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PDF ¶ The Limits to Capital New Edition ¿ David Harvey

The Limits to Capital New EditionThe Limits to Capital provides one of the best theoretical guides to the history and geography of capitalist development In this new edition Harvey updates his classic text with a substantial discussio I sometimes disagree with the common opinion on books Usually I'm right there with everyone else waving a flag Make no mistake I'm a follower But this? This baffles me So many lefties think that this is the greatest book of all time that I was positive I'd get something out of it I was pretty sure I understood Marx before I started this And I'm pretty sure I understand Marx now And I'm pretty sure that Harvey added absolutely nothing to my understanding of Marx And just to be clear I was super excited to read this when I started Maybe my expectations were too high And although I've written a very critical review be advised that Harvey's book is undoubtedly superior to almost everything that was written on Marx in English in the twentieth century It marks the end of one phase in the interpretation of Marx and as such should still be in print and is worth reading The absurdities begin in the new introduction The old introduction is uite sane There he says that although he could puff out this introduction with learned sounding comments on matters such as epistemology and ontology on the theory and practice of historical material on the 'true' nature of dialectics he will instead let the methods of both enuiry and presentation speak for themselves In the new introduction he says things like this I increasingly see Marx as a magisterial exponent of a process based philosophy rather than a mere practitioner of Hegel's 'Logic' Materialism of any sort demands that the triumvirate of space time process be considered as a unity at the ontological level There is it turns out an underlying spatio temporal frame to Marx's theorizing and it rests on a dialectical fusion of three fundamental ways of understanding spatio temporality before claiming incredibly that for Kant space is a fixed and unchanging grid So the new introduction is or less meaningless drivel You can't understand Marx without understanding Hegel; you can't understand Hegel with understanding Kant and Harvey shows pretty clearly here that he doesn't; and you certainly can't understand Marx by appealing to some absurd early twentieth century metaphysics of process I assume he gets this BS from Whitehead As for the actual stuff of Marx Harvey thinks the chapter on money which is clearly a faux 'logical' analysis designed to show that money isn't worth any attention at all is historical If that's true Marx is a moron This is important than it seems since 'Capital' the book is based on this chapter Everything follows from its attempt to show that money is a social relation which is better analyzed by what Marx calls 'value' Not exchange value which is something else and not use value; value is rather the measure between exchange values This 'third thing' is based in post Kantian philosophy Marx's basic undertaking at this point is to say how is it that we even conceive of two things as being exchangeable? It isn't money it's Value Because he fails to understand this he also fails to understand Marx's most important category abstract labour Harvey sees it as a real concrete thing the less skilled you are as a worker the closer you come to a mere abstract labourer But the point of abstract labour is that it is how we apply the concept of Value to objects Deskilling of workers no matter how terrible it is does not turn them into abstract labourers; we're all abstract labourers There are too many other flaws in this book to mention particular cases Harvey was involved in a raft of debates from the sixties and seventies which have no bearing on Marx or our understanding of Marx except inasmuch as they were pointless debates To his credit he acknowledges and shows convincingly that they were pointless But it makes for horrible reading Essentially Harvey treats abstract and conceptual arguments as if they were 'materialist'; he hews to a bizarre conspiracy theory of capitalism; he everywhere calls an opposition a contradiction The best I can say is that he translates concepts and events that are best described in neo liberal economic terms into an out of date Marxist jargon granted it wasn't out of date when this was first published If you don't know by now that capitalism goes through periodic crises yeesh What's strange is that the other books of his I've read have been beautifully written well argued and fascinating This reads like nineteenth century German philosophy If you're willing to bang your head against the wall of painful prose in order to understand Marx drop this and pick up Moishe Postone's 'Time Labor and Social Domination' If it's possible it might be even less sexy than Harvey's book But at least it's involved in real debates And if you want sexy try some Lukacs or Althusser instead Between the three of them you'll get three interesting readings of Marx which avoid many of the pointless debates to which Harvey is to his credit bringing an end

