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Security/Capital: A General Theory of Pacification by George S. Rigakos (review)

Security/Capital: A General Theory of Pacification by George S. Rigakos (review) 312 / labour /le travail 79 especially disappointed by his theoretical treatment of the productive-unproductive labour distinction in Chapter 2, which presaged his uncritical endorsement in Chapter 5 of an empirical study of the US economy that treats the Marxian category of variable capital as equivalent to the total wage bill. Furthermore, his reliance on the flawed Martin Nicolaus English-language translation of Marx's Grundrisse (which mistakenly represents Marx's concept of Verwertung as the "realization" rather than the "valorization" of capital) often confuses his discussion and serves to undermine his core thesis regarding the crisis of relative surplus value. All the same, for those well versed in the literature, Sotelo's book can be recommended as a stimulating refutation of the "end of work" thesis of bourgeois futurists like Jeremy Rifkin as well as the "immaterial labour" theses of post-Marxists like Andre Gorz and Antonio Negri, and as a path-breaking effort to show that a "phenomenon as complex as superexploitation cannot be reduced to the simple violation of the value of labourpower" (98) as originally posited by Marx. Murray E.G. Smith Brock University George S. Rigakos, Security/Capital: A General Theory of Pacification (Edinburgh: Edinburgh University Press 2016) In this succinct http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Labour / Le Travail The Canadian Committee on Labour History

Security/Capital: A General Theory of Pacification by George S. Rigakos (review)

Labour / Le Travail , Volume 79 – May 25, 2017

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Publisher
The Canadian Committee on Labour History
Copyright
Copyright © Canadian Committee on Labour History
ISSN
1911-4842
Publisher site
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Abstract

312 / labour /le travail 79 especially disappointed by his theoretical treatment of the productive-unproductive labour distinction in Chapter 2, which presaged his uncritical endorsement in Chapter 5 of an empirical study of the US economy that treats the Marxian category of variable capital as equivalent to the total wage bill. Furthermore, his reliance on the flawed Martin Nicolaus English-language translation of Marx's Grundrisse (which mistakenly represents Marx's concept of Verwertung as the "realization" rather than the "valorization" of capital) often confuses his discussion and serves to undermine his core thesis regarding the crisis of relative surplus value. All the same, for those well versed in the literature, Sotelo's book can be recommended as a stimulating refutation of the "end of work" thesis of bourgeois futurists like Jeremy Rifkin as well as the "immaterial labour" theses of post-Marxists like Andre Gorz and Antonio Negri, and as a path-breaking effort to show that a "phenomenon as complex as superexploitation cannot be reduced to the simple violation of the value of labourpower" (98) as originally posited by Marx. Murray E.G. Smith Brock University George S. Rigakos, Security/Capital: A General Theory of Pacification (Edinburgh: Edinburgh University Press 2016) In this succinct

Journal

Labour / Le TravailThe Canadian Committee on Labour History

Published: May 25, 2017

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