Save

The Fiction of Economic Coercion: Political Marxism and the Separation of Theory and History

In: Historical Materialism
Author:
Sébastien Rioux University of British Columbia Vancouver rioux.sebastien@gmail.com

Search for other papers by Sébastien Rioux in
Current site
Google Scholar
PubMed
Close
Download Citation Get Permissions

Access options

Get access to the full article by using one of the access options below.

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institution

Purchase

Buy instant access (PDF download and unlimited online access):

$40.00

Abstract

The theory of social-property relations, or political Marxism, has argued that in contradistinction with pre-capitalist forms of exploitation, capitalism is characterised by the separation of the economic and the political, which makes surplus appropriation under this system uniquely driven by economic coercion. In spite of political Marxism’s various strengths, this article argues that the paradigm puts forward an ahistorical and sanitised conception of capitalism typical of bourgeois economics, which is an outcome of its formal-abstractionist approach to the concept of the mode of production and the separation between theory and history that it operates. A more satisfactory solution to political Marxism’s inability to make sense of past and present forms of coercion and violence under capitalism can be found in Jairus Banaji’s emphasis on Marx’s historical – rather than formal – conception of the mode of production.

Content Metrics

All Time Past 365 days Past 30 Days
Abstract Views 3116 308 22
Full Text Views 923 60 6
PDF Views & Downloads 1142 149 16