Alberto Toscano: Solidarity and Political Work

A version of this article was originally published at https://kritisch-lesen.de/interview/solidaritat-ist-das-ergebnis-politischer-arbeit

The topic of our issue is Marx’s 200th birthday. On a most general level and after 150 years since the first volume of Capital was first published: Why should one still read Marx today?

Marx’s writing remains the most formidable effort to weld the drive to understand our world to the practical imperative of its negation. In other words, it is the project, both vital and paradoxical, of creating a partisan and revolutionary science. (In the ‘Confession’ that he penned as a family parlour game in 1865, Marx listed his heroes as Spartacus and Kepler…) Across a variety of genres (journalism, political speeches, philosophical tracts, political-economic treatises, correspondence, polemic, historical narrative, etc.), the corpus of Marx’s writings (very much including those of his partnership with Engels) excels in problematizing that which we experience as our sensory and intellectual ecosystem, namely what he once termed capitalism’s “religion of everyday life”. The image of our social life as a problem, whose lines of solution are to be conjured and cajoled out of its conflicts and blind-spots, its lacunae and contradictions, but also by reading against the grain the stories our society tells about itself, remains indispensable. We need to reactivate the networks of concepts Marx forged to elucidate the capitalism of his age, but we also need – in these stupefying and grotesque times – his capacity for satire, polemic, for the painstaking labour of division that makes a true politics of association possible.

Since the publication of Capital there have been countless ways to read Marx, some of which operated in frustratingly narrow confines and tended to reduce Marx’s work to an objective science of “pure economics”. Do you see chances for more open and heterodox readings of Marx in the reception of his work over the last years and decades? And if so, which are the ideas and general positions that distinguish them?

To streamline and homogenise Marx’s work so that it can be compared (however favourably) to other economic doctrines or integrated into economics is no doubt to strip of its scandalous singularity (that of a reflexively partisan science) as well as to petrify and thus defuse it. A Marxian theoretical practice should instead cleave to the Eighteenth Brumaire’s description of proletarian revolutions, as ones that “criticise themselves constantly, interrupt themselves continually in their own course, come back to the apparently accomplished in order to begin it afresh, deride with unmerciful thoroughness the inadequacies, weaknesses and paltrinesses of their first attempts”. Since Marx’s death, and periodised by the multiple crises of Marxism, readings of his work have gone through several phases or conjunctures of opening and closing, heresy and orthodoxy, deterritorialisation and territorialisation (see Fredric Jameson’s interesting remarks on the nexus of capitalist crisis and post-Marxisms in ‘Five Theses on Actually Existing Marxism’). Many of these were ‘grafting’ operations, which always involved a salutary interrogation of Marx or Marxisms’s self-sufficiency: Kantian Marxism (to correct an ethical deficit), Freudo-Marxism (to offset a libidinal deficit), Third Worldist Marxism (to counter a Eurocentric bias), Marxist feminism (to integrate the gendered specificity of exploitation and social reproduction), and so on. I think that theoretically speaking (the political outlook can only be much gloomier right now) the present moment has greater potential for a revitalisation of a Marxist research open to the unpostponable demands of the present, to the imperative of a problematizing practice that cannot presuppose it already has all the analytical tools at its disposal, as though Marx’s restless, multifarious and unfinished writings provided some kind of secure and comforting canon. The lesson that Stuart Hall drew from Gramsci in the 1980s remains relevant: ‘Gramsci … came face to face with the revolutionary character of history itself. When a conjuncture unrolls, there is no “going back”. History shifts gears. The terrain changes. You are in a new moment. You have to attend, “violently”, with all the “pessimism of the intellect” at your command, to the “discipline of the conjuncture”.’ What we have to ask then is not whether readings of Marx are open, heterodox or heretical – as though these were values in themselves – but whether they subject themselves to the ‘discipline of the conjuncture’, and if that means jettisoning, mutating or demoting certain aspects of Marx’s work, so be it (let’s not forget Marx wasn’t so precious about his own concepts as to cherish them for their own sake). Shining the flickering light of the present onto the corpus of Marx’s writings has brought into relief aspects of his thought that might in other moments have seemed secondary. Or, to try another metaphor, Marx’s texts contain a whole host of chemical reagents that can trigger a kind of theoretical reaction when those texts are introduced into our present. These encounters between Marx (and Marxism) and our moment have given rise to all kinds of vital areas of inquiry, to name a few: the plural temporality of capitalist time and history (in the writings of Massimiliano Tomba, Harry Harootunian and others, in dialogue with material as varied as Benjamin and Bloch’s philosophies of history, Charkrabarty’sProvincializing Europe, and Trotskyist theories of uneven and combined development); ‘real abstraction’ as the distinguishing feature of capitalist domination (building and departing from the insights of Sohn-Rethel, Adorno and others); the revitalisation of Marxist feminist theory (including Black and Third World feminisms, theories of social reproduction, queer perspectives, etc.); an intensified attention to the racialized character of exploitation and to ‘racial capitalism’ more broadly (in thelongue durée of slavery and settler-colonialism); political and philosophical debates on the contemporary figures of communism, communisation, and the “commons”, etc.

How would you evaluate the role of various “postmodern theories” (poststructuralism, postcolonial theory, queer and feminist theories) vis-à-vis the reception of Marx in the last few decades and, in particular, since that crucial “moment” of 1968? Has Marxism gone beyond poststructuralism?

This is probably a reflection of having personally come to serious study of Marx and Marxism after immersion in so-called “post-structuralism” (a term I confess finding of rather limited use), or more precisely la pensée soixante-huit in its more speculative variants (above all in Gilles Deleuze, who was never able to bring to completion his planned bookLa Grandeur de Marx), but I find the slackening of a certain defensiveness among Marxists to be a positive phenomenon overall. While I recognise that the theoretical tendencies you mention were often caught up in a marginalisation of both ‘classical’ and ‘Western’ Marxism that was experienced as a reactive and reactionary process by an earlier generation of scholars and activists, I think the vantage of the present allows for a different attitude, one that maintains a commitment to an ongoing ‘totalisation’ of diverse theoretical perspectives while not imagining that Marxism is some kind of self-sufficient theoretical canon, dead set on either subsuming or fending off rivals. While not going as far as subscribing to Alain Badiou’s nominalist dictum “Marxism does not exist”, I would also dispute that “Marxism” and “post-structuralism” are unified theoretical domains that could be usefully compared to one another. When we speak of them in their unity, I think these are not theories but ideologies (or cognitive maps, perhaps), and as such objects of polemical affirmation or negation (it is in this respect that the ill-conceived debate over post-colonialism triggered by Vivek Chibber’s book strikes me as a mostly sterile ideological quarrel and not a real theoretical dispute, which would of necessity involve “critique” in its more Marxian form). I think much ‘progressive’ academic theoretical production will today include conceptual elements drawn from Marxist and post-structuralist works alike, but will feel less compelled than it might have 10, 20, or 30 years ago to engage in an ideological demarcation (in this respect, I find the Chibber debate politically anachronistic too).

The Marxist concept of “class” is, even within the left, often associated with the white male industrial worker of 19th and 20th century Europe. On that basis some have argued that “class” and class politics doesn’t exist anymore. How would you respond to such claims?

It is one of the tragic outcomes of actually-existing class politics across the twentieth century in Europe and North America in particular, with its constitutive internal demarcations by race, ethnicity, gender, and other markers of difference, that the profound practical and theoretical critiques of the “whitening” of the working class still goes largely unheeded. The finest revolutionary minds of the twentieth century, from Lenin to CLR James, DuBois to Fanon, Rosa Luxemburg to Angela Davis, all variously dismantled that conceit, in the response to the mass movements of women and people of colour who were at the forefront of real challenges to the rule of capital, and yet the trade unions and political parties that marched under the banner of Marxism (or social-democracy) largely reproduced themselves by consolidating that toxic identification – from the exclusion of African-Americans proletarians from many of the gains of the New Deal to the disastrous nationalism of the French Communist Party, from ‘hate strikes’ against the racial integration of trade-unions to the phantasmagorical rebirth of a pseudo-class subject in idiotic slogans like ‘British jobs for British workers’. To rub against the grain of the doxa on class, we could say that it is precisely to the extent that the class came to be laminated onto particular ethno-national and racial identities and cultures, and specifically on varieties of whiteness, that class discourse and politics were neutralised, and that class has been speciously reborn in the contemporary imagination as the most reactive form of ‘identity politics’ (witness Trump, Brexit, the rhetoric of the Front National, etc.). The working class that had nothing to lose but its chains is now replaced by its simulacrum, the one that believes it has everything to lose along with those chains. It’s a dismal sight to see self-described classical Marxists turn to a class ‘analysis’ based on dubious marketing and income methodologies (where the working class is reduced to ‘category C2 and D voters’, for instance) to shore up the claim that contemporary reactionary politics are a symptom of working-class revolt, while at the same time ignoring the most basic of orthodox Marxist lessons, namely the centrality of relations of production to the definition of class – which would at the very least lead one to note that a Romanian fruit-picker in England is far ‘more’ working-class than a real-estate agent or pensioner whose father once worked in a steel mill… If we zoom out from the Euro-American provinces to the rest of the world, and pay attention to the enormous numbers of human beings whose livelihoods (and absence thereof) depend on waged labour – who are proletarianised in the sense of ‘without reserves’ – as well as to the exacerbation of inequality and exploitation across multiple axes, the farewell to class as an analytical and political category appears as a massive case of disavowal, in a quasi-Freudian sense.

  1. Similarly, the left seems to be locked into the unfortunate dichotomy of “class politics” (associated with the figure of the white male worker) on the one hand and so called “identity politics” (issues of gender, race, sexuality etc.) on the other. What, in your opinion, are the more promising avenues that the (radical) left should follow, if it wants to overcome this hindering juxtaposition?
  2.  

