Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-28T09:11:27.877Z Has data issue: false hasContentIssue false
  • English
  • Français

THE TIME-SPACES OF CAPITALISM: SUZANNE DE BRUNHOFF AND MONETARY THOUGHT AFTER MARX

Published online by Cambridge University Press:  29 June 2021

Laurent Baronian
Laurent Baronian*
Affiliation:
Laurent Baronian: CEPN, Université Sorbonne Paris Nord.
*
Corresponding author. E-mail: [email protected]
Get access Rights & Permissions [Opens in a new window]

Abstract

The paper is dedicated to Suzanne de Brunhoff’s monetary thought and shows how her analysis of very concrete monetary and financial problems of her time led her to develop the most innovative contributions to Marxist theory of money since classical Marxism. Concepts such as non-contemporaneity of capitalism with itself, pseudo-social validation, conflict centralization, or State management of money and labor power reflect her profound analysis of the ways capitalism generates very particular relations to space and time. By looking at this spatio-temporal dimension of de Brunhoff’s concepts, this paper aims to reveal the novelty, power, and fruitfulness of her monetary analysis. The first part of the paper seeks to define the meaning of the concept of general equivalent, drawing on her reading of Karl Marx’s Capital, before situating her approach in relation to institutionalist theories of money. The second part considers de Brunhoff’s analysis of the particular time-spaces of capitalism.

Type
Articles
Information
Journal of the History of Economic Thought , Volume 43 , Issue 3 , September 2021 , pp. 420 - 432
Copyright
© The History of Economics Society, 2021

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

The author thanks the two anonymous referees for their thoughtful reading of the first version of this paper and their insightful suggestions for the final version.

References

REFERENCES

Aglietta, Michel. 1977. “Brunhoff (S. de)—État et capital.” Revue économique 28 (4): 651–655.CrossRefGoogle Scholar
Aglietta, Michel, and Cartelier, Jean. 1998. “Ordre monétaire des économies de marché.” In Aglietta, Michel and Orléan, André, eds., La monnaie souveraine. Paris: Éditions Odile Jacob, pp. 129–157.CrossRefGoogle Scholar
Althusser, Louis. 2005. For Marx. London and New York: Verso.Google Scholar
Bellofiore, Riccardo. 2018. “Comment devenir marxien? L’héritage de Suzanne de Brunhoff.” In Bellofiore, Riccardo, Cohen, Daniel, Durand, Cédric, and Orléan, André, eds., Penser la monnaie et la finance avec Marx: Autour de Suzanne de Brunhoff. Rennes: Presses universitaires de Rennes, pp. 31–42.Google Scholar
Bourdieu, Pierre, and Loïc, J. D. Wacquant. 1994. An Invitation to Reflexive Sociology. Chicago: University of Chicago Press.Google Scholar
Brunhoff, Suzanne de. 1971. L’offre de monnaie. Histoire d’un concept. Paris: Maspero.Google Scholar
Brunhoff, Suzanne de. 1973. La politique monétaire. Un essai d’interprétation marxiste. Paris: Presses Universitaires de France.Google Scholar
Brunhoff, Suzanne de. 1976a. Marx on Money. Second edition. London: Verso.Google Scholar
Brunhoff, Suzanne de. 1976b. La monnaie chez Marx. Paris: Éditions sociales.Google Scholar
Brunhoff, Suzanne de. 1976c. “Crise capitaliste et politique économique.” In Poulantzas, N., ed., La crise de l’État. Paris: Presses Universitaires de France, pp. 133–151.Google Scholar
Brunhoff, Suzanne de. 1978. The State, Capital and Economic Policy. London: Pluto Press.Google Scholar
Brunhoff, Suzanne de. 1979. Les rapports d’argent. Grenoble: Presses universitaires de Grenoble.Google Scholar
Brunhoff, Suzanne de. 1986. L’heure du marché: Critique du libéralisme. Paris: Presses universitaires de France.Google Scholar
Brunhoff, Suzanne de, and Cartelier, Jean. [1974] 1979. “Une analyse marxiste de l’inflation.” In de Brunhoff, Suzanne, Les rapports d’argent. Grenoble: Presses universitaires de Grenoble.Google Scholar
Elbe, Ingo. 2013. “Between Marx, Marxism, and Marxisms—Ways of Reading Marx’s Theory.” Viewpoint Magazine. https://viewpointmag.com/2013/10/21/between-marx-marxism-and-marxisms-ways-of-reading-marxs-theory/. Accessed May 9, 2021.Google Scholar
Foucault, Michel. 2008. The Birth of Biopolitics: Lectures at the Collège de France, 1978–79. Basingstoke and New York: Palgrave Macmillan.Google Scholar
Hilferding, Rudolf. [1910] 1981. Finance Capital: A Study of the Latest Phase of Capitalist Development. London and Boston: Routledge and Kegan Paul.Google Scholar
Ingham, Goeffrey K. 2004. The Nature of Money. Cambridge, UK, and Malden, MA: Polity.Google Scholar
Innes, Alfred Mitchell. 1914. “The Credit Theory of Money.” In Wray, L. Randall, ed., Credit and State Theories of Money: The Contributions of A. Mitchell Innes. Cheltenham: Edward Elgar Publishing, pp. 50–78.Google Scholar
Lapavitsas, Costas. 2017. Marxist Monetary Theory: Collected papers. Leiden: Brill.CrossRefGoogle Scholar
Luxemburg, Rosa. [1913] 2003. The Accumulation of Capital. London and New York: Routledge.Google Scholar
Marx, Karl. [1867] 1990. Capital. Volume 1. London: Penguin Books.Google Scholar
Minsky, Hyman P. 1992. “The Financial Instability Hypothesis.” The Jerome Levy Economics Institute, WP N°74. Available at Social Science Research Network website: https://papers.ssrn.com/abstract=161024. Accessed May 2, 2021.Google Scholar
Mollo, Maria de Lourdes Rollemberg. 2018. “La monnaie comme rapport social dans la pensée hétérodoxe française.” In Bellofiore, Riccardo, Cohen, Daniel, Durand, Cédric, and Orléan, André, eds., Penser la monnaie et la finance avec Marx: Autour de Suzanne de Brunhoff. Rennes: Presses universitaires de Rennes, pp. 75–103.Google Scholar
Moseley, Fred, ed. 2005. Marx’s Theory of Money. London: Palgrave Macmillan.CrossRefGoogle Scholar
Negri, Antonio. 1988. Revolution Retrieved: Writings on Marx, Keynes, Capitalist Crisis, and New Social Subjects (1967–83). London: Red Notes.Google Scholar
Papadimitriou, Dimitri B., and Wray, L. Randall. 1999. “Minsky’s Analysis of Financial Capitalism.” The Jerome Levy Economics Institute, WP N° 275. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=180071. Accessed May 2, 2021.Google Scholar
Postone, Moishe. 1993. Time, Labor, and Social Domination: A Reinterpretation of Marx’s Critical Theory. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Reichelt, Helmut. 2007. “Marx’s Critique of Economic Categories: Reflections on the Problem of Validity in the Dialectical Method of Presentation in Capital.” Historical Materialism 15 (4): 3–52.CrossRefGoogle Scholar
Trotsky, Leon. [1932–1933] 2008. History of the Russian Revolution. Chicago: Haymarket Books.Google Scholar
Wray, L. Randall. 2010. “Money.” Levy Economics Institute, WP N°647. http://www.levyinstitute.org/pubs/wp_647.pdf. Accessed May 2, 2021.Google Scholar