[lbo-talk] Last Call for Papers: "Crisis of Capital, Crisis of Theory"]

[c b]

We take the global financial crisis as an opportunity to question
every concept and every category. To this end, we consider the work of
Jonathan Nitzan and Shimshon Bichler, particularly Capital as Power
(2009), to be exemplary but not definitive. Now is the time for those
who share dissatisfaction with both mainstream and critical
conceptions of political economy to come together. Now is the time to
re-think and re-search our understanding of capital accumulation and
globalization.

^^^^^^^^

CB: Fine to have a big brainstorm on crisis. However, Marx's basic
concepts and categories predict periodic crises on capitalism. Why
would an economic crisis be a reason to question every concept and
category ? Should be an occasion to affirm Marx's basic ideas on
capitalism.

^^^^^^^

"The contradictions inherent in the movement of capitalist society
impress themselves upon the practical bourgeois most strikingly in the
changes of the periodic cycle, through which modern industry runs, and
whose crowning point is the universal crisis. That crisis is once
again approaching, although as yet but in its preliminary stage; and
by the universality of its theatre and the intensity of its action it
will drum dialectics even into the heads of the mushroom-upstarts of
the new, holy Prusso-German empire. "

Karl Marx
London
January 24, 1873