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Capitalism as a social system emerged from the encounter of the "money owner" and the proletarian which shaped a society based on class domination and exploitation. This book focuses on the monetary theory of value and capital developed by Karl Marx and explores the ideas of "primordial profit" and the respective "money owner".

Produktbeschreibung
Capitalism as a social system emerged from the encounter of the "money owner" and the proletarian which shaped a society based on class domination and exploitation. This book focuses on the monetary theory of value and capital developed by Karl Marx and explores the ideas of "primordial profit" and the respective "money owner".


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Autorenporträt
John Milios is Professor of Political Economy and the History of Economic Thought at the National Technical University of Athens (NTUA), Greece. He is also Director of the quarterly journal of economic and political theory, Theseis (published since 1982 in Greek).

Rezensionen
"In this grand style reconstruction of the genesis of capitalism, Milios brings together Marx, Braudel, Weber, Lenin, and his own analysis of 'money-begetting' modes of production, under the aegis of the Althusserian 'aleatory encounter' of social forces. In a path-breaking concrete analysis, he invents the Venetian Paradigm of decalage between financialization and proletarianization. It is impressive, convincing, and surprisingly actual.", Etienne Balibar, co-author of Reading Capital

"The publication of this book is a rather significant moment in the history of reflections on capitalism, and moreover a turning point in the history of the transformative present. Raising yet once again the question of what capitalism as a system actually is, John Milios reassembles his subject of study, traversing centuries and places in history so as to identify and discern heterogeneous practices being objectivised - or not - in the name of capitalism, ultimately establishing a genealogy of a 'capitalist state, beyond national territorialisation'. This book, or shall we dare say this 'machine-book', offers the bizarre completeness one might feel when reading an important book: full and empty at the same time.", Marios Emmanouilidis, Independent researcher

"A fascinating book that provides us with an exciting new perspective on the origins of capitalism. John Milios asks more precisely than usual what distinguishes capitalism as a social system from precapitalist societies. Taking seriously that the origin of capitalism is a singular process, he avoids any deterministic approach to analyzing history. The - historically surprising - ascent of Venice as a leading commercial and colonial power during the 13th and 14th centuries, with its rather special form of original accumulation towards the end of the 14th century, is demonstrated to be a capitalist social formation which practically introduced capitalism to Western Europe. This book really provides us with a fundamental and exciting new turn in the long-lasting discussion about the origins of capitalism.", Michael Heinrich, Author of An Introduction to the three Volumes of Karl Marx's Capital.

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