The Mismeasure of Wealth: Essays on Marx and Social Form gathers Patrick Murrayâs essays reinterpreting Marx and Marxian theory published since his Marxâs Theory of Scientific Knowledge (1988), along with a previously unpublished essay and an introduction. Murrayâs essays concentrate on Marx the historical materialist, the investigator of historically specific social forms of wealth and labour. There is no production in general; the production of wealth always involves specific social forms and purposes that matter in many ways. Marxâs attention to the dynamics and far-reaching consequences of historically specific social forms â in particular those that are constitutive of the capitalist mode of production â sets him off from classical political economy and traditional Marxism. In probing Marxâs dialectical accounts of the commodity, value, money, surplus value, wage labour and capital, The Mismeasure of Wealth establishes Marxâs singular relevance for critical social theory today.
Patrick Murray, Ph.D. (1979), St. Louis University, is Professor of Philosophy at Creighton University, Omaha, Nebraska. He is author of Marx's Theory of Scientific Knowledge (Humanities, 1988) and editor of Reflections on Commercial Life (Routledge, 1997).
Preface
Acknowledgements
Introduction: Putting the Spotlight on Social Form and Purpose
PART I: THE ESSAYS
1: Value, Money and Capital in Hegel and Marx
2: Redoubled Empiricism: The Place of Social Form and Formal Causality in Marxian Theory
3: Things Fall Apart: Historical and Systematic Dialectics and the Critique of Political Economy
4: Marxâs âTruly Socialâ Labour Theory of Value: Part I, Abstract Labour in Marxian Value Theory
5: Marxâs âTruly Socialâ Labour Theory of Value: Part II, How is Labour that is under the Sway of Capital Actually Abstract?
6: The Grammar of Value: A Close Look at Marxâs Critique of Samuel Bailey
7: The Development of Marxâs Value-Form Theory in the Grundrisse: Reflections on Backhaus
8: The Necessity of Money: How Hegel Helped Marx to Surpass Ricardoâs Theory of Value
9: Money as Displaced Social Form: Why Value cannot be Independent of Price
10: The Social and Material Transformation of Production by Capital: Formal and Real Subsumption in Capital, Volume I
11: The Place of âThe Results of the Immediate Production Processâ in Capital
12: Beyond the âCommerce and Industryâ Picture of Capital
13: Capital âLaid Bareâ: How Hegel Helped Marx Surpass Ricardoâs Theory of Profit
14: The Illusion of the Economic: The Trinity Formula and the âReligion of Everyday Lifeâ
PART TWO: CRITICAL ENGAGEMENTS
15: Avoiding Bad Abstractions: A Defence of Co-constitutive Value-Form Theory
16: The New Giantâs Staircase
17: In Defence of the âThird Thing Argumentâ: A Reply to James Furnerâs âMarxâs Critique of Samuel Baileyâ
18: Reply to Reuten
19: Comments on âThe Four Drafts of Capital: Towards a new interpretation of the dialectical thought of Marxâ by Enrique Dussel and âIntroduction to Dusselâ by Fred Moseley
Bibliography
Index
Anyone interested in Marx, Marxâs method, the Hegel-Marx relationship, dialectics, the critique of economics, capitalism, social class, the theory of value and the value-form, or subsumption under specific social forms.