Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view

In Marx’s thought, is ‘law of value’ a particular law of capitalism (historicism) or a general law of the economy (naturalism)? To clarify this ambiguity, this article proposes to employ the social ontology of Cornélius Castoriadis. For it, ‘labour’ is not a substance, but a recent historical creati...

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Autor principal: Richard SOBEL
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Publicado: Editura ASE Bucuresti 2020
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spelling oai:doaj.org-article:53f688cf827743dfa74481390194fd832021-12-02T12:28:54ZMarx’s Law of value and the ontology of labour: a Castoriadian critical point of view1843-22981844-8208https://doaj.org/article/53f688cf827743dfa74481390194fd832020-11-01T00:00:00Z https://jpe.ro/pdf.php?id=8939 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208In Marx’s thought, is ‘law of value’ a particular law of capitalism (historicism) or a general law of the economy (naturalism)? To clarify this ambiguity, this article proposes to employ the social ontology of Cornélius Castoriadis. For it, ‘labour’ is not a substance, but a recent historical creation through which, finally, the capitalist mode of production expresses a fundamental truth about all society’s way of being. From this perspective, we explore some consequences of this deconstruction for the theory of value as current neo-Marxist approaches may employ it today in their economic analyses.Richard SOBELEditura ASE Bucurestiarticlelaw of valuenaturalismworksocial ontologymarxcastoriadisEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol XIII, Iss 2, Pp 116-136 (2020)
institution DOAJ
collection DOAJ
language DE
EN
FR
topic law of value
naturalism
work
social ontology
marx
castoriadis
Economics as a science
HB71-74
spellingShingle law of value
naturalism
work
social ontology
marx
castoriadis
Economics as a science
HB71-74
Richard SOBEL
Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
description In Marx’s thought, is ‘law of value’ a particular law of capitalism (historicism) or a general law of the economy (naturalism)? To clarify this ambiguity, this article proposes to employ the social ontology of Cornélius Castoriadis. For it, ‘labour’ is not a substance, but a recent historical creation through which, finally, the capitalist mode of production expresses a fundamental truth about all society’s way of being. From this perspective, we explore some consequences of this deconstruction for the theory of value as current neo-Marxist approaches may employ it today in their economic analyses.
format article
author Richard SOBEL
author_facet Richard SOBEL
author_sort Richard SOBEL
title Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
title_short Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
title_full Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
title_fullStr Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
title_full_unstemmed Marx’s Law of value and the ontology of labour: a Castoriadian critical point of view
title_sort marx’s law of value and the ontology of labour: a castoriadian critical point of view
publisher Editura ASE Bucuresti
publishDate 2020
url https://doaj.org/article/53f688cf827743dfa74481390194fd83
work_keys_str_mv AT richardsobel marxslawofvalueandtheontologyoflabouracastoriadiancriticalpointofview
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