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Knowledge, Class, and Economics


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Table of Contents

List of Figures and Tables

List of Contributors

Introduction: Marxism without guarantees Richard McIntyre, Theodore Burczak, and Robert Garnett Contributors Part I: Knowledge, class, and economics Chapter One A Conversation with Rick Wolff Richard McIntyre Part II: Economics without guarantees Chapter Two Strangers in a Strange Land: A Marxian Critique of Economics David F. Ruccio Chapter Three Marxian Economics without Teleology: The Big New Life of Class Bruce Norton Chapter Four Class-Analytic Marxism and the Recovery of the Marxian Theory of Enterprise Erik Olsen Chapter Five Uncertainty and Overdetermination Donald W. Katzner Chapter Six Catallactic Marxism: Marx, Hayek, and the Market Ted Burczak Part III: Labor, value, and class Chapter Seven Class and Overdetermination: Value Theory and the Core of Resnick and Wolff's Marxism Bruce Roberts Chapter Eight Wolff and Resnick's Interpretation of Marx's Theory of Value and Surplus-Value: Where's the Money? Fred Moseley Chapter Nine Rethinking Labor: Surplus, Class, and Justice Faruk Eray Duzenli Part IV: Heretical materialism Chapter Ten The Last Instance: Resnick and Wolff at the Point of Heresy Warren Montag Chapter Eleven Aleatory Marxism: Resnick, Wolff, and the Revivification of Althusser Joseph W. Childers Chapter Twelve Process: Tracing Connections and Consequences Yahya M. Madra Part V: Appraising the postmodern turn Chapter Thirteen Marxism's Double Task: Deconstructing and Reconstructing Postmodernism Jan Rehmann Chapter Fourteen Overdetermination: The Ethical Moment George DeMartino Chapter Fifteen The Cost of Anti-Essentialism Paul Smith Chapter Sixteen Marxism and Postmodernism: Our Goal is to Learn from One Another Richard D. Wolff Part VI: Postcolonial Marx Chapter Seventeen Global Marx? Gayatri Chakravorty Spivak Chapter Eighteen Primitive Accumulation and Historical Inevitability: A Postcolonial Critique Anjan Chakrabarti, Stephen Cullenberg, and Anup Dhar Chapter Nineteen Draining the "Blood Energy": Destruction of Independent Production and Creation of Migrant Workers in Post-Reform China Joseph Medley and Lorrayne Carroll Chapter Twenty Problematizing the Global Economy: Financialization and the "Feudalization" of Capital Rajesh Bhattacharya and Ian J. Seda-Irizarry Chapter Twenty One Reproduction of Noncapital: A Marxian Perspective on the Informal Economy in India Snehashish Bhattacharya Part VII: Capitalism and class analysis Chapter Twenty Two Management Ideologies and the Class Structure of Capitalist Enterprises: Shareholderism vs. Stakeholderism at Scott Paper Company Michael Hillard and Richard McIntyre Chapter Twenty Three Lewis L. Lorwin's "Five-Year Plan for the World": A Subsumed Class Response to the Crises of the 1930s Claude Misukiewicz Part VIII: Communism without guarantees Chapter Twenty Four Bad Communisms Maliha Safri and Kenan Ercel Chapter Twenty Five Hope without Guarantees: Overdeterminist Anti-Capitalism amidst Neoliberal Precarity Ellen Russell Part IX: Knowledge and class in everyday life Chapter Twenty Six The Work of Sex Harriet Fraad Chapter Twenty Seven Homelessness as Violence: Bad People, Bad Policy, or Overdetermined Social Processes? Vincent Lyon-Callo Chapter Twenty Eight Family Farms, Class, and the Future of Food Elizabeth Ramey Chapter Twenty Nine A Long Shadow and Undiscovered Country: Notes on the Class Analysis of Education Masato Aoki Chapter Thirty Ecological Challenges: A Marxist Response Andriana Vlachou Index

About the Author

Theodore Burczak is Professor of Economics at Denison University and author of Socialism after Hayek. Robert Garnett is Associate Dean and Honors Professor of the Social Sciences in the John V. Roach Honors College at Texas Christian University, USA. Richard McIntyre is Professor of Economics and Chair of the Economics Department, University of Rhode Island, USA.


"A superb achievement! This is the definitive collection dedicated to the work of Stephen Resnick and Richard Wolff, the influential scholars who, with their "Amherst School" students, changed Marxian economics forever. It includes piercing, yet appreciative evaluations of their bedrock concepts: class, Marxian knowledge, and overdetermination. The authors in this compendium are all the right commentators (former students, colleagues, and famed social theorists), and the editors-Theodore Burczak, Robert Garnett, and Richard McIntyre-have turned in the most insightful, lucid, and useful introductory essay to the work of Resnick and Wolff yet written. A must for undergraduates, graduates, scholars, and activists everywhere, for whom Marxism remains a living tradition.", Jack Amariglio, Professor of Economics, Merrimack College, USA "Nearly a half century of stagnant wages and rising inequality, and the economic crisis following the financial crisis of 2008, has brought renewed interest to Marxian economics even while undermining the credibility of orthodox economic analysis. Richard Wolff and the late-Stephen Resnick did not need this crisis to discover the importance of Marxian analysis. Through their teaching as much as their writing, they have advanced Marxian analysis beyond the simple materialism of the Second International and Stalinism. Recognizing that capitalism is rarely a total and all-encompassing system, and that there are elements of noncapitalism all around us, they have developed a Marxian political economy that recognizes the importance of multiple forms of identity and engagement where social life is interwoven with forms of exploitation and resistance. They did this by building a community of scholarship and political engagement with colleagues and students, and students who became colleagues. These students and colleagues have collected a set of essays drawing on their work, and developing a central concept in Resnick and Wolff's thought: "Marxism without Guarantees." While providing a superb introduction to Resnick and Wolff's thought, Knowledge, Class, and Economics is a set of 30 challenging, fascinating, and stimulating essays. They are a worthy return to the many scholarly gifts that Resnick and Wolff gave us all.", Gerald Friedman, Professor of Economics, University of Massachusetts at Amherst, USA "History's ironies never end. The interest in Marxism is now more intense than it has been in more than three decades. This collection offers a theoretical and political invitation that deserves full consideration. It showcases the scope and depth of the innovativeness of an approach, which began its life in the work of Stephen Resnick, Richard Wolff, their students and colleagues, in an impressive range of themes at the level of epistemology and philosophy; economic and historical analysis of capitalism's different sites; and non-capitalisms in theory and practice. The essays presented in this volume all call for our attention, because they have come from an intellectual source that has breathed new life into Marxism: one 'without guarantees,' and one, which offers 'hope without guarantees.' It is one that calls for continuous reflection; it is for re-thinking Marxism indeed.", Professor Serap Ayse Kayatekin, Division of Social Sciences and Humanities, American College of Thessaloniki, Greece "This incisive and wide-ranging collection does far more than commemorate the moment of the Amherst School and the possibilities of rethinking Marxism these past thirty years. It shows us what radical thinking looks like today. Knowledge, Class, and Economics will soon be required reading across the social sciences and humanities.", Andrew Parker, Comparative Literature, Rutgers University

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