The first step should perhaps be a ruthless (self-)criticism of the degeneration of Marxisant notions of class into identity politics in the first place – abandoning the culturalist fetishizing of geographically and historically minoritarian experiences of industrial labour as the only context for the recognition of class. Conversely, it is important to learn how to discern the classed and anti-capitalist dimensions of what is sometimes misconceived reductively as ‘identity politics’. After all, how could the political movements and militant theorising of those whose labour and lives have been confiscated, devalued and ‘primitively’ accumulated through gendered and racialized exploitation not concern class understood in its most crucial, which is to say its relational dimension? If start from class as a relation rather than class as an identity (an identity that would allow us to demarcate, as too many Marxists beginning  with Marx have done, a good working class from bad lumpen, free from forced labourers, etc.) then we can begin to attend to the invisible ‘iceberg’ of exploitation (to borrow Maria Mies’s characterisation of the role of ‘women, nature and colonies’ in capitalist accumulation, recently revisited and revitalised by Jason W. Moore) which lends class determination its full weight. Ironically, as I already suggested, beginning with a more orthodox, even dogmatic definition of class (relation to the means of production, etc.) would today perforce lead one to recognise how the working class, globally conceived, but also in the so-called ‘North’, is anything but a white, male redoubt. None of this is to ignore that a focus on identity (including in a narcissistic-individual sense) to the detriment of collective experiences of exploitation and antagonism remains an ideological problem, that liberal (or even reactionary) reflexes inhabit us all to varying degrees. But I think that to reproduce this dichotomy – class politics versus identity politics – is not only to freeze the necessary internal debates in the left into the sterile terrain of 1980s skirmishes around postmodernism, but to conceal all the ways in which political and theoretical work across the twentieth century had already dismantled it. Stuart Hall et al.’s turn to the language of experience and mediation in their landmarkPolicing the Crisis is very instructive in this regard, when, in speaking of the Black British proletariat they write: “racial oppression wasthe specific mediation through which this class experienced its material and cultural conditions of life, and hence race formed the central mode through which the self-consciousness of the class stratum could be constructed”. Analogous if not identical arguments could be made in terms of gender or sexuality.

  1. With the current resurgence of right-wing populism in many western countries, there has been much talk about the “forgotten” white male working class that is taking its revenge on a supposed urban and elitist “cultural left”. What do these developments tell us about the uses – or maybe rather abuses – of the Marxist concept of “class” and how can and should an antifascist left react to it?
  2.  

The problem with these formulations, as is so often the case with ideological phenomena, is that they are at one and the same time phantasmagorias – incoherent congeries of fantasies, nostalgias and wish-fulfilments – and terribly, performatively real. I think it is useful here to remind ourselves of Marx’s famous 1852 letter to Weydemeyer (put to illuminating use in Andrea Cavalletti’s acute essay on class, which I’m currently editing), where he clearly states that it was not he who invented the concept of class, but rather bourgeois historians – and that his contribution was rather tohistoricize class, to envisage thedictatorship of the proletariat, and to posit therevolutionary abolition of class. In other words, there is nothing particularly Marxian or Marxist about reference to class, nor indeed about the idea of class politics, and thus nothing contradictory or unusual about a reactionary politics that uses class as one of its chief signifiers (the history of fascisms and related political and ideological formations teaches as much). With this proviso in mind, there are a multiplicity of non-exclusive responses to this predicament: one can engage in the work of sociological demystification and undermine this inconsistent entity (i.e. ‘the forgotten white working class’); one can explore the historical and material grounds that lead particular sections of workers to develop passionate attachments to their ethno-racialised class identities; one can agitate among the targets of these reactionary discourses; above all perhaps one can foreground the fact that exploitation and exclusion (or indeed social ‘forgetting’) disproportionately affect thenon-white working class. All of this without underestimating the depressing allure of the ‘psychological wages’ of whiteness that DuBois wrote about inBlack Reconstruction, which remind one that any kind of ‘class unity’ or ‘solidarity’ is a very precarious product of political work and not some underlying and secure ground which is merely obfuscated by capitalist brainwashing, liberal ideology or, indeed, ‘identity politics’.

With Lenin, Against Hegel? 'Materialism and Empirio-Criticism' and the Mutations of Western Marxism

In this article Alberto Toscano considers three texts that allow us to explore the place that a recovery and reinterpretation of Lenin's 'Materialism and Empirio-Criticism' played in setting the agenda of European Marxist philosophy after the crisis of ’56.

 

 

Introduction: An ‘Eastern’ Materialism?

By way of contrast to the texts I’ll be considering in the body of this article, I’d like to begin by briefly recalling the role of negative references to Lenin’s Materialism and Empirio-Criticism (MEC) for the self-definition of a ‘Western Marxist’ philosophy. In its famous combination of polemical partisanship and unequivocal objectivism, MEC served as a paradigm of ‘Eastern Marxism’ conceived as the abandonment of the dialectic for a philosophy of state communism, in both Adorno’sNegative Dialectics and Merleau-Ponty’sAdventures of the Dialectic, the text which popularized the expression ‘Western Marxism’ (with the negative note by Simone Weil inLa Critique Sociale, November 1933 as a precursor). This is a position tidily summarised in Herbert Marcuse’s quip, fromSoviet Marxism: ‘Lenin'sMaterialism and Empirio-criticism replaced the dialectical notion of truth by a primitive naturalistic realism, which has become canonical in Soviet Marxism’ (149). To get a flavor of these positions, and to prepare a contrast with the texts I’ll be concerned with today, let me begin by quoting two key passages from Merleau-Ponty and Adorno.

His adversaries were not wrong to criticize Lenin's philosophical ideas for being incompatible with what they themselves called, as Korsch says, 'Western Marxism." Lenin had written his book in order to reaffirm that dialectical materialism is a materialism, that it supposes a materialistic diagram of knowledge ... in taking up again the old allegory of ideas-images, Lenin thought he was going to establish the dialectic solidly in things. He forgot that an effect does not resemble its cause and that knowledge, being an effect of things, is located in principle outside its object and attains only its internal counterpart. This was to annul all that has been said about knowledge since Epicurus ... Hegel had indeed been able to show that, in a philosophy of history, the problem of knowledge is surmounted, because there no longer can be a question of timeless relations between being and thought, but only of relations between man and his history, or even between the present and the future, and the present and the past. ... This new dogmatism, which puts the knowing subject outside the fabric of history and gives it access to absolute being, releases it from the duty of self-criticism, exempts Marxism from applying its own principles to itself, and settles dialectical thought, which by its own movement rejected it, in a massive positivity. (Adventures of the Dialectic, pp. 59-60)

The image theory denies the spontaneity of the subject, a movens of the objective dialectics of productive forces and conditions. If the subject is bound to mulishly mirror the object—necessarily missing the object, which only opens itself to the subjective surplus in the thought—the result is the unpeaceful spiritual silence of integral administration.

Nothing but an indefatigably reified consciousness will believe, or will persuade others to believe, that it possesses photographs of objectivity. The illusions of such a consciousness turn into dogmatic immediacies. When Lenin, rather than go in for epistemology, opposed it in compulsively reiterated avowals of the noumenality of cognitive objects, he meant to demonstrate that subjective positivism is conspiring with the powers that be. His political requirements turned him against the goal of theoretical cognition. A transcendent argumentation disposes of things on the basis of its claim to power, and with disastrous results: the unpenetrated target of the criticism remains undisturbed as it is, and not being hit at all, it can be resurrected at will in changed constellations of power. (Negative Dialectics, 205-6)

But did MEC also play a different function in the development of so-called ‘Western Marxism’ in the postwar period, ones that perhaps broke with the schema, common to Adorno and Merleau-Ponty of a true dialectics against dialectical materialism, and with the very distinction of Eastern and Western Marxism in its Cold War modalities?

            In this article I want to consider three texts that allow us to explore the place that a recovery and reinterpretation of MEC played in setting the agenda of European Marxist philosophy after the crisis of ’56. All three have not been translated into English, notwithstanding the translation of several other works by the authors in question. They are Henri Lefebvre’s 1957 Pour connaître la pensée de Lénine (PCPL), Lucio Colletti’s 1958 Introduction to Lenin’s Philosophical Notebooks, published in a revised version as Part I ofIl marxismo e Hegel (1969; the English textMarxism and Hegel is a translation of Part II alone), and finally Dominique Lecourt’s 1973Une crise et son enjeu (Essai sur la position de Lénine en philosophie) [A Crisis and its Stakes: Essay on Lenin’s Position in Philosophy], published in Louis Althusser’s Théorie series for François Maspero, as a critical complement of sorts to Althusser’s ownLenin and Philosophy.

            My approach to these texts, which if replaced within their theoretical, political and biographical contexts would demand very extended commentary, will be quite schematic, presenting a symptomatic permutation of positions around MEC that address three broad concerns:

            a. How does MEC relate to Lenin’s notebooks on Hegel logic? This question turns out to resonate with two related questions: Is a realist or objectivist materialist epistemology compatible or not with a truly dialectical Marxism? And: Is MEC a model for a break with the Hegelian legacies in Marxism, and if so is this to be welcomed or abhorred?

            b. What is the proper articulation between Marxism (and Marxist politics), philosophy and science?

            c. What concept of matter (if any) is demanded by a Marxist materialism? And how is this concept of matter to be related to scientific concepts of matter?

            I will also want to reflect on a corollary (d), regarding the theories of abstraction at work in these interpretations of the MEC.

            Especially in what concerns (a) as we will see the three texts provide the three possible permutations, as follows:

            Lefebvre: The notebooks on Hegel’s Logic (and other philosophical texts) overcomes the limits of MEC by embracing a properly dialectical conception of reality.

            Colletti: The notebooks manifest a dangerous backsliding from the polemical advances of MEC, a restoration of an idealism of matter which is an epistemological and materialist retreat from the MEC’s affirmation of the heterogeneity between thought and objective reality, and the primacy of the latter (as well as MEC’s greater appreciation of the importance of Kant for a modern materialism).

            Lecourt: There is no ultimate incompatibility between MEC and Lenin’s wartime notebooks on Hegel in terms of their fundamental philosophical infrastructure, a continuity identified by Lecourt in terms of the notion of a reflection without a mirror.

1. Lefebvre, or, Complex Reflection

Lefebvre frames his discussion of Lenin’s philosophy, in Part III, of PCPL, by noting the importance of Engels’s called to transform and verify materialism in response to the novelties emerging from the natural sciences. He reproduces Lenin’s statement which identifies the changing stakes of materialism in terms of the powerful emergence of epistemology within bourgeois ideology (and various Marxist revisionisms), noting that while that Marx and Engels rightly stresseddialectics andhistory overmaterialism, the epoch threw up a radically different theoretical conjuncture, in which bourgeois philosophy has absorbed in a deformed guise a number of the tenets of the dialectic but with relativist and revisionist ends, as summarized in the epochal affirmation thatmatter has vanished. Notwithstanding Lefebvre’s association with some of the main features of Western Marxism, in PCPL he strongly notes Lenin’s warning that Marxist orthodoxy has retreated to the terrain of philosophy and the philosophy of history, and in its abandonment of natural, scientificmaterialism had left the way open for relativist solutions. It is significant here that Lefebvre sees parallels between the debates of 50 years before and the controversies in French Marxism, not least Merleau-Ponty’sAdventures, in which the attempt, in Lefebvre’s words (129n1) to construct anidealism from below goes hand in hand with a stigmatization of MEC as the paragon of an ‘Eastern’ vulgar dogmatic Marxism. Contrariwise, we can see Lenin’s operation in MEC for Lefebvre as a model of the need to reframe and revitalize Marxist philosophy within the mutable conjunctures of conflict and critique of bourgeois philosophy. Put back in its historical context, Lenin’s operation cannot be taken as one of mere affirmation or defense of dogmatism. On the contrary, for Lefebvre: ‘With Lenin, we cannot repeat this enough, Marxist thought detached itself both from orthodox immobilism and from a revisionism that brought principles into question’ (130). MEC belongs to the necessary double movement of returning to principles and applying them to thenew problems of the present, thus restoring while renewing the basic tenets of Marxism.

