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Value of Knowledge Reference

Saturday, May 21, 2022 1:13 PM

‘to each according to their needs, from each according to their ability’
Ethical Values
From the late sixteenth century until the mid-nineteenth century, the bourgeoisie
conducted a struggle for the overthrow of feudalism to create the conditions for the
accumulation of Value (capital). This struggle was conducted across a wide front
including political agitation in favour of the Rights of Man and the systematic
development of science and philosophy, particularly Epistemology - the study of the
limits and validity of Knowledge. The progress of Epistemology is intimately linked
to the practical progress of knowledge and co-extensive with the era of the
bourgeoisie. Epistemology is the Essence of Bourgeois Philosophy.
On the other hand, every step forward in science and technology has served only to
plunge whole nations into destitution and wealth has been amassed by the perfection
of weapons of war, deepening hypocrisy and growing unemployment. The
bourgeoisie’s attempts to develop Ethics are laughably inept. As Engels relates
in Socialism, Utopian & Scientific in relation to the French Revolution:
Formerly, the feudal vices had openly stalked about in broad daylight;
though not eradicated, they were now at any rate thrust into the
background. In their stead, the bourgeois vices, hitherto practiced in
secret, began to blossom all the more luxuriantly. Trade became to a
greater and greater extent cheating. The “fraternity” of the revolutionary
motto was realized in the chicanery and rivalries of the battle of
competition. Oppression by force was replaced by corruption; the sword,
as the first social lever, by gold. The right of the first night was transferred
from the feudal lords to the bourgeois manufacturers. Marriage itself
remained, as before, the legally recognized form, the official cloak of
prostitution, and, moreover, was supplemented by rich crops of adultery.
In a word, compared with the splendid promises of the philosophers, the
social and political institutions born of the “triumph of reason” were
bitterly disappointing caricatures.
Thus history raised the question of the relation of Knowledge and Ethics. Most of the
great philosophers of the classical period of bourgeois philosophy also speculated in
Ethics. The Encyclopedia Britannica provides the following overview of Ethics:
How should we live? Shall we aim at happiness or at knowledge, virtue, or
the creation of beautiful objects? If we choose happiness, will it be our
own or the happiness of all? And what of the more particular questions
that face us: Is it right to be dishonest in a good cause? Can we justify
living in opulence while elsewhere in the world people are starving? If
conscripted to fight in a war we do not support, should we disobey the
law? What are our obligations to the other creatures with whom we share
this planet and to the generations of humans who will come after us?
Ethics deals with such questions at all levels. Its subject consists of the
fundamental issues of practical decision making, and its major concerns

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fundamental issues of practical decision making, and its major concerns
include the nature of ultimate value and the standards by which human
actions can be judged right or wrong. Ethics is not a matter of factual
knowledge in the way that the sciences and other branches of inquiry are.
Rather, it has to do with determining the nature of normative theories and
applying these sets of principles to practical moral problems.
While there are many tendencies and branches of Ethics, the dominant trend which
is characteristic of bourgeois society is Utilitarianism, which is nothing more than
bourgeois political economy translated into the language of Ethics.

Utilitarianism
Utilitarianism, which dates from the late 18th century, is the doctrine that an action
is moral if it tends to promote the sum of human happiness (or “utility”). Jeremy
Bentham and John Stuart Mill as its most celebrated exponents. The definition of
this “happiness” is somewhat problematic, and there are many different tendencies
dealing in one or another way with the contradictions and interpretations arising in
trying to work out a consistent system on this basis. Some economists define “utility”
in the same terms as economic value, as “preference” or in Mills’ term, utility in the
same sense in which Mill referred to the magnitude of use-value as “utility.” So it is
natural that this concept of “utility” has undergone the same development in Ethics
as it has in economics. That is, “utility” means value in the sense of how much people
are prepared to pay for something. The ethical doctrine of Utilitarianism takes its
name from the concept of “utility” which means, in the lexicon of those who founded
the doctrine, economic value, and when we talk of the “sum of utility” we are quite
definitely talking about the sum of values added in the economy. Thus, Utilitarianism
is today more or less the doctrine that the guiding principle of any person’s life is the
maximizing of the Gross National Product.
Utilitarianism is by its very nature fraught with contradictions and it is scarcely likely
that any one of its exponents would claim to have made a definitive system of
Utilitarian Ethics. In this context, it is possible to see where the luminaries of the
Club of Rome were coming from in advocating changing the method of calculating
the GNP as a means of making a better world – they accept (with some justice) that
economic value is an objective measure of the values of a society, nit only in the
economic sense, but in the “ultimate” sense. [See “Theories of Value”] Thus, while it
is valid to surmise that calculation of the GNP reflects the goals of a society, it is
questionable whether re-calculating the GNP so that it is no longer a measure of
economic value will have any effect whatsoever beyond the functioning of measuring
what it measures.
Likewise, rational decision theory (i.e. Game Theory) has played an increasingly
prominent part in post-modern economic theory. Thus, with computer simulation
well-suited to the application of game-theory, it is now increasingly possible to
express economic activity in terms commensurate with the ethics of a given society or

