The Value of Radical Theory achieves two main goals: It explains Marx’s economic theory, providing readers with a solid foundation in his critique of capitalism. Wayne Price’s political insights also offer a framework through which anarchists can understand and use Marx, while remaining anarchists.The result is an insightful primer that sidesteps the typical anarchist vs.The Value of Radical Theory achieves two main goals: It explains Marx’s economic theory, providing readers with a solid foundation in his critique of capitalism. Wayne Price’s political insights also offer a framework through which anarchists can understand and use Marx, while remaining anarchists.The result is an insightful primer that sidesteps the typical anarchist vs. Marxist debates. Price presents Marx’s theory as an as-yet-unsurpassed explanation of contemporary capitalism, one that will aid in the task of overcoming the market and ushering in an era of collective, participatory control of the economy, inspired by anarchist political and ethical traditions.Wayne Price is a long-time writer, theorist, and activist on the Left. He has been involved in a series of revolutionary libertarian-socialist organizations and has been active in dissident caucuses in teacher unions, human rights organizing, and the antiwar movement, from the Vietnam war to today. Price’s adherence to class-struggle anarchism is been complimented by a deep appreciation for Marx's critique of capitalism. He is the author of The Abolition of the State: Anarchist & Marxist Perspectives (2007) and Anarchism & Socialism: Reformism or Revolution? (2010)....
|Title||:||The Value of Radical Theory: An Anarchist Introduction to Marx’s Critique of Political Economy|
|Number of Pages||:||200 Pages|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
The Value of Radical Theory: An Anarchist Introduction to Marx’s Critique of Political Economy Reviews
While AK Press usually tries to publish books involving current trends of Anarchism, it's always nice when a book like The Value of Radical Theory comes along. In this short and straightforward book, Wayne Price takes a step back and interprets Marx's theories from an Anarchist perspective, or more specifically, how they apply to the Anarchist cause and movement. While there's been plenty of mudslinging over the years between Marxists and Anarchists (mainly around the question of the state and how much authority is too much authority), it's not often that we read about how much the two movements can actually learn from each other. So, what Price has done here is to present Marx's economic and political theory and go through it for us in (sort of) laymen's terms. Price covers a very significant amount of topics in a very short amount of space (which goes to show that these are really simple ideas that communists/anarchists have tried to convey over the years), going over Marx's Capital and how it exploits workers, and women, how its exploitation can be measured by the extra unpaid labor it tries to extract from workers (although I felt his section on surplus labor/value was a little too short), the trend towards monopoly (or oligopoly), how state capitalism might be required to eventually obtain full-blown communism (and how anarchists have warned against such phenomena), how fictitious capital (creating commodities that cannot be purchased in an open market like military equipment) leads to recessions, and Marx's Hegelian belief that since time has a course it is inherently taking that the working class will eventually be liberated (though some have argued that capitalism might lead us all back to a life of extreme poverty before we get the chance to liberate ourselves). There is even a brief discussion of how the transition to this proposed liberated society should occur.The Value of Radical theory is a very important book because it concisely discusses these important topics that are relevant even today, and Price tips his hat to Marx in the process. As Price himself notes, we stand on Marx's shoulders: "We build on [his] work."
A lazy book that doesn't make any serious attempts to bring the insights of modern political economy, econometrics, calculus or sociology to bear on Marx's 19th century critique of political economy. Nonetheless, Price gives a fairly sympathetic overview of Marx's work that will serve as a good refresher on the basic approach Marx took. Price accepts the labor theory of value - almost universally rejected by modern economists, including many radical anti-capitalist economists - and so also accepts the crisis theory that seems to have failed time and time again. I would have liked to see Price tackle Marx's philosophical basis for the dialectical view of history, which is more or less inseparable from Marx's economics. Marx was first and foremost a philosopher and didn't think that what he was doing could be split into different camps - philosophy as separate from economics - but rather part of the some field of study. He was an autodidact and Price's treatment here cheapens him a little. That said there was only so much Price was going to be able to squeeze into the book and Marx can be daunting to newcomers even without trying to approach his work as whole.
Wayne Price's titles may not always be the sexiest on first glance, but they hold the kind of substance that will make you want to return to them for years. This small book takes some of the most complex areas of Marx's political economy and makes them manageable for readers who do not have years free to peruse rarely read texts in the back of the library. Here he lays out the clear and concise analysis of capitalism through the eyes of Marx and Engles, how the ideas can be used to look back at the last hundred years of market development, and then understand how the ideas contrast with other notions of communism and revolution.The book was a little startling in the beginning as I didn't quite realize that I was sitting down for a lesson, but that may be the teacher in Price at work. Even in its accessible language there are moments that can be confusing for the uninitiated, but this is still the perfect place to begin. Wayne Price really is a solid voice for uniting the ideas of classic and new anarchism, really building new ideas about liberation and anti-authoritarianism into the more established class struggle narrative that gave anarchism its initial break from the Marxist minority.
After reading John Holloway's "Change the world without taking power," I was excited to get this in the mail from AK. Holloway was pretty dense in parts, and as someone who has not read Marx's Capital or has a clear grasp of his critique of political economy, it was a welcome surprise to see this introduction. I haven't read anything by Price, so I was initially a little skeptical opening this up--I wasn't sure what to expect. I was thrilled with the patient tone, the reasoned approach, the almost natural tendency to consider the questions that might arise and the answers that followed. Well written and accessible as well. At the beginning, I was head scratching a little bit because he was laying out the technical details of Marx's critique and so re-reading that would definitely help. But once I got beyond that, the rest seemed to make sense. Price did a nice job of explaining Marx's critique of political economy.I recommend this title.
I originally was given this book to review by MRR. I tried to read it. I really did. Oh, how I tried.My review is this: just straight read Marx. He's less boring and not actually that difficult to grasp. I don't think this book serves a very useful purpose, other than for those who *think* they aren't smart enough to get "real" theory. Trust me. Theory isn't that hard, and boring, dry, difficult to read secondary sources won't help you feel confident in your capacity to understand things on your own.
Exactly what it says it is. A useful short guide to marxist economic thought from an anarchist willing to give credit where credit is due. Nothing surprising here. Just a clear, thoughtful and useful book for class-struggle anarchists and our fellow travellers.
An intro to Marx's critique of political economy from an anarchist perspective. Author describes the basics of social relations within capitalism and what differentiates certain sects of Marxist from Anarchist.
Good intro to Marx's thought and explaining certain terms, but thats about it