellectuals and bohemians profess to enjoy diversity, but they appear to be a minority. Why do we insist that diversity is a strength when it is not? In the 1950s and 1960s, when segregation was being dismantled, many people believed full integration would be achieved within a generation. At that time, there were few Hispanics or Asians but with a population of blacks and whites, the United States could be described as “diverse.” It seemed vastly more forward-looking to think of this as an advantage to be cultivated rather than a weakness to be endured. Our country also seemed to be embarking on a morally superior course. Human history is the history of warfare—between nations, tribes, and religions —and many Americans believed that reconciliation between blacks and whites would lead to a new era of inclusiveness for all peoples of the world. After the immigration reforms of 1965 opened the United States to large numbers of non- Europeans, our country became more diverse than anyone in the 1950s would have imagined. Diversity often led to conflict, but it would have been a repudiation of the civil rights movement to conclude that diversity was a weakness. Americans are proud of their country and do not like to think it may have made a serious mistake. As examples of ethnic and racial tension continued to accumulate, and as the civil rights vision of effortless integration faded, there were strong ideological and even patriotic reasons to downplay or deny what was happening, or at least to hope that exhortations to “celebrate diversity” would turn what was proving to be a problem into an advantage. To criticize diversity raises the intolerable possibility that the United States has been acting on mistaken assumptions for half a century. To talk glowingly about diversity therefore became a form of cheerleading for America. It even became common to say that diversity was our greatest strength—something that would have astonished any American from the colonial era through the 1950s. There is so much emotional capital invested in the civil-rights-era goals of racial equality and harmony that virtually any critique of its assumptions is intolerable. To point out the obvious— that diversity brings conflict—is to question sacred assumptions about the ultimate insignificance of race. Nations are at their most sensitive and irrational where they are weakest. It is precisely because it is so easy to point out the weaknesses of diversity that any attempt to do so must be countered, not by specifying diversity’s strengths—which no one can do—but with accusations of racism.

The purpose of this critique of pure speculative reason consists in the attempt to change the old procedure of metaphysics, and to bring about a complete revolution after the example set by geometers and investigators of nature. This critique is a treatise on the method, not a system of the science itself; but nevertheless it marks out the whole plan of this science, both with regard to its limits and with regard to its inner organization. For it is peculiar to pure speculative reason that it is able, indeed bound, to measure its own powers according to the different ways in which it chooses its objects for thought, and to enumerate exhaustively the different ways of choosing its problems, thus tracing a complete outline of a system of metaphysics. This is due to the fact that, with regard to the first point, nothing can be attributed to objects in *a priori* knowledge, except what the thinking subject takes from within itself; while, with regard to the second point, pure reason, as far as its principles of knowledge are concerned, forms a separate and independent unity, in which, as in an organized body, every member exists for the sake of all the others, and all the others exist for the sake of the one, so that no principle can be safely applied in *one* relation unless it has been carefully examined in *all* its relations to the whole use of pure reason. Hence, too, metaphysics has this singular advantage, an advantage which cannot be shared by any other rational science which has to deal with objects (for *logic* deals only with the form of thought in general), that if by means of this critique it has been set upon the secure course of a science, it can exhaustively grasp the entire field of knowledge pertaining to it, and can thus finish its work and leave it to posterity as a capital that can never be added to, because it has to deal only with principles and with the limitations of their use, as determined by these principles themselves. And this completeness becomes indeed an obligation if metaphysics is to be a fundamental science, of which we must be able to say, *nil actum reputants, si quid superesset agendum* [to think that nothing was done for as long as something remained to be done]." ―from_Critique of Pure Reason_. Preface to the Second Edition. Translated, edited, and with an Introduction by Marcus Weigelt, based on the translation by Max Müller, pp. 21-22