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express economic activity in terms commensurate with the ethics of a given society or
individual “economic agents.”
The theory of value in bourgeois political economy certainly expresses in ideological
form the reality of value in bourgeois political economy. However, it does so only in a
distorted and fantastic way, because the theory of value in any given epoch is
mediated by the dominant positivistic (or “rationalistic”) ideology of the times.
Likewise, bourgeois ethics, Utilitarianism, reflects in an idealistic, distorted way the
reality of ethics in bourgeois society. Idealistic, not only because in the writing of the
professional philosophers of any given society there is considerable room for
hypocrisy, but because the conceptual means available to them are only as developed
as the society itself. The philosophers of the French Enlightenment were not
hypocrites. They fervently believed in their vision of a Kingdom of Reason, and that
Rousseau’s Social Contract could be implemented and usher in a better world.
Rousseau was no fool though, and advised that “Man must be deprived of his own
powers and given alien powers which he cannot use without the aid of others” [Social
Contract, 1782] But things don’t always work out as you expect.
John Stuart Mill published the first consistent exposition of Utilitarianism in 1863.
Twenty years earlier, Marx explained in the Economic & Philosophical
Manuscripts of 1844:
You must make everything that is yours saleable, i.e., useful. If I ask the
political economist: Do I obey economic laws if I extract money by
offering my body for sale, by surrendering it to another’s lust?... Or am I
not acting in keeping with political economy if I sell my friend to the
Moroccans? ... Then the political economist replies to me: You do not
transgress my laws; but see what Cousin Ethics and Cousin Religion have
to say about it. My political economic ethics and religion have nothing to
reproach you with, but – But whom am I now to believe, political
economy or ethics? – The ethics of political economy is acquisition, work,
thrift, sobriety – but political economy promises to satisfy my needs. –
The political economy of ethics is the opulence of a good conscience, of
virtue, etc.; but how can I live virtuously if I do not live? And how
can I have a good conscience if I do not know anything? It stems from the
very nature of estrangement that each sphere applies to me a
different and opposite yardstick - ethics one and political economy
another; for each is a specific estrangement of man and focuses
attention on a particular field of estranged essential activity, and each
stands in an estranged relation to the other. Thus M. Michel
Chevalier reproaches Ricardo with having ignored ethics. But Ricardo is
allowing political economy to speak its own language, and if it does not
speak ethically, this is not Ricardo’s fault. M. Chevalier takes no account
of political economy insofar as he moralises, but he really and necessarily
ignores ethics insofar as he practises political economy.
The relationship of political economy to ethics, if it is other than an
arbitrary, contingent and therefore unfounded and unscientific
relationship, if it is not being posited for the sake of appearance but is
meant to be essential, can only be the relationship of the laws of
political economy to ethics. If there is no such connection, or if the

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political economy to ethics. If there is no such connection, or if the
contrary is rather the case, can Ricardo help it? Moreover, the opposition
between political economy and ethics is only
an apparent opposition and just as much no opposition as it is an
opposition. All that happens is that political economy expresses
moral laws in its own way.
Adam Smith, the master of British Political Economy, came to the writing of Wealth
of Nations (1776) from a study of Moral Philosophy (the title of his earlier book) and
saw political economy as an objective science of ethics. Ethical and Epistemological
considerations were also closely connected for all the great figures of classical
bourgeois philosophy. The 1840s however, marked a sharp division between the two
“departments” and at the same time the subjection of the whole question of
knowledge to a qualitatively higher level of development of the division of labour.
After the 1840s, the “right-wing” opposition to the dominant “rationalistic” current
of bourgeois philosophy (Kierkegaard, Schopenhauer and later Nietzsche) gave
priority to ethics, and down-played the concept of scientific knowledge.
While political economy (i.e. economics) continues ever after to be a meeting-point
of Ethics and Knowledge, the estranged separation pointed to by Marx is the central
problem of bourgeois consciousness beginning from the 1840s, and reflects the
rapidly increasing division of labour within bourgeois society. Mills’ Utilitarianism is
a unique expression of the material identity and formal separation of Ethics and
Knowledge.
In a society in which individuals relate to one another as commodities, in a society
sundered by alienation between people, alienated from itself – the ethics manifested
in the laws of political economy predominate and tend to overwhelm the “unreal”
“personal” or religious ethical principles which stand aside from the market.

