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The Wealth of Capitalist Societies
Adam Smith investigated the wealth of nations, offering an analysis that can be localised in history, but that did not thematise the historical specificity of its own categories. Marx begins Capital...
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Beyond the Exchange Abstraction
I’ve been meaning for some time to write a bit more about one of the issues that came up in the exchange with Chris Wright in the comments below: the issue of what sort of abstraction is involved when...
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The Social Construction of Value
When the financial crisis first blew up, I went around collecting examples of people – politicians, economists, business analysts, journalists, talking heads of various sorts – talking about “true...
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Banality and the Fetish: Reflections on Arendt’s Eichmann in Jerusalem
Amidst a great deal of poor coverage of the mass murders in Norway, I found myself particularly annoyed by Henning Mankell’s attempt to shoehorn the event into Hannah Arendt’s concept of the “banality...
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