Issue no.73
Spring '01

1

Behind the news
A clear public mission? Public-private partnerships and the recommodification of the NHS
Ruane, Sally
The establishment of Partnerships UK marks a defining moment if the development of public services. Promising a 'clear public mission' to 'help the public sector get the best deal' from public-private partnerships, PUK is a profit-making body teh majority of whose shares are privately owned. Resistance to this privatising of the public interest is weak.


7

Behind the news
The 'Fourth Way' of the Ultra-Right. Autria, Europe, and the end of Neo-Corporatism
Marchart, Oliver
Is the Austrian Experiment confronting us with the example fo a future 'fourth-way', an alliance between conservative parties and ultra-right populism? The article gives an account of the national constellation which eventually brought Haider's FPO into government and discusses the significance of this event with respect to European politics.


15

Value, Labour and Negativity
Arthur, Christopher J.
Chapter 1 of Capital presents its concepts abstractly. At a more concrete level value, abstract labour, and socially necessary labour time must be situated in the capital relation, leading to a new understanding of the labour theory of value as a dialectic of negativity.


41

What Kind of Theory Is Marx's Labour Theory of Value? A Critical Realist Inquiry
Fleetwood, Steve
This article employs critical realism to demonstrate, and subsequently correct, problems that have beset approaches to Marxist value theory that are rooted in positivism or deductivism.


79

Rising 'Material' vs. Falling 'Value' Rates of Profit: Trial by Simulation
Laibman, David
The 'temporal single system' (TSS) theorists posit an inexorably falling 'value' rate of profit, even while the 'material' rate rises. This claim fatally ignores depreciation of fixed capital. Simulation modelling reveals that the TSS 'value' rate eventually follows the material rate upward, and therefore fails to serve as a valid ground for Marxist crisis theory.


97

Simultaneous Valuation vs. Exploitation Theory of Profit
Kliman, Andrew J.
Intervening in the ongoing debate over whether value in Marx's theory was determined simultaneously or in real time, this article shows that simultaneous valuation is incompatible with the proposition that surplus-labour is the sole source of profit.


113

The People-Nature Relation and the Historical Significance of the Labour Theory of Value
Liodakis, George
This article argues that it is not Marx's labour theory of value but rather capitalism itself that assumes a free appropriation of natural resources. It is further demonstrated that capitalist reforms cannot ensure ecological sustainability, while communism could create the conditions for sustainability and the supersession of the labour theory of value.


141

Race, Multiculturalism, and Labour Organizing in the United States: Lessons for Europe
Luthje, Boy; Scherrer, Christoph
This article argues that it is not Marx's labour theory of value but rather capitalism itself that assumes a free appropriation of natural resources. It is further demonstrated that capitalist reforms cannot ensure ecological sustainability, while communism could create the conditions for sustainability and the supersession of the labour theory of value.


173

Britain at Work: Letting the Facts Speak for Themselves?
Stirling, John
The Workplace industrial relations and Employee Relations Surveys have been the major sources of empirical data in the field since the publication of the first report in 1980 through to the most recent volume published in 1999. The author reviews the current volume in this context and suggests that we need to cast a critical eye on the findings. Whilst the overall picture of trade union decline cannot be denied, a critical interpretation of Britain at Work might suggest that workplace organisation and militancy has not disappeared as dramatically as might be supposed.


181

Book reviews
Book Reviews 73
Marx's Concept of Money, Anitra Nelson (Chris Arthur): The Eclipse and Re-Emergency of the Communist Movement, Gilles Dauve and Francois Martin (Lewis Higgins)

Capital & Class (ISSN 0309 8168)

 

 
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