Culture and Economics

1998 ◽  
Vol 26 (2) ◽  
pp. 477-484
Author(s):  
Regenia Gagnier
Keyword(s):  
Political Economy ◽  
Literary Criticism ◽  
Review Essay ◽  
Victorian Literature ◽  
Victorian Britain ◽  
Economic Man ◽  
The Past ◽  
Classical Political Economy ◽  
Theory Of Value ◽  
Victorian Literature And Culture

In a recent review essay in this journal (25.2), Timothy Morton considered a number of works of literary criticism on the centrality of commodification in Victorian literature and culture. This essay will look at the intersection of work in which economists and literary critics have interrogated Victorian economics and their afterlife: models of production and reproduction (classical political economy and Malthusian population theory), consumption (the calculation of pleasure, happiness, and taste), labor (as a theory of value), value (in relation to price), “Economic Man” (as productive pursuer of gain or, after the 1870s, rational chooser among scarcity), and so forth. This work, which has brought into dialogue economists, literary and cultural critics, and historians and philosophers of science, has flourished in the past decade, and this essay will focus on aspects of it relevant to the study of Victorian Britain.

150 Jahre „Kapital“ – und kein Ende

2017 ◽  
Vol 47 (188) ◽  
pp. 421-434
Author(s):  
Michael Heinrich
Keyword(s):  
Political Economy ◽  
Classical Political Economy ◽  
Theory Of Value

 This article discusses the conditions of a paradoxical reception of Marx’s ‘Capital’, which rests on a distorted classification of Marx’s critique of classical political economy as a last representative of this school. This article reveals some examples of an implicit critique in Marx’s arguments and discusses the question of what was really new in Marx’s theory of value and capital. Furthermore, the article presents some stereotypical examples of contemporary critiques of Marx and in conclusion sketches the unfinished state of ‘Capital’ and what we can expect from forthcoming publications in MEGA.

scholarly journals No price without value: towards a theory of value and price

2019 ◽  
Vol 43 (6) ◽  
pp. 1485-1498 ◽  
Author(s):  
Dave Elder-Vass
Keyword(s):  
Political Economy ◽  
Open Systems ◽  
Lay Theories ◽  
Central Focus ◽  
Critical Realist ◽  
Classical Political Economy ◽  
Theory Of Value ◽  
Sociology Of Valuation ◽  
The Relationship

Abstract The relationship between value and price, a central focus of classical political economy, has fallen into the shadows of neglect in contemporary economics. This paper builds on a critical realist framework and findings from the economics of conventions and the sociology of valuation to develop a theory of value that returns to the relation between value and price. It argues that value is best understood as a view of the price that something ought to exchange at, and that these views are shaped normatively by a host of lay theories of value and the groups and organisations that advance them. Through their effects on our assessments of value, these theories also influence the determination of prices. Although prices in open systems are determined by many interacting factors, lay theories of value play a crucial role in the process.

INTRODUCTION

2005 ◽  
Vol 33 (1) ◽  
pp. 313-313
Author(s):  
Herbert Sussman
Keyword(s):  
Victorian Literature ◽  
Graphic Novels ◽  
Popular Fiction ◽  
Time Lags ◽  
Considerable Time ◽  
Academic World ◽  
Regular Feature ◽  
The Past ◽  
The World ◽  
Victorian Literature And Culture

WITH THESE ESSAYS, Victorian Literature and Culture begins a regular feature, “Victorians Live,” whose subject is how the Victorians still “live,” how they remain “live,” lively, alive. The focus is the intersection of the world of Victorian scholarship that the readers of VLC inhabit, with the larger world of representation. For, quite remarkably, in our globalized time, the Victorians remain “in”–from museum blockbusters to specialized exhibitions, from home decoration to popular fiction and graphic novels, from Masterpiece Theatre to Hollywood retellings of canonical novels. Rather than assuming an abyss between serious academic pursuits and the unserious non-academic world, Victorians Live seeks to chart the complex and ongoing dynamic wherein academic reinterpretations of the past, albeit in unexpected ways and with considerable time lags, shape the popular vision of the nineteenth century, and conversely, how contemporary social concerns as well as market demands on publishers and museums shape scholarship.

scholarly journals BLACK BRITISH STUDIES IN THE VICTORIAN PERIOD

2002 ◽  
Vol 30 (1) ◽  
pp. 353-364
Author(s):  
Audrey Fisch
Keyword(s):  
Review Essay ◽  
Victorian Literature ◽  
African Literature ◽  
Black British ◽  
Current Trends ◽  
Victorian Period ◽  
Victorian Literature And Culture

WHEN I WAS ASKED by the editors of Victorian Literature and Culture to write a review essay assessing current trends in what they called the field of Anglo-African literature, I was delighted but I was also a little skeptical. First, I wondered how they or I would define such a field. Second, I wondered whether the field was in fact so well-established as to embody its own set of trends as opposed to merely consisting of a bunch of people plugging away at their different pieces of work.

Marx's Inferno

2018 ◽  
Author(s):  
William Clare Roberts
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Political Theory ◽  
Political Thought ◽  
Political Life ◽  
Political Organization ◽  
Textual Scholarship ◽  
The Past ◽  
Classical Political Economy

This book reconstructs the major arguments of Karl Marx's Capital and inaugurates a completely new reading of a seminal classic. Rather than simply a critique of classical political economy, the book argues that Capital was primarily a careful engagement with the motives and aims of the workers' movement. Understood in this light, Capital emerges as a profound work of political theory. Placing Marx against the background of nineteenth-century socialism, the book shows how Capital was ingeniously modeled on Dante's Inferno, and how Marx, playing the role of Virgil for the proletariat, introduced partisans of workers' emancipation to the secret depths of the modern “social Hell.” In this manner, Marx revised republican ideas of freedom in response to the rise of capitalism. Combining research on Marx's interlocutors, textual scholarship, and forays into recent debates, the book traces the continuities linking Marx's theory of capitalism to the tradition of republican political thought. It immerses the reader in socialist debates about the nature of commerce, the experience of labor, the power of bosses and managers, and the possibilities of political organization. The book rescues those debates from the past and shows how they speak to ever-renewed concerns about political life in today's world.

Aestheticism and the Politics of Pleasure

2015 ◽  
pp. 597-616
Author(s):  
Ruth Livesey
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Victorian Literature ◽  
Late Nineteenth Century ◽  
Walter Pater ◽  
Aesthetic Movement ◽  
Counter Culture ◽  
Late Nineteenth ◽  
Art For Art's Sake ◽  
Victorian Literature And Culture

The late nineteenth-century Aesthetic movement challenged many aspects of Victorian literature and culture. This chapter explores how the emphasis on pleasure within Aestheticism was central to that challenge. The pursuit of ‘art for art’s sake’ might seem to imply a step away from the politics of the day, but the hedonism of the movement, the chapter suggests, subverted dominant arguments about culture and society in an age of democratization. The works of Oscar Wilde and Walter Pater provide a means to examine a wider aesthetic counter-culture that resisted Matthew Arnold’s arguments for critical consensus, undermined the calculated happiness of Utilitarian political economy, and broke open new spaces for the appreciation and expression of beauty.

Knowing the Past: Victorian Literature and Culture (review)

2003 ◽  
Vol 46 (1) ◽  
pp. 170-173
Author(s):  
David Wayne Thomas
Keyword(s):  
Victorian Literature ◽  
The Past ◽  
Victorian Literature And Culture
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