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The Specter of Value: The Beginning of Marx’s Capital and Hegel’s Logic of Being

The Specter of Value: The Beginning of Marx’s Capital and Hegel’s Logic of Being

Andrea Ricci, “The Specter of Value: The Beginning of Marx’s Capital and Hegel’s Logic of Being,” Revista Portuguesa de Filosofia 80, no. 1–2 (2024): 95–128, https://doi.org/10.17990/RPF/2024_80_1_0095.

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The Specter of Value: The Beginning of Marx’s Capital and Hegel’s Logic of Being

Item Type Journal Article
Author Andrea Ricci
Abstract The beginning of Marx’s Capital has references to Hegel’s Logic of Being. From the individual commodity considered in isolation, Marx derives the value form as the germ cell of capitalist society. Marx’s materialist inversion of the Hegelian dialectic posits the value form as a spectral objectivity that constitutes the real abstraction specific to capitalism. As the most abstract expression of capital, it rules unconsciously the totality of social praxis as an absolute fetish. Value arises from a double mystification: the reification of capitalist social relations of production in an objective abstract form, and its representation in concrete objects, as commodities and money in circulation. Value, as the real abstraction of capitalist social relations of production, is the disjunctive synthesis between the despotic command of capital in production and the reciprocity of exchange in circulation. In the final chapter on primitive accumulation, Marx identifies its historical genesis in the dispossession of the commons, which, by separating the subjective from the objective conditions of production, gives rise to the capital-wage labour relation.
Date 2024
Language English
Rights © 2024 Aletheia - Associação Científica e Cultural
Volume 80
Pages 95-128
Publication Revista Portuguesa de Filosofia
DOI 10.17990/RPF/2024_80_1_0095
Issue 1-2
ISSN 0870-5283 ; 2183-461X
Date Added 7/31/2024, 10:59:46 PM
Modified 7/31/2024, 11:05:54 PM

Tags:

  • Capital, commodity fetishism, disjunctive synthesis, Hegel, Marx, real abstraction, value.

Notes:

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