IDEAS IN MOTION

What is the difference between Abstraction and Decommonization; How about Capitalist Value vs. Fetish Value


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This episode, based on an excerpt from Dr. S. A. Hamed Hosseini, addresses a student's confusion regarding the core distinctions between key concepts in critical theory, particularly those related to the origins of capitalist value. The text systematically differentiates abstraction (broken into primary and secondary stages) from decommonization, explaining that decommonization is the overarching process where life-sustaining sources, such as human creativity, are initially seized and transformed into exploitable resources for profit. Furthermore, the explanation meticulously clarifies the differences between commodity value (Marx's focus on abstract labor time), capitalist value (a broader scope including uncompensated contributions like nature and social reproduction), and fetish value, which exposes the destructive nature of capitalist value by accounting for the lost "true value" resulting from the process of decommonization. Ultimately, the lecturer provides a framework to understand how creative capacity is converted into controllable labor, subsequently refined into abstract labor subject to market forces, and finally contributing to a profit system that conceals its foundational debt to humanity and planetary life.

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IDEAS IN MOTIONBy Dr S A Hamed Hosseini


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