This paper discusses one important component of the analysis of the decline of the profit rate in recent decades in Robert Brenner's Economics of Global Turbulence. Our single focus in this paper is Brenner's implicit theory of distribution.

The main purpose of this second article devoted to T. Piketty’s Capital in the Twenty-First Century (the first was published in the previous issue of Actuel Marx) is to introduce our alternative reading of history. The tendencies manifest during the last decades of the 20th century and the early 21st century are not, it is argued, the replication of the tendencies which prevailed prior to World War I. The starting-point for our analysis is the beginning of the 20th century, a (...) moment characterized by the dynamics of a “managerial capitalism” built around the “tripolar” class pattern of capitalists, managers, and popular classes. The main quantitative manifestation of these trends was the steady rise in the share accounted for by wages (compared to capital income) in the income of upper classes (notably the top 1 percent). In place of Piketty’s impact of shocks, we focus on the chain of successive configurations of class domination and alliances, in a succession of “social orders” marking the historical advance of managerial capitalism : the first financial hegemony, in the years leading up to the Great Depression ; the postwar social-democratic compromise ; and its successor, neoliberalism, involving a new alliance to the right, between the managerial and popular classes. (shrink)

This the first part of a study (in two parts) devoted to Piketty’s theses on the history of capitalism. A summary of Pikety’s analysis is first presented, concerning the dynamics of total wealth (measured as a ratio to national income) and its components, and the tendency of wealth and income inequalities within major capitalist countries. The amplitude of the fall of total wealth in the United-Kingdom and France during World War I is questioned. Piketty explains the profile of these variables (...) concerning wealth and wealth inequalities in reference to historical mechanisms in which the rate of growth of output, the rate of savings, and the return on wealth are considered. The relevance of these mechanisms is basically questioned. We interpret the third component of wealth, other domestic capital, as a form of the capital of enterprises and substitute an alternative, more performing, model to account for the profile of this variable. (shrink)

Cet article constitue la réponse à une note critique publiée dans le n° 71 d’ Actuel Marx, dans laquelle Fabien Foureault discutait les travaux de G. Duménil et D. Lévy concernant l’actuelle transition entre le capitalisme et un nouveau mode de production, le managérialisme. Le premier argument est le fait que les hauts managers sont rétribués par la distribution de stock-options, considérés comme des revenus du capital par Foureault bien que ces options n’aient pas de rapport avec la détention (...) antérieure d’actions par les bénéficiaires. La forme de la rémunération l’emporte sur les pratiques qui la motivent. Foureault utilise, par ailleurs, les calculs réalisés au sein des Distributional National Accounts qui montrent que la part des revenus du capital au sein du revenu total du 1 % supérieur de la hiérarchie des revenus n’a pas décru. Ces nouvelles estimations sont, pour GD et DL, inutilisables hors des finalités comparatives pour lesquelles elles ont été conçues. Enfin, les auteurs considèrent que Foureault se méprend radicalement quant à la nature de leurs interprétations politiques. (shrink)

Dans cet entretien consacré à leur livre Managerial Capitalism : Ownership, management and the coming new mode of production (Pluto Press, 2018), G. Duménil et D. Lévy reviennent sur les implications de leur analyse du capitalisme managérial pour l’étude du capitalisme historique, de ses structures de classes fondamentales, et de ses alliances de pouvoirs variables. La thèse du marxisme traditionnel identifiant les managers à une fraction de classe capitaliste s’en trouve critiquée, de même que les présupposés véhiculés par le (...) concept de « capitalisme d’État ». Invités à revenir plus précisément sur leur distinction entre modes de production et « ordres sociaux », comme configurations variables de hiérarchies de pouvoirs et d’alliances de classe, les auteurs clarifient les raisons pour lesquelles ils introduisent une nouvelle catégorie de mode de production managérial qui impose de repenser le mode de production capitaliste lui-même suivant une logique de « l’hybridité ». Celle-ci permet de complexifier les tendances du capitalisme historique sur la longue durée, d’approfondir l’analyse de classe du capitalisme managérial, et d’y spécifier différentiellement, par rapport au « compromis » d’après-guerre (caractérisé par une alliance entre managers et classes populaires sous la direction des premiers), le dernier ordre social en date caractérisé par une alliance « au sommet » entre managers et capitalistes (au détriment des classes populaires) : le néolibéralisme. (shrink)

