Proudhon’s constituted value and the myth of labour notes

Abstract Karl Marx’s The Poverty of Philosophy has played a key role in associating Pierre-Joseph Proudhon with the idea of labour-time money. This article challenges this account by demonstrating that Marx not only failed to prove his assertion but that he also ignored substantial evidence against it. Proudhon’s ‘constituted value’ is explained and linked to […]

What it means to be libertarian

This is a write-up of my talk at the 2017 London Anarchist Bookfair. The programme blurb was as follows: “2017 marks 160 years since Joseph Déjacque coined the word “libertarian” in an open letter challenging Proudhon’s patriarchal and market socialist views. By the dawn of the twentieth century, anarchists across the world had embraced the […]

Review: Divide and Conquer or Divide and Subdivide? How Not to Refight the First International

This pamphlet is by the author of the best biography of Bakunin, Bakunin: The Creative Passion, Mark Leier and covers the Marx-Bakunin conflict in the First International. It shares a cover picture with Wolfgang Eckhardt’s The First Socialist Schism: Bakunin vs. Marx in the International Working Men’s Association [Oakland: PM Press, 2016], which raises the […]

Mind the Gap!

The 2017 snap-election was notable for many things, not least the Tory party itself proclaiming that its policies have not worked. Well, it did not quite say that – the problems it admitted existed seemed to have no cause, they just were. No mention of who was in office for the past seven years nor […]

Review: The Poverty of Philosophy by Karl Marx

This year (2017) marks the 170th anniversary of the publication of Karl Marx’s The Poverty of Philosophy, written in “reply” to Pierre-Joseph Proudhon’s System of Economic Contradictions published the year before. The book’s title is a play on the subtitle of Proudhon’s two volumes (“or, the Philosophy of Poverty”) and for Trotskyist Ernest Mandel “the […]