The Meno problem, asking for the surplus value of knowledge beyond the value of true justified belief, was recently much treated within reliabilist and virtue epistemologies. The answers from formal epistemology, by contrast, are quite poor. This paper attempts to improve the score of formal epistemology by precisely explicating Timothy Williamson's suggestion that ‘present knowledge is less vulnerable than mere present true belief to rational undermining by future evidence’. It does so by combining Nozick's sensitivity analysis of (...) knowledge with Spohn's fact‐asserting epistemic interpretation of conditionals. Accordingly, the surplus value of knowledge lies in a specific kind of stability of knowledge, which differs, though, from that claimed by other so‐called stability analyses of knowledge. (shrink)

The theoretic structure of Marxian economy was elaborated to provide an understanding of the laws of the motion of capitalism. The motion of capitalism, however, is nothing but the process of economic development under conditions of multiple centers of investment-decisions. It becomes, then, an interesting question to ask how much of the theoretic structure of Marx applies to the problems of economic development in general and how much is limited to those aspects alone which follow from the theoretically contingent condition (...) of decentralized investment-decisions. It will not, therefore, be the primary purpose of this paper to examine the adequacy of the conceptual structure of Marxian economic thought, or even its relative advantages or disadvantages over the more widely accepted school, following the inquiries of Walras, Menger, Jevons, and others; but, rather, to assume the general framework of Marxian theory and attempt to seek an answer within its limits. (shrink)

Based on a historical study of fee regulation in the employment agency business, the claim that temporary help agencies charge “no fees” to workers is challenged. It is found that the claim rests on technical changes in the statutory definitions of fee and employment agency won through industry lobbying efforts, changes that simply mask traditional fee-charging methods. The article traces the evolution of fee-charging practices in the post-World War II period and points to a new version of “fee splitting” as (...) a prevalent wage setting practice in the staffing industry. The implications of these developments for wage depression and income redistribution are explored. (shrink)

Building on the insights of Capital I, and dispatching common liberal misunderstandings of those insights, Claus Peter Ortlieb makes the case for what mainstream economists euphemistically call “secular stagnation”: that is, an economic crisis that cannot be resolved by economic means.

We introduce a family of proportional surplus division values for TU-games. Each value first assigns to each player a compromise between her stand-alone worth and the average stand-alone worths over all players, and then allocates the remaining worth among the players in proportion to their stand-alone worths. This family contains the proportional division value and the new egalitarian proportional surplus division value as two special cases. We provide characterizations for this family of values, as well (...) as for each single value in this family. (shrink)

Alvin Goldman and Erik Olsson have recently proposed a novel solution to the value problem in epistemology, i.e., to the question of how to account for the apparent surplus value of knowledge over mere true belief. Their “conditional probability solution” maintains that even simple process reliabilism can account for the added value of knowledge, since forming true beliefs in a reliable way raises the objective probability that the subject will have more true belief of a similar (...) kind in the future. I argue that this proposal confronts significant internal problems and implicitly invokes higher-level epistemic conditions that run against the spirit of externalism. (shrink)

Prominent neo-Marxists have recently acknowledged longstanding criticisms of Marx's labor theory of value as at best a cumbersome and redundant price model but continue to variously defend the doctrine as an interpretation of historically observed class conflict between exploiters and exploited. This essay counters that value theory also fails badly as a "labor theory of exploitation." The fundamental flaw is the canonical premise that labor alone is productive, with normative implications closer to the entrepreneurial work ethic than to (...) socialist standards of distributive justice. The essay then identifies an alternative theory of exploitation implied by Marx's earlier writings on alienation but obscured by his later association of exploitation with surplus value. What capital appropriates is not "surplus value" produced by labor, but the capacity to produce it, creating asymmetric interdependence within the division of labor. Exploitation arises in the mediation of this interdependence through the exchange of commodities. (shrink)

Not only as value, but also as surplus -- The will to enjoyment -- Jouissance at arms length -- From surplus-value to surplus-jouissance -- The unbearable lightness of being the proletariat -- Karatani's wager -- On shame and subversion -- From subject to politics -- Democracy under duress -- Dialectical materialism as parallax -- Vicissitudes of subtraction -- The invisible rabbit inside the hat -- Though this be madness, yet there is method in it?

