Marx’s value chain operates reversibly despite appearing chronological
Evidence
In opening the lid of Money as a seemingly unitary phenomenon, Marx discovers a forever-seething chain in the pot: Value —•Money—•Capital. As in Hegel—of course Marx is not always a Hegelian, but he seems to be here—those arrows are not irreversible. Logical schemes are not necessarily identical with chronological ones. But for purposes of philosophical cogitation and revolutionary agitation, the self-determination of the concept capital can be turned backward and forward every which way. — Donna Landry and Gerald MacLean, The Spivak Reader, 940
Categorization
- XREF: The reversible value-chain method parallels the genealogical counter-history technique of Foucault’s Hotman/Boulainvilliers that the reader traces in Society Must Be Defended — logical schemes detached from chronology. — connects to: Mature Marx employed structural rather than sequential causality; The derivative logic reveals how disconnected capitalist processes derive value from each other — Max Haiven, Cultures of Financialization, 482
Broader Connections
- Mature Marx employed structural rather than sequential causality
#corroborates(0.85) - The derivative logic reveals how disconnected capitalist processes derive value from each other
#expands(0.75) — Max Haiven, Cultures of Financialization, 482