Beverley Best

Why you should read all three volumes of Marx's Capital together The Automatic Fetish recreates Marx's analysis of capital, step-by-step, through the material compiled posthumously as Capital, Volume three. Identifying the critique of value as the central through-line of the analysis, Best elaborates Marx's theory of value as a theory of movement through which the capital-machine generates social forms of appearance that are the inversions of its inner operating mechanisms. Characterizing capital’s movement and the dynamic production of social form as a 'perceptual physics,' Best demonstrates the consistency and the coherency with which Marx's theory of value orients all trajectories of analysis in Capital 3, as well as providing the conceptual bridge between Volumes on. The book illustrates the way in which capital’s development to this day is as much as a story of the continuity of capital's inner dynamics as it is a story of ongoing transformation of capital's surface-forms. Best develops, through Marx's critique, an analysis of money, credit, crisis, and the derivatives of profit-interest and ground-rent, that takes the reader from their emergence as capitalist forms to their current expressions. Neither a back-to-basics nor newfangled reconstruction, The Automatic Fetish eschews novelty to show why, once again, Marx deserves to be read carefully.

The Law of Value in Marx's Capital

The Automatic Fetish

Werner Bonefeld

Chris O′Kane

The SAGE Handbook of Frankfurt School Critical Theory expounds the development of critical theory from its founding thinkers to its contemporary formulations in an interdisciplinary setting. It maps the terrain of a critical social theory, expounding its distinctive character vis-a-vis alternative theoretical perspectives, exploring its theoretical foundations and developments, conceptualising its subject matters both past and present, and signalling its possible future in a time of great uncertainty. Taking a distinctively theoretical, interdisciplinary, international and contemporary perspective on the topic, this wide-ranging collection of chapters is arranged thematically over three volumes: Volume I: Key Texts and Contributions to a Critical Theory of Society Volume II: Themes Volume III: Contexts This Handbook is essential reading for scholars and students in the field, showcasing the scholarly rigor, intellectual acuteness and negative force of critical social theory, past and present.

Beverley Best

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