The central issue in this paper is the overtaking of neoliberalism by a possible new “social order”, a new phase in the history of capitalism. In contemporary capitalism, the “upper classes”—capitalist classes, the classes of managers and officials—jointly ensure the control of the means of production. Their common hegemony in neoliberalism is supported by the alliance at the top of the social hierarchies, under the leadership of capitalist classes. This hegemony could be continued beyond neoliberalism, though under new forms. A (...) first such potential social order is similar to neoliberalism, which it prolongs, a “third financial hegemony”. (Neoliberalism represented the “second financial hegemony”; the first prevailed before the Great Depression of the 1930s). The other social order can be described as a “neomanagerialism”. While the same alliance would prevail at the top, the leadership would here be that of the managerial class, and would involve much stronger state intervention. (Another opportunity, albeit one which we unfortunately deem unlikely, would be the alliance between popular classes and managers, a “social-managerialism”). A comparison between the United states and China highlights the relevance of neomanagerialism. The strong neomanagerial features of China show the potential efficiency of this social configuration. A turn to neomanagerialism would probably be the only way of preserving what can be saved of U.S. international hegemony. (shrink)

Marx’s conceptualization of history emphasizes the succession of modes of production. However the dynamics of productive forces and relations of production are continuous. Central to this analysis is the “socialization of production” and the rise of the managerial class. These trends require the adjustment of institutions, notably those in which the ownership of the means of production is expressed, an adjustment that is often implemented under the pressure of structural crises. The article illustrates these dynamics in the United States since (...) the late 19th century, in particular in relation to the tripolar class patterns, capitalists, popular classes and managerial class. What is involved is the gradual emergence of a new mode of production whose dominant class is intended to be the managerial class. A “social order” is a shorter period marked by the configuration of class dominations and alliances: the hegemony of capitalist classes during the first third of the 20th century, the alliance between managers and popular classes after the Great Depression and World War II, and neoliberalism as a new hegemony of capitalists in alliance with managers. The approach in terms of social orders allows for the interpretation of the state as the institutional “locus” in which social orders are formed, rather than as the exclusive domination of a ruling class. (shrink)

The central issue in this paper is the overtaking of neoliberalism by a possible new “social order”, a new phase in the history of capitalism. In contemporary capitalism, the “upper classes”—capitalist classes, the classes of managers and officials—jointly ensure the control of the means of production. Their common hegemony in neoliberalism is supported by the alliance at the top of the social hierarchies, under the leadership of capitalist classes. This hegemony could be continued beyond neoliberalism, though under new forms. A (...) first such potential social order is similar to neoliberalism, which it prolongs, a “third financial hegemony”. (Neoliberalism represented the “second financial hegemony”; the first prevailed before the Great Depression of the 1930s). The other social order can be described as a “neomanagerialism”. While the same alliance would prevail at the top, the leadership would here be that of the managerial class, and would involve much stronger state intervention. (Another opportunity, albeit one which we unfortunately deem unlikely, would be the alliance between popular classes and managers, a “social-managerialism”). A comparison between the United states and China highlights the relevance of neomanagerialism. The strong neomanagerial features of China show the potential efficiency of this social configuration. A turn to neomanagerialism would probably be the only way of preserving what can be saved of U.S. international hegemony. (shrink)

In the analysis of contemporary capitalism, it is important to combine neoliberalism (the strengthening of the power of the capitalist class, in a new phase) and imperialism (the exploitation of peripherical countries). The contradictions of this newsocial order are numerous: first, the resistances that it fosters, then the desquilibria evident, in particular, in the United States. But imperialism at the age of neoliberalism also manifests itself in a new configuration particularly favorable to this country: the export of capitals and the (...) financing of the US economy by the rest of the world. In the United States, this era can also be characterized by the new configuration of class alliances at the top of the social hierarchy : big capitalist owners and top managers. This consolidation manifests itself in the ongoing drift to the right, when the necessity of a compromise uniting managers and popular classes, as in the Keynesian compromise, is urgent. (shrink)

