Theory as Critique, while discussing many central issues of Marxian theory, has two main emphases: First, as the title suggests, it takes seriously Capital’s claim to be a critique of economic theory, rather than a contribution to political economy. Understanding what this means, it shows, goes far to unravelling many difficulties traditionally found in Marx’s book, from the nature of his theory of class to the 'transformation problem'. Secondly, Mattick’s volume carefully explores how to bridge the gap between the extreme abstraction of Marx’s ideas and the complex reality that they are intended to help us understand.
Paul Mattick is politics editor of the Brooklyn Rail; from 1987 to 2004 he was editor of the International Journal of Political Economy. Mattick is author of Social Knowledge (Hutchinson, 1986), Art in Its Time (Routledge, 2003), and Business as Usual (Reaktion, 2011), along with many articles and reviews.
"... I find Paul Mattick's new book to be quite successful and a breath of fresh air, which is much needed against the litany of recent books which either interpreting Marx's overall work with reference to some theoretical notion like 'Marxism' or focus on Marx's mature economic works. [...] ... anyone interested even loosely in the topics here will not be wasting their time with this book." - Chris Bryon, in: Marx & Philosophy Review of Books (2018)
3 Questions of Method Marx’s Abandonment of Philosophy Logic and Abstraction Marx’s Dialectic
4 Theory as Critique Political Economy as Text and Discourse Representation and Reality The Starting Point The Argument in Capital
5 Labour as Activity and as Representation Value as Representation Abstract Labour and Value Abstraction in Practice The Reduction of Skilled Labour The Causal Reality of Value
6 Value and Price: Marx’s Resolution of a Ricardian Conundrum Labour and Value Value and Price
7 Ricardo Redux After Sraffa Between the Devil and the Deep Blue Sea
8 Economic Form and Social Reproduction Capital Circulation and Reproduction
9 Class and Capital Economic Appearances and Social Reality Economic Class and Social Structure Class Struggle and Revolution
10 Trend and Cycle Theoretical Issues Breakdown
11 Value Theory and Economic Events Categories and Data Prosperity as Depression
Bibliography Index
Anyone interested in Marx’s Capital as a theory of contemporary society, particularly graduate students in politics, sociology, and economics, but also general readers interested in socialist politics.