Crack capitalism: John Holloway, reading Capital: wealth in-against-and-beyond value

John Holloway will be presenting his latest work ‘Reading Capital: Wealth in-against-and-beyond value’ at the University of Lincoln on 16th of June, 1 – 4pm in Room MB1012. John’s reading and writings on Marxist social theory are highly influential as a way of rethinking Marx in terms of ‘Change the World Without Taking Power’ (2005) and abolishing the social relations of capitalist production through acts of resistance, as ways to ‘Crack Capitalism’ (2010). In this new work ‘Reading Capital’ John points out that Capital does not start with the commodity, as Marx and probably all commentators since Marx have claimed. It actually starts with wealth: “The wealth of societies in which the capitalist mode of production prevails appears as an ‘immense collection of commodities’ …” Seeing wealth and not the commodity as the starting point has enormous consequences, both theoretically and politically. To say that Capital starts not with the commodity but with wealth is both revolutionary and self-evident. The challenge is to trace this antagonism through the three volumes of Capital. This is the theme of the talk