David Harvey ¿ The Limits to Capital New Edition EPUB

N of the turmoil in world markets todayIn his analyses of ‘fictitious capital’ and ‘uneven geographical development’ Harvey takes the reader step by step through layers of crisis formation begin Harvey’s book first published in 1982 represents a big segment of the project he has been working throughout his long career as a teacher – to make the later writings of Marx intelligible to a new audienceIt is a considerable challenge The work he is particularly interested in has only one volume which was completed by Marx and published in his lifetime – what has come to be known as volume one of Capital With its emphasis on the production of commodities under the conditions of capitalism it represented a good ‘first cut’ formulation of a grand theory of the system But as Harvey explains capitalism has first and foremost to be understood as a process rather than a rigid structure; one in which all its components could be represented as a portion of a universal value and which reuired if the system was to maintain its propensity to accumulate and grow these values to become detached from the things with which they were once conterminous and to circulate in other guises and formsThe problem for those who wish to follow through the logic of these thoughts in the way intended by Marx himself is that his investigation of the greater part of the systems of circulation through distribution credit rent and state power where never completed and instead take the form of voluminous sets of notebooks – principally the Grundrisse and the three volumes of Theories of Surplus Value Together with the second and third volumes of Capital edited from Marx’s notes by Engels and published after his death these form a challenging though patently incomplete survey of the terrain which the master intended to coverCompiling his own work in the 1970s Harvey has had the advantage of one hundred years of Marxist scholarship to aid him in his review of the direction which Marx was himself taking in his studies The debate on whether the labour theory of value was correct the difficulties around the ‘transformation problem’ by which value becomes expressed as price the nature of landed property and the value it yields in the form of rent the allocation of capital between the various departments of production and have been fiercely contested across this time The outcome of these disputes has been the establishment of Marxism as a tendency of economic and philosophical thinking rather than an exact science or dogma Harvey is less interested in what Marx would have made it all than the uestion of whether his approach aids in providing an adeuate description of capitalism across its history through to contemporary times His view is that it does and that even the controversial labour theory of value provides a good guide to understanding the development of the crisis phases of the systemThe points which emerge with particular clarity in this account are from my point of view twofold The first concerns the way in which as a condition for accumulation capital is reuired to constantly manage devaluation as well as the realisation of profit Being reuired to realise the latter within a definite span of time maintaining the circulation of value through its different forms as variable fixed and exchange means amongst other things reuires a constant selling off of its units below the amount of socially necessary labour time which it embodies During a phase dominated by growth this reuirement to devalue is manageable and contributes to the realisation of value as money capital in sufficient proportions to compensate for its losses in fixed and variable forms But when the system moves into its periodic generalised crises the moment of the destruction of capital becomes uppermost and the conditions of recession take full oldThe second point concerns the spaces of capitalism and the ways in which countries regions and cities are organised to express moments within the global circulation of capital The under developed theories of imperialism are supposed to explain the ways in which over accumulation is relieved by capital seeking new opportunities to invest abroad creating surplus value by raising the levels of involvement of previously marginal labour supplies in market driven economic activities This is a approach which would be improved by a better understanding of the ways in which space is organised within the developed metropolitan regions to draw in labour allow it to enter workplaces at rates of remuneration adeuate to the conditions of life how the pooling of the costs of welfare health transport and education are met and the role which civil society plays in bringing about these outcomes In all of these areas Harvey suggests new lines of inuiry and research which would strengthen the Marxism and take it to second and third cut theories of accumulation and crisisBut what should be most appreciated about this work is Harvey’s insistence on the ultimate objective of Marxism which is to probe the system of capitalism to its limits to determine the points at which its transformation into a new type of economy and society might be possible This book is a step along the journey towards understanding how fundamental change in society might just be possible which after all was the whole point of Marx’s endeavour

EBOOK The Limits to Capital New Edition

MOBI ´ DOC The Limits to Capital New Edition 9781844670956 FREE ½ [KINDLE] ❁ The Limits to Capital New Edition ❄ David Harvey – Helpyouantib.co.uk The Limits to Capital provides one of the best theoretical guides to the history and geography of capitalist development In this new edition Harvey uNing with Marx’s controversial argument concerning the falling rate of profit moving through crises of credit and finance and closing with a timely analysis geopolitical and geographical consideration This book is breathtaking David Harvey begins by tackling the limits of Marx's Capital and the debates by various Marxist theorists on its various aspects This then becomes a springboard for Harvey to fashion a Marxist theory of finance capital and spatial arrangements The book is heavy reading especially for those new with Marxist political economy But reading this is an enlightening experience and does much to provide a sound basis for explaining current developments in the world capitalist system The book ends with uestions than answers Yet it gives one a picture of the limits of capital itself and the need to go beyond its contradictions