            But how much of a guide can Lenin be to the renewal of a Marxist philosophy, 50 years after his only explicitly philosophical work? This question guides Lefebvre, who also makes the parallel with the paucity of systematic philosophical reflection in Marx and Engels themselves. He identifies the key nexus of Lenin’s intervention in a gap left in the work of Marx and Engels, namely the ‘hiatus’ between their theory of ideological reflection (in the German Ideology,Capital’s account of fetishism or Marx’s political writings) and ‘the theory of knowledge, the theory of thetrue reflection of the real’ (132). But this shift to epistemology requires confronting the question ofabstraction. Lefebvre puts the problem very lucidly in the following passage, which as a note indicates, is also a critique of both Lukács and Plekhanov:

Lenin saw the problem perfectly well. If you don’t want Marxist theory to fracture, and to meet its stumbling block in science – if you do not want all the sectors of knowledge to progressively escape it – you need to show that the history of ideologies is intimately (dialectically) linked to the process whereby human beings move from ignorance to knowledge. It is therefore necessary for reflection [lereflet (ou laréflexion)] not just to be social reflection (ideological superstructure) but also, and at the same time, and contradictorily, reflection of the real and of the external world. It is necessary thatabstraction be considered not just as the production of the division of labour, but as the instrument of knowledge. It is therefore necessary philosophically to reprise and restore the principles of Marxism, which are interpreted in such a way that the ‘orthodox’ passed from economic categories (those of the division of labour) to ideologies by neglecting specifically philosophical categories and notions (133).

            It is this predicament that requires the development of a theory of reflection – a term which Lefebvre notes is in no way univocal. Here Lefebvre quotes Lenin’s famous formula on sensations copying, photographing, reflecting objective reality, but immediately qualifies it by noting how it is difficult to square with what he takes to be a key dimension of Lenin’s sketch of a materialist epistemology, which builds on Engels to argue the relativity without relativism of human knowledge. In Lefebvre’s words, ‘Every knowledge is approximative, provisional, revisable, momentary – and yet it envelops something absolute; not only an infinitely distant absolute, but an already presentcontent; agrain of truth, which the ensuing development with extract and deploy. Nothing is absolute, everything is relative. But there is a dialectical relation between the absolute and the relative: a unity between these contradictory terms.’ (134) And later: ‘The absolute is at the very heart, if we can put it like this, of the relative, in its bosom’ (197). Such a dialectic both embraces and surpasses relativism, it is a dialectical unity of the absolute and the relative, or rather the overcoming of the raw distinction between the absolute and the relative is a definition of the dialectic itself. This is why the photographic metaphor is so problematic, since as Lefebvre notes it ‘is difficult to see how a relative knowledge can emerge from sensations that reflect the real object like a photograph or a copy’ (134). For dialectical relativity to obtain sensation it can’t be a reified unit, it must be a phenomenon, namely something that includes contradiction within itself, and whose contradiction can only be resolved by a passage to ‘abstract thought’, a thinking that doesn’t reflect the apparent but the essential, that engages not in a sensory but in aconceptual reflection. Here Lefebvre reads back into the MEC a very important note from Lenin’s philosophical notebooks, on Aristotle’s metaphysics, where he talks about human cognition as something that isnot ‘a reflection in a mirror, but a complex, doubled, zigzagging act – an act that includes the possibility of an imaginative flight beyond life’, where we might even, as Lefebvre comments, be able to distinguish a fertile dream from an empty revelry.

            In the Notebooks, Lenin clearly recognizes that penetrating the real also involves an activity of abstraction, of distancing oneself from it and that this necessary doubling is also what opens up the space for ideological distortion. In Lefebvre’s gloss: ‘Ideology therefore reflects social and historical conditions, the separation between intellectual and manual labour, class positions; butat the same time it finds its condition in the process of knowledge.’ While immediate sensation and spontaneous consciousness are in a sense beneath the truth/falsity distinction: ‘everything depends on whatreflection [réflexion], which attains the truereflection [reflet] (the concept), draws through a series of reflexive approaches (of mediations) from immediate phenomena and appearances.’ (136)

            With these dialectical preliminaries under his belt (which already articulate Lenin’s philosophical polemic in Hegelian terms, contra Colletti), Lefebvre approaches MEC, laying great stress on the articulation in that text of a theoretical-political crisis of Marxism with an ideological-epistemological crisis of the natural sciences, a crisis which (and one imagines here Lefebvre to be speaking very much to his present) is also very much the occasion of a renewal of Marxism, as well as a restatement of its guiding principles, which in this case obviously concerns the very meaning to be accorded to materialism. The bond between the natural-scientific questioning of materialism and Marxist revisionism is obviously what is at stake. To diagnose this crisis involves thinking the link between the crisis of (non-dialectical) mechanistic materialism and the crisis of bourgeois ideology (in view of their Marxist issue). With our mind partly on the Althusserian analysis of this predicament in Lecourt, it is interesting to note that Lefebvre will see Lenin’s text as a corrosive analysis of the way in which the bourgeois scientist (savant) tries ‘to “think his science” in function of the ideas of his class: idealism, mysticism, subjectivism, etc. Spontaneously, he judges he has a certain object of study before him: material reality. But this naïve, spontaneous materialism of scientists does not suffice […].’ (150) The spontaneous materialism stumbles when faced with the mutations in scientific theory and in bourgeois ideology. As Lefebvre observes: ‘Bourgeois ideology in contradiction with science (idealism denying the very object of science: material nature, movement becoming inconceivable without a material support) ends up in a “crisis” of science. This crisis is only in appearance […] an internal “crisis” of science: it is due, in one of its important aspects, to the inevitable interaction in the thinking of scientists between the ideological superstructures of bourgeois society and new knowledge about matter’. (150) Here is where Lenin’s lucidity is at its greatest, as he cuts through the Gordian knot of science and ideology around the issue of materialism, by doubling the very notion of matter (we’ll return to how Colletti and Lecourt diagnose this move, to which they also lend crucial importance).

            We have a philosophical category of matter andscientific conceptions of matter,specific to natural sciences. Matter in philosophy is eminently simple (and we could say eminently polemical), its sole property to be, as Lenin argues, an objective reality existing outside of our consciousness. The absolute and categorical recognition of this externality is a veritable axiom of dialectical materialism, separating it from agnosticism and relativist idealism. As Lefebvre comments, this notion of matter is equivalent to the ancient philosophical notion ofbeing as what lies before and beyond consciousness. It does not tell uswhat matter is, butthat it is. As he observes: ‘The philosophical notion of matter is both the emptiest and most abstract of all notions, because it has no determinate content – and the richest, the fullest of notions, because it designates infinite nature, infinitely profound and multiple in its unity’. (151) It is a notion that in Lenin’s terms can neither age nor vanish – it is entirely untouched by the train of scientific revolutions. This absolute philosophical concept of matter can then be seen as the asymptote or attractor for the relative-absolute conceptions of matter thrown up by the specific sciences. It is also a non-demonstrable tenet (hence its irreducible polemicity, as noted especially by Althusser, which makes partisanship in philosophy inescapable, and over-determined by the revolutionary and reactionary orientations of materialism and idealism – orientations which Lefebvre does not really clarify here). Since idealism cannot be logically refuted, it can only be fought against, as a politically-laden philosophical postulate, which as such is indestructible, ever reborn in new guises. Likewise ‘one cannot demonstrate, one cannot prove materialism. The materialist fights for his position, for his party. […] The philosophical position is a political position’. (154) But this opposition between materialism and idealism is only absolute in terms of fundamental philosophical categories. Outside of this domain, Lefebvre notes, it is only relative (or else materialism would never need to be… dialectical). It is as though absolute polemic were a feature of philosophy and politics, but not of the broader swathe of knowledges and practices that come to compose historical and dialectical materialism. This also requires a concept of reflection that cannot be unilateral or absolute, since Marxism ‘defines consciousness asreflection [reflet ouréflexion] of the natural and social being of man, as the reflection of his practical and social activity, and therefore as a complex reflection, rising from sensation and perception to knowledge and ideas. Therefore as a reflection that is itself active’. And further: ‘Dialectical materialism implies the theory of knowledge, active reflection [réflexion orreflet actifs] penetrating through practice and knowledge into an infinitely, inexhaustibly vast reality. Dominating it little by little, transforming blind necessity into freedom’ (159).

            It is only by distinguishing the different levels at which materialism operates (as the polemical dilemma of materialism versus idealism, in the historical formation of philosophical concepts and their concrete polemics, and in epistemology proper, according to Lefebvre) that we can also see how – as is patently obvious in the case of Hegel – idealism could turn out to be more important for materialism than certain strains of materialism.

            For Lefebvre, Lenin’s central idea is that of the objectivity of the dialectic. In what sense do the Notebooks ‘sublate’ MEC? Above all in the sense that they introduce a theory of abstraction, of an abstraction of the concept, of a full concept, rich in content.

