The Post-Industrial, Post-Modern Theory of Value and Surplus-Value (Deconstructing the Marxist Fetishism of value) | Page 6

processes of capitalist production , consumption and distribution , permitting the capitalist modes of production , consumption and distribution to reduce expenditures and , I dare say , expand its extraction and accumulation capabilities . And more importantly , normalizing the logic of capitalism , i . e . the logic , that impels and forces the maximization of “ profit by any means necessary at the lowest financial cost as soon as possible ”[ 15 ]. In effect , creative-power is the intelligence permeating all the capitalist structures of labor-power , which is able to fasten and / or unfasten the brute force of labor-power that is directly fixed to the assembly-lines and / or divisions of labor pervading capitalism , i . e . the many capitalist modes of production , consumption and distribution . Creative-power is the fulcrum of capitalism itself , it refines and perfects the socio-economic processes of capitalism and it normalizes the brutally and the exploitation of the capitalist-system . Creative-power is primarily unquantifiable value , as a result , it is the unacknowledged unpaid central-operating-code and revolutionary force that contours all capitalist processes .
In sum , the creative-power that permeates capitalism in general , has an innate ability to circumvent the pitfalls outlined by Marx ’ s fatalist capitalist analysis in volume 3 . More importantly , the creative-power that permeates capitalism in general , has an innate ability to negate Marx ’ s rational labor theory of value , that is , the law of value , which is itself based on a rigorous economic rationality that , although beautiful and well-organized in its exposition , lacks pragmatic verity in describing real postindustrial , post-modern socio-economic phenomena . This is not to say that Marx totally missed the mark , but his emphasis on scientific quantification and the scientific quantification of value , namely , that value can only be measured and thought of in particular seconds , minutes , hours , and days of exact unitexpenditures of labor-power , means that Marx reduced capitalism to a mechanistic law-like Newtonian clock / apparatus . The fact is that capitalism , i . e . the logic of capitalism , is far more plural , adaptable and cunning , to ever limit itself to the confines of a rational labor theory of value , i . e ., an overarching indisputable law of value . Its sole premise , if it has one , is to maximize profit by any means necessary . Consequently , due to his strict use of economic reason and rigorous scientific analysis , Marx , ultimately reduced the logic and the apparatus of capitalism to inflexibility , inelasticity and homogeneity , a rigid system governed by a set of narrow immutable laws incapable of malleability , dexterity and heterogeneity , i . e . capitalism as a scientific quantifiable equalizing apparatus , where value , labor-power , price , wages etc . are predictable and categorically constant over time and over space . Apropos , Marx failed to notice the creative-power and the anarchy influencing , shaping and informing the capitalist modes of production , consumption and distribution , beyond what can be scientifically quantified . Beyond the strict parameters of mechanistic economic reason and its tendency to envision capital , and capitalism , as a mechanical homogenizing force , hardwired towards general equalization across all spheres .
II
Examining this fact more closely , through Marx ’ s famous economic model outlined in the first two sections of volume 3 , pertaining to prices of production , that is , how value generated in the capitalist production process is eventually transformed via exchange into profit and prices of production , it is evident that , for Marx , total prices equals total value . As Marx states , “ price , in its general concept , is simply value in the money form ”[ 16 ], meaning that “ the formal conversion of … value into price [ is ]… a mere change of form ”[ 17 ], and in order to do this sort of conversion , ultimately , “ price =… value ”[ 18 ]. This is the basis of Marx ’ s whole abstract economic model outlined in the first two sections of volume 3 , which , at the most abstract level of economic reason , means that the total sum of values equals the total sum of prices , i . e ., all the individual prices found in the marketplace taken as a whole equal all the individual quantifiable values taken as a whole . Marx arrives at this fundamental equation by conceiving the economy as a unified totality ; and only at the abstract level of an economic unified totality , for Marx ,