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Distilling a Value Theory of Ideology from Volume Three of Capital

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This discussion is a reformulation of ideology-critique from the point of view of Marx’s theory of the value form. This rethinking of ideology – a formulation I call a value theory of ideology – is carried out through a reading of Marx’s analysis of the capitalist perceptual economy articulated most systematically in Volume IIIof Capital. In the course of this ‘rethinking’ I also revisit several concepts that have become associated with Marxian ideology-critique and which are often presented as grounds for the latter’s dismissal: inverted appearance, false consciousness, economism, and the base-superstructure metaphor.

Affiliations: 1: Concordia University Montreal


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