2. Colletti, or, Against Hypostasis

Colletti is well-known in the Anglophone world principally due to the intercession of the New Left Review and Perry Anderson who raised him, along with Sebastiano Timpanaro, to the status of key Italian philosopher of a Marxist New Left, namely through the publication of hisMarxism and Hegel andFrom Rousseau to Lenin.New Left Review was also the venue in which Colletti first clarified his break with Marxism, in a long politico-philosophical interview with Anderson that would only subsequently be published in Italian. Rather singularly among Western Marxists, Colletti found in the polemical anti-idealism of Lenin’s 1908 text, and perhaps above all in that text’s valuation of Kant over Hegel on the terrain of epistemology, his initial theoretical inspiration for a rallying to the Italian Communist Party and to Marxist theory. MEC would even remain as a point of referenceafter Colletti’s break with Marxist theory and politics, as his position switched – on grounds which contain considerable continuity, especially in their juxtaposition of a realist materialist epistemology against the dialectics of real contradictions and historicism – from a far left to a right critique of Marxism. In the pages ofSocietà, beginning in 1952, Colletti reviewed MEC but also used its anti-idealist polemics as a starting point for critiques of the Croce-Gramscian historicism of the PCI and the attraction on the Left of figures like John Dewey. The priority of matter/nature/objectivity over thought, and the necessity for an epistemology of reflection or correspondence remained paramount in countering those positions that could be seen to volatilize matter in spirit, even if the latter’s name came to be praxis or practice – positions which, following Lenin, could be seen as the proposals of so many ‘third ways’ blurring the distinctions, the camps, of materialism and idealism. This initial work remained very much under the aegis of Galvano Della Volpe, and his drawing from Marx, depicted as the inventor of a moral Galileanism, of a method of determinate abstraction. The texts published inSocietà would be revised and combined to compose Colletti’s long essay introducing the 1958 Feltrinelli edition of Lenin’s philosophical notebooks, ‘Marxism and Hegel’, included as part I of the eponymous book in 1969.

            Colletti’s chapter on ‘Lenin and Hegel’, resonating with Lefebvre, relates Lenin’s critique of idealism, of an ideological misprision of reality founded on a process of hypostasis, to his critique of the division of labour, such that the separation betweenmaterial relations andspiritual relations correlates to that between production and distribution. Bourgeois sociology is already founded on the epistemological distortions produced by bourgeois society. Colletti notes the following about Lenin’s early writings, from ‘Who are the Friends of the People’ toThe Development of Capitalism in Russia:

[The] theoretical passion animating these writings is such that Lenin does not limit himself to referring back – or worse flattening - the ideological fact onto its social base, but he reconstructs it, developing all of its implications, including at the level of method. He sees, in other words, that just like the dualism that man projectson the object is the expression of a real dualismbetween subjects, between men, likewise the latter must also involve adualistic separation of subject and object in the praxis of knowledge. In fact, if in the structure of theobject ‘society’ I do not see as essentialmaterial relations it is because in this society the world of work and production has an inessential recognition, therefore because there is a separation between practice and theory, because theory in the end standson its own. (152)

The critique of hypostasis is a critique of the process of abstraction that makes metaphysical thinking possible. Metaphysics – in Colletti’s interpretation of Lenin – turns its back on the multiplicity of facts to substitute it with a self-referential generic idea. MEC can thus be seen also in the context of an epistemological reflection on the means to neutralize hypostasis. This critique of hypostasis cannot rest on materialism as another conception of the world, for instance as a Democritean supplement to a Hegelian method, but has to be understood as ‘a materialism that exhausts itself without mythological residues in concrete scientific inquiry’ (156). Only holding form to the ‘exteriority of the empirico-material datum’ guarantees that the idea’s hypostasis-substitution of the real object is averted. Following the lesson of Della Volpe, hypostasis is to be countered by a determinate abstraction, in which attention to the individuating and discriminating of the material permits a work of generalization, as encountered, exemplarily, in Marx’s analysis of the bourgeois socio-economic formation. Generalisation depends on material factors such that ‘scientific generalisations and the real object of analysis inCapital are in a twofold relation of unity-distinction’.Determinate abstractions,empirical concepts, which allow for regularity, iterability, typicality, this is the kind of scientific simplification that in this Della Volpean reading of Lenin is proposed by Colletti.

            Once we grasp, as Lenin did, that Marx’s analysis grasps the economic formation of a society as a natural-historical process, then the passage to MEC is not a passage between two discontinuous orders of physical and historical being.

            Colletti stresses that MEC is a more nuanced, more complex text than might at first appear. It pivots around the principle of Marxist epistemology, the unity-distinction of thought and being, where unity stands for the knowability of the world, distinction to the extent that the very notion of science depends on the ineradicable externality of material reality to a thinking that can never exhaust it, replace it, or absolutise it. On the basis of this principle, MEC is anchored in two theses: (1) the objectivity of the world; (2) the approximate character of knowledge, which requires the test of practice and experimentation (162). Materialism, or ‘the hypothesis of matter’ is a premise and condition of scientific inquiry, but is not itself a product of it. For Colletti the impossibility of doing without matter, or even of affirming its vanishing, is attainedvia negativa, by anatomizing the twists and turnabouts, the contradictions and aporias of thoseimmaterialisms that find in Ernst Mach their patron saint. As in Lefebvre the distinction betweenphilosophical andscientific concepts of matter is crucial to the whole reflection on the relation between Marxism and the sciences of nature. Colletti stresses, in a way that Lefebvre does not, the fact that philosophical materialism thus construed puts no constraints on the experimental scientist. Against any Engelsian or Stalinist transformation of Marxism into a philosophy of nature Lenin’s materialism, according to Colletti, ‘has nothing to say about the structure or properties of the external world, it lets it be exclusively the task of the sciences to investigate and discover them’ (163). Colletti takes thisphilosophical conception of materialism as the basis to denounce as fundamentally anti-Leninist all the Stalinist variants of a Marxist science, from Lyssenkoism on down. ‘You cannot deduce from Marx either a serious biology nor a falsified and fabricated one’ (164). MEC itself is not a generalization of scientific results, but a necessary point of passage for contemporary Marxism seeking a materialist theory of knowledge – though Colletti finds the treatment ofreason and of the specific articulations of a theory of knowledge wanting, in contrast to the polemical postulate of matter. What MEC lacks, for Colletti, is ‘a veritable theory of the concept and of scientific laws’, limiting the scope of the polemic, and of the materialism – which at the level of the postulate itself can remain at the level of Feuerbach or Dietzgen and not attain the level of Marx and Engels. What is insufficient in Lenin, according to Colletti, is the social determination or social form of knowledge, so to speak. As he writes:

[P]recisely to the extent that Lenin does not see (or does not see fully) the reciprocal functionality of reason and matter, neither does he manage fully to grasp the mediation between science andsociety; he does not succeed that is in grasping that, just as my knowledge cannot beuniversally valid, such as to open me to communication with others and introduce me into associated life, for theobjectivity of its contents alone, so, inversely, the objectivity of my knowledge can be verified only for and in society, that is only in relations with other men.  (165)

            For Colletti this shows an insufficient attention not just to the role of practice in determining truth, but in the way that thesocial relation is the principle of theory, an insufficient attention to the historicity and sociality of science – a point on which Colletti rescues the thinking of Gramsci from its association with Crocean idealism. Lenin’s work, for all its merits, is also a product of the reduction or fragmentation of Marxist thought into compartmentalized components: metaphysical materialism on the one hand, Hegelian dialectic on the other. Colletti is adamant that dialectical materialism in its official acceptation, which combines Hegelian teleology with the principles of Enlightenment materialism, is not a modern, scientific materialism, since it implies a pre-Newtonian or Aristotelian conception of movement as qualitative change (rather than accepting that both movement and rest are states, as evident in the principle of inertia), and because it depends on a notion of real contradiction (rather than real opposition), which is at odds with scientific realism.

            Contrary to Lefebvre’s estimation, where it is the integration of the Hegelian dialectic that allows Lenin to overcome the limitations of his polemic against Machians and Bogdanovites, for Colletti the turn back to Hegel only serves to blunt the force of the materialist postulate while not allowing for a realist take on the sociality of knowledge. Like Engels, according to Colletti, Lenin misreads the passage from Hegel to Marx, as though it were merely a rectification, meaning that for him too (in the Notebooks) ‘matter ends up adding itself to the dialectic as an extrinsic element, without it being clear how it concretely enters into the constitution and formation of the new method’ (166), leading Lenin to mistake the hypostases of the Hegelian concept for anticipations of objectivity, and even more problematically to ascribe to the Hegelian critique of Kant – not realizing that repudiating the thing in itself is in Hegel the other side of an acritical identification of the real with the idea, a loss of that unity-distinction which lay behind, in MEC, the judgment that recognizes Kant’s contribution to a critical materialism. What is missed in the denunciation of the agnostic Kant of the noumenon is his ‘positive conception of the sensible, of a real and not formal distinction between being and thought’ (167). The attention of a Hegelian dialectic to the fluidity and mobility of the concept, to real contradictions that make it so that one and the same thing is and is not have a serious price: matter and real determinations are abandoned for the sake of a dialectic out of space and out of time (167). This opens the way for a Heraclitean interpretation of Marx as a philosopher of change and contradiction, losing sight of his method of determinate abstraction which permits, following Della Volpe, a circuit moving from concrete to abstract and back again. Between MEC and the Notebooks we have to choose.

3. Lecourt, or, The Broken Mirror

Dominique Lecourt’s Une crise et son enjeu is a rare monograph within European Marxism on MEC, coming after hisFor a Critique of Epistemology (Bachelard, Canguilhem, Foucault) and coming in the wake of Althusser’sLenin and Philosophy, with its elaboration of the Leninist theme of partisanship in philosophy. The great originality of Lecourt’s work, which features a patient reconstruction of the ‘crisis of the physical sciences’ that provides the context for Lenin’s intervention (including appendices reproducing some key texts in the debate referred to by Lenin himself), is to explore the hypothesis that materialist epistemology of MEC and the rediscovery of the Hegelian dialectic in the Notebooks should not be grasped through the prism of discontinuity. As Lecourt notes at the start of his inquiry, close perusal of MEC in its context throws up three seemingly paradoxical conclusions:

1. the reflection at stake in the so-called theory of reflection is a reflection without a mirror;

2. contrary to appearances, Lenin does not in any way support a sensualist theory of knowledge;

3. there is no contradiction between MEC and the Hegel notebooks of 1914-15, the thesis of reflection (without a mirror) finding its relay in that ofprocess (without a subject). (16)

            Rather than producing an alternative theory of the production of knowledge, for Lecourt the aim of MEC is to prevent the creation in empirio-criticism of the kind of scientific ideology that would illusorily ‘resolve’ scientific problems in a manner that thwarts proper experimental research. ‘The advantage of a consistent materialism’, Lecourt observes, is ‘to clarify with a question the formulation of a problem which it is the task of the sciences to resolve’ (26). Like Colletti, Lecourt stresses that for Lenin philosophical materialism has no direct contribution to make to scientific specifications of matter. Rather, he shows that empirio-criticism falsely presents itself as the philosophical consequence of psychophysiological sciences, while, unlike a dialectical materialism, it is actually incompatible with them. The mistaken reading of Lenin depends on taking the illustrations of reflection through psychophysiological studies of perception as the philosophical content of the thesis. In the end, Lecourt observes, Lenin shows that there is simply no common terrain between idealist and materialist argument, rather than a confrontation between two comparable epistemologies.

