is, a collapse via thousands and thousands of minor lacerations of creative-power, finally visible only when the weight of the last straw conclusively breaks capitalism’ s back and its bewitching spell.
Delving more comprehensively into Marx’ s rational economic framework, outlined at the start of volume 3, part 2 of this theoretical exegesis, begins by outlining two giant departments, first described in volume 2, which can serve as exemplars in explaining what Marx is attempting to do via his economic model. First of all, the objective of this is to show how Marx’ s economic model functions via a solid practical example so as to explain how his economic model serves to expound a whole host of socioeconomic phenomena that seems chaotic, fluctuating and prone to crisis. The aim of this is to demonstrate how prices of production, constructed around average profit and production-cost, within a sphere of production, serve to describe aspects of a governing law of value. Subsequently, in part 3 of this theoretical exegesis, the objective is to show, via Marx’ s economic model, that if value is not like Marx suggest solely scientifically quantifiable value; but is also unquantifiable value, produced by a source far more multi-varied than quantifiable labor-power, namely, creative-power, then, Marx’ s basic economic model and assumptions, although rational, are nonetheless incomplete. As a result of the influence of creative-power, value, price, wage and profit are determinations forever admixing with each other, they are arbitrary social constructions, increasingly based on conceptual-perception, networks and management. Specifically, they are determinations that are never categorically fixed or stable, but flexible slippery categories subject to loose flexible margins, governed by loose temporary network-structures, that are devoid of outside laws and / or any overarching law of value. As a result, due to the influence of creative-power upon capitalist production, consumption and distribution, value, price, wage and profit are increasingly prone to network-machinations, they are determinations socially constructed through underlying struggles and tug of wars rather than any rational mechanistic calculations based on objective scientifically quantifiable value. The aim, in part 3 of this theoretical exegesis, is to demonstrate that creative-power and unquantifiable general-value have a far greater influence on value, price and profit, than Marx theorized. Due to the fact that a broader understanding of value can explain the many of contemporary post-industrial, post-modern, socio-economic phenomena, which short-circuit Marx’ s political economic analysis and model outlined in volume 3.
Notably, Marx’ s economic model is most comprehensible when outlined through his two great economic departments within capitalist society, introduced at the end of volume 2, in the sense that this facilitates the understanding of Marx’ s inherent logical economic calculations, formulas and assumptions. Above all, a department, for Marx, is set of capitalist industries functioning according to similar purposes and objectives, in reproducing the fundamental class relations within capitalist society. In volume 2, Marx identifies two great departments within the capitalist mode of production, i. e. department 1, which concerns itself with the production of means of production and, department 2, which concerns itself with the production of means of consumption. For instance, he states,
society’ s total product, and this its total production process, breaks down into two great departments: I. Means of production: commodities that possess a form in which they either have to enter productive consumption, or at least can enter this …[ And ] II. Means of consumption: commodities that possess a form in which they enter the individual consumption of the capitalist and working class. In each of these departments, all the various branches of production belonging to it form a single great branch of production, one of these being that of means of production, the other that of means of consumption … In each department, the capital has two components:( 1) Variable Capital. As far as its value goes, this is equal to the value of the social labor-power applied in this branch of production, i. e. the sum of the wages paid …( 2) [ the other is ] Constant Capital. This is the value of all the means of production applied to production in this branch. It breaks down in turn into fixed capital: machines, instruments of labor, buildings, draught animals