This short article represents the first attempt to define a new core cultural value that will enable engaging the business sector in humankind’s mission to heal nature. First, I start with defining the problem of the current business culture and the extant thinking on how to solve environmental problems, which I called “the eco-deficit culture.” Then, I present a solution to this problem by formulating the “semiconducting principle” of monetary and environmental values exchange, which I believe can generate “an (...) eco-surplus business culture.” This work adds one new element, the eleventh cultural value, to the ten core values of progressive cultures postulated by Harrison (2000). (shrink)

Food charity in the United States has grown into a critical appendage of agro-food supply chains. In 2016, 4.5 billion pounds of food waste was diverted through a network of 200 regional food banks, a fivefold increase in just 20 years. Recent global trade disruptions and the COVID-19 pandemic have further reinforced this trend. Economic geographers studying charitable food networks argue that its infrastructure and moral substructure serve to revalue food waste and surplus labor in the capitalist food system. (...) The political–legal framework undergirding this revaluation process however is still poorly understood. Drawing on a 6-year institutional ethnography of the food banking economy in West Virginia, this paper takes a supply-side approach to examine the material and moral values driving the expansion of food waste recovery as hunger relief. Empirically, it focuses on the laws, contracts and fiscal incentives regulating charitable food procurement at the U.S. Department of Agriculture and Feeding America. The assemblage of government agencies, private businesses and non-profit organizations enrolled into this gift economy at different scales I argue, serves to enclose food waste into a public–private governance structure that regulates food surpluses and ensures these will not disrupt the scarcity logics driving profitability along primary food circuits. (shrink)

This volume collects papers that were presented at the 34th International Ludwig Wittgenstein Symposium 2011 in Kirchberg am Wechsel, Austria. They focus on five key debates in contemporary epistemology: Does the term "to know" vary its meaning according to features of the contexts in which it is uttered? What role may "epistemic virtues" play in our cognitive activities? What is the surplus value of having knowledge instead of mere true belief? What is the structure and significance of testimonial (...) knowledge and belief? And when is disagreement rational, especially if it occurs among "epistemic peers"? In addition, a section is devoted to novel discussions of the work of Wittgenstein. Papers by A. Beckermann, E. Brendel, W. Davis, C. Elgin, S. Goldberg, J. Greco, A. Kemmerling, H. Kornblith, M. Solomon, M. Williams, and many others. (shrink)

Plato’s Meno problem is the problem of why knowledge is better than true belief which is not knowledge. The paper studies the account of this surplus value of knowledge that recent reliabilist virtue epistemologists like John Greco and Ernest Sosa have proposed: knowledge is true belief from epistemic virtue. I reconstruct the master argument which subsumes the epistemic case under the general case of success from virtue. Five accounts of virtue are presented and discussed critically. The result is (...) that only the fifth account – the refined dispositionalist account of virtue, based on an idea of J.J. Thomson – is viable, for the purposes of accounting for the surplus value of knowledge along the lines of the master argument. However, there is at least one remaining question, namely, of why success from virtue has surplus value in general. (shrink)

In Hegel Contra Sociology, Gillian Rose argues that Hegel's political theory is written in the “severe style,” marking speculative thinking as the appropriate mode of exposition of capitalist modernity. By taking distance from Hegel, she maintains, Marx and Marxism retain a distinction between thought and actuality that forecloses a proper account of capital. I argue that Marx pursues speculative thinking when accounting for capital's logic of self-valorization. Speculative thinking in Rose's sense allows us to move beyond production, linking self-valorization to (...) the historical coming to be of capital. Stephanie Smallwood's work is decisive, moving beyond the commodification of labor power for the extraction of surplus value in free labor, tracing the genesis of the capital relation and the money-form itself to the circulation of African people as commodities in the trade. This is not the prehistory of capital, a primitive accumulation, but the totality of conditions that articulate capital's movement. (shrink)

Tropical cyclones and their pertinent natural hazards can cause destructive damage to people and properties. Vietnam, located in the Northwest Pacific basin, is highly vulnerable to tropical cyclones due to its geography (i.e., a long coastline and narrow width). In this paper, we discuss how the negative consequences of tropical cyclones on Vietnam can be exacerbated by climate change and how forests, either in the mountainous or in the coastal regions, play crucial roles in safeguarding the country from tropical cyclones (...) and their pertinent hazards (e.g., landslides and flood). Despite the importance of forests, their protection values are undermined, leading to continuous deforestation of natural forests for socio-economic development. We suggest the social transitions towards eco-surplus culture through more proactive and transparent communication of the destructive outcomes of tropical cyclones and the protection roles of forests in the current climate change era. (shrink)

