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Value As Sociopolitical Concept

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Chapter Summary

The articulation labour-value/money/capital is the place where the key question of the capitalist mode of production is defined, that of socialisation. Intensity would seem the element most readily recoverable for the conception of value as quantity. This chapter needs to elucidate the political-economic significance of the ‘physiological’ reference. The metaphor of ‘consumption of labour-power’, frequently present in the texts but neglected by the tradition, does have a theoretical meaning, connecting the political theme of ‘domination’ with the economic determination of labour as expenditure and as quantity. In the function of capitalist direction Marx distinguishes two aspects, one concerning the connection necessary for any process of collective work, the other concerning exploitation. The capitalist mode of production contains an imminent principle of socialisation of labour.

Keywords: articulation labour-value; capitalist mode; economic determination; Marx; socialisation

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