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Created
Tue, 16/05/2023 - 06:00

The Value, Health and Radical Needs Reading Group spent 15 months slowly and carefully reading Karl Marx’s Grundrisse. The task was certainly daunting, but also intellectually rewarding in equal measure. Since in these notebooks Marx is clearly developing a logical method of presentation that he has yet to fully master, we found it particularly difficult to keep sight of the central theme of each of its sections. Some long paragraphs where Marx works up calculations, describes historical events or recounts the ideas of selected political economy authors were also admittedly challenging. As a result of our efforts at a reflective reading, we feel that we possess a deeper understanding of the inner workings of capitalist society. We now bring our new knowledge, in its collective character, to written form.

The post 4 Talking Points from Karl Marx’s Grundrisse appeared first on Progress in Political Economy (PPE).

Created
Tue, 09/05/2023 - 06:00

In 1976, Robert Gilpin distinguished three contrasting political economy perspectives: liberalism, Marxism, and mercantilism. Gilpin introduced these International Relations-derived categories as theories and ideologies of political economy, sometimes conceived either as explanatory models or future scenarios. He recognises that the three ideologies ‘define the conflicting perspectives’ that actors have, but he does not go as far as to theorise how the perspectives may be part of the dynamics of the world economy and generative of its history and future. Gilpin’s models, scenarios, and theories are thus mainly cognitive attempts to understand reality from the outside. Since Gilpin’s main works, a large number of critical and constructivist International Political Economy (IPE) and Global Political Economy (GPE) approaches have arisen, stressing the constitutive role of ideas and performativity of theories. Many of these studies, however, tend to focus on aspects of contemporary matters or specific issues and fall short of analysing broad historical developments and, most markedly, causation.