Value without Fetish

Value without Fetish presents the first in-depth English-language study of the influential Japanese economist Uno Kōzō‘s (1897-1977) theory of ‘pure capitalism’ in the light of the method and object of Marx’s Critique of Political Economy. A close analysis of the theories of value, production and reproduction, and crisis in Uno’s central texts from the 1930s to the 1970s reveals his departure from Marx’s central insights about the fetish character of the capitalist mode of production – a departure that Lange shows can be traced back to the failed epistemology of value developed in Uno’s earliest writings. By disavowing the complex relation between value and fetish that structures Marx’s critique, Uno adopts the paradigms of neoclassical theories to present an apology rather than a critique of capitalism. Readership: All interested in Marxism and its non-European reception, students and instructors in the humanities and economics, Japanese intellectual history, all interested in a deeper understanding Marx‘s theory of value

Transformacijski problem kot problem fetišizma

In recent decades, critical discussions and even rejections of the labour theory of value, Marx’s central theorem, have been riding a boom, even within Marxian theory itself. What is overlooked in these approaches is Marx’s fetishism-critical method, for which the labour theory of value presents the key heuristic. But even approaches that attempt to retain Marx’s labour theory of value in face of its arguably biggest challenge – the transformation of values to prices of production – often ignore the critique of fetishism related to the concepts of cost price and profit. Instead, they declare the transformation problem redundant by demonstrating the quantitative congruence of values and prices. We however argue that this quantitative “proof” disregards the qualitative problem associated with the “rupture” between value and price, and therefore the epistemological insights to be gained from it – an insight that even Marx did not seem to be fully aware of.V zadnjih desetletjih so se znotraj marksistične teorije razcvetele kritične razprave in celo zavrnitve delovne teorije vrednosti, Marxovega osrednjega teorema. Ti pristopi spregledajo Marxovo metodo kritike fetišizma, za katero delovna teorija vrednosti predstavlja ključno hevristično orodje. Celo pristopi, ki poskušajo ohraniti Marxovo delovno teorijo vrednosti navkljub njenemu verjetno največjemu izzivu – transformaciji vrednosti v produkcijske cene – pogosto ne upoštevajo kritike fetišizma, povezane s pojmi stroškovne cene in profita. Namesto tega prikazujejo kvantitativno skladnost vrednosti in cen, s čimer trdijo, da je problem njune transformacije povsem odveč. Trdimo, da kvantitativni »dokaz« ne upošteva kvalitativnega problema, povezanega s »prelomom« med vrednostjo in ceno, in s tem epistemološkega uvida, ki ga ta omogoča – uvida, za katerega se zdi, da se ga niti sam Marx ni popolnoma zavedal

A Crítica da Economia Política e a Nova Dialética: Marx, Hegel e o Problema da Tese da Homologia de Christopher J. Arthur

Nos últimos anos, a Nova Dialética de Christopher J. Arthur tem tido um forte impacto sobre os estudos de Marx no mundo anglófono, destacando a correlação da dialética sistemática de Hegel (não histórica) com a obra central de Marx, O Capital, e, especialmente, na teoria de Marx da forma de valor. Ele afirma que as categorias da Lógica de Hegel e aquelas do início de O Capital de Marx mostram uma homologia impressionante [...] à luz de algum trabalho de reconstrução menor. (Arthur, 2004, p. 4). Este ensaio critica a leitura de Arthur de Marx e, especialmente, de Hegel contra o background das importantes contribuições para os estudos de Hegel das últimas décadas. Estes estudos foram pioneiros na teoria da dialética e na teoria das categorias, na sistematização da estrutura antinômica do conceito e o problema do pressuposto semântico-pragmático (semantisch-pragmatischer Präsuppositionsbegriff) da exposição científica. Não obstante o seu caráter fundamental para um tratamento erudito e para a compreensão da dialética de Hegel, essas abordagens estão ausentes na intervenção de Arthur. Isto, como será mostrado, tem graves consequências para 1) a leitura de Arthur da Lógica de Hegel, 2) a aplicação de Arthur da dialética de Hegel para a apresentação da forma de valor de Marx e 3) a suprassunção de Marx em Hegel desenvolvida por Arthur. Será argumentado que o não-reconhecimento de Arthur do método dialético de Hegel também afeta negativamente o entendimento de Arthur do escopo e intenção do projeto crítico de Marx, especialmente a necessária relação interna entre trabalho abstrato, valor e dinheiro no início de O Capital vol. 1

Value without Fetish

Value without Fetish presents the first in-depth English-language study of the influential Japanese economist Uno Kōzō‘s (1897-1977) theory of ‘pure capitalism’ in the light of the method and object of Marx’s Critique of Political Economy. A close analysis of the theories of value, production and reproduction, and crisis in Uno’s central texts from the 1930s to the 1970s reveals his departure from Marx’s central insights about the fetish character of the capitalist mode of production – a departure that Lange shows can be traced back to the failed epistemology of value developed in Uno’s earliest writings. By disavowing the complex relation between value and fetish that structures Marx’s critique, Uno adopts the paradigms of neoclassical theories to present an apology rather than a critique of capitalism. Readership: All interested in Marxism and its non-European reception, students and instructors in the humanities and economics, Japanese intellectual history, all interested in a deeper understanding Marx‘s theory of value

Measurement of the W±ZW^{\pm}Z boson pair-production cross section in pppp collisions at s=13\sqrt{s}=13 TeV with the ATLAS Detector

The production of $W^{\pm}Z$ events in proton--proton collisions at a centre-of-mass energy of 13 TeV is measured with the ATLAS detector at the LHC. The collected data correspond to an integrated luminosity of 3.2 fb$^{-1}$. The $W^{\pm}Z$ candidates are reconstructed using leptonic decays of the gauge bosons into electrons or muons. The measured inclusive cross section in the detector fiducial region for leptonic decay modes is $\sigma_{W^\pm Z \rightarrow \ell^{'} \nu \ell \ell}^{\textrm{fid.}} = 63.2 \pm 3.2$ (stat.) $\pm 2.6$ (sys.) $\pm 1.5$ (lumi.) fb. In comparison, the next-to-leading-order Standard Model prediction is $53.4^{+3.6}_{-2.8}$ fb. The extrapolation of the measurement from the fiducial to the total phase space yields $\sigma_{W^{\pm}Z}^{\textrm{tot.}} = 50.6 \pm 2.6$ (stat.) $\pm 2.0$ (sys.) $\pm 0.9$ (th.) $\pm 1.2$ (lumi.) pb, in agreement with a recent next-to-next-to-leading-order calculation of $48.2^{+1.1}_{-1.0}$ pb. The cross section as a function of jet multiplicity is also measured, together with the charge-dependent $W^+Z$ and $W^-Z$ cross sections and their ratio