            Lecourt argues that to grasp the nature of Lenin’s challenge we need to note the importance in his work of the order of questions. It is this order that distinguishes the two philosophical camps. The materialist position is that the primacy of being over thought takes thefirst place, while that of how knowledge of the external world is reached issecondary. The trick of empirio-criticism is to reverse the order. ‘This philosophy’, Lecourt comments, ‘subordinates theposition of the fundamental question to thesolution of the secondary question’ (33). The question of the acquisition of knowledge is here ultimately a scientific one (thus obviating Colletti’s critique of MEC’s limits), and in the end ‘knowledge of the mechanisms of the acquisition of knowledge is not a philosophical question’ (35), while thehistory of the production of knowledge remains merely sketched out. In the end Lenin’s materialist epistemology could be regarded as a kind of minimal, polemical or negative epistemology. Its grounding thesis of reflection is in effect adouble thesis comprisingthe primacy of being over thought andthe objectivity of knowledges. The moment that the second thesis is treated as the first the affirmation of materialism is subordinated to the access to the experience of matter. If the objectivity of knowledge is treated as the foundation of truth we are within one problematic that can take two forms: either putting the content of knowledge inside the object, and asking the subject to discover it; or inverting this and putting the content in the subject for whom the object is an occasion. This theory of knowledge is aclosed system in which subject and objectmirror one another. Knowledge is envisaged as thepassive inscription of a thought-content.

            Contrariwise, according to Lecourt’s reading of MEC, if the objectivity of knowledge is posited on the basis of the primacy of the real over thought, then we have an open system in which the scientific problem of the acquisition of knowledge is an experimentally available problem, and the task of philosophy is not the foundation of truth. Hence the conclusion that the theory of reflection (reflet) breaks with the philosophies of reflexivity (réflexion), while idealist theories require the primacy of the objectivity of knowledge over the primacy of being. Lecourt shows how given this idealist reversal of primacy one can also have three versions of the question of primacy itself: a consequent idealism which states the primacy of thought, a hesitant or masked idealism (otherwise known as agnosticism) which claims the identity of thought and being, and a contradictory idealism which treats the epistemological foundation of objectivity as primary but still claims a primacy of being or matter over thought. Lecourt also shows how Leninist partisanship involves a complex strategy, in this case that of occupying one adversary position (sensualist idealism) in order to destroy the enemy from within. What is more important for our purposes is Lecourt’s very interpretation of what a materialist epistemology could be. The polemical orientation of Lenin is clarified when we realise that MEC is not trying to produce a theory of knowledge, in the sense of a philosophical foundation of scientific objectivity. Once the primacy of being over thought is the primary thesis, the objectivity of knowledge is a thesisfor knowledge,for experimental studies of knowledge acquisition.

            Diametrically opposed to Merleau-Ponty and Adorno alike, for Lecourt the right positioning of thesis 2 (the objectivity of knowledge), means that the whole of Lenin’s theory of reflection ‘can be read as the systematic decomposition of the phantasm of the mirror which haunts theories of knowledge’ (43). Reflection is not a passive inscription in a closed system of subject-object but an active reflection, a notion at odds with the metaphor of mirroring. Moreover, as Lefebvre himself had noted, the approximative or relative nature of knowledge, means that reflection cannot be ‘specular’. Not only is reflection active and approximative, but the centrality of practice to knowledge means that in the final analysis the basis of knowledge is social (here we can see how Lecourt posits in MEC what both Colletti and Lefebvre see as missing, with the latter looking for it in Hegel). It is practice that breaks the closure of idealist theories of knowledge. As Lecourt sums up:

What Lenin calls ‘materialist theory of knowledge’ is the set of theses induced by thesis 2 (the thesis of objectivity) posed in the materialist order that subordinates it to that of the primacy of being over thought (thesis of materiality). The set of these theses has as its function toopen the field to scientificproblems – coming under the sciences of nature and ‘historical materialism’ – posed by knowledge to the processes of the acquisition of knowledge. In this regard, the ‘theory’ they constitute differs radically from that which is traditionally designated by the theory of knowledge in the history of idealist philosophy: aclosed system of philosophicalresponses to the problem of the foundation of the truth of knowledges. (47)

            A reflection without a mirror is thus ‘a reflection that takes place in a historical process of the acquisition of knowledges’ (47). This notion of process, which emerges from the cracking open of the mirroring of subject-object, is what links MEC to the Notebooks, notwithstanding the radically different materials they are operating with. It is important to note that for Lecourt the inability to grasp this continuity is a product of the quintessentially French mistake of thinking that Hegel is a thinker of the cogito, of thesubject, while it is precisely subjectivism which Hegel’s logic brings into question. In doing so, Lecourt also provides a nuanced defense of Lenin’s use of Hegel’s critique of Kant, contra Colletti, identifying Lenin’s capacity to occupy those Hegelian positions which affirm the superiority of the absolute, or process, over subject – with the twist that Lenin’s take on the Hegelian dialectic involves stopping the absolute from once again becoming subject, as it does in Hegel. Both texts embody the same principle of partisanship in philosophy: always being able to discern the new stakes of the battle against idealism, of creatively occupying enemy positions (in a sense, there are no others), finally, in Lecourt’s words ‘to break with a purely speculative practice of philosophy to discern instead,in social practice, what, at each moment, determines the form of the combat’ (112).

 

Works cited

Theodor W. Adorno, Negative Dialectics (London: Routledge, 1990)

Lucio Colletti, Il marxismo e Hegel (Bari: Laterza, 1969)

Dominique Lecourt’s, Une crise et son enjeu (Essai sur la position de Lénine en philosophie) (Paris: F. Maspéro, 1973)

Henri Lefebvre, Pour connaître la pensée de Lénine (Paris: Bordas, 1957

V.I. Lenin, Materialism and Empirio-Criticism (Moscow: International Publishers, 1970)

Herbert Marcuse, Soviet Marxism: A Critical Analysis (New York: Columbia University Press, 1958)

Maurice Merleau-Ponty, Adventures of the Dialectic (Evanston, IL: Northwestern University Press, 1973)

Simone Weil, ‘Sur le livre de Lénine «Matérialisme et empiriocriticisme»’ (1933), in Oppression et liberté (Paris: Gallimard, 1955)

Moishe Postone (1942-2018)

Moishe Postone (1942-2018) died in Chicago, Monday, March 19, 2018, after a battle with cancer.  A member of the Historical Materialism Advisory Board, he delivered one of the plenary talks at theHistorical Materialism conference in London last November (2017).  He became seriously ill some weeks after returning to Vienna.  He was working there this academic year at the Institut für die Wissenschaften vom Menschen (Institute for Human Sciences).

 A native of Canada, Moishe lived and worked in Frankfurt for over a decade in the 1970s and 1980s, completing a dissertation in 1983 under the direction of Iring Fetscher at the Goethe Universität in Frankfurt.  He returned to Chicago, where he had studied at the University of Chicago.  He worked first as a researcher at the University of Chicago Center for Psychosocial Studies before taking several academic positions at the University of Chicago, ultimately becoming the Thomas E. Donnelley Professor of Modern History at the University and the College, as well as a member of the Center for Jewish Studies at the University of Chicago.  He was co-director of the Chicago Center for Contemporary Theory and a founding editor of Critical Historical Studies, the journal sponsored by the center.

This year, 2018, marks the twenty-fifth anniversary of the publication of Postone’s most influential work, Time, Labor, and Social Domination: A Reinterpretation of Marx’s Critical Theory (Cambridge: Cambridge University Press, 1993).  It was the subject of a symposium inHistorical Materialism and has been translated into many languages.  It was preceded by a widely discussed essay “Anti-Semitism and National Socialism,” which appeared inGermans and Jews Since the Holocaust, Anson Rabinbach and Jack Zipes (eds.), New York: Holmes and Meier, 1986.  Moishe collaborated with Craig Calhoun and Edward LiPuma in co-editing Bourdieu: Critical Perspectives, Chicago and Cambridge: University of Chicago Press and Polity Press, 1993).

 

Remembering my friend Moishe Postone:

Moishe Postone introduced himself in the lobby of the philosophy building, Dantestrasse 4-6, next to the Institut für Sozialforschung, in Frankfurt in the fall of 1975.  He spotted me carrying an issue of Telos and came over.  That chance meeting changed my life.  It began an enduring and special friendship, as decades of conversations—some beginning after midnight in the Anatevka, an afterhours Frankfurt bar—followed about Marx, critical theory, and the world formed by capital and resistance to it.

Moishe was a deliberate but not scholastic reader of texts; he thought conceptually and historically in equal measure.  He took the time he needed: his dissertation was ten years in the making, followed by another decade of work before Time, Labor, and Social Domination appeared in 1993.  It was my privilege to be involved in those processes.  Moishe’s intellect was piercing, his mind large.  The horrors of twentieth-century history, colonization and anti-colonial struggles, world wars, hyperinflation and depression, and the genocidal devastation of the Holocaust were never out of mind, but he sought to understand this history’s movements and discover what grounds for hope could be found in them.  Thinking, for Moishe, was taking responsibility for the world.

Moishe was a thinker of the New Left.  He felt anguish over what Herbert Marcuse called “surplus repression.”  We sense it in Moishe’s most recent essay: “this gap between what is and what could be, allows for a future possibility that, increasingly, has become real historically.  It is this gap that constitutes the basis for a historical critique of what is.”[1]  Moishe was a graduate student at the University of Chicago during the height of the student and anti-war movements.  In the summer of 1969, SDS, the foremost New Left group in the US, splintered at its convention in Chicago.  By the time that Moishe left Chicago in the early 1970s to teach briefly at Ramapo College in New Jersey before moving to Frankfurt, the New Left was dissolving, with some factions turning toward extralegal actions, others toward Maoism or Old Left communism, and others fading away.  At the same time, feminism was resurgent and other social movements were rising.  Several journals, including Telos andNew German Critique, offered a space for New Left thinkers to develop and to engage currents of critical theory imported largely from Europe.  Reading theGrundrisse when it came out in a full English translation in 1973 was, I believe, a defining moment for Moishe.  The idea that capital is its own barrier stuck with him.  Moishe’s 1974-5 essay inTelos with Helmut Reinicke, “On Nicolaus,” gave a first look into his reading of theGrundrisse.[2]

As the birthplace of Frankfurt School critical theory, Frankfurt was a home to the New Left.  Exiled from France after May 68, Daniel Cohn-Bendit set up the Karl Marx Bookstore on the edge of Goethe Universität in Frankfurt.  From Frankfurt, it was easier to recognize the New Left as an international phenomenon—always an important point for Moishe.  The Frankfurt SDS had been led by the brilliant activist and thinker Hans Jürgen Krahl, one of several students of Theodor Adorno who were developing “die neue Marx Lektüre.”  On this new reading, Marx was a critic of political economy, not a critical political economist.  Marx’s theory of value was not a radicalized version of the classical, Ricardian one; it was a theory of the social form of labor in capitalism.  Marx’s revolutionary aim was not to redistribute value but to overthrow value as the measure of wealth and surplus-value as the aim of production. 