The issue of climate change poses an important problem that requires immediate collaboration from everyone, including individuals, governments, and businesses. While consumption culture constitutes a significant proportion of greenhouse gas emissions, most of these emissions are caused by the consumption of the wealthiest. In this article, we will explore the challenges that consumer culture has exacerbated regarding climate change and propose that transitioning to a simpler and more sustainable lifestyle could be an effective solution in the fight against climate change. (...) Such transitions can be leveraged through the inspiration of celebrities (e.g., Keanu Reeves, Chow Yun-fat, Kristen Bell, Leonardo DiCaprio) that pursue simple, non-glamorous lifestyles that do not promote excessive consumerism. (shrink)

The price of Bitcoin is once more soaring. From early October 2020 to early January 2021, the price of a single Bitcoin token went from roughly $10,000 to nearly $65,000, reinspiring the hopes of the crypto-faithful in the inevitability of a future beyond centralized banking and leaving the rest to dread the jargon of computational libertarianism. The speculative betting driving this recent price action, however, belies a more rudimentary and overlooked shift in the digital economy signaled by cryptocurrencies and Bitcoin (...) in particular. Unlike an earlier industrial logic that sought to reduce heat loss and improve efficiency to maximize surplus value, Bitcoin’s proof-of-work system shifts the basis of value production from efficiency to inefficiency. Moreover, it does so by using a cryptographic algorithm whose purpose is to destroy the meaning of its inputs. Through an exploration of Bitcoin’s proof-of-work technics and its inversion of traditional models of value extraction, the text argues that Bitcoin reveals a profound transformation in the nature of surplus represented by computational capitalism. (shrink)

In the first part of this two-part article, I argued that, unlike the asocial classical labour theory of value, Marx's labour theory of value is a ‘truly social’ one. In fact, it is a purely social one. Marx's theory of value is nothing but his theory of the social forms distinctive of the capitalist mode of production. Thus, we may speak of those forms as value-forms, the commodity, money, capital, wage-labour, surplus-value and its forms (...) of appearance, and more. The labour that produces value, then, is labour of a peculiar social sort. This thought is entirely foreign to the classical labour theory of value, and, likewise, to Marxist accounts of value theory that mistake it for a radical version of Ricardian value theory. The gulf between the classical and the Marxian labour theories of value is wide. (shrink)

Crisis is endemic to capitalism. But can it be proved that capitalism will bring about its own terminal crisis? This article frames this question in light of ongoing debates in theories of crisis and value by polemically comparing two related but divergent perspectives. The first, that of Robert Kurz and several Wertkritik authors, argues that cyclical crises of capital necessarily lead to a terminal crisis – and that this terminal crisis is already underway. The second, that of Michael Heinrich, (...) argues that there is no way to demonstrate that capital will not continue reinventing new sites and forms for creating surplus value. Through this comparison, this article achieves two aims: first, it establishes the general point that how we understand value determines how we understand crisis; and, second, it shows limitations of the ‘terminal crisis’ hypothesis, and concludes that Kurz’s terminal crisis theory risks making crisis a transhistorical concept. (shrink)

In the seminar XVI, D'un Autre à l'autre, in 1968/1969, Jacques Lacan claimed that there is an homology between the function of object a in the unconscious and the Marxian notion of surplus-value. Both concepts in fact revolve around similar axes: their reluctance to be localized in a certain place of the structure and their connection with the notion of surplus. In Chapter 7 of Das Kapital, Marx seems to imagine a purely mythical pre-capitalist society where production (...) is only devoted the pure satisfaction of basic survival needs and where labour is still controlled by the worker according to a certain purpose: with the irruption of the surplus in the capitalist mode of production the very qualitative dimension of the production and reproduction of commodities and human beings is commanded and organized by the pure drive of abstract accumulation. In order to rearticulate the incessant capitalist drive for abstract wealth, the symptom relies on the unsurpassable contradiction between labour-power and living-labour: essential in order. (shrink)

This article views capitalism not only as a mode of production, but also as a mediation of the reproduction of life, following the concept of ‘social metabolism’ that Marx employs to analyze the interaction between the individuals composing a society and their natural environment. Insofar as the ‘value-form’ is the distinctive social relation of capitalism, it appears necessary to ask whether the metabolic process of reproduction can be fully subsumed under this form. Marx takes for granted the idea that (...) the reproduction of labor-power consists only in the consumption of commodities resulting from abstract labor, thus omitting the appropriation of unpaid domestic work, mostly performed by women. Feminist criticism clarifies how capitalism always depends on some reproductive work being appropriated for the accumulation of surplus-value without being integrated in the value-form. Following Jason W. Moore, I attempt to indicate that the same logic is at work for the reproduction... (shrink)

Many theorists have charted for some time how capital extends its lines of flight into new spaces, creating new markets by harnessing affect and intervening in intimate, emotional and domestic relationships, and into bio-politics more generally. Feminists have known for a long time that women’s ‘domestic’ labour has been central to the reproduction of capital but that it has been made invisible, surplus and naturalised and is rarely taken into account in theories of value. Yet we are now (...) in a bizarre historical moment wherein a format has emerged (reality television) in a major capitalist industry (the media) that is premised upon spectacularly visualising women’s labour in all its forms, especially through its focus on relationships, dispositions and emotional performance. Drawing on an ESRC research project, ‘Making Class and the Self through Mediated Ethical Scenarios’, this paper demonstrates how very different spheres of exchange—economy and affect—have come together, offering possibilities for fusing calculation and care. This process bears remarkable similarity to the legal adjudication of property and propriety in intimate relationships. Yet the paper shows how, as attempts are made to commodify affect, it is precisely affect that exposes and disrupts exchange and enables reality television as a technology of affect to visualise the different types of person-value that are constituted through class and gender relations. (shrink)

The article considers a surprisingly resilient argument, going back to Adam Smith, for the fairness of proportionate taxation: that proportionate taxation represents the fair way to divide the surplus value produced by social cooperation among all of society's members. The article considers two recent variants on that argument, one by Richard Epstein in Takings and one by David Gauthier in Morals by Agreement. It concludes that the normative and empirical assumptions that underlie these, and all other variants, of (...) the argument are so implausible as to suggest the argument cannot be taken seriously as a defense of proportionate taxation. The article concludes by considering other possible explanations for the enduring attraction of proportionate taxation for political philosophers, particularly those with libertarian and quasi-libertarian leanings. Footnotes I am grateful to participants in faculty workshops at Vanderbilt, NYU, Virginia and Stanford Law Schools and the Qunnipiac College School of Law Conference on Law and Philosophy, as well as the anonymous outside readers for this journal, for their very helpful comments on earlier drafts. (shrink)

A situation, in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (point-valued) solution for TU-games assigns a payoff distribution to every TU-game. In this article we discuss a class of equal surplus sharing solutions consisting of all convex combinations of the CIS-value, the ENSC-value and the equal division solution. We provide several characterizations of this class of solutions on (...) variable and fixed player set. Specifications of several properties characterize specific solutions in this class. (shrink)

Abstract.In Canada, food assistance is provided through a widespread network of extra-governmental, community-based, charitable programs, popularly termed “food banks”. Most of the food they distribute has been donated by food producers, processors, and retailers or collected through appeals to the public. Some industry donations are of market quality, but many donations are “surplus” food that cannot be retailed. Drawing on insights from an ethnographic study of food bank work in southern Ontario, we examined how the structure and function of (...) food banks operate to facilitate the distribution of foods not marketed through the retail system. Our findings indicate that the handling of industry donations of unsaleable products is a labor-intensive activity, made possible by the surfeit of unpaid labor in food banks, the neediness of food bank clients, and clients’ lack of rights in this system. The marshalling of volunteer labor to serve a corporate need might be construed as a “win-win” situation because the work of salvaging edible foodstuffs from among industry “surplus” helps to “feed the hungry” while also diminishing the amount of refuse deposited in landfill sites, sparing corporations disposal costs and landfill tipping fees, and helping them forge an image of good corporate citizenship. However, the reliance of food banks on industry donations means that food assistance becomes defined as that which the corporate sector cannot retail. Moreover, the intertwining of food bank work with corporate needs may function to further entrench this ad hoc secondary food system and mitigate against initiatives to develop more effective responses to problems of hunger and food insecurity in our communities. (shrink)

This article aims to measure both the economic and social value of Tecnocampus, a Science and Technology Park in its region of influence. Our results show that the impact of Tecnocampus has a socioeconomic cost–benefit ratio of 2.39. Measuring the impact of this multifaceted centre requires a diverse approach. Although the methods used are not new, the combination of them presents a novel approach to measure the impact of an institution of this nature. We have measured the economic (...) class='Hi'>value with the Input–Output model, including the Social Accounting Matrix. On the other hand, for social value calculations, we have used cost–benefit analysis adding measurements of firm localisation to estimate externality effects. Our main results present an economic value of more than 0.054% of the Catalan GDP, whereas the employment impact represents almost 0.37% of total employment in the region. The total economic multiplier of Tecnocampus activity is estimated to be 1.89. Social value generates an additional 0.50 euros to the multiplier according with our analysis. This additional social value represents an increase of productivity estimated in 20 million euros of operational income for Catalan firms and the creation of seven additional firms in the Maresme region as a result of knowledge spillovers. The social value also includes reduction of over-education caused by a better matching between graduates and enterprises, a more direct application of research, and an increase in consumer surplus. Finally, we discuss the policy implications of our findings to promote investments in this kind of infrastructures. (shrink)