The new military strategy of the US responds to political motivations, but it must also be understood in relation to the economic situation. The US economy is not in a permanent crisis since the 1970, although growth rates remain comparatively low and a threat of financial crisis exists, due to domestic factors and risks of contagion from the periphery. The share of military spending in GDP is low, and the US has the capability to finance new wars. The military course (...) must be understood as part of the overall framework of global US hegemony, given the importance of its interest abroad. (shrink)

In the analysis of contemporary capitalism, it is important to combine neoliberalism (the strengthening of the power of the capitalist class, in a new phase) and imperialism (the exploitation of peripherical countries). The contradictions of this newsocial order are numerous: first, the resistances that it fosters, then the desquilibria evident, in particular, in the United States. But imperialism at the age of neoliberalism also manifests itself in a new configuration particularly favorable to this country: the export of capitals and the (...) financing of the US economy by the rest of the world. In the United States, this era can also be characterized by the new configuration of class alliances at the top of the social hierarchy : big capitalist owners and top managers. This consolidation manifests itself in the ongoing drift to the right, when the necessity of a compromise uniting managers and popular classes, as in the Keynesian compromise, is urgent. (shrink)

ome Remarks on the Crisis of Capitalism What are the causes and consequences of the crisis of capitalism ? What are the plausible scenarios forthe outcome of the crisis ? To what extent is the current crisis comparable to that of 1929, and to whatextent does it differ from the crisis of the 1970s ? To what extent can one speak of a crisis of neoliberalism ? These are some of the questions which the authors of The Crisis of Neoliberalism (...) address here. (shrink)

In the analysis of contemporary capitalism, it is important to combine neoliberalism (the strengthening of the power of the capitalist class, in a new phase) and imperialism (the exploitation of peripherical countries). The contradictions of this newsocial order are numerous: first, the resistances that it fosters, then the desquilibria evident, in particular, in the United States. But imperialism at the age of neoliberalism also manifests itself in a new configuration particularly favorable to this country: the export of capitals and the (...) financing of the US economy by the rest of the world. In the United States, this era can also be characterized by the new configuration of class alliances at the top of the social hierarchy : big capitalist owners and top managers. This consolidation manifests itself in the ongoing drift to the right, when the necessity of a compromise uniting managers and popular classes, as in the Keynesian compromise, is urgent. (shrink)

Name der Zeitschrift: Zeitschrift für kritische Sozialtheorie und Philosophie Jahrgang: 2 Heft: 2 Seiten: 219-252.

ome Remarks on the Crisis of Capitalism What are the causes and consequences of the crisis of capitalism ? What are the plausible scenarios forthe outcome of the crisis ? To what extent is the current crisis comparable to that of 1929, and to whatextent does it differ from the crisis of the 1970s ? To what extent can one speak of a crisis of neoliberalism ? These are some of the questions which the authors of The Crisis of Neoliberalism (...) address here. (shrink)

In an age of cloning, virtual reality and artificial intelligence what sort of future is in store for human beings? If it is a "posthuman" future as some predict, will it also be inhuman? On the Human Condition is a thought-provoking and profound reflection on where the idea of the human stands today. Dominique Janicaud argues that while we need to avoid apocalyptic talk of a posthuman condition, as embodied in technology such as cloning, we should neither fall back (...) on a conservative humanism nor become technophobic. Drawing on topical examples such as genetic engineering, the mythology around the Frankenstein myth and the ideas of Pascal and Primo Levi, Dominique Janicaud urges us to acknowledge the fragile and provisional nature of being human. Above all, he argues that even if we do live in a world that is already posthuman, it is not a predicament we can confront alone and heroically, but must share with others. (shrink)

Les penseurs d'aujourd'hui (B.-H. Lévy, A. Glucksmann, A. Etchegoyen, etc.) ont voulu changer les modalités de la pensée, faire l'économie d'un travail de longue haleine. Ont-ils eu raison? Ont-ils eu tort? Ce texte polémique penche sur la seconde hypothèse.