Rights
The concept of Rights has its origin in pre-capitalist societies which were founded on
systems of social rights and obligations.
For feudalism ... the elements of civil life such as property, the family, the
mode and manner of work, for example, were raised into elements of
political life in the form of landlordism, estates and corporations. In this
form they determined the relation of the particular individual to the state
as a whole, that is, his political relation, his separation and exclusion from
other parts of society. ... [From On the Jewish Question, Marx 1843]
That is, Right in pre-capitalist society regulated the civil life of each individual, the
political life of each was defined by her place in civil life. From as early as the time of
the Magna Carta, there began to emerge concepts of “The Rights of Man.” Denis
Diderot, in the decades leading up to the French Revolution, elaborated the idea of
“natural rights” that were subsequently enshrined in the Constitution of the French
Revolution; Thomas Paine was instrumental also in bringing forward the Rights of
Man in the American Revolution which were subsequently reflected in the drafting of

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Man in the American Revolution which were subsequently reflected in the drafting of
the Constitution of the French Republic.
Political Rights & “Human Rights”
Marx draws attention to the distinction held between rights of citizens (civil
or political rights) and:
“the so-called rights of man ... are only the rights of the member of civil
society, that is, of egoistic man, man separated from other men and from
the community.
“Liberty is thus the right to do and perform anything that does not harm
others. The limits within which each can act without harming others is
determined by law ... This is the liberty of man viewed as an isolated
monad, with drawn into himself. ... liberty as a right of man is not based
on the association of man with man but rather on the separation of man
from man. It is the right of this separation, the right of the limited
individual limited to himself. The practical application of the right of
liberty is the right of property. ... the right of self-interest. .... It lets every
man find in other men not the realisation but rather the limitation of his
own freedom. ... Thus none of the so-called rights of man goes beyond the
egoistic man, the man withdrawn into himself, his private interest and his
private choice, and separated from the community as a member of civil
society ... The only bond between men is natural necessity, need and
private interest, the maintenance of their property and egoistic persons.”
[From On the Jewish Question, Marx 1843]
“Human rights” is a word which has been flung around quite a lot recently, so to
summarize the distinction Marx is making here:
Human rights – the right to property, freedom of religion, etc., the rights
which guarantee the concrete, real human being in their occupation, their
beliefs, etc. – are founded on the separation of man from man, not on the
relations or community of people, and are the foundation of bourgeois
political economy.
Political rights, – equality before the law, universal suffrage, etc. – on the
other hand, are the rights of an abstract human being, rights which
abstract from the real differences in wealth, privilege, education
occupation, kinship etc.. [“political man is only abstract, artificial man,
man as an allegorical, moral person”].
The foundation of the state upon political rights equalized between abstract human
beings, is the basis of a situation where the real differences and relations in social
power dominate political life. Political life is thus falsely based
on abstraction. Consequently, the bonds real human domination express themselves
most effectively in such a State. [It thus becomes possible to understand why the US
supports the gaoled Deputy Prime Minister of Malaysia rather than the
“undemocratic” Mahatiar]. In general, civil life dominates political life, and most
effectively in the state founded on abstract political rights. The key to the struggle
against capitalist oppression is thus that there can be no real political emancipation
without real human emancipation.
The essence of bourgeois right is thus abstract, universal rights, the rights reflected
economically in global, universal, free competition and exchange.
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economically in global, universal, free competition and exchange.
Bourgeois Right & Workers’ Rights
In its struggle which develops within capitalism, the proletariat also brings forward
its own distinctive “workers’ rights.” Marx explains for example, in Critique of the
Gotha Program:
“Within the cooperative society based on common ownership of the
means of production, the producers do not exchange their products; just
as little does the labour employed on the products appear here at the
value of these products, as a material quality possessed by them, since
now, in contrast to capitalist society, individual labour no longer exists in
an indirect fashion, but directly as a component part of the total labor. ...”
“in a communist society ... as it emerges from capitalist society ... equal
right here is still in principle – bourgeois right, although principle and
practice are no longer at loggerheads ... equal right is still constantly
stigmatized by bourgeois limitation. The right of the producers is
proportional to the labor they supply; the equality consists in the fact that
measurement is made by an equal standard, labor.
“But one person is superior to another physically or mentally, and so
supplies more labor in the same time, ... This equal right is an unequal
right for unequal labor ...It is therefore a right of inequality, in its content,
like every right. Right by its nature can consist only in the application of
an equal standard; but unequal individuals ... are measurable only by an
equal standard in so far as they are brought under an equal point of view,
are taken from one definite side only, for instance, in the present case, are
regarded only as workers, and nothing more is seen in them, everything
else is ignored .. To avoid all these defects, right instead of being equal
would have to be unequal.
“But these defects are inevitable in the first phase of communist society as
it is when it has just emerged after prolonged birth pangs from capitalist
society. Right can never be higher than the economic structure of society
and the cultural development conditioned by it.
“In the higher phase of communist society, ... after labor has become not
only a means of life but life’s prime want; after the productive forces have
also increased ... only then can the narrow horizons of bourgeois right be
crossed in its entirety and society inscribe on its banners: ‘From each
according to her ability, to each according to her needs!’ “
The twentieth century, since the crisis of laissez faire capitalism, has seen the
expansion of both human rights and political rights. The victory of women’s suffrage
came first in the antipodes (New Zealand 1893) and spread across the advanced
industrialized countries, mostly complete by 1945 except for Switzerland. Anti-
discrimination legislation and the right to divorce etc. and child care, the various
social measures aiming to make a social reality of women’s equality before the law
stretching up to the present time. The upsurge of the US Civil Rights Movement and
the Women’s Liberation Movement beginning in the late 1960s marks the most
significant steps forward in the progress of these social rights and measures. Similar
rights have later begun to penetrate Asia, the Middle East and Africa.
Concepts of right which impinge on the concept of liberty through various kind of

