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Knowledge, Class, and Economics

Marxism without Guarantees

Robert Garnett Jr editor Theodore Burczak editor Richard McIntyre editor

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:17th Oct '17

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Knowledge, Class, and Economics cover

Knowledge, Class, and Economics: Marxism without Guarantees surveys the "Amherst School" of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume’s 30 original essays reflect the range of perspectives and projects that comprise the Amherst School—the interdisciplinary community of scholars that has enriched and extended, while never ceasing to interrogate and recast, the anti-economistic Marxism first formulated in the mid-1970s by Stephen Resnick, Richard Wolff, and their economics Ph.D. students at the University of Massachusetts-Amherst.

The title captures the defining ideas of the Amherst School: an open-system framework that presupposes the complexity and contingency of social-historical events and the parallel "overdetermination" of the relationship between subjects and objects of inquiry, along with a novel conception of class as a process of performing, appropriating, and distributing surplus labor. In a collection of 30 original essays, chapters confront readers with the core concepts of overdetermination and class in the context of economic theory, postcolonial theory, cultural studies, continental philosophy, economic geography, economic anthropology, psychoanalysis, and literary theory/studies.

Though Resnick and Wolff’s writings serve as a focal point for this collection, their works are ultimately decentered—contested, historicized, reformulated. The topics explored will be of interest to proponents and critics of the post-structuralist/postmodern turn in Marxian theory and to students of economics as social theory across the disciplines (economics, geography, postcolonial studies, cultural studies, anthropology, sociology, political theory, philosophy, and literary studies, among others).

"A superb achievement! This is the definitive collection dedicated to the work of Stephen Resnick and Richard Wolff, the influential scholars who, with their "Amherst School" students, changed Marxian economics forever. It includes piercing, yet appreciative evaluations of their bedrock concepts: class, Marxian knowledge, and overdetermination. The authors in this compendium are all the right commentators (former students, colleagues, and famed social theorists), and the editors—Theodore Burczak, Robert Garnett, and Richard McIntyre—have turned in the most insightful, lucid, and useful introductory essay to the work of Resnick and Wolff yet written. A must for undergraduates, graduates, scholars, and activists everywhere, for whom Marxism remains a living tradition.", Jack Amariglio, Professor of Economics, Merrimack College, USA

"Nearly a half century of stagnant wages and rising inequality, and the economic crisis following the financial crisis of 2008, has brought renewed interest to Marxian economics even while undermining the credibility of orthodox economic analysis. Richard Wolff and the late-Stephen Resnick did not need this crisis to discover the importance of Marxian analysis. Through their teaching as much as their writing, they have advanced Marxian analysis beyond the simple materialism of the Second International and Stalinism. Recognizing that capitalism is rarely a total and all-encompassing system, and that there are elements of noncapitalism all around us, they have developed a Marxian political economy that recognizes the importance of multiple forms of identity and engagement where social life is interwoven with forms of exploitation and resistance. They did this by building a community of scholarship and political engagement with colleagues and students, and students who became colleagues. These students and colleagues have collected a set of essays drawing on their work, and developing a central concept in Resnick and Wolff’s thought: "Marxism without Guarantees." While providing a superb introduction to Resnick and Wolff’s thought, Knowledge, Class, and Economics is a set of 30 challenging, fascinating, and stimulating essays. They are a worthy return to the many scholarly gifts that Resnick and Wolff gave us all.", Gerald Friedman, Professor of Economics, University of Massachusetts at Amherst, USA

"History’s ironies never end. The interest in Marxism is now more intense than it has been in more than three decades. This collection offers a theoretical and political invitation that deserves full consideration. It showcases the scope and depth of the innovativeness of an approach, which began its life in the work of Stephen Resnick, Richard Wolff, their students and colleagues, in an impressive range of themes at the level of epistemology and philosophy; economic and historical analysis of capitalism’s different sites; and non-capitalisms in theory and practice. The essays presented in this volume all call for our attention, because they have come from an intellectual source that has breathed new life into Marxism: one ‘without guarantees,’ and one, which offers ‘hope without guarantees.’ It is one that calls for continuous reflection; it is for re-thinking Marxism indeed.", Professor Serap Ayșe Kayatekin, Division of Social Sciences and Humanities, American College of Thessaloniki, Greece

"This incisive and wide-ranging collection does far more than commemorate the moment of the Amherst School and the possibilities of rethinking Marxism these past thirty years. It shows us what radical thinking looks like today. Knowledge, Class, and Economics will soon be required reading across the social sciences and humanities.", Andrew Parker, Comparative Literature, Rutgers University


"A superb achievement! This is the definitive collection dedicated to the work of Stephen Resnick and Richard Wolff, the influential scholars who, with their ‘Amherst School’ students, changed Marxian economics forever. It includes piercing yet appreciative evaluations of their bedrock concepts: class, Marxian knowledge, and overdetermination. The authors in this compendium are all the right commentators (former students, colleagues, and famed social theorists), and the editors—Theodore Burczak, Robert Garnett, and Richard McIntyre—have turned in the most insightful, lucid, and useful introductory essay to the work of Resnick and Wolff yet written. A must for undergraduates, graduates, scholars, and activists everywhere, for whom Marxism remains a living tradition." Jack Amariglio, Professor of Economics, Merrimack College, USA

"Through their teaching as much as their writing, Richard Wolff and the late Stephen Resnick advanced Marxian analysis beyond simple materialism to develop a Marxism that recognizes the importance of multiple forms of identity where social life is interwoven with different types of exploitation and resistance. Knowledge, Class, and Economics provides a superb introduction to Resnick and Wolff’s thought and offers a set of 30 challenging, fascinating, and stimulating essays that engage with it." Gerald Friedman, Professor of Economics, University of Massachusetts at Amherst, USA

"History’s ironies never end. The interest in Marxism is now more intense than it has been in decades. This collection showcases the scope and depth of the innovativeness of an approach that has breathed new life into Marxism: one ‘without guarantees,’ one that offers ‘hope without guarantees,’ a Marxism that calls for continuous reflection, for re-thinking Marxism indeed." Serap Ayșe Kayatekin, Professor of Economics and Social Science, American College of Thessaloniki, Greece

"This incisive and wide-ranging collection does far more than commemorate the moment of the Amherst School and the possibilities of rethinking Marxism these past thirty years. It shows us what radical thinking looks like today. Knowledge, Class, and Economics will soon be required reading across the social sciences and humanities." Andrew Parker, Professor of French and Comparative Literature, Rutgers University

ISBN: 9781138634480

Dimensions: unknown

Weight: 725g

514 pages