The dating of the beginning of the Third Sacred War. The interpretation of the Delphic accounts revisited. The chronology proposed by CID II for the Third Sacred War is not as assured as may appear at first sight. One must keep in mind that the reconstructions proposed there constitute no more than one possibility among others. The numbering of the pylées provides an excellent example : J. Bousquet connects it to the levying of the phocidian fine in the period after (...) the Peace of Philokrates, but other readings remain possible, even preferable. Moreover, the dating of the occupation of the sanctuary to the end of the archonship of Herakleios is based on the testimony of Pausanias, on this point very much subject to caution, as well as a very slanted reading of CID II 10 and CID II 31. Only the absence of a reunion of the college under Aristoxenos in the autumn appears to constitute a certain indicator of the phocidian occupation of the sanctuary. (shrink)

Some people argue that the distribution of medical resources should be sensitive to agents’ responsibility for their ill-health. In contrast, others point to the social determinants of health to argue that the collective agents that control the conditions in which agents act should bear responsibility. To a large degree, this is a debate in which those who hold individuals responsible currently have the upper hand: warranted appeals to individual responsibility effectively block allocation of any significant degree of responsibility to collective (...) agents. We suggest that a different understanding of individual responsibility might lead to a fairer allocation of blame. Scaffolded agency is individual agency exercised in a context in which opportunities and affordances are structured by others. Appeals to scaffolded agency at once recognize the role of the individual and of the collective agents who have put the scaffolds in place. (shrink)

C'est sur le chemin étonnant et sinueux du célèbre Phénomène Humain que nous entraîne cet ouvrage, nous invitant à la table de l'Histoire : contexte ecclésial, oppositions intellectuelles notoires sur la marche de l'Univers, dédale des allers-retours entre Pierre Teilhard de Chardin et ses supérieurs à la recherche d'un nihil obstat" jamais décroché, et enfin, une publication post-mortem, au succès et au retentissement foudroyants. Se basant sur les archives privées de la Compagnie de Jésus et des documents inédits ou peu (...) connus, les auteurs reconstituent patiemment le fil et, au-delà des aspects historiques, offrent une analyse philosophique et théologique qui permet de prendre conscience de la richesse, mais aussi des limites de la pensée du célèbre jésuite, et, in fine, de sa fécondité pour la pensée actuelle"-- Back cover. (shrink)

The paper motivates a novel research programme in the philosophy of action parallel to the ‘Knowledge First’ programme in epistemology. It is argued that much of the grounds for abandoning the quest for a reductive analysis of knowledge in favour of the Knowledge First alternative is mirrored in the case of intentional action, inviting the hypothesis that intentional action is also, like knowledge, metaphysically basic. The paper goes on to demonstrate the sort of explanatory contribution that intentional action can make (...) once it is no longer taken to be a target for reductive analysis, in explaining other, non-intentional kinds of action and voluntariness. (shrink)

McKenna’s critique (rather than criticisms) of idealized approaches to epistemology is an important contribution to the literature. In this brief discussion, I set out his main concerns about more idealized approaches, within and beyond social epistemology, before turning to some issues I think he neglects. I suggest that it’s important to pay attention to the prestige hierarchy in philosophy, and to how that hierarchy can serve ideological purposes. The greater prestige of more abstract approaches plays a role in determining what (...) issues and what voices we attend to. (shrink)

Science and fiction seem to lie at opposite ends of the cognitive-epistemic spectrum. The former is typically seen as the study of hard, real-world facts in a rigorous manner. The latter is treated as an instrument of play and recreation, dealing in figments of the imagination. Initial appearances notwithstanding, several central features of scientific modeling in fact suggest a close connection with the imagination and recent philosophers have developed detailed accounts of models that treat them, in one way or another, (...) as akin to fictions. This chapter will critically discuss the fictions approach as an epistemology of scientific modeling. (shrink)

The external world sceptic tells some familiar narratives involving massive deception. Perhaps we are brains in vats. Perhaps we are the victim of a deceitful demon. You know the drill. The sceptic proceeds by observing first that victims of such deceptions know nothing about their external environment and that second, since we cannot rule out being a victim of such deceptions our- selves, our own external world beliefs fail to attain the status of knowledge. Discussions of global external world scepticism (...) tend to focus on the second step, where a number of well-known lines of resistance have been offered. But there has been little attention to the first, seemingly innocuous step. That will be the focus of this paper. Part one – sections 1, 2, and 3 – will explain why these standard narratives are not convincing examples of cases where there is no knowledge of the external world. In part two – section 4 – we shall undertake a useful case study. David Lewis’s ‘Elusive Knowledge’ is often thought of as presenting an epistemological vision that is somewhat friendly to external world scepticism: as Lewis himself presents things, there are contexts where external world knowledge ascriptions are uniformly false, and where true knowledge ascriptions are limited to either axiomatic truths or truths about our inner life. We examine his discussion in the light of the preceding reflections and show that the framework he presents is not so concessionary to global external world scepticism after all. (shrink)