For Moishe, the important question of the distribution of wealth in capitalism was preceded by the question of the social form and purpose constitutive of wealth and labor in capitalism.  He criticized traditional Marxism for its transhistorical (Ricardian) conception of value as embodied “labor.”  No.  Value is a socially specific form of wealth that gives capitalism its double character and “heteronomous” historical dynamic.  The centerpiece of Moishe’s reinterpretation of Marx lies in what he calls the value treadmill.  Because abstract labor forms the substance of value whereas productive power is a concrete feature of labor, increases in the productive power of labor yield more use-values (useful things) per hour but not more value.  In the short run, increasing the productive power of one’s workers gives one a competitive advantage that results in extra surplus value but only until one’s competitors adopt the more productive methods.  If the productive power of labor keeps increasing, value (whose magnitude is labor time) as the measure of wealth becomes increasingly anachronistic and what Moishe called shearing pressures mount.  In “The Current Crisis and the Anachronism of Value: A Marxian Reading” (2017), Moishe focuses on climate change and the “crisis of work” as two manifestations of the shearing pressures created as value (not the theory of value) becomes anachronistic, while the value forms constituting capitalist production keep being reproduced.

Moishe took in earnest Marx’s statement in the Grundrisse that“the exact development of the concept of capital [is] necessary, since it [is] the fundamental concept of modern economics, just as capital itself … [is] the foundation of bourgeois society”.[3]  In thinking about class in capitalist society, Moishe was guided by Marx’s observation that “classes are an empty word if I do not know the elements on which they are based.  For example, wage-labor, capital etc.”[4]  That led him to identify “the ‘essential relations’ of capitalism” as “the forms of social mediation expressed by the categories such as commodity, value, capital, and surplus value.”[5]  Classes in capitalism exist and are to be understood in that context.

Moishe was wary of forms of anti-capitalism that did not first come to grips with capital.  That gave urgency to his own efforts to plumb capital’s depths.  Political efforts to overthrow capitalism rooted in traditional Marxist or Ricardian socialist ideas could not bring about the revolutionary transformation away from capital’s domination aimed at by Marx’s critical theory.  Moishe’s essay “Anti-Semitism and National Socialism,” from 1986, revealed how destructive a perverse strain of anti-capitalism could be.  

For Moishe, capital gave history a direction that it does not have on its own: capital was the truth of what Hegel called spirit, Geist, in hisPhenomenology of Spirit.  Moishe saw idealism as the “rational core” of Hegel’s dialectic in its gesturing to capitalism’s “domination by abstractions.”  History may not be on our side, but, because of its dynamic, contradictory double character, constantly constraining the new by the increasingly anachronistic social forms of value and surplus-value, capital generates precarious possibilities for an end to exploitation and domination.

Though I took Time, Labor, and Social Domination, with its forceful criticisms of Friedrich Pollock, Max Horkheimer, and Jürgen Habermas, to be offering a reinterpretation of Marx’s critical theory as an alternative to the Frankfurt School, recent scholarship suggests that a reading of Marx as a critic of political economy such as Moishe’s counts as a branch of Frankfurt School critical theory with roots in Adorno, and more particularly, Adorno’s students Alfred Schmidt, Hans-Georg Backhaus, Helmut Reichelt, Hans Jürgen Krahl, Helmut Reinicke, and more.[6]

Moishe lived and thought with style, grace, and large purpose.  A visit with Moishe, whether over the phone or in person, was always a special occasion.  It is hard to think now of never picking up the phone to say, “Hello, Moishe, it’s Patrick.”

 

Patrick Murray

jpm AT creighton.edu

 


[1]“The Current Crisis and the Anachronism of Value: A Marxian Reading.” Continental Thought & Theory, Volume 1, Issue 4: 150 years ofCapital, 53.

[2]Moishe Postone and Helmut Reinicke, “On Nicolaus’s ‘Introduction’ to the Grundrisse,Telos 22 (Winter 1974-75), 130-48.

[3]Karl Marx, Grundrisse, 331.

[4]Introduction to the Grundrisse, inTexts on Method, edited by Terrell Carver, 72.

[5]“The Current Crisis and the Anachronism of Value,” 48.

[6]See contributions from Dirk Braunstein, Christian Lotz, Werner Bonefeld, and Chris O’Kane.

The Riddle of the Revolution: Between Truth and Totality

Lea Kuhar is a young research fellow at the Philosophical institute, Research Centre of the Slovenian Academy of Science and Arts (ZRC SAZU) and a PhD candidate in philosophy at the Postgraduate School ZRC SAZU where she is researching the topic of the Marxian Critique of political economy and modern political philosophy. She is also a co-worker and a member of the program committee of the Institute of Labor studies.  Email: lkuhar@zrc-sazu.si

Der Einzelne hat zwei Augen

Costas Lapavitsas: Money, money, money

Interviewed by Benjamin Bürbaumer

Originally published in French in Periode: http://revueperiode.net/money-money-money-entretien-avec-costas-lapavitsas/.

 

BB: How would you describe your intellectual and political trajectory between Greece and England?

CL: I went to Britain when I was very young. I came out of the ferment in Greece after the fall of the Regime of the Colonels, so I participated in that period of very intense politicization. I also come form a left-wing family tradition. I was a Marxist and a socialist long before university, I didn't discover Marx at university. But I went to Britain very young- in the late 1970s – so my development has always been in the British and European left. I have been participating in the political and intellectual life in Britain and the rest of Europe for a long time now. In that sens, getting involved in Greek economic and political debates in the last 7 years was for me a return to Greece. But whatever I have done I tried to maintain distinctive aspects in my work that come from my Greek cultural origins. I firmly believe that we need to bring into social science something that we have from our selves and our own development. If we simply reproduce something we learned elsewhere we become hobbies.

BB: Profiting without Producing and also your brand newMarxist Monetary Theory draw on Hilferding'sFinancial Capital but also highlight its shortcomings. What are Hilferdings main theoretical insights for understanding contemporary capitalism?

CL: Let me first of all say that Hilferding, with whom I have profound political differences, is in terms of economics the only Marxist of the 20th century to have the claim to belong to the tradition of monetary theorists. Hilferding isn't just a Marxist political economist, he is also an important monetary theorist in his own right, and the only Marxist in that field in my judgment. Monetary in the broad sens, not so much because of what he has to say on money, but much more because of what he has to say on finance. The real contribution of Hilferding was on finance and without Hilferding it is very difficult to understand finance today. Hilferding is fundamental to any monetary theory of Marxist description for today. He offered two very important things. The first is an innovative way of analyzing the relationship between industrial capital and financial capital. He has understood financial capital for what it is: a separate type of capital and analyzed it separately. He explained the organic links with industrial capital. I would argue that the connection today isn't the same as then but the understanding and the way to analyze it comes from Hilferding. The second point is that Hilferding analyzed profit, financial profit. The return to financial capital, the connection between financial and industrial profit in innovative ways, is something which Marxist economics, at least in the anglosaxon tradition, has begun to understand only recently. 100 years after the publication of Hilferding's book. So in that regard too he is a very important Marxist theorist. Obviously, a last point, not so much about theory, Hilfdering was fundamental in understanding the change of periods in capitalism, which of course, Lenin took when he formulated his theory of imperialism. So that's a broader concern.

BB: Recently, empirical data at hand, Marxists such as Andrew Kliman and Michael Roberts repeatedly argued for the law of the tendency of the rate of profit to fall as the general cause of crisis. What role does this tendency play in your account of the 2007 crisis which is based on the pivotal role of finance?

CL: When i look on the development of the Marxist political economy, especially during the last 3-4 decades of the 20th century, to be honest I'm amazed. During that period a tendency has emerged explaining everything pretty much in terms of some putative tendency of the profit rate to fall. This kind of thinking has somehow mutated into the Marxist account of the macroeconomic performance of capitalism and the behavior of capitalism over time. I want to stress that this understanding, particularly the tendency of the rate of profit to fall because of the organic composition of capital, this understanding of explaining everything is a very new thing. Classical Marxists, Marx himself never did that. You won't find it in the great Marxists at the beginning of the 20th century, Rosa Luxemburg, Lenin, Hilferding, Kautsky , Otto Bauser, you won't find it in these people, and historically they were the best of the Marxists. You will not find it in Marx and Engels. This is a creation of the end of 20th century and it reflects in my judgment a decline of Marxism. It is Marxism becoming a narrow self-referential kind of intellectual endeavor, which has found some kind of principle and then keeps turning around it, irrespective of what the rest of the world says. So, in theoretical terms I find this kind of practice by Marxists terribly poor and saddening. It tells you very little in theoretical terms. Empirically it has no substance at all. I measured the rate of profit time and again. In fact, I'm publishing work now serious empirical work on the rate of profit in the USA and there is no evidence that it has been falling in any serious ways since the early 1980s. Of course it fluctuates but there has been no evidence that is has been falling in the long term. So neither theoretically nor empirically it makes sens. In terms of the theory of crisis finally, I want to stress something very important: crises are very complex events. A theory of crises is a very complex thing, by its own nature. To think that because presumably you have shown a decline in the rate of profit, let's say, because you have shown that there will be a crisis is to misunderstand what a crisis is. Often many of these so-called theories, basically demonstrate somehow a decline in the rate of profit, often to invent the decline and then on the basis of that add some kind of low level of sociology which presumably explains what the results are from the rate of profit. I don't like this kind of Marxism, I think it is confusing, misleading. The sooner Marxist theory gets out of this the better for all of us. Politically, as well it is appalling. The emphasis on the rate of profit to fall is a direct reflection of the political relevance of much Marxism. The less influential Marxism becomes among real people the more you stress the tendency of the rate of profit to fall. A lot of people think that if they demonstrated somehow that the rate of profit is falling, they are being revolutionary. Because they are showing that capitalism generates crisis and that capitalism will somehow create impossible situations for working people. They achieve nothing with that. It's pointless for political purpose. It's a reflection of political weakness. We need complex arguments that make sense. I've been involved in politics in Greece in the last years and i can tell you that if you start you analysis with the rate of profit to fall, most people don't know what you're talking about. And there are parties in Greece that reproduce that analysis, such as the Communist party, but they have been utterly irrelevant to political events in Greece in the last few years.