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Concepts of right which impinge on the concept of liberty through various kind of
“safety net” under the action of the market, such as the minimum wage, and public
sector social support measures such as unemployment benefits, universal health care
systems and the so-called “welfare state” grew up from the beginning of the century.
In the more recent period, rights which have taken the form of anti-discrimination,
extension of concepts of political right from the political sphere to civil society have
accelerated.
However, the accelerating commodification of social relations accompanying the
break-up of social support and repression mechanisms such as the family has been
linked to the acceleration of rights which correspond to the atomization of society.
For example, the right to divorce, equal pay, anti-discrimination laws etc., have gone
hand-in-hand with the growth of the service sector so that the market has stepped
into the vacuum left by domestic labor carried out under kinship responsibilities.
Litigation increasingly replacing social responsibility and regulation; even trade
unions have come to resemble insurance services. Universal compulsory education
has become, in reality, a fiction with state schools increasingly under-funded and
crisis-ridden and higher education more and more an employment requisite.
Bourgeois society is becoming a society of abstract people with abstract political
rights.
But, during this same recent period, even the “safety-net” of the welfare state has also
been subject to the same process of extended commodification and has been
attenuated: public health and education have suffered in quality and more and more
attract payment; old age pensions are being supplanted by self-funded
superannuation schemes; public housing and public transport have suffered from
reduced public funding with the private sector moving into the sector. Despite hopes
to the contrary, capitalism is fashioning society into an image of itself. Workers have
fought for welfare rights in the only way possible, by forcing the state to appropriate
a portion of the revenue of capital and allocate it to welfare, and by forcing
the state to legislate the gains made in bargaining with the employers.
Abstract political rights should ensure that the capitalist class ultimately control the
state which is being relied upon as the custodian of workers’ (and women’s and
children’s, etc.] rights. Still, the bourgeoisie are systematically shrinking the state
and stripping it back to its essence – the military and police. In their zeal, the
bourgeoisie don’t know when to stop, and we see things like the contracting out of
logistics by the army.
Those rights which are exercised by taking labor out of the commodity market and
entrusting them to the State have an inherently anti-bourgeois character. The
development of capitalism is antithetical to such rights and the bourgeoisie is
responding everywhere by diminishing the capacity of the state to do anything.
Marx remarks in the Grundrisse:
The separation of public works from the state, and their migration into

