Value in Capitalist Society

Know about the book -

Value in Capitalist Society is written by Paul Cobben and published by BRILL. It's available with International Standard Book Number or ISBN identification 9004294309 (ISBN 10) and 9789004294301 (ISBN 13).

Marx’s analysis of the commodity results in his conception of Capital as substance in the form of alienation. While Hegel claims that substance can be understood as the realization of freedom, Marx shows this freedom to be alienated labor: abstract labor, which Marx identifies as the capitalist conception of value. The book clarifies why Marx’s so-called materialist criticism of Hegel can be conceived of as an immanent criticism of Hegel: Marx’s criticism explicates that the realization of freedom in the Philosophy of Right contradicts Hegel’s basic point of departure. The adequate realization of freedom not only leads to an alternative (non-alienated) conception of value, but also explains why this conception of value is fully compatible with the free market.