Marx and “Wertkritik” [Media Recording]

A panel held on April 6, 2013, at the 2013 Platypus International Convention at the School of the Art Institute of Chicago.

Transcribed in Platypus Review #56 (Click below to see):

Perhaps one of the most influential developments in Marxist thought coming from Germany in the last decades has been the emergence of value critique. Building on Marx’s later economical works, value critics stress the importance of abolishing value (the abstract side of the commodity), pointing out problems in traditional Marxism’s emphasis on the “dictatorship of the proletariat”. The German value critical journal Krisis has famously attacked what they believed was a social democratic fetishization of labor in their 1999 Manifesto Against Labor. Such notions have drawn criticism from more “orthodox” Marxists who miss the role of the political in value critique and the possibility of immanent transformation through engaging the realities of capitalist societies. Did the later Marx abandon his political convictions that he expressed in the “Manifesto”? What about his later political writings, such as his “Critique of the Gotha Program” in which he outlines the different phases of early communism? Is Marxism a scientific project as claims from value critics indicate? Was Marx trying to develop of a “science of value” in his later works? What can value critique teach us after the defeat of the Left in 20th century? Did traditional Marxism necessarily have to lead to the defeat of the Left?

PLEASE NOTE: Due to technical errors, the last fifteen minutes of the video are cut off. The audio version is complete, however.

Speakers:

Elmar Flatschart (EXIT)
Jamie Merchant (Permanent Crisis)
Alan Milchman (Internationalist Perspective)