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The separation of public works from the state, and their migration into
the domain of the works undertaken by capital itself, indicates the degree
to which the real community has constituted itself in the form of
capital. ... the state itself and everything connected with it belongs with
these deductions from revenue, belongs so to speak to the consumption
costs for the individual, the production costs for society.”
[from Grundrisse, V, 1857]
During the middle years of this century, history seemed to depart from this
prognosis. However, it is abundantly clear now that the normal course of
development of capitalism is back on track. Under these circumstances, it would be
foolhardy to rely on the state for the guarantee of human rights. Even if an honest
social-democratic government were to be elected – a government, for instance, which
would have to put an end to the State’s addiction to gambling revenue – such a
government would find that they had inherited legislative power and the obligation
to implement sound financial policies to defend the currency, but precious little other
form of social or economic power.
Only the real organizations of the working class – as atrophied and weakened as they
are – can provide the foundation for any counter to the complete atomization of
society.
Beyond Rights
My friend Cyril Smith pointed out to me:
A human life would imply that I have no need for rights against you.
Aristotle – author of the greatest of Ethics books – knew this, when he
said “Where people are in Friendship Justice is not required.” ... Should
we look forward to the ‘withering away’ of rights in a communist society of
the dim and distant future, while continuing to talk about rights today?
That’s not good enough! Our fight today must be directed to moving
people’s thinking away from individual (‘abstract’) rights towards
‘communist consciousness on a mass scale’. Bourgeois society itself gives
birth to communism, but in hidden, inverted forms. Every strike, for
instance, points towards the solidarity of associated producers. This is the
heart of Marx’s ideas, and this is what Marxism completely lost sight of, I
believe.
Rights are inseparable from social obligations. Both are embodied together in the
concept of law, often referred to as Right (as opposed to “Rights”). The concept
of Right develops historically and expresses in each epoch “How must we Live?” The
bourgeoisie brought forward and assembled its supporters behind the banner of “The
Rights of Man” a system of principles which appeared with self-evident virtue and
served to secure the rule of the bourgeoisie. As capitalism develops, new Rights make
their appearance. These include Workers’ Rights – the right to organize, the right to
work and as the productive forces develop such rights as the right to free health and
education and so forth. Further development of capitalism undermines those social
or human rights which presuppose the participation of the state in civil life and
replace them with further extension of abstract, atomizing, bourgeois political rights
in to social life.
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in to social life.
At one point, social welfare is left to the domain of kinfolk; then the state intervenes
and assumes part of the responsibility of the family; then, the state exits from welfare
and the family dissolves into the market with domestic labor provided via the service
sector.
What is required is the reverse process. The real relations of civil society must be
transformed and extended into the regulating organ of society. That is, not state
control by the abstract state of universal suffrage, but regulation by the actual
organization of the producers.
The pinnacle of human rights the right of all people to a living, irrespective not only
of whether a person has produced value, but irrespective of anything. But capitalism
is already moving decisively in the opposite direction, providing to everyone an
abstract equal right to destitution or opulence.

Ethics & Epistemology


Epistemology is the Essence of Bourgeois Philosophy. The Essence of Proletarian
philosophy is Ethics.
The former assertion can be justified by a concrete study of the development of
bourgeois philosophy from 1600 to the present day. [See “Classical Epistemology,”
“1841,” “Perception under the Microscope,” “The Value of Mathematics”] How does
knowledge arise? How do concepts and language arise? They arise through social
relations. The limits and validity of knowledge must correspond to the development
of social practice in any given society. Collective and cooperative labour are thus the
primary source of knowledge. In bourgeois society cooperative labor has become
more extensive than in any previous society and social labor finds its abstract, social
form in the category of value. Thus, the Ground of Epistemology is Value.
The latter assertion can be likewise justified by a concrete study of the development
of the workers’ movement and in fact of all oppositional social currents, such as
youth cultures. A great deal of emphasis has always been placed on the question of
interpretation of history in left-wing politics. This was a big mistake. The essential
question for the workers movement is to be able to live and work differently. Such is
a direct road to liberation. This is no more than to say that Ethics is the essence of
philosophy from the standpoint of the working class who aspire to liberation.
Just as the ethics of a society is a reflection of the development of the economic
structure of society, and consequently of the technical means of production and the
corresponding development of knowledge, the knowledge of a society is an image of
how people must live, of its ethic. As Jacques Monod pointed out in Chance &
Necessity:
First, of course, ... values and knowledge are always and necessarily
associated in action as in discourse.
Second, and above all, because the very definition of ‘true’ knowledge

