Labour Rewarded The Claims Of Labour And Capital Conciliated Or How To Secure To Labour The Whole Product Of Its Exertion

Faced with a new crisis of capitalism, many scholars are now looking back to the author whose ideas were too hastily dismissed after the fall of the Berlin Wall. During the last decade, Marx’s Capital has received renewed academic and popular attention. It has been reprinted in new editions throughout the world and the contemporary relevance of its pages is being discussed again. Today, Marx’s analyses are arguably resonating even more strongly than they did in his own time and Capital continues to provide an effective framework to understand the nature of capitalism and its transformations. This volume includes the proceedings of the biggest international conference held in the world to celebrate the 150th anniversary of Capital’s publication. The book is divided into three parts: I) "Capitalism, Past and Present"; II) "Extending the Critique of Capital"; III) "The Politics of Capital". It contains the contributions of globally renowned scholars from 13 countries and multiple academic disciplines who offer diverse perspectives, and critical insights into the principal contradictions of contemporary capitalism while pointing to alternative economic and social models. Together, they reconsider the most influential historical debates on Capital and provide new interpretations of Marx’s magnum opus in light of themes rarely associated with Capital, such as gender, ecology, and non-European societies. The book is an indispensable source for academic communities who are increasingly interested in rediscovering Marx beyond 20th century Marxism. Moreover, it will be of great appeal to students, as well as established scholars interested in critique of capitalism and socialist theory.

In 1830, the dominant social outlook of the early Victorians was a paternalism that looked to property, the Church, and local Justices of the Peace to govern society and deal with its ills. By 1860, however, the dominant social outlook had become a vision of a laissez faire society that relied on economic laws, self-reliance, and the vigorous philanthropy of voluntary societies. This book describes and analyzes these changes, which arose from the rapid growth of industry, towns, population, and the middle and working classes. Paternalism did not entirely fade away, however, just as a laissez faire vision had long antedated 1830. Both were part of a social conscience also defined by a revived philanthropy, a new humanitarianism, and a grudging acceptance of an expanded government, all of which reflected a strong revival of religion as well as the growth of rationalism. The new dominance of a laissez faire vision was dramatically evident in the triumph of political economy. By 1860, only a few doubted the eternal verities of the economists’ voluminous writings. Few also doubted the verities of those who preached self-reliance, who supported the New Poor Law’s severity to persons who were not self-reliant, and who inspired education measures to promote that indispensable virtue. If economic laws and self-reliance failed to prevent distress, the philanthropists and voluntary societies would step in. Such a vision proved far more buoyant and effective than a paternalism whose narrow and rural Anglican base made it unable to cope with the downside of an industrial-urban Britain. But the vision of a laissez faire society was not without its flaws. Its harmonious economic laws and its hope in self-reliance did not prevent gross exploitation and acute distress, and however beneficent were its philanthropists, they fell far short of mitigating these evils. This vision also found a rival in an expanded government. Two powerful ideas—the idea of a paternal government and the idea of a utilitarian state—helped create the expansion of government services. A reluctant belief in governmental power thus joined the many other ideas that defined the Victorian’s social conscience.