Dominique Janicaud claimed that every French intellectual movement—from existentialism to psychoanalysis—was influenced by Martin Heidegger. This translation of Janicaud’s landmark work, Heidegger en France, details Heidegger’s reception in philosophy and other humanistic and social science disciplines. Interviews with key French thinkers such as Françoise Dastur, Jacques Derrida, Éliane Escoubas, Jean Greisch, Philippe Lacoue-Labarthe, Jean-Luc Marion, and Jean-Luc Nancy are included and provide further reflection on Heidegger’s relationship to French philosophy. An intellectual undertaking of authoritative scope, this work furnishes a (...) thorough history of the French reception of Heidegger’s thought. (shrink)

Why is it that the study of Ethics is so unpopular? It is because there are so many systems of Ethics, and they are all in such hopeless contradiction. Why are there so many systems? Because each writer starts with his theory and then attempts to get the facts to agree with it. What is the remedy? The remedy, says Professor Levy-Bruhl, is to start with the practice. And what then? Then, he says, you find that the practice is everything, (...) that you need no theory, and that every ethical writer is in harmony with every other. 'Every ethical doctrine,' says Professor Levy-Bruhl, 'jealously defends the originality of its ethical principle against the objections of others, but it formulates the guiding rules of conduct, the concrete precepts of justice and charity, in the same terms as its rivals, whether its adherent is a disciple of Kant, a critical philosopher, a pessimist, a positivist, an evolutionist, a spiritualist, or a theologian.' The way out of the chaos of theoretical Ethics, then, is to deny its existence. There is no such science. The only science of Ethics is the practical. Its object of study is the conscience of man. Its rules and obligations are what the conscience reveals to experience. It takes Professor Levy-Bruhl half his book to get rid of theoretical ethics. Then, however, he is free, and he moves more rapidly in the discussion of Natural Ethics and Ethical Feeling. He ends with a chapter of Practical Results. -The Expository Times, Vol. 17. (shrink)

Le concept au centre du dernier ouvrage d'Otfried Höffe publié en français est celui d'impératif catégorique juridique. Höffe souhaite, en effet, approfondir son apologie des principes juridiques catégoriques déjà developpée dans son précédent ouvrage Lajustice politiqueen éclaircissant ses sources kantiennes. Alors que dans l'ouvrage de 1991 la figure tutélaire de Kant était restée en retrait, Höffe a voulu expliciter son rapport à Kant ét montrer la façon dont la réflexion contemporaine sur le droit et le politique devrait elle-même se dire (...) kantienne. (shrink)

To a large extent, the evidential base of claims in the philosophy of science has switched from thought experiments to case studies. We argue that abandoning thought experiments was a wrong turn, since they can effectively complement case studies. We make our argument via an analogy with the relationship between experiments and observations within science. Just as experiments and ‘natural’ observations can together evidence claims in science, each mitigating the downsides of the other, so too can thought experiments and case (...) studies be mutually supporting. After presenting the main argument, we look at potential concerns about thought experiments, suggesting that a judiciously applied mixed-methods approach can overcome them. (shrink)

The thought and work of the Jesuit Francisco Suárez (1548-1617) is widely acknowledged as the culmination point of the contribution of the theologians and jurists of the so-called School of Salamanca to the development of modern Western law. This collection of studies on the legal work of Suárez explores some of his major forays into the law. Both his theoretical system-building as well as his interventions in practical questions are covered. Next to discussions on the nature of law and its (...) different categorisations, they extend to various subbranches of the law including family law, property law, the law of obligations, criminal law and international law. Contributors are: Dominique Bauer, Daniel Schwartz, João Manuel Azevedo Alexandrino Fernandes, Lisa Brunori, Wim Decock, Bart Wauters, Gaëlle Demelemestre, and Jean-Paul Coujou. (shrink)