A Methodological Critique Of Marx S Theory Of Surplus Value

political economy. With this in mind the reader will be taken through three meta-theoretical levels of Marx' method of analysis of the struc tures of capitalism: (1) the clarification of 'critique' and method from Kant's epistemology, Hegel's phenomenology, to Marx' political economy (Chapter One); (2) the analysis of 'critique' and time, that is, the temporal dimensions of the critical method as they evolve from Hegel's Logic to Marx' Capital and the difference between the use of the future in explanatory, positivist science and 'critique' (Chapter Two); (3) and finally, 'critique' and materialism, a study of the complexity of the category of materialism, the ambivalence and ambiguity of its use in Marx' critical method, and the ontological and logical dilemmas created by the Schelling-Feuerbach turn toward materialism in their critique of Hegel (Chapter Three). The critique of political economy is, therefore, examined at the levels of methodology, temporality, and ontology. To what do the categories of political economy really refer when the positivist interpretations of Marx have been shattered and 'critique' be comes the method of choice? What kind of knowledge do we have if it is no longer "scientific" in the traditional sense of both epistemology and methodology? And what kind of applicability will it have when its format is such as not to produce predictive, technical knowledge, but practical knowledge in the Greek sense of the word (Praxis)? What be comes of the criterion of truth when epistemology itself, like science, is

Combining Marx’s focus upon the totality (and its appearance as capitals in competition) with specific applications in political economy, Following Marx demonstrates how the failure to understand Marx’s method has led astray many who consider themselves Marxists.

In Marx’s Experiments and Microscopes Paolucci provides a novel framework for understanding how Marx’s dialectical roots animated his scientific practice and how this approach informs studies in political economy and the sociology of religion.

Marx’s written output was massive. Much of it remained unpublished in his own lifetime and there is still no complete edition of the extant works, although most have been published in one form or another. This book, first published in 1983, provides an analytical guide to the complex chronological and evolving substantive structure of Marx’s main writings in critical theory. The format is concise and accessible, with each phase of Marx’s evolving critical theory of capitalist society being summarized in a diagram. An invaluable guide for students of Marx, it will lead them through the maze of his works to a potentially deeper understanding of his thought. Allen Oakley believes that, in order to fully comprehend Marx’s critical theory, it is essential to trace its complex evolution. Any serious study of Marx’s critique of capitalism must begin with an appreciation of the bibliographical framework within which his evolving ideas were manifested. Oakley is opposed to approaches to the study of Marx’s critique which take little account of its chronology; such approaches, he believes, are incomplete and potentially misleading with respect to the meaning and significance of the critique. The book includes bibliographical evidence about the unfinished state of Marx’s critical project and its ever-changing scope and organization. It argues, therefore, that the methodological and substantive status of Capital must be interpreted cautiously, for bibliographical evidence shows it to be an unfinished climax to an ambiguous critic-theoretical project of uncertain dimensions. To read it as in any sense a final and definitive statement of Marx’s critical theory is, the author believes, to be deluded.

This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored.