The Books/Reading Thread

In all honesty, I have no idea what interpretive theory is.

You are right though, no way he could read all the volumes of Capital in a day.

Also, The Communist Manifesto is pretty shitty, and I say that partly as a libertarian socialist.
 
There is no way (in my opinion) that you could read the first volume of Capital in a day.

But I didn't mean that quip about you reminding me of the PhD student as a negative. It was just funny because he always talks about the "nuances of the argument."

Interpretive Theory is basically an intense crash course (if such a thing is possible) in a history of philosophy, tracing the lineage of argument through several different thinkers.
 
Any suggestions for good modern (last 20-30 years? I find a bit of anachronism charming) essayists? I just wrapped up David Foster Wallace's A Supposedly Fun Thing... book and liked most of the essays quite a bit. His more theoretical moments got dull. Also read some Klosterman books lately and I find his sincerity to be extremely refreshing, and his prose never makes me feel like a college student in the way Wallace's does.

On a somewhat related note, I find early- and even late-'90s forecasts of the internet age to be fascinating. Wallace gets at this in his 1990 analysis of television, which remained interesting despite the emergence of artful TV in the last ten years or so, which sort of invalidates some of the essay. I'm not sure if he wrote about TV later on, but I'm guessing that he would have liked shows like Lost and Community for, respectively, their mastery of the drama in a traditional yet adventurous way, and beyond over-the-top self-awareness and exploitation of familiar tropes.

Not sure if he did write about the internet, but I'd be very interested in some real sociological critique of the internet. I have yet to read anything substantial about it.
 
There is no way (in my opinion) that you could read the first volume of Capital in a day.

But I didn't mean that quip about you reminding me of the PhD student as a negative. It was just funny because he always talks about the "nuances of the argument."

Interpretive Theory is basically an intense crash course (if such a thing is possible) in a history of philosophy, tracing the lineage of argument through several different thinkers.

Sounds like an interesting class. When I was in undergrad my profs always emphasized careful and thoughtful reading, and it is advice that very much applies to the works of someone like Karl Marx who, for all his outdated methodologies, assumptions and pseudo-scientific arguments does have some arguments that are worth considering: the dispossession of the land of the proletariat in England at the dawn of Industrialization is quite interesting, as are some of his more abstract ideas such as commodity fetishism and theories of surplus value.

Going back to Zizek, whom you mentioned in the other thread, I really think his starting point for integrating Marx, Freud, and Lacan was Marx's concept of commodity fetishism, in fact I think he even says as much in the Zizek! documentary I saw a few months ago.
 
Going back to Zizek, whom you mentioned in the other thread, I really think his starting point for integrating Marx, Freud, and Lacan was Marx's concept of commodity fetishism, in fact I think he even says as much in the Zizek! documentary I saw a few months ago.

I would agree.

The book I quoted from in the other thread was The Sublime Object of Ideology, which explicitly outlines this integration in a section titled "Commodity Fetishism."

I'm not a Marxian, but the psychological implications of his writings are fascinating. Lacan writes that it was not Hippocrates who identified the notion of the "symptom," but rather Marx. Žižek explains this very coherently in his book.

A symptom is a signifier of some deeper problem or issue; but it is not to be identified with that issue. Someone says "I feel nauseous." It's later discovered that they received a concussion. The nausea is not the condition. It is merely a signifying symptom.

Marx and Hegel were the first to begin illuminating this separation, and the emergent notion of the "symptom." Žižek recapitulates Marx's argument that the crucial difference between feudalism and capitalism is that in feudal societies there exists a social relation between men and a material relation between things; but in capitalist societies there exists a material relationship between men and a social relationship between things.

However, in capitalist societies we have apparently free agents acting of their own accord; being "good utilitarians," Žižek says. What is concealed, he claims, is that the master-slave dialectic exposed by Hegel and furthered by Marx, is still at work in capitalist societies; but it is obscured by the emergence of the social relation between things. This is the symptom of a capitalist society that points to some deeper issue; namely, that "free agents" aren't truly free. This applies not just to the proletariat. Marx claims that the bourgeois class is just as enslaved by the system; both worker and property owner need each other in order to progress/exist.

"Being-a-king" or "being-a-property owner" are just results of the social network between individuals. Kings are only kings because there are people who serve them; but this equation gets twisted around, and the subjects come to believe that they serve the king because he is a king. That his "king-ness" exists external to their relation. This misrecognition, which is obvious in feudal societies, is concealed in capitalism by shifting the social relation from individuals to objects (which become commodities).

Lacan argues that this misrecognition is at work in psychoanalysis as well. In his famous explanation of the "mirror stage," Lacan claims that in every individual's life an important development occurs in which that individual comes to its own self-identity only through the apprehension of other like forms. However, this is also an alienating experience, and creates a tension for the ego that will never be resolved. As soon as this recognition occurs, the individual is presented with two incompatible notions. That it is a unified being, but that its inner forces (especially in infancy, when it doesn't yet have control of its motor functions) are seemingly fragmented, capricious, and specifically uncontrollable.

Marx argues that objects relate in the same way; the only way objects/commodities can know their own value is by their comparison with other objects. Thus, they come into comparison merely because of their social relation; but this gets twisted as well, and thus the illusion descends again. It appears that the objects within this relation are equivalents "already in themselves," before any relation or network transpired. That is, that they intrinsically possess the qualities of being equivalent, just as the king instrinsically possesses the quality of "kingness."
 
Well I just read most of Marx Das Kapital first volume , not the entire series. Will finished it in two days or so. I was drunk during that post FYI.

So mister Marx scholar, what knowledge can you impart to us now concerning social classes, their defining characteristics, and the relationships that take place within and between them?
 
What is the means of production? What is commodity fetishism? What is the alienation of labor, and how are individuals alienated from their labor? How are not only the workers, but the capitalists themselves exploited by the ideological system?
 
Well since no one offered any recommendations I went ahead and bought this:

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It's like 900 some odd pages, the longest book I'll have ever read. It's funny because when I was in high school I used to think 300 pages books were really long, now I'm looking at this 900+ page book and relishing the idea of pouring through it.

Oh, and I spent the extra $10 and bought a signed copy. Never bought a signed copy before, should I have done this?
 
Glad you picked it up! How far have you gotten so far? I got about 1/10 thru on my flights last week, but I've been lazy since.

From what I've read so far it seems like the 'lesson' of the book is actually really brief -- i.e. something along the lines of "just find the net company book value and divide by value of the sum of their shares, the other 99.99999% of this book is about why you shouldn't do all this other shit people talk about". I assume they go into some protip stuff later on, but I wonder how many people actually live by that one value investing technique. Have you seen any numbers in the book yet with specific cases of it working? I'd kinda like to see them list a few stocks they identified as undervalued back in the day and what kinda ROI they've yielded in the years since -- not sure how much that would really prove though.

The question of stocks vs. bonds and how much of each is an interesting one, I'd never really given any thought to bonds before. Kinda bothers me that even Graham et al couldn't really make up their minds on it, haha.