Archive for February, 2009

The fetish and fictitious capital – tonight

Friday, February 27th, 2009

Paul Mattick Jr., writing in a recent edition of Brooklyn Rail pointed out that: ‘The General Motors factory in Lordstown, Ohio, then the most automated automobile factory in the world, cost $100 million to build in 1966; in 2002, GM spent $500 million to modernize the plant, which permitted reducing the workforce from 7000 to [...]

on the ‘so-called excesses’ of finance capital

Sunday, February 22nd, 2009

This is a review published in the American journal Science and Society for a new book called Value and the World Economy Today: Production, Finance, and Globalization, edited by Richard Westra and Alan Zuege. ‘The authors collected in this volume are leading Marxian theorists from North America, Europe, Asia and Australia. The quality of [...]

on the reporting of wage slavery in 2009

Sunday, February 22nd, 2009

A remarkable article appeared in The Guardian on 16 February – ‘A Gap in the Picket Line.’ It was written by John Lloyd who is Director of Journalism at the Reuters’ Institute, contributing editor to the Financial Times, and a former member of the British and Irish Communist party. He was a labour reporter at [...]

Sohn-Rethel uncovered

Saturday, February 21st, 2009

This is part one of David Black’s presentation on the ideas of anti-fascist and Marx scholar Alfred Sohn-Rethel, which was presented at The Lucas Arms in January 2009: The Capitalism of Philosophy? Sohn-Rethel on Intellectual and Manual Labour – a Critique by David Black PART ONE   Sohn-Rethel  – Background Alfred Sohn-Rethel (1899-1990) describes his book, [...]

more fragments on ‘fictitious capital’

Friday, February 20th, 2009

An extract from the French edition of Robert Kurz’s ‘Lire Marx.‘ (Paris, Editions de la Balustrade, 2002): Introduction to Chapter Seven: ‘The Mother of all extravaganzas and the range of the young wolves of the Stock-Exchange. Capital, bearer of interests, the bubble of speculation and the crisis of money.’ ‘(…) From the point of view [...]

Dedicated followers of fashion

Friday, February 20th, 2009

A review of ‘Savile Row in China’ on BBC4, January 2009: Tailor Henry Ward of Poulton and Co. of Savile Row went to China to set up their brand in the Far East. When cutter Ward sees what the Chinese have done with their Poulton shop in Hang Xhou,  – that is, put Poulton and [...]

The War on Terror: ‘All the left can do is watch the bullets fly’

Friday, February 20th, 2009

The following article by Spencer A. Leonard was first published at Platypus Review and the Indian online journal Mainstream. ‘Deep Historical Precedents However sincere its backers or belligerent its enemies, the ‘War on Terror’ is not and cannot become anti-Islamist. This is not because, as some think, there is no Islamist or Taliban-style [...]

petit-bourgeois-imperialist-lickle-spittle-fashion-loving-pigdogs: beware!

Wednesday, February 18th, 2009

Here at Principia Dialectica, we despise the capitalist pigdog imperialist lackey’s who fill empty hours wandering the infantile shopping malls and boutiques up and down the land, spending the money they have stolen from the proletariat on vacuous, rubbish quality items of clothing and other consumer durables. At best they are misled and foolish. At [...]

‘hero is laid to rest’

Tuesday, February 17th, 2009

‘Frank Ryan brought you whiskey in a brothel in Madrid And you decked some fucking blackshirt who was cursing all the Yids…’ From The Sick Bed of Cuchulainn by The Pogues Another witness and fighter of fascist barbarism has passed away: Bob Doyle, the last of the Irish to fight against Franco in the Spanish [...]

fragments on Obama, fetishism and value – from a recent discussion

Tuesday, February 17th, 2009

“Capital Volume Three can be partly read as a technical discussion of the form of appearance of capitalism to business people. The fact that it is a discussion of a form of appearance is very important and it is quite clear from Marx’s writing, but it is more often than not missed by ‘marxists’ who [...]