Capital par excellence: on money as an obscure thing
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Redalyc
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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad de Antioquia
2020
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| _version_ | 1876445830090588160 |
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| author | Werner Bonefeld |
| author_facet | Werner Bonefeld |
| contents | Capital par excellence: on money as an obscure thing Werner Bonefeld Filosofía debt money crisis Capital surplus value Against the background of the contemporary debate about financialisation, the paper conceptualises the capitalist labour economy as fundamentally a monetary system. It argues that money is not a capitalist means of organising its labour economy but that it is rather a capitalist end. The argument examines and finds wanting conceptions of money in political economy, including Keynesianism and neoliberalism, and argues that the debate about financialisation is fundamentally based on the propositions of political economy. It holds that Marx’s critique of political economy conceives of money as the form of value and expounds money-making as the purpose of the capital labour economy. Thus, the labour theory of value is fundamentally a monetary theory of value, labour is the means of valorisation, and that is, of money in process, and as such capital. Making money out of money is capital as its most rational. In the form of credit, money posits wealth as a claim on future surplus value. 2020 artículo científico 0121-3628 https://www.redalyc.org/articulo.oa?id=379864763003 https://www.redalyc.org/journal/3798/379864763003/ https://www.redalyc.org/journal/3798/379864763003/html/ https://www.redalyc.org/journal/3798/379864763003/379864763003.epub https://www.redalyc.org/journal/3798/379864763003/movil 10.17533/udea.ef.n62a03 en http://www.redalyc.org/revista.oa?id=3798 Estudios de Filosofía application/pdf Universidad de Antioquia Estudios de Filosofía (Colombia) Num.62 |
| format | Artículo científico |
| id | redalyc_379864763003 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Universidad de Antioquia |
| spellingShingle | Capital par excellence: on money as an obscure thing Werner Bonefeld Filosofía debt money crisis Capital surplus value Capital par excellence: on money as an obscure thing Werner Bonefeld Filosofía debt money crisis Capital surplus value Against the background of the contemporary debate about financialisation, the paper conceptualises the capitalist labour economy as fundamentally a monetary system. It argues that money is not a capitalist means of organising its labour economy but that it is rather a capitalist end. The argument examines and finds wanting conceptions of money in political economy, including Keynesianism and neoliberalism, and argues that the debate about financialisation is fundamentally based on the propositions of political economy. It holds that Marx’s critique of political economy conceives of money as the form of value and expounds money-making as the purpose of the capital labour economy. Thus, the labour theory of value is fundamentally a monetary theory of value, labour is the means of valorisation, and that is, of money in process, and as such capital. Making money out of money is capital as its most rational. In the form of credit, money posits wealth as a claim on future surplus value. 2020 artículo científico 0121-3628 https://www.redalyc.org/articulo.oa?id=379864763003 https://www.redalyc.org/journal/3798/379864763003/ https://www.redalyc.org/journal/3798/379864763003/html/ https://www.redalyc.org/journal/3798/379864763003/379864763003.epub https://www.redalyc.org/journal/3798/379864763003/movil 10.17533/udea.ef.n62a03 en http://www.redalyc.org/revista.oa?id=3798 Estudios de Filosofía application/pdf Universidad de Antioquia Estudios de Filosofía (Colombia) Num.62 |
| title | Capital par excellence: on money as an obscure thing |
| topic | Filosofía debt money crisis Capital surplus value |
| url | https://www.redalyc.org/articulo.oa?id=379864763003 https://www.redalyc.org/journal/3798/379864763003/ https://www.redalyc.org/journal/3798/379864763003/html/ https://www.redalyc.org/journal/3798/379864763003/379864763003.epub https://www.redalyc.org/journal/3798/379864763003/movil |