BB: Where does today's financialized accumulation come from? You mention 3 underlying tendencies which are monopolization, restructured banks and the consumption of workers.

CL: I think financialization is a very important dimension to contemporary capitalism and I understand it as a period in historic development. And as you indicated in your question, one must start with productive capital. Of course the rise of big business, monopoly capital, whatever you call it and its own behavior is very important. What we observe there, and it holds in France, it holds in Germany, it holds in England and the USA , is that that big business at the moment doesn't depend on banks as much as it used to. This is a fundamental point. For a long time big business has been in command over substantial money resources, capital which it doesn't it invest domestically. We have weak investment and huge availability of financial capital, and the use of this by big business to extract financial profit. Financialization starts with that. It is the result of underlying developments in the mode of production and the result of institutional changes in the state, the frame of the financial system and its own regulations. This remains the core reality, and the fastest financializing country is France. So that's were it starts. Then of course, there are changes in banks. Banking capital has its own logic. Banking capital is not some kind of capital that is dragged along by big business or alternatively commands big business, it has its own logic. It doesn't work towards big business in the way Hilfdering assumed it 100 years ago, or as Lenin assumed. And if the prospects of profitability from lending to big business are not very good, big banks will do other things. In that respect we have a change in banking. Banks are more geared in making profit out of transactions, out of dealing in big markets and out of lending to ordinary people and households. And as you know from my book, that's the 3rd thing that is very important: the penetration into households. That in some ways is the most evident aspect of financialization, the aspect that all of us see. Modern capitalism is very unusual in this respect. And that has economic and non-economic aspects. Of course households have economic behavior but there are also non-economic in what they do because people aren't businesses. You've got a family, to have to bring up children, you got to recreate labor power. This in not directly an economic process. So how finance connects to you is a very complex process that varies from country to country. But what we have is the extraction of profits directly form households, directly from workers. This is a new phenomenon. Value transfer from individuals and households directly to the financial institutions, this a very important development in the behavior of finance and households. A new form of exploitation.

BB: The Monthly Review current but also Giovanni Arrighi claim that there has been an epochal shift in the balance between the spheres of production and circulation, in favour of the latter. Similarly, there is the figure of banks as monied capitalists, often considered as rentier, distant from production, and predatory toward accumulation. Could you explain more broadly the relationship between finance and real accumulation?

CL: Finance is a very old thing. In fact we have evidence of financial transactions in classical Greece and ancient Rome. Very sophisticated transactions and clearly capitalistic, capitalistic in the sens of investing money to make money profit, which is the most basic dimension of capitalism. So financial capitalism is a very ancient thing. It existed long before the capitalist mode of production. These people knew how to make profits in a variety of ways, they don't needed a capitalist mode of production to make financial profits. This knowledge is there since, as it is inherent in being finance, working with money and money capital. That also contains a predatory element, because finance is a step removed from production and it makes profit out of real production, whether it is capitalistic or not. So ultimately finance doesn't care about production and if it makes profit by squeezing productive capital it will do so. So the predatory element is always there toward production and individuals. Finance will destroy individuals as we know from a long tradition. Industrial capitalism in the way Karl Marx and the great political economists discussed it in some ways was an unusual period. What happened in the years of intensified industrial capitalism is that for the first time in the history of humanity a system of finance emerged, not just financial activity. So a structured system of finance emerged. And this system was mobilized to serve the interest of industrial capital. As Karl Marx said financial capital is subordinated to industrial capital and serves it. And indeed that's how it worked in the 19th century in England and elsewhere. This is the classical model that Marx had in mind, where banking, stock markets and financial institutions served the accumulation of productive industrial capital. The 20th is very different, and 21th is again different. What we observed with the maturing capitalism is of course a break in this simple way of formulating and an increasing autonomy of financial capital. Financial capital has always had some potential for autonomy but in the 19th century it was kept under control by industrial capital. In the 20th century autonomy increased and even more with financialisaiton. With Hilferding we can think the autonomy of financial capital reestablishing itself and dominating industrial capital. It's a reversal of what Marx had argued, and this is Lenin's classical imperialism. During the 20th century industrialists came back and pushed financial capital back down during the period o f Keynesianism. Now finacializaiton can be considered as a second period of renewed ascendency of finance. This time, not by controlling industrial capital but by making profits in a variety of ways, by dealing with individuals and giving to the financial system a profound degree of independence, where it can expand in a variety of ways. This has happened while the industrial capital in the west hasn't been growing very much and where profits, although not falling, have not been rising significantly. So we have a re-balancing of the capitalist economy in the last 40 years in a way that is historically unprecedented. Finance expanded, production is more stagnant. This is financialization and it means some ancient tendencies reasserting themselves and Marxism needs to take that into account and needs to think innovatively and creatively.

BB: You consider that the crisis that has been triggered in 2007 is a peculiar one because of the distinctive significance of finance, which has its own internal logic. In this context, you hold that money is the basis from which credit and finance derive. What are the foundations of a Marxist monetary theory today?

CL: You've asked me 2 things. The crisis 2007-2009 isn't due to a falling rate of profit. Let's begin with that. Those who think that and that they are defending Marxism because they link it to some reality of capitalist economy are misguided. It's irrelevant. The crisis emanated from the heart of capitalism, but the heart of capitalism contains finance. The crisis emanated from very peculiar events. Just think about it: it is the fact that the poorest section of the US working class had borrowed very heavily, couldn't repay it, and these housing debts triggered a gigantic global crisis. In the context of Karl Marx this would have been unthinkable. And that tells you the transformations of capitalism and how we should integrate finance. Money is of course at the foundations of finance for a Marxist approach. And its importance has been demonstrated very vividly since the crisis. Marxist theory of money has also been a very problematic field for many reasons. In the Anglo-saxon world Marxist theory of money has historically been very week. In the German tradition and even more in the Japanese tradition it has always been much stronger. Only gradually its getting better in the Anglo-saxon world. My approach to it is this: logically, we must understand money as a commodity, as Marx said. But this is only the beginning. Once we understood it as a commodity then the next thing is to understand the evolution of money and the particular way in which credit money and fiat money work. These are the two most important forms of money for modern capitalism. Contemporary money from this perspective very important for 2 reasons. First of all, the great bulk of it is created by private banks through the credit mechanism. Second, and even more important, the foundation of this system, the ultimate means of payment, the legal tender is state fiat, convertible into nothing. It 's a promise to pay itself, nothing else, produced by the state through the banking system. That's what makes it different: it is fiat but produced through the banking system. This gives to the modern state enormous power: it allows him to drive interest rates down to 0 – which is unprecedented in the history of capitalism – essentially by producing huge amounts of this fiat money, which is possessed by banks. So what we witness today is a incredible explosion of the hoarding tendency. In gigantic dimensions this money produced by the state is hoarded by banks. So it is the ability of the state to create money and to put it in the hands of the banks that has allowed the modern state to deal with the crisis. Without that it would have been impossible. It is also this ability of the state to create money in this way, that has allowed the state to support financialization. This power of the state is placed at the service of the financial system. It allows the financial system to obtain liquidity, it drives interest rates down, it subsidizes the financial system by creating gaps between interest paid and interest received. It is a very powerful lever of managing the capitalist economy and supporting finance. That's for the domestic system. Internationally, the role of money is more complex and there it's the opposite of the domestic system. In the domestic use of money we have a degree of knowledge and management, according to specific purposes. Internationally, it's the opposite, anarchy. There is no money that can operate like that, there is no structure serving these purposes in the world markets. We have competition between states, contest between big businesses for payment, for transaction, for shifting wealth. These contests are mediated by forms of money created by powerful states, mainly the USA but also the EU to a certain extent, which compete with each other, but which are unstable. This is a source of the global uncertainty and instability which we are witnessing at the moment. We have been on the brink of a currency of a currency war for 2 years now. Whether it will break out we don't know but it shows the instability of the system globally. The international dimension of money, i can see no prospect of stabilizing it. Therefore, all the vast contradictions of the global capitalist system are manifested there.

BB: The concept of fictitious capital is relatively widespread in current debates. Could you explain the difference between financial profit from holding equity and financial profit from trading financial assets? And linked to that question, why is the figure of the speculator inadequate for the analysis of financial profit resulting from trading financial assets?

CL: I'm very skeptical of the use of the concept of fictitious capital and much of the debate around the figure of the speculator. Fictitious capital and speculation exist but I'm skeptical of stressing these things because it's the other side of the coin of the tendency of the profit rate to fall. Usually, that kind of Marxist analysis starts with the tendency of the rate of profit to fall and thinks it explains the world, and once it has done that it adds fictitious capital and speculators and thinks it has explained finance. So it is an incredibly jumbo. Now, fictitious capital is an idea that Karl Marx used, the simplest way to understand it is as net present value. Those who do finance will know that. To impute a monetary value to some fictitious capital that corresponds to the regular payment that one receives. You can do that, finance does it all the time. Marx was aware of this and said it is fictitious, and he was right. But there is no capital of this type. When you receive money regularly it doesn’t mean that there is some capital behind. If trade it however, if you trade the right to receive those payments you create a price for it, which is how finance works. You create a piece of paper that corresponds to this capital and gives you a right on payment, then someone has to pay money for it. That money isn't fictitious, it's real. When we talk about fictitious capital that's one thing, but it doesn't mean that the capital we observe in the financial markets is fictitious, far from it. This capital should be understood as loanable money capital. That's the real concept we need for finance. What Marxist theory should be spending its time discussing is loanable money capital, because fictitious capital is basically a widows cruse. It's a pot out of anything can come. It gives you very little intellectual leverage. The real issue is loanable money capital. Which allows to understand the real capital that is available in the money form and is transacted among participants in financial markets, through borrowing and lending usually, creating often buying and selling transactions. This takes the form of fictitious capital, it creates fictitious capital but underneath there is a reality of it which corresponds to loanable money capital. In my work, I've been concerned to point precisely this out. To find the bridge, because the profits out of finance are not fictitious, they are very real and made out of loanable money capital. So what happens there? Two things which are analytically and politically important. First, real profits emerge because some agents obtain rights to future flows of value. That can be future profits, wages, future anything. You obtain rights of that and accumulate them. That's a real source of return. The second thing that happens is the difference in monetary value between what you paid for a financial asset and what you receive for it. Capital gains, if you wanna call it like that, or capital losses. These are one-off differences in absolute terms of value, these are value transfers, they aren't flows and that's another mechanism of profit making in the financial markets. Financial profits then should be analyzed through a combination of these 2 things: change in the rights of future flows of value and change in differences in money paid and money received to obtain assets, capital gains. Here a key analytical instrument comes from Hilferding. Much of those capital gains, or the access to profits will depend on the rate of return, and on the rate of interest on the market. Hilferding was the first Marxist to analyze that, to analyze the systematic difference between the rate of profit and the rate of interest. He proposed the concept of „profit of enterprise“. Marxists should spend their time analyzing this instead of trying to show that the rate of profit is falling.

