Seventeen Contradictions and the End of Capitalism (51 page)

popular desire for
203

rhetoric on
200
–
201
,
202

life expectancy
250
,
258
,
259

light, corpuscular theory of
70

living standards
xii
,
63
,
64
,
84
,
89
,
134
,
175
,
230

loans

fictitious capital
32

housing
19

interest on
17

Locke, John
40
,
201
,
204

logos
31

London

smog of 1952
255

unrest in (2011)
243

Los Angeles
150
,
292

Louis XIV, King of France
245

Lovelace, Richard
199
,
200
,
203

Luddites
101

McCarthyite scourge
56

MacKinnon, Catherine:
Are Women Human?
283

Maddison, Angus
227

Maghreb
174

Malcolm X
291

Maldives
260

Malthus, Thomas
229
–
30
,
232
–
3
,
244
,
246
,
251

Manchester
149
,
159

Manhattan Institute
143

Mansion House, London
201

manufacturing
104
,
239

Mao Zedong
291

maquilas
129
,
174

Marcuse, Herbert
204
,
289

market cornering
53

market economy
198
,
205
,
276

marketisation
243

Marshall Plan
153

Martin, Randy
194

Marx, Karl
106
,
118
,
122
,
142
,
207
,
211

and alienation
125
,
126
,
213

in the British Museum library
4

on capital
220

conception of wealth
214

on the credit system
239

and deskilling
119

on equal rights
64

and falling profits
107

and fetishism
4

on freedom
207
,
208
,
213

and greed
33

‘industrial reserve army’
79
–
80

and isolation of workers
125

labour theory of value
109

and monetary system reforms
36

monopoly power and competition
135

reality and appearance
4
,
5

as a revolutionary humanist
221

and social reproduction
182

and socialist utopian literature
184

and technological innovation
103

and theorists of the political left
54

and the ‘totally developed individual’
126
–
7

and world crises
xiii
;

Capital
57
,
79
–
80
,
81
,
82
,
119
,
129
,
132
,
269
,
286
,
291
–
2

The Economic and Philosophic Manuscripts of 1844
269
,
286

Grundrisse
97
,
212
–
13

Theories of Surplus Value
1

Marxism

contradiction between productive forces and social relations
269

‘death of Marxism’
xii
;

ecologically sensitive
263

and humanism
284
,
286
,
287

‘profit squeeze’ theory of crisis formation
65

traditional Marxist conception of socialism/ communism
91

Marxists
65
,
109

MasterCard Priceless
275

Mau Mau movement
291

Melbourne
141

merchants
67

and industrial capital
179

price-gouging customers
54

and producers
74
–
5

Mercosur
159

Mexican migrants
115
,
175
,
195
–
6

Mexico
123
,
129
,
174

Mexico City riots (1968)
x

microcredit
194
,
198

microfinance
186
,
194
,
198
,
211

Microsoft
131

Middle East
124
,
230

Milanovic, Branko
170

military, the

capacities and powers
4

dominance
110

and technology
93
,
95

‘military-industrial complex’
157

mind-brain duality
70

mining
94
,
113
,
123
,
148
,
239
,
257

MIT (Massachusetts Institute of Technology)
292

Mitchell, David:
Cloud Atlas
264

Mitchell, Timothy
122

Modern Times
(film)
103

Mondragon
180

monetarism
xi

monetary wealth and incomes, inequalities in (1920s)
x
1071

monetisation
44
,
55
,
60
,
61
,
62
,
115
,
192
–
3
,
198
,
235
,
243
,
250
,
253
,
261
,
262