This book provides an analytical understanding of some of Tagore’s most contested and celebrated works and ideas. It reflects on his critique of nationalism, aesthetic worldview, and the idea of ‘surplus in man’ underlying his life and works. It discusses the creative notion of surplus that stands not for ‘profit’ or ‘value’, but for celebrating human beings’ continuous quest for reaching out beyond one’s limits. It highlights, among other themes, how the idea of being ‘Indian’ involves stages (...) of evolution through a complex matrix of ideals, values and actions—cultural, historical, literary and ideological. Examining the notion of the ‘universal’, contemporary scholars come together in this volume to show how ‘surplus in man’ is generated over the life of concrete particulars through creativity. The work brings forth a social scientific account of Tagore’s thoughts and critically reconstructs many of his epochal ideas. Lucid in analysis and bolstered with historical reflection, this book will be a major intervention in understanding Tagore’s works and its relevance for the contemporary human and social sciences. It will interest scholars and researchers of philosophy, literature and cultural studies. (shrink)

The idea of “two discoveries” in Marx is essentially known through the presentations of Engels and Stalin, which had lasting influences in the constitution of “Marxism”. They essentially insisted on a correlation of “theories” or “disciplines” hierarchically articulated . But it had another, earlier and more specific, formulation offered by Marx himself, when trying to emphasize the novelty of his theory in Capital, Volume One. Marx singled out, on the one side, the “double character of labour” expressed in the (...) class='Hi'>value-form, on the other side the articulation of “surplus labour” and “surplus value”. In this essay, we attempt a thought experiment which considers the “two discoveries” claimed by Marx not as successive moments of a single demonstration, also not as falling apart in an “epistemological break”, but as terms of a “disjunctive synthesis”. It would subject the critique of capitalism to a permanent tension, with, on one side, the logic of universal commodification arising from the institution of the General Equivalent, and on the other, the comparative study of modes of exploitation and domination in different “class structures”. The resulting ambiguities in the formulation of the “communist hypothesis” in Marx are perhaps of no little import in today’s renewed interest for the Marxian critique. (shrink)

PurposePrincipled discussions on the economic value of data are frequently pursued through metaphors. This study aims to explore three influential metaphors for talking about the economic value of data: data are the new oil, data as infrastructure and data as an asset.Design/methodology/approachWith the help of conceptual metaphor theory, various meanings surrounding the three metaphors are explored. Meanings clarified or hidden through various metaphors are identified. Specific emphasis is placed on the economic value of ownership of data.FindingsIn discussions (...) on data as economic resource, the three different metaphors are used for separate purposes. The most used metaphor, data are the new oil, communicates that ownership of data could lead to great wealth. However, with data as infrastructure data have no intrinsic value. Therefore, profits generated from data resources belong to those processing the data, not those owning it. The data as an asset metaphor can be used to convince organizational leadership that they own data of great value.Originality/valueThis is the first scholarly investigation of metaphors communicating economic value of data. More studies in this area appear urgent, given the power of such metaphors, as well as the increasing importance of data in economics. (shrink)

Aesthetics is a crucial ecosystem service provided by biodiversity, which is believed to help improve humans’ quality of life and is linked to environmental consciousness and pro-environmental behaviors. However, how aesthetic experience induced by plants/animals influences the belief in the occurrence and significance of biodiversity loss among urban residents remains understudied. Thus, the current study aimed to examine how the diversity of pets and in-house plants affect urban residents’ belief in biodiversity loss in different scenarios of aesthetic experiences (positive and (...) negative aesthetic experiences at home due to plants/animals). Using the Bayesian Mindsponge Framework (BMF) analytics on a dataset of 535 Vietnamese urban residents, we found that the people’s aesthetic feeling about their house induced by plants/animals is positively associated with their belief in the occurrence and significance of biodiversity loss. The diversity of plants and pets is also positively associated with the level of biodiversity loss belief, but the effect is conditional on the aesthetic experience of the urban residents. Specifically, the positive association between species diversity and the belief only appears when urban residents feel that their houses’ aesthetics are negatively affected by plants/animals. Moreover, the association between pet diversity and biodiversity loss belief is less significant and reliable than that of plant diversity. These findings suggest that raising the houses’ aesthetics through in-house planting or pet ownership can potentially enhance biodiversity loss belief and subsequently build an eco-surplus culture among urban residents. (shrink)

Corporate activities conducted under the banner of creating shared value (CSV) have gained popularity over the last decade, and some MNCs have espoused that CSV has entered the heart of their practices. There has, however, been criticism about the lack of a standard definition of CSV. The purpose of the current study was to develop a working definition of CSV by identifying distinctions between CSV and various conceptions of corporate social responsibility (CSR). We conducted 26 semi-structured interviews with managers (...) and stakeholder representatives of five multinational corporations (MNCs) and three small and medium enterprises (SMEs), all headquartered or rooted in Asia. These firms had received public recognition for their CSV engagement. We compared and contrasted interviewees’ conceptions and descriptions of CSV and traditional CSR (philanthropy) and mapped these against Carroll’s four-layer model of responsible corporate management. Interviewees tended to frame CSV as a sustainable business model that generates social and economic value simultaneously. Traditional CSR was characterized as “giving back” some of the surplus from economic returns. In addition, interviewees described examples of strategic CSR, which involved pump-priming interventions for empowering and enabling stakeholders of the CSV practices of the focal firm to participate in the associated wealth and well-being co-creation. Keywords: Corporate social responsibility, creating shared value, qualitative, Asia. (shrink)

The article argues that Honneth’s idea of reconstructive critique represents a type of immanent critique. Starting from the objection raised by Rahel Jaeggi, who considers the reconstructive critique to be a genre of internal criticism devoid of any transformative negativity, it seeks to show, on the contrary, that Honneth’s notion of “surplus of validity” plays a role of transcendence within the historical reality, which could explain his understanding of reconstructive critique as immanent one. In the second part, the paper (...) displays how Honneth applies this conception of critique to solve the division within Critical Theory, induced by Habermas’s use of the idea of rational reconstruction, which would have split off the tasks of founding the normative criteria and discovering immanently elements for the social transformation. In the third part, the category of surplus of validity is investigated in its function of enlightening possibilities of transformation following an “universal-particular dialectic”. In its final part, the paper addresses some conceptual difficulties in Honneth’s attempt to clarify the systematic value and philosophical meaning of the surplus of validity within the framework of normative reconstruction. (shrink)

While, as Marx argued, periods of expanded accumulation present the best conditions for increasing working-class living standards, the expansion that began in 1982 was based in large part on the rapidfallin the value of labour-power in the US. This recovery and rapid rise in the rate of surplus-value in the US was enabled by the collapse of union-resistance beginning in 1979 and the strategic choices made by union-leaders across the economy from that time on. The expansion was (...) sustained in the 1980s by dramatic work-reorganisation, enabled by the embrace of labour-management cooperation-schemes by much of the trade-union leadership, and the restructuring of several major industries that undermined the industry-wide bargaining on which rising postwar incomes had been based. Productivity, boosted by lean production-methods, would continue to outstrip real wages up until the ‘Great Recession’ of 2008 and resume again in the wake of a weak recovery in the US. The rapid geographic expansion of capital after 1990 provided new investment-possibilities, as did the explosion of financial instruments. What stands out, however, is that rising productivity, far from providing the basis for increases in working-class income, had become coupled with flat or declining real wages and a fall in the value of labour-power as the necessary condition to sustain almost any level of growth in the real economy. The link between productivity and wage-increases, central to Keynesian and institutional collective-bargaining theory, had been broken and Marx’s idea of the most favourable conditions stood on its head. The breaking of this link had, in the final analysis, been an outcome of class-struggle in which capital had the upper hand. All of this underlines the failed strategies and practices of most of the trade-union leadership in the US since 1979. New approaches to the workplace and broader forms of mobilisation will be needed. Signs of worker-resistance to the latest neoliberal clampdowns in Latin America, Europe, China, and even the US, however, may point to a renewed era of intensified class-struggle. (shrink)

It is a commonplace in the philosophy of physics that any local physical theory can be represented using arbitrary coordinates, simply by using tensor calculus. On the other hand, the physics literature often claims that spinors \emph{as such} cannot be represented in coordinates in a curved space-time. These commonplaces are inconsistent. What general covariance means for theories with fermions, such as electrons, is thus unclear. In fact both commonplaces are wrong. Though it is not widely known, Ogievetsky and Polubarinov constructed (...) spinors in coordinates in 1965, enhancing the unity of physics and helping to spawn particle physicists' concept of nonlinear group representations. Roughly and locally, these spinors resemble the orthonormal basis or "tetrad" formalism in the symmetric gauge, but they are conceptually self-sufficient and more economical. The typical tetrad formalism is de-Ockhamized, with six extra field components and six compensating gauge symmetries to cancel them out. The Ogievetsky-Polubarinov formalism, by contrast, is Ockhamized, with most of the fluff removed. As developed nonperturbatively by Bilyalov, it admits any coordinates at a point, but "time" must be listed first. Here "time" is defined in terms of an eigenvalue problem involving the metric components and the matrix $diag$, the product of which must have no negative eigenvalues in order to yield a real symmetric square root that is a function of the metric. Thus even formal general covariance requires reconsideration; the atlas of admissible coordinate charts should be sensitive to the types and \emph{values} of the fields involved. Apart from coordinate order and the usual spinorial two-valuedness, Ogievetsky-Polubarinov spinors form, with the metric, a nonlinear geometric object, for which important results on Lie and covariant differentiation are recalled. Such spinors avoid a spurious absolute object in the Anderson-Friedman analysis of substantive general covariance. They also permit the gauge-invariant localization of the infinite-component gravitational energy in General Relativity. Density-weighted spinors exploit the conformal invariance of the massless Dirac equation to show that the volume element is absent. Thus instead of an arbitrary nonsingular matrix with 16 components, 6 of which are gauged away by a new local $O$ gauge group and one of which is irrelevant due to conformal covariance, one can, and presumably should, use density-weighted Ogievetsky-Polubarinov spinors coupled to the 9-component symmetric square root of the part of the metric that fixes null cones. Thus $\frac{7}{16}$ of the orthonormal basis is eliminated as surplus structure. Greater unity between spinors and tensors and the like is achieved, such as regarding conservation laws. Regarding the conventionality of simultaneity, an unusually wide range of $\epsilon$ values is admissible, but some extreme values are inadmissible. Standard simultaneity uniquely makes the spinor transformation law linear and independent of the metric, because transformations among the standard Cartesian coordinate systems fall within the conformal group, for which the spinor transformation law is linear. The surprising mildness of the restrictions on coordinate order as applied to the Schwarzschild solution is exhibited. (shrink)

Amidst expanding interest in local food and agriculture, food banks and allied organizations across the United States have increasingly engaged in diverse gleaning, gardening, and farming activities. Some of these programs reinforce food banks’ traditional role in distributing surplus commodities, and most extend food banks’ reliance on middle class volunteers and charitable donations. But some gleaning and especially gardening and farming programs seek to build poor people’s and communities’ capacity to meet more of their own food needs, signaling new (...) roles for some food banks in promoting community food security and food justice. This article reports the results of a national survey and in-depth case studies of the ways in which food banks are engaging in and with local agriculture and how this influences food banks’ roles in community and regional food systems. The patterns it reveals reflect broader tensions in debates about hunger relief and food security. (shrink)

Against the background of the contemporary debate about financialisation, the paper conceptualises the capitalist labour economy as fundamentally a monetary system. It argues that money is not a capitalist means of organising its labour economy but that it is rather a capitalist end. The argument examines and finds wanting conceptions of money in political economy, including Keynesianism and neoliberalism, and argues that the debate about financialisation is fundamentally based on the propositions of political economy. It holds that Marx’s critique of (...) political economy conceives of money as the form of value and expounds money-making as the purpose of the capital labour economy. Thus, the labour theory of value is fundamentally a monetary theory of value, labour is the means of valorisation, and that is, of money in process, and as such capital. Making money out of money is capital as its most rational. In the form of credit, money posits wealth as a claim on future surplus value. (shrink)

There is significant research value in the secondary use of surplus human tissue which has been removed during clinical care and is stored in diagnostic archives. However, this value is limited without access to information about the person from whom the tissue was removed. As the research value of surplus tissue is often not realised until after the patient’s episode of care, it is often the case that no consent has been given for any (...) class='Hi'>surplus tissue to be used for research purposes. The Human Tissue Act 2004 does permit research use of surplus tissue without consent, but the researcher must not be in possession of information which could identify the person from whom the tissue was removed. Due to the commonly applied ‘consent or anonymise’ approach, linking tissue and data is challenging and full anonymisation would likely render much research on surplus tissue ineffectual. This article suggests that in recognising the value in surplus tissue linked with information about the person, a ‘share and protect’ approach which considers safeguards other than anonymisation, where obtaining consent for research use would not be feasible, would better balance the public benefit of health research with the protection of individual rights and interests than a requirement for either consent or anonymisation. (shrink)