BB: To what extent has financialisation transformed the social relations in developed capitalist countries?

CL: Tremendously, that the simple answer because the change is enormous. One thing we need to stress is that we don't really have the return of the financial rentier. People extract rent, they extract financial profit but they don't seem to extract it by lending money or making money available. The rentier here, in the traditional political economy is the person that lends loanable money capital and makes it available. Such a thing is not immediately happening, this is not the age of the rentier. This is the age of the financial institution related to industrial business in an unusually way. It's the age of institutional finance in a very complex fashion, that mobilized funding from across society. From the perspective of workers the transformation brought by financialisation is very important. Finance has penetrated individual life. On the side of debt but also on the side of asset. Typically people in the Marxist tradition or on the left look at the side of debt only. And they think that this is how financialisaiton works, because of course indebtedness has increased. And often there is an analysis that says that debt has increased because income isn't high enough. People borrow to maintain their standard of living. This is fallacious thinking. It's just not possible to increase private debt systematically for 30 years because income isn't enough. Financial institutions that would have done that would have gone bankrupt a long time ago. So there are different processes. It isn't simply that wages are not high enough, of course real wages in many countries like the US have been stagnant for a long time, but the reason why people increased their personal debt is far more complex. The biggest element of debt is for mortgages, for housing, only a smaller part is insecure borrowing for consumption and even there we don't know exactly what is going on. Now, I suggest, the reason why this has increased in many countries is related to the development of real income, but more heavily, more closely it is related to the provision for basic goods, that households need: housing, eduction, health and so on, that make the consumption basket of the working class. Most provisions there moved away from social provision towards private provision. Private provision has been mediated increasingly by the financial system. Fiancliasation works in that way. So people became more heavily indebted because of commercialization of these activities, mediated by the financial system. Without negating the role of wage, the problem is much more complicated for the individual worker and household. And it affects the behavior of the worker. The workers feels the pressure of debt, he or she has a different behavior on the workplace, the worker feels that he or she can obtain goods from a variety of private providers, the mentality of the worker changes as a result because it's a constant process of keeping pennies and pounds in order and in place. A muzzle pressure comes from housing, which brings me to the assets. The left only looks at the liabilities of the workers but working people also have assets, and also financial assets. They have financial assets for pensions, a lot of workers put money aside for pensions and this is a big deal for them, and housing can be thought as an asset. You have your mortgage but you also have your house. So on the asset side finacialisation is also very prominent. People learn how to play with their house, expecting to make profits and that’s a very important mental process. People also come to rely heavily on private providers of pensions on the asset side and there again they might lose money or acquire rights in complex ways. So fnancialisation also works on the asset side, making profits for financial institutions. The combination of these two sides makes powerful results, which we see in everyday life. This doesn't only affect the middle class, but the working class also knows it very well. That creates new political pressures on the left. We must be able to offer concrete proposals to working people in this situation and know how to deal with the pressures they're facing.

BB: Regarding the countries in the periphery you claim that there has been no return to formal imperialism, but financialization in developing countries takes a subordinated character which is linked to the hierarchical nature of the world market. What are the features of subordinate financialization?

CL: That in some ways is the most interesting developments of the last 15 years in terms of the global system. We don't have a return to imperialism in the classical way. Those who consider that we have a return to imperialism in the way Lenin meant it have not studied Lenin carefully. Because Lenin talks about monopolization and unity of finance, banks and big business, which imposes trade controls, dominates the globe and redivides it. None of that is observable. And yet, we do have aggressive finance dominating the globe and penetrating everywhere, together with business, which is financialising itself. We do have forms of imperial imposition but not in the way Lenin meant it, which is why we don't have similar phenomena. There is no empire in the formal sens. On the contrary, what we see is that when these aggressive states intervene, they create chaos. Instead of creating empire and dominating and integrating it in their own system of control. The US, in particular since the 1990s, has created chaos when it intervened: in Iraq, Afghanistan, Libya and the Balkans. So imperial presence is there, it's aggressive, it's destabilizing and it's driven by the expansion of finance and the expansion of big business, establishing outposts everywhere but not in Lenin's way. For a long time, the imperialists wished to maintain open borders, free trade and free movement of finance. How that will end up we will see. In the same context, for the last 40 years we have had financialization, also in the emerging world, in the middle income countries, but not in the poorest. There foreign banks have penetrated and transformed the domestic system along the lines discussed previously (especially regarding households in countries like Turkey, India, Mexico, South Africa...). This has had implications for a variety of developing countries. What is interesting is that that financialization is clearly derivative of the financialization of the main countries. There financialization has occurred and expanded while these countries were growing and therefore it shows that financialisation doesn't necessarily mean stagnant production. The big unknown here is China, which might change everything. China is the last front in this regard because its economy is enormous, the financial system too, but China isn't yet financialized in the way that the mature or several developing countries are. In China we still have a broad outline of a financial system that serves the purposes of capitalist accumulation. We have the outlines of a system that is there to promote investment in big business, the extraction of profit from industry. That can still create financial bubbles or over-extension of credit, but in key ways it still serves the interests of productive accumulation. The are two reasons for that. First, the continuing role of the state. Much of the Chinese financial system is state operated. Second, the Chinese financial system is still not fully internationalized, there are still controls over the flows of capital. If China financializes, like Britain or the US or another core country, then we will have gigantic phenomena in the world economy. We need to think carefully about that if and when it happens.

    Nick Dyer-Witheford: Cyber-Marx

    Interviewed by Marc-Antoine Pencolé

    A French version of this interview was originally published at http://revueperiode.net/cyber-marx-entretien-avec-nick-dyer-witheford/

    We often say with some emphasis that information and communication technologies will soon bring the end of work, and therefore the disappearance of proletariat. Nick Dyer-Witheford adresses that new illusion, intrinsic to actual capitalism, by accounting for the generation of “surplus population” on a scale unseen before. There is no substitution of immaterial labour (or cognitive capitalism) to its traditional, material form, but polarisation : technology doesn’t lead to the aboliton of class composition but to its reconfiguration. The goal becomes then to determine how the different forms of exploitation are interacting, and how that will shape the future of cyber-proletarian struggles. (Période magazine)

    • Every two months now, a new bestseller announces another disruption or even revolution of work and production elicited by technological progress: Richard Florida’s rise of the « creative class », Jeremy Rifkin’s « end of work » and « eclipse of capitalism », Martin Ford’s « jobless future », the « fourth industrial revolution » promoted by Klaus Schwab and the German government, etc... And yet, following authors like Ursula Huws1, you chose to name your last bookCyber-proletariat2, claiming that there still is a working class. Why would it still be relevant?

    Jairus Banaji: Towards a New Marxist Historiography

    Interviewed by Félix Boggio Éwanjée-Épée and Frédéric Monferrand

    A French version of this interview was originally published at http://revueperiode.net/pour-une-nouvelle-historiographie-marxiste-entretien-avec-jairus-banaji/

    • When one takes a look at your published works, one notices a great variety of interests, from Value-Form Theory (“From the commodity to Capital: Hegel's dialectic in Marx'sCapital”), to Critical Theories of Fascism (Fascism: Essays on Europe and India) and to Marxist historiography and historical theory(Theory as History). Should one consider this various interests as different interventions within heterogeneous fields of research or is there a continuity and systematicity to be found in your work ?

    Nathaniel Mills: Ragged Revolutionaries

    Interviewed by Selim Nadi

    A French version of this interview was originally published at http://revueperiode.net/revolutionnaires-en-haillons-entretien-avec-nathaniel-mills/

    • In your book – Ragged Revolutionaries (University of Massachusetts Press, 2017) – you look at how African American authors (and especially members of the Communist Party of the USA, or close to it) have rethought the concept of theLumpenproletariat in “order to better explicate the socioeconomic and cultural structures of the modern United States” (p. 3). The fact that the concept ofLumpenproletariat is rather negatively-worded in “classical” Marxism and that African American leftists have reconceptualise it is a very interesting point, but why did you focus on authors and on literature? And why especially during the Depression-Era?

    Catherine Bergin: Communism and Experiences of Race

    Interviewed by Selim Nadi

    A French version of this interview was originally published at http://revueperiode.net/chester-himes-ralph-ellison-richard-wright-communisme-et-experiences-vecues-de-la-race-un-entretien-avec-catherine-bergin/

    • In the introduction of the book you have edited, African American Anti-Colonial Thought, 1917-1937, you write that one of the reasons why you choose to focus on this specific period is because “[t]his historical period also saw a novel relationship between African American activists and the Left in the USA, a relationship that strongly informed the race politics of the time” (p. 2). Could you please explain this point?

    Kylie Jarrett: Feminism, labour and digital media

    Interviewed by Marc-Antoine Pencolé

    A French version of this interview was originally published at http://revueperiode.net/des-salaires-pour-facebooker-du-feminisme-a-la-cyber-exploitation-entretien-avec-kylie-jarrett/

     

    • You recently published Feminism, labour and digital media : the digital housewife[1], in which you tried to frame the booming empirical research about digital technologies on the ground of post-operaist marxism and digital labour theories on the one hand, and of feminism on the other. What is decisive in the contribution of the first two ? Why should we put political economy, and even more specifically the concept of labour, at the core of our understanding of digital mediations?

    Christian Fuchs: Internet and Class Struggle

    Interviewed by Benjamin Bürbaumer

    A French version of this interview was originally published at http://revueperiode.net/internet-et-lutte-des-classes/

    • Your book Digital Labour and Karl Marx offers an inspiring analysis of things we daily do, such as browsing on the internet, using social media... What motivated you to develop a Marxist theory of communication?

    John Sexton: The Congress of the Toilers of the Far East

    Interviewed by Selim Nadi

    A French version of this interview was originally published at http://revueperiode.net/le-congres-des-travailleurs-dextreme-orient-entretien-avec-john-sexton/

    • Could you please tell us about the origins of the Congress of the Toilers of the Far East (1922)? Why was this Congress much smaller than the Baku Congress (1920)? How can one explain that there were around 37 Nationalities in Baku but that the majority of the delegates during the Congress of the Toilers of the Far East came only from four countries (China, Japan, Korea, and Mongolia)?