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Second, and above all, because the very definition of ‘true’ knowledge
rests in the final analysis upon an ethical postulate. ...
Ethics and knowledge are inevitably linked in and through action. Action
brings knowledge and values simultaneously into play, or into question.
All action signifies an ethic, serves or disserves certain values; constitutes
a choice of values, or pretends to. On the other hand, knowledge is
necessarily implied in all action, while reciprocally, action is one of the
two necessary sources of knowledge. [The Ethic of Knowledge and the
Socialist Ideal, 1970]
The possibility for an Ethical life can only arise on the basis of a sufficient
development of the forces of production and the completion of the process of
Knowledge up to a point where it is possible for a society to organize
itself without the exchange of commodities. Within a society based directly on
production for need, an entirely different knowledge would grow up. In the
meantime, it is ethics which must form the basis for practical day-to-day struggle in
the workers’ movement, not agreement on interpretation of history or the theory of
knowledge.
Strangely enough, it is the very exhaustive extent of the penetration of the
commodity relation into the human condition which is bringing about the possibility
of living without exchange of commodities, for as commodification affects more and
more intangible aspects of existence (services, ... information, ... knowledge), value
itself takes on a more and more intangible, though nonetheless hegemonic existence.

Ethics & Political Economy


The centrality of political economy [it is no accident that the 19th century manner of
attaching the word “political” has been abandoned by today’s “economists,” of
course] for the workers’ movement then becomes clear: how to live differently? But
what a political economy! which must simultaneously expel value from political
economy (by ending the alienation of labor) and ground political economy upon
concrete value, working out how people can live humanly and cooperatively.
Just as “friends have no need of justice,” citizens of the genuinely human
society have no need of a measure of value.
Look at the youth cultures. Oppositions to “society” which comes forward as “life-
styles”; no program or “theory of knowledge”; and the response of capital is to
transform them into commodities. The day of the revolution will be the day
capitalism is unable to transform a vibrant youth movement into a commodity. But
the overthrow of capitalism simply means that people go about their business
without having to “balance the books“ with every transaction; the day we live by
Ethics and not by “economic rationalism” is the day capitalism is over.
On the basis of the fullest development of science and the world-wide division of
labor, it is now possible for people to live humanly. A different way of thinking and a
different way of living is possible only upon the basis of social relations in which
human labor is not bought and sold as a commodity, but rather is the voluntary act of

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human labor is not bought and sold as a commodity, but rather is the voluntary act of
free human beings choosing to enter into cooperation with one another.
In “Theories of Value,” I have examined the development of the concept of value
from the seventeenth century up till today, and in the course of this study I have
made occasional reference to the theory of knowledge of the times, consonant with
the dominant scientific currents of the day. This connection is easy to make since
political economy has always been developed in bourgeois society as a branch of
science, and the theory of knowledge has always had a strong and explicit connection
with the development of science. It is incidental to this that both the theory of value
and the theory of knowledge mirror the actual development of value at the given
development of society.
Each theory of value also demonstrates a conception of ethics which is most
strikingly exhibited in the various “economic models,” models which also mirror the
development of society, its science and industry and its social organization.
 The model of classical political economy is the diligent manufacture
who purchases the factors of production at the going rate, combines
them into products and retrieves her costs of production and a profit
by offering them for sale at the factory gate.
 The model of neo-classical political economy is a market room
crowded with brokers gifted with perfect knowledge; at the front an
energetic auctioneer calls out the prices in a booming voice as the
buyers and sellers scratch their chins and wave their hands when the
price matches their purchasing power.
 The model of the structuralist macro-economists is of a great big
machine with sundry inputs and outputs governed by an array of
linear relations of inter-dependence.
 The model of the modern micro-economist (economic rationalist)
transforms the great machine into an organic, fluid self-governing
system steered with delicate precision by tweaking the monetary
drip-feed while millions of independent miniature wars rage at each
of the nodal points of the system.
 The model of the post-structuralist complexity economist is of a
network of millions of little computers sending messages to each
other and furiously engaged in solving problems in Games Theory.
None of these models are of course the slightest bit “realistic,” but they do have an
“ideological realism.”
We need a new, genuinely human way of living, not some “model.”

Philosophy Archive @ marxists.org

From <https://www.marxists.org/reference/subject/philosophy/help/ethics.htm>

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