Valueless Knowledge-Commodities and Financialization: Productive and Financial Dimensions of Capital Autonomization

Teixeira, Rodrigo and Rotta, Tomas. 2012. Valueless Knowledge-Commodities and Financialization: Productive and Financial Dimensions of Capital Autonomization. Review of Radical Political Economics, 44(4), pp. 448-467. ISSN 0486-6134 [Article]

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Abstract or Description

We present a Marxian theory of the capitalist production of knowledge and of financialization as two processes subsumed under the principle of autonomization of capital. Our approach consists of three tasks. The first is to develop the principle of autonomization. The second is to show how financialization can be a misleading term. The third is to develop a new theory of the production and distribution of valueless knowledge-commodities and knowledge-rent. Our Marxian framework demonstrates how the autonomization of capital manifests itself in its two active dimensions: the financial through financialization, and the productive through knowledge-commodities.

Item Type:

Article

Identification Number (DOI):

https://doi.org/10.1177/0486613411434387

Additional Information:

JEL codes: B51, O33, O34

Keywords:

Marx, financialization, autonomization, intellectual property rights, valueless commodities, knowledge-rent

Departments, Centres and Research Units:

Institute of Management Studies

Dates:

DateEvent
3 February 2012Published
3 March 2011Accepted

Item ID:

26870

Date Deposited:

10 Sep 2019 11:37

Last Modified:

10 Jun 2021 11:20

Peer Reviewed:

Yes, this version has been peer-reviewed.

URI:

https://research.gold.ac.uk/id/eprint/26870

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