Social accounting focuses on value transactions between organizations and their stakeholders; both market ones, where the value perceived by the different stakeholders is identified, and non-markets ones, where transactions are monetized at their fair value. There was long awareness of an emotional value translation, linked to the transfer of different products, services, remunerations, and incentives, regardless of whether they were market or non-market. Yet that emotional value seemed to be anchored in the field of psychology (...) and managed to elude economic science. This study seeks to identify emotional value with consumer surplus and, by extension, of the other stakeholders in a value transfer process. This proposal allows the emotional value to be anchored in the micro-economy and allows it to be objectively calculated using a regression involving three elements: the market price, the fair value interval, and a perceived satisfaction score by the different stakeholders in the form of significant sampling. The result obtained not only allows Social Accounting to be complemented with emotional value, but it also facilitates its incorporation in the strategy to optimize the emotional value. Furthermore, it enables a quantification of the perceived subjective utility, which opens up a research path where some possible lines are clearly identified. (shrink)

A situation, in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (point-valued) solution for TU-games assigns a payoff distribution to every TU-game. In this article we discuss a class of equal surplus sharing solutions consisting of all convex combinations of the CIS-value, the ENSC-value and the equal division solution. We provide several characterizations of this class of solutions on (...) variable and fixed player set. Specifications of several properties characterize specific solutions in this class. (shrink)

Reasoning with diagrams is considered to be a peculiar form of reasoning. Diagrams are often associated with imagistic representations conveyed by spatial arrangements of lines, points, figures, or letters that can be manipulated to obtain knowledge on a subject matter. Reasoning with diagrams is not just ‘peculiar’ because reasoners use spatially arranged characters to obtain knowledge – diagrams apparently have cognitive surplus: they enable a quasi-intuitive form of knowledge. The present paper analyses the issue of diagrams’ cognitive value (...) by enquiring into the tradition of symbolic cognition developed by Leibniz, Lambert, and Kant. The proposal resulting from this enquiry is to question the idea that the cognitive value of diagrams lies solely in allowing evidence for inferences. The imaginative dimension of diagrams connects reasoning to doxastic attitudes of meditation and enquiry. (shrink)

Marx's rethinking of the combination between absolute surplus-value and relative surplus-value during the 1860s is very important in order to reconsider the co-presence of different forms of historical temporality and exploitation. Postmodernism presents a picture of a plurality of historical times in which the old lies beside the modern and the sweatshop beside the high-tech factory. Because it fails to provide an explanation of the relation between these forms, postmodernism produces a false image of an 'ahistorical' (...) present. In this article I want to show how the combination of differentials of surplus-value works and why a representation of a plurality of historical temporalities synchronised by the temporality of socially-necessary labour is the most adequate image to comprehend it. The theoretical task is to show how the mature categorial structure of Capital not only does not need an historicist philosophy of history, but is in fact incompatible with it. (shrink)

Reasoning with diagrams is considered to be a peculiar form of reasoning. Diagrams are often associated with imagistic representations conveyed by spatial arrangements of lines, points, figures, or letters that can be manipulated to obtain knowledge on a subject matter. Reasoning with diagrams is not just ‘peculiar’ because reasoners use spatially arranged characters to obtain knowledge – diagrams apparently have cognitive surplus: they enable a quasi-intuitive form of knowledge. The present paper analyses the issue of diagrams’ cognitive value (...) by enquiring into the tradition of symbolic cognition developed by Leibniz, Lambert, and Kant. The proposal resulting from this enquiry is to question the idea that the cognitive value of diagrams lies solely in allowing evidence for inferences. The imaginative dimension of diagrams connects reasoning to doxastic attitudes of meditation and enquiry. (shrink)

Reasoning with diagrams is considered to be a peculiar form of reasoning. Diagrams are often associated with imagistic representations conveyed by spatial arrangements of lines, points, figures, or letters that can be manipulated to obtain knowledge on a subject matter. Reasoning with diagrams is not just ‘peculiar’ because reasoners use spatially arranged characters to obtain knowledge – diagrams apparently have cognitive surplus: they enable a quasi-intuitive form of knowledge. The present paper analyses the issue of diagrams’ cognitive value (...) by enquiring into the tradition of symbolic cognition developed by Leibniz, Lambert, and Kant. The proposal resulting from this enquiry is to question the idea that the cognitive value of diagrams lies solely in allowing evidence for inferences. The imaginative dimension of diagrams connects reasoning to doxastic attitudes of meditation and enquiry. (shrink)