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Everything old is "neo" again: towards a Marxist hermeneutic approach to political economy

Research Output: Contribution to journal Article Peer-review

Abstract

This article sets out the contours of a Marxist hermeneutic approach to political economy. It begins by outlining how such a critique of political economy would function, with a particular emphasis on approaches which understand the discipline of economics as theory. It further claims that critique is over-reliant on the concept neoliberalism; that the categories proper to economic critique are value, time and space and that the innovation of a hermeneutic approach would be to reintroduce a sphere for antagonism through the analysis of the relationship of economic theory to value. To substantiate this argument, I offer an analysis of some important trends in recent scholarship on neoliberalism, notably the regulation school and the work of Wendy Brown. The article concludes by arguing that a reorientation towards value is timely and necessary, given the serious global recession precipitated by the Coronavirus and the economic reorganisation which will ensue.

Publication Information

Output type

Research Output: Contribution to journal Article Peer-review

Original language

English

Pages from-to (Number of pages)

Pages 148-161 (14 pages)

Journal (Volume, Issue Number)

Angelaki - Journal of the Theoretical Humanities (Volume 27, Issue 5)

Publication milestones

  • Accepted/In press - 27/06/2021
  • Published - 20/09/2022

Publication status

Published - 20/09/2022

ISSN

0969-725X

External Publication IDs

  • handle.net: 10547/625565
  • Scopus: 85138399388