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Situating the capitalist state

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Chapter Summary

Marxs Capital is one-sided with respect to its examination of capitalism presenting the side of capital but not the completed bourgeois system. Central to the extensive state-debates of the 1970s was the contribution of the state-derivationist or capital-logic school, which attempted to avoid the eclecticism characteristic of so many Marxian treatments by logically deriving the category of the state directly from the concept of capital. The real victory of the political economy of the working class in the case of the Ten Hours Bill was the demonstration that wage-labour required political struggle and the use of the state. Nothing is more central to Marxs entire conception than the coincidence of the changing of circumstances and self-change i.e., the concept of revolutionary practice set out in his Third Thesis on Feuerbach. Marx concluded that one cannot be indifferent to the form of the state as an agency of workers.

Keywords: capital-logic school; capital/wage-labour relation; capitalist state; Marx; revolutionary practice; state-derivationist; Ten Hours Bill

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