IDEAS IN MOTION

Capital Redefined: A Conversational Overview of Chapter 2


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"The history of all hitherto existing societies... is the history of two separate yet overlapping ideal types of struggles: one is between the value makers and value takers within the dominant value regime over the distribution of value, and the other, a more decisive one, over ‘what ought to constitute value’ and the foundational structure of the value regime itself."

This episode presents an overview of the second chapter of the book, Capital Redefined, by Hosseini and Gills. By introducing the concepts of "true value" and "fetish value" and identifying four commoning causal sources, the authors aim to develop an integrative normative-analytical framework capable of addressing the limitations of existing theories and informing transformative movements towards a post-capitalist future. The chapter highlights the importance of moving beyond a narrow focus on production and economics to encompass the broader social and ecological dimensions of value and the potential for alterity.

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IDEAS IN MOTIONBy Dr S A Hamed Hosseini