Obsolete Capitalism: Marx, Money, and Capital



The boundaries of Marxist orthodoxy and its refusal to measure itself with any other perspective or analysis had imposed a shortsighted view of reality. Such awareness was deep and, I believe, it caused great concern among those who took part more actively in the preliminary theoretical conception of the magazine – it certainly did in myself. Militants were culturally formed on the sacred volumes of Marxism, which were consulted compulsively despite the poor theoretical quality of many of them, except obviously from Lenin’s and Marx’s ones. Hence, an inclination towards orthodoxy was inevitable, because those texts were the only benchmark they had. This condition generated in some a sense of suffocation, which, at least in my case, was alleviated only by the innovative experience of the early workerism. We felt a pressing need to measure ourselves with other streams of thought and even to snoop in the opposing field. For example, in those years I started an intense study of the monetarist literature and I found it much more stimulating than the dull repetition of Marxist formulas. The experiences of the “Quaderni Rossi” and “Classe Operaia” all contributed to create the right circumstances for this change, thanks to their propensity to analyze the present and to their attempt to revitalize the reading of Marxist texts by blowing up the sclerotic orthodoxy.

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