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612-822-4611
Wealth, Value and the Invaluable: Foundations of a Socio-Ecological Critique of Capitalist Economy

Wealth, Value and the Invaluable: Foundations of a Socio-Ecological Critique of Capitalist Economy

Hardcover

Series: Historical Materialism Book, Book 399

EconomicsGeneral SociologySocial Movements

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ISBN10: 9004769013
ISBN13: 9789004769014
Publisher: Brill
Language: English
This book offers a social and ecological critique of contemporary capitalism by revisiting political economy, from Aristotle to Smith and Ricardo, and its radical critique by Marx. Labor is the only creator of value that acquires social recognition through monetary exchange, whether market-based or non-market-based.
But humanity draws from nature riches that cannot be reduced to economic value. By reformulating the distinction between wealth and value, this book shows that what escapes market quantification is inestimable. This leads to a proposal for escaping the trap of the infinite accumulation of capital.

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General Sociology