Download The Economics of Marx's Grundrisse: An Annotated Summary by Adalbert G. Lallier PDF

By Adalbert G. Lallier

This precis represents an try to examine Marx's propositions in regards to the monetary subject material. specific emphasis is given to his seminal rules bearing on scope and process; the phrases "Arbeitskraft" and "Mehrwert" and the problem of equivalent alternate or unequal alternate; the outline of the movement of commodities and the movement of cash; the method of the transformation of surplus worth into capital; the elucidation of worth concept and value conception; the linkage among creation, trade and the scale of the industry; the critique of James Mill, Ricardo, John Stuart Mill, Bastiat, Proudhon; the reasons of gold flows and their results on fee degrees and trade premiums; and at last, an elaboration of his perspectives in regards to the dialectics of the evolution of capitalism.

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Extra resources for The Economics of Marx's Grundrisse: An Annotated Summary

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Either way social reforms did not alter fundamental property relations and conceded nothing of real importance. As Father Thomas Hagerty, a leading figure in the early years of the IWW, sardonically told its founding convention: ‘The ballot box is simply a capitalist concession. 31 If workers were to derive any benefits whatever from parliamentary legislation, it would only be because of the pressure exerted on the capitalists outside through the direct action of the workers. 32 Syndicalists completely rejected the notion held by parliamentary socialists that a new social order could only be established after the capture of political power and achieved by political and not industrial action.

Hundreds responded by jumping on freight trains and travelling to wherever the battle was raging, whereupon they were promptly arrested and imprisoned. The IWW strategy was to pack the jails and make life so difficult for law-enforcement agencies that they would be forced to back down. While such a strategy of passive resistance was regularly met by brutal violence, the crowded prisons, clogged legal machinery, and high costs of supporting extra police and prisoners invariably led town officials to rescind their bans and release the Wobblies.

Thus, political issues were viewed as subordinate to industrial organisation and trade union struggle, and it was the unions, and not party organisations, that were viewed as the salvation of the working class. Trade Unions as Instruments of Revolution Syndicalists regarded trade unions as the crucial vehicles of struggle both for immediate and long-term goals. 43 That meant seeking every opportunity to defend and improve workers’ wages, hours and conditions of work in their everyday struggle against specific employers.

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