Capital Redefined

Capital Redefined presents a unique perspective on the nature of “capital,” departing from the prevailing reductionist accounts. Hosseini and Gills offer an expanded perspective on Marxian value theory by addressing its main limitations and building their own integrative value theory. They argue tha...

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Հիմնական հեղինակներ: HOSSEINI, S A Hamed, Gills, Barry K.
Ձևաչափ: Online
Լեզու:անգլերեն
Հրապարակվել է: Taylor & Francis 2023
Խորագրեր:
Առցանց հասանելիություն:OCN: 1395545427
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author HOSSEINI, S A Hamed
Gills, Barry K.
author_browse Gills, Barry K.
HOSSEINI, S A Hamed
author_facet HOSSEINI, S A Hamed
Gills, Barry K.
author_sort HOSSEINI, S A Hamed
collection Directory of Open Access Books
description Capital Redefined presents a unique perspective on the nature of “capital,” departing from the prevailing reductionist accounts. Hosseini and Gills offer an expanded perspective on Marxian value theory by addressing its main limitations and building their own integrative value theory. They argue that the current understanding of “value” must be re-examined and liberated from its subservient ties to capital while acknowledging the ways in which capital appropriates value. This is achieved by differentiating between “fetish value” created by capital and “true value” generated through various commons-based forms of coexistence. The authors propose a defetishization of value by rejecting the commonly accepted idea of its objectivity. They introduce their “commonist value theory,” which redefines capital as both the product and process of perverting the fundamental commoning causes of true value into sources of fetish value. Capital is theorized through a “modular” framework, where multiple intersecting processes constitute a comprehensive power structure, a “value regime,” representing an unprecedented degree of the domination of capital over life. Their theory reconciles two apparently incompatible views on the notion of value. One view encompasses all inputs involved in capitalist value production and conflates intrinsic and commodity values. The other warns against this conflation as it treats capital as an entity tightly associated only with commodity production and wage labor. The authors believe that establishing alternative forms of value creation based on normative principles of living in commons is crucial as an analytical base for criticizing existing power structures and economic systems. The book offers a theoretical foundation for transforming our life worlds toward “post-capitalist” futures. It appeals to scholars and students in various fields, such as political economy, capitalism, and post-capitalist studies, economic and political sociology, globalization, development studies, social ecology, and ecological philosophy.
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spelling doab-20.500.12854ir-1175322025-03-20T08:30:17Z Capital Redefined HOSSEINI, S A Hamed Gills, Barry K. Capital;Capitalism;Capitalist;Climate;Commonist Value Theory;Commons;Development;Ecology;Economic;Fetish Value;Globalisation;Globalization;Labor;Labour;Liberating;Life;Marx;Modular;Political Economy;Power;True Value;Value Capital Redefined presents a unique perspective on the nature of “capital,” departing from the prevailing reductionist accounts. Hosseini and Gills offer an expanded perspective on Marxian value theory by addressing its main limitations and building their own integrative value theory. They argue that the current understanding of “value” must be re-examined and liberated from its subservient ties to capital while acknowledging the ways in which capital appropriates value. This is achieved by differentiating between “fetish value” created by capital and “true value” generated through various commons-based forms of coexistence. The authors propose a defetishization of value by rejecting the commonly accepted idea of its objectivity. They introduce their “commonist value theory,” which redefines capital as both the product and process of perverting the fundamental commoning causes of true value into sources of fetish value. Capital is theorized through a “modular” framework, where multiple intersecting processes constitute a comprehensive power structure, a “value regime,” representing an unprecedented degree of the domination of capital over life. Their theory reconciles two apparently incompatible views on the notion of value. One view encompasses all inputs involved in capitalist value production and conflates intrinsic and commodity values. The other warns against this conflation as it treats capital as an entity tightly associated only with commodity production and wage labor. The authors believe that establishing alternative forms of value creation based on normative principles of living in commons is crucial as an analytical base for criticizing existing power structures and economic systems. The book offers a theoretical foundation for transforming our life worlds toward “post-capitalist” futures. It appeals to scholars and students in various fields, such as political economy, capitalism, and post-capitalist studies, economic and political sociology, globalization, development studies, social ecology, and ecological philosophy. 2023-10-10T04:03:49Z 2023-10-10T04:03:49Z 2023-10-09T10:51:29Z 2024 book OCN: 1395545427 https://library.oapen.org/handle/20.500.12657/76595 9781032374765 9781003340386 9781032374772 https://directory.doabooks.org/handle/20.500.12854/117532 eng Rethinking Globalizations open access image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/76595/1/9781003805588.pdf https://library.oapen.org/bitstream/20.500.12657/76595/1/9781003805588.pdf https://library.oapen.org/bitstream/20.500.12657/76595/1/9781003805588.pdf https://library.oapen.org/bitstream/20.500.12657/76595/1/9781003805588.pdf Taylor & Francis Routledge 10.4324/9781003340386 10.4324/9781003340386 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 9781032374765 9781003340386 9781032374772 Routledge 140 open access
spellingShingle Capital;Capitalism;Capitalist;Climate;Commonist Value Theory;Commons;Development;Ecology;Economic;Fetish Value;Globalisation;Globalization;Labor;Labour;Liberating;Life;Marx;Modular;Political Economy;Power;True Value;Value
HOSSEINI, S A Hamed
Gills, Barry K.
Capital Redefined
title Capital Redefined
title_full Capital Redefined
title_fullStr Capital Redefined
title_full_unstemmed Capital Redefined
title_short Capital Redefined
title_sort capital redefined
topic Capital;Capitalism;Capitalist;Climate;Commonist Value Theory;Commons;Development;Ecology;Economic;Fetish Value;Globalisation;Globalization;Labor;Labour;Liberating;Life;Marx;Modular;Political Economy;Power;True Value;Value
topic_facet Capital;Capitalism;Capitalist;Climate;Commonist Value Theory;Commons;Development;Ecology;Economic;Fetish Value;Globalisation;Globalization;Labor;Labour;Liberating;Life;Marx;Modular;Political Economy;Power;True Value;Value
url OCN: 1395545427
work_keys_str_mv AT hosseinisahamed capitalredefined
AT gillsbarryk capitalredefined