money

abandonment of metallic basis of global moneys
30
,
37
,
109

circulation of
15
,
25
,
30
–
31
,
35

coinage
15
,
27
,
29
,
30

commodification of
57

commodity moneys
27
–
31

creation of
30
,
51
,
173
,
233
,
238
–
9
,
240

credit moneys
28
,
30
,
31
,
152

cyber moneys
36
,
109
–
10

electronic moneys
27
,
29
,
35
,
36
,
100

and exchange value
28
,
35
,
38

fiat
8
,
27
,
30
,
40
,
109
,
233

gap between money and the value it represents
27

global monetary system
46
–
7

love of money as a possession
34

measures value
25
,
28

a moneyless economy
36

oxidisation of
35

paper
15
,
27
,
29
,
30
,
31
,
37
,
40
,
45

power of
25
,
36
,
59
,
60
,
62
,
65
–
66
,
131
–
6
,
245
,
266

quasi-money
35

relation between money and value
27
,
35

represented as numbers
29
–
30

and social labour
25
,
27
,
31
,
42
,
55
,
88
,
243

and the state
45
–
6
,
51
,
173

storage of value
25
,
26
,
35

the US dollar
46
–
7

use value
28

money capital
28
,
32
,
59
,
74
,
142
,
147
,
158
,
177
,
178

money laundering
54
,
109

‘money of account’
27
–
8
,
30

monopolisation
53
,
145

monopoly, monopolies
77

and competition
131
–
45
,
218
,
295

corporate
123

monetary system
45
,
46
,
48
,
51

monopoly power
45
,
46
,
51
,
93
,
117
,
120
,
132
,
133
–
4
,
136
,
137
,
139
,
141
,
142
–
3

monopoly pricing
72
,
132

natural
118
,
132

of state over legitimate use of force and violence
42
,
44
,
45
,
51
,
88
,
155
,
173

see also
prices, monopoly

monopsony
131

Monsanto
123

Montreal Protocol
254
,
259

‘moral restraints’
229
,
233

mortgages
19
,
21
,
28
,
32
,
54
,
67
,
82
,
239

multiculturalism
166

Mumbai
155
,
159

Murdoch, Rupert
xi

Myrdal, Gunnar
150

NAFTA
159

name branding
31
,
139

nano-trading
243

Nation of Islam
291

national debt
45
,
226
,
227

National Health Service
115

National Labor Relations Board
120

National Security Administration
136

nationalisation
50

nationalism
7
,
8
,
44
,
289

natural resources
58
,
59
,
123
,
240
,
241
,
244
,
246
,
251

nature
56

alienation from
263

capital’s conception of
252

capital’s relation to
246
–
63

commodification of
59

domination of
247
,
272

Heidegger on
59
,
250

Polanyi on
58

power over
198

process-thing duality
73

and technology
92
,
97
,
99
,
102

Nazis
151

neoclassical economists
109

neocolonialism
143
,
201

neoliberal era
128

neoliberal ethic
277

neoliberalisation
x
,
48

neoliberalism
xiii
,
68
,
72
,
128
,
134
,
136
,
176
,
191
,
234
,
281

capitalism
266

consensus
23

counter-revolution
82
,
129
,
159
,
165

political programme
199

politics
57

privatisation
235

remedies
xi

Nevada, housing in
77

‘new economy’ (1990s)
144

New York City
141
,
150

creativity
245

domestic labour in
196

income inequality
164

rental markets
22

social reproduction
195

Newton, Isaac
70

NGOs (non-governmental organisations)
189
,
210
,
284
,
286
,
287

Nike
31

Nkrumah, Kwame
291

‘non-coincidence of interests’
25

Nordic countries
165

North America

deindustrialisation in
234

food grain exports
148

indigenous population and property rights
39

women in labour force
230

‘not in my back yard’ politics
20

nuclear weapons
101

Nyere, Julius
291

Obama, Barack
167

occupational safety and health
72

Occupy movement
280
,
292

Ohlin Foundation
143

oil

cartel
252

companies
77
,
131

‘Seven Sisters’
131

embargo (1973)
124

‘peak oil’
251
–
2
,
260

resources
123
,
240
,
257

oligarchy, oligarchs
34
,
143
,
165
,
221
,
223
,
242
,
245
,
264
,
286
,
292