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

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

<i>The Automatic Fetish</i> 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, <i>The Automatic Fetish</i> eschews novelty to show once again that Marx rewards careful study.<br><br>- ‘If I had to choose one book that would make the case for the relevance of Marx’s critique of political economy to the humanities, this might very well be it’ <b>Colleen Lye, co-editor of <i>After Marx</i></b><br>- ‘The contribution of <i>The Automatic Fetish</i> is hard to exaggerate’ <b>Nicholas Brown, author of <i>Autonomy</i></b><br>- ‘Will make a significant contribution to the wider field of materialist theory’ <b>Joshua Clover, author of <i>Riot. Strike. Riot</i></b><br>- ‘In Best’s hands, <i>Capital </i>becomes not only fascinating but useful, down to its last detail. Written with clarity, focus, and urgency, Best has "unreconstructed" Marx for our times’ <b>Richard Dienst, author of <i>The Bonds of Debt</i></b> <br>- ‘A groundbreaking book’ <b>Werner Bonefeld, author of <i>A Critical Theory of Economic Compulsion</i></b> <br>- ‘That rare work of theory whose practical implications just sing out loud … Surely among the most useful books on <i>Capital III</i> ever written’ <b>Christopher Nealon, author of <i>The Matter of Capital</i></b><br>- ‘Brilliant, eloquent, and precise. Best has given us one of the most profound re-readings of <i>Capital </i>to have appeared in a generation and an essential source’ <b>Neil Larsen, author of <i>Determinations </i></b>