Brendan and Andrew welcome Patrick Murray, the noted value-form theorist, onto the podcast. (The value-form paradigm is a Marx-inspired strand of political economy that focuses on the market.) Patrick responds to the recent, two-episode RFH discussion––“The Value-Form Paradigm vs. Marx’s ‘Capital’”––and enters into extended dialogue with the co-hosts. Much of the discussion focuses on whether, in Marx’s theory, a commodity’s value is only potential before it is sold; whether “co-constitutive” value-form theory collapses into a more extreme version in which actual values are ultimately determined only in exchange; and whether Marx held that the magnitude of a commodity’s value is determined exclusively by the amount of labor that is socially necessary to produce it. (Part 2 of this discussion will be released in the near future.)
Throughout the discussion, frequent reference is made to: a published symposium on the value-form paradigm, in which Andrew and others criticized the paradigm, while Patrick responded to them; Part 1and Part 2 of the recent RFH discussion, in which Andrew replied to Patrick; and Marx’s Capital, especially chapter 1 and chapter 3 of volume 1.
Plus: current-events segment on the Republican and Democratic national conventions—or, perhaps, infomercials.
Radio Free Humanity is a podcast covering news, politics and philosophy from a Marxist-Humanist perspective. It is co-hosted by Brendan Cooney and Andrew Kliman. We intend to release new episodes every two weeks. Radio Free Humanity is sponsored by MHI, but the views expressed by the co-hosts and guests of Radio Free Humanity are their own. They do not necessarily reflect the views and positions of MHI.
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