1st Edition

The Nature of Capital Marx after Foucault

By Richard Marsden Copyright 1999
    256 Pages
    by Routledge

    256 Pages
    by Routledge

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    The synthesis of Marx and Foucault has traditionally been seen within the social sciences as deeply problematic. The author overturns this received wisdom by subjecting both thinkers to an original re-reading through the lens of the philosophy of critical realism.
    The result is an illuminating synthesis between Marx's social relations of production and Foucault's disciplinary power from which the author constructs a model of the material causes of our capacity to act. The laws of motion of a society and its microphysics are shown to be complementary parts of a theory of capital, society's genetic code. The Nature of Capital overturns traditional interpretations of Marx, presents an accessible and comprehensive account of the development of his model of capital and demonstrates its ability to explain modern societies.

    Part 1 Market and Work Places: Discovering what is real Chapter 1. Marketing postmodernity: 'Just like reality, only better' Chapter 2. Potmodernity and capital: A personal retrospective Chapter 3. Retroduction and realism: How to theorize Part 2 Conclusions in search of a premiss: Formulating modernity Chapter 4. Beyond good and evil: the modern manicheism Chapter 5. Everything pregnant with it is contrary: Nothing but constant change Part 3 The Unknown masterpiece: Marx's model of capital Chapter 6. The Inner Connection: Production, distribution and circulation Chapter 7. The nature of capital: Surface, structure, movement Part 4 Capital: Society's Law of Motion and Microphysics Chapter 8. How labour is organized into a productive force: Cost accounting, IR and HRM Chapter 9. The promised 'Connected Whole': Marx, Critical realism and Forcault Chapter 10. Working capital to the surface: Explaining the here and now


    Richard Marsden

    'This is an exciting heuristic adventure, which would appeal to students of Marx and Foucault, and indeed anyone concerned about the hypereal 'shopping mall' logic of the postmodern capitalist world we live in at the moment' - Saul Newman, Macquarie University, Australia'