Titlebook: Critiquing Capitalism Today; New Ways to Read Mar Frederick Harry Pitts Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 Marx

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Money and the Exchange Abstractionis in the Frankfurt School critical theory of Max Horkheimer and Alfred Sohn-Rethel – specifically the latter’s theory of the ‘social synthesis’ established by money as means of exchange, and the conceptualisation of value as a ‘non-empirical reality’.

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The Fragment on Machinesr assumes in exchange. The posing of successive paradigm shifts through which postoperaists like Bifo suggest measurement has been replaced progressively by control, command and violence, ignore what the value-form already dialectically conceals.

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A Crisis of Measurabilityharacter, and its immeasurable productiveness. The chapter concludes that the new conditions captured in the concept of immaterial labour do not pose a crisis for the law of value, because value has never related to the measurement of immediate labour.

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Creative Industries and Commodity Exchange making possible the value relation itself. This is supported by Marx’s writings in . Vol. 2 on the ‘work of combustion’ and transportation, and applied to an understanding of capitalist crisis as centring on a classed contradiction of constrained consumption resulting in overproduction.

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Conclusion: From Postoperaismo to Postcapitalismal commitments but, in recognising the totalising force of value’s abstract social relation, provides a better basis for necessarily pessimistic assessments of the potential for wide-scale social change resulting in an escape from capitalism, emphasising continuity of form over ceaseless change.

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