Socialism, Markets, and the Critique of Money
The Theory of “Labor Notes”
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Beschreibung
This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.
Tsuyoshi Yuki is Professor in the Graduate School of Humanities and Social Sciences at Saitama University, Japan.
This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.
Highlights original theories of labor notes, often neglected in favor of Mar's critique against them Provides a deep understanding of Marx's theory of money as well as the limitations of labor notes Offers valuable accounts of contemporary attemps of community money from a Marxist perspective
Autor*in
Tsuyoshi Yuki
Themen in »Socialism, Markets, and the Critique of Money«
marxism communism socialism labour note labor note currency circulation John Gray Robert Owen Market Theory Proudhon anarchism free credit theory of value local currency Labour-Time