The Nature of Capital: Marx after Foucault

The Nature of Capital: Marx After Foucaultoverturns the received wisdom on the incompatibility of the thought of Marx and Foucault to develop an original synthesis based on a critical realist re-reading of their work, and to understanding the postmodern condition.

List of figures

xii

List of tables

xiii

Acknowledgements

xiv

Apologia

xvi

Credits

xvii

PART I Discovering what is real

1

(46)

Marketing postmodernity: `just like reality, only better'

3

(12)

Introduction

3

(1)

The postmodern market-place: the hyperreal mall

3

(5)

The postmodern workplace: the virtual university

8

(3)

Reengineering modernity: marketing change

11

(4)

Postmodernity and capital: a personal retrospective

15

(12)

Introduction

15

(1)

Beyond `control': reading Marx retroductively

15

(4)

The modernist Marx versus the postmodern Foucault

19

(6)

A third way: Marx <--- realism ---> Foucault

25

(2)

Retroduction and realism: how to theorize

27

(20)

Introduction

27

(1)

What is real?

27

(4)

How do we know what exists?

31

(8)

The nature of social objects

39

(8)

PART II Conclusions in search of a premise: formulating the problem of modernity

47

(40)

Beyond good and evil: the modern Manicheism

49

(17)

Introduction

49

(1)

The modern Prometheus

50

(2)

`The doubts which assailed me': the Rheinische Zeitung

52

(2)

The modern Manicheism: civil society and political state

54

(7)

Marx's early excavations

61

(5)

Everything pregnant with its contrary: nothing constant but change

66

(21)

Introduction

66

(1)

Forays to the surface: the counter-critiques

67

(10)

Redefining P123: how to explain modernization

77

(10)

PART III The unknown masterpiece: Marx's model of capital

87

(60)

The inner connection: production, distribution and circulation

89

(27)

Introduction

89

(2)

How to read the `rough draft'

91

(12)

An ironic travesty: the 1859 Preface

103

(5)

Some errors of traditional Marxism

108

(2)

The unknown masterpiece

110

(2)

The lesson of The Origin of Species

112

(4)

The nature of capital: surface, structure, movement

116

(31)

Introduction

116

(1)

Capital as a cell: society's genetic code

117

(2)

The metaphor of movement: value and gravity

119

(2)

Imagining capital: surface, structure, movement

121

(2)

Capital's structure: relations of production

123

(12)

Capital's movement: mode of production

135

(7)

The missing mechanics of capital's motion

142

(5)

PART IV: Capital: society's law of motion and microphysics

147

(58)

How labour is organized into a productive force: cost accounting, IR and HRM

149

(28)

Introduction

149

(1)

Productive `forces' and abstract labour

150

(5)

Disciplinary power

155

(15)

A political technology of the body

170

(7)

The promised `connected whole': Marx, critical realism and Foucault

177

(16)

Introduction

177

(1)

Marx and Foucault revisited

177

(4)

Foucault: a realist reading

181

(9)

Marx and Foucault: the promised `connected whole'

190

(3)

Working capital to the surface: explaining the here and now

193

(12)

Introduction

193

(1)

The problem redefined

194

(2)

The materialism of civil society and the fetishism of things

196

(2)

The idealism of the state and the reification of concepts

198

(2)

Discovering liberties: inventing disciplines

200

(2)

Capital and postmodernity

202

(3)

Notes

205

(13)

Bibliography

218

(12)

Index

230

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The Nature of Capital: Marx after Foucault

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Table of Contents

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