Andrea Micocci - HISTORICAL POLITICAL ECONOMY OF CAPITALISM: after metaphysics
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First published 2016
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
and by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
2016 Andrea Micocci
The right of Andrea Micocci to be identified as author of this work has been asserted by him in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
Names: Miccoci, Andrea, author.
Title: A historical political economy of capitalism : after metaphysics /
Andrea Miccoci.
Description: London ; New York : Routledge, 2016. |
Includes bibliographical references.
Identifiers: LCCN 2016001164| ISBN 9781138193734 (hardback) |
ISBN 9781315639192 (ebook)
Subjects: LCSH: Capitalism History.
Classification: LCC HB501 .M6266 2016 | DDC 330.12/209 dc23
LC record available at http://lccn.loc.gov/2016001164
ISBN: 978-1-138-19373-4 (hbk)
ISBN: 978-1-315-63919-2 (ebk)
Typeset in Times New Roman
by Florence Production Ltd, Stoodleigh, Devon, UK
A full list of titles in this series is available at www.routledge.com/series/SE0341
Recently published titles:
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177 Economic Theory and its History
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Translations from the series Klassiker der Nationalkonomie Bertram Schefold
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Reinterpreting Tibor Scitovsky
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After metaphysics
Andrea Micocci
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Brunella Antomarini carefully read the whole manuscript, helped me find books and was very encouraging. Sergio Cabras also read and commented on the whole manuscript. There have been conversations on some parts of it with Carlo Scarfoglio and Oscar Cetrangolo. Alex Allen helped me with the English, and, wherever there are errors or clumsy constructions, it is because I did not follow his advice. Massimiliano Biscuso, besides everything else, corrected some philosophical mistakes. Chuck McCann was very supportive in many ways. Nadine Valat, Claudio Micocci, Marshall Langer, Mark Mascal, Mino Vianello, Elena Caramazza, Flavia Di Mario, Sergio Vellante, Mariella Eboli, Corrado Ievoli and Patrizia Pugliese spent time and energy supporting me and discussing some of the theoretical issues. I am also obliged to Alex Callinicos for debating some fundamental questions, and to Ia Pardjanadze and Luarsab Jandieri for moral support. I thank Laura Johnson and Emily Kindleysides at Routledge. All the students of my courses in all the universities where I have been teaching are due a heartfelt thank you. Also, Dr Forleo, Dr Torrelli, Dr Filippetti and everybody at IFO must be thanked. All the above-named people have no responsibility for any statement or, obviously, any mistake contained in the book. Apologies go to those I have forgotten to mention. Finally, the usual special thanks go to Nino Pardjanadze, Alessandro Micocci and David Micocci.
In order to understand the resilience of capitalism as a mode of production, social organization, and an intellectual system, it is necessary to explore its intellectual development and underlying structure.
A Historical Political Economy of Capitalism argues that capitalism is based on a dominant intellectuality: a metaphysics. It proposes the construction of a history-based critique of political economy, capable of revealing the poverty of capitalisms intellectual logic and of its application in practice. This involves a reconsideration of several classical thinkers, including Smith, Marx, Berkeley, Locke, Hobbes, Hume and Rousseau. It also sketches an emancipative methodology of analysis, aiming to expose any metaphysics, capitalist or none. In doing so, this book proposes a completely new approach in materialist philosophy.
The new methodology in political economy that is proposed in this volume is an alternative way to organize a materialist approach. Some basic aspects of what is argued by the author can be found in Marx. This book is well suited for those who study political economy and economic theory and philosophy, as well as those who are interested in Marxism.
Andrea Micocci is Professore Straordinario of Political Economy, Link Campus University, Rome, Italy.
Economic discipline
In what follows, we will explain how economic discourse disciplines capitalism. If we must go beyond capitalism, this entails the need to devise a method of freeing chance, which capitalism binds to itself. We will, therefore, further develop the consequences of the metaphysics of capitalism, keeping our attention on its overall logic, language and speech, starting from some philosophical themes we find in Hume. At the end of this chapter, we will have completed the description of the functioning structure of the metaphysics of capitalism and be ready for the outline of the alternative materialistic method based on silence, the unfolding of which will be the main task of .
We will see that all current criticisms of economics and political economy, whatever their philosophical and methodological arguments, are inadequate. They do not concentrate on the big, typical, logical problems of economic theories and of capitalism itself. They offer to mend rather than destroy and replace economic theories. This is part of the generalized lack of creatively radical thinking that characterizes the metaphysics of capitalism and its flawed dialectics.
We will go back to Smiths invisible hand for a number of new considerations that shed light on the need capitalism has never to fully develop to survive. Marx will, instead, help us penetrate the mystery of the present-day preponderance of finance and its relationship to capitalist (lack of) development in general, and to the particular issues related to the liberation of chance. Such themes produce a rupture with present-day economic theories that cannot and indeed must not be healed. All the other criticisms of economics and the ideas we will propose in the present chapter and in the next depend upon these basic questions.
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