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The Automatic Fetish: The Law of Value in Marx's Capital

The Automatic Fetish: The Law of Value in Marx's Capital

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Why the neglected third volume of Capital holds the key to Marx's theory of value

The Automatic Fetish traces Marx’s analysis of capital, step by step, through the material compiled posthumously as the third volume of Capital. Identifying the critique of value as the central through line of the entire work, Beverley Best elaborates a theory of movement through which the capital machine generates social forms of appearance as the inversion of its inner operating mechanisms. Neither a return to basics nor a new-fangled reconstruction, The Automatic Fetish eschews novelty to show once again that Marx rewards careful study.

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