Collective Viewings of Value(s) and the Struggle for What is Valuable: The Case of Grassroots Initiatives

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World Review of Political Economy

Volume 7, Issue 1

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Collective Viewings of Value(s) and the Struggle for What is Valuable: The Case of Grassroots Initiatives

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Author(s): Irene Sotiropoulou

Publication date (Print): Spring 2016

Journal: World Review of Political Economy

Publisher: Pluto Journals

Keywords: value, grassroots, transaction modes, production modes, Greece

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Abstract

The article discusses the grassroots approaches to value(s) and valuing(s) as encountered in several schemes which exist in Greece over the last few years and whose members perform transactions without the use of any official currency. The main scope of the article is to explore the theoretical issues that emerge from the grassroots practices and analyse ways by which those practices challenge or even defy the dominant economic structures, perceptions and theories about value. Given that the theoretical issues emerge from field research and findings, empirical data on ethnographic nature are used to contribute to the discussion and place the questions within their historical and practical contexts. The variety of practices itself informs the theoretical debate about the multiple ways people might think of and use ideas about value in their economic activity.

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Journal ID (doi): 10.13169

Journal ID (publisher-id): worlrevipoliecon

Title: World Review of Political Economy

Publisher: Pluto Journals

ISSN (Print): 2042891X

ISSN (Electronic): 20428928

Publication date (Print): Spring 2016

Volume: 7

Issue: 1

Pages: 56-84

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Publisher ID: worlrevipoliecon.7.1.0056

DOI: 10.13169/worlrevipoliecon.7.1.0056

SO-VID: 169a2cd3-00df-4f2a-9fa3-72fa4bd9001f

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Comments

Comment on this article

[1] Albritton, R. 2003. “Marx's Value Theory and Subjectivity.” In Value and the World Economy Today: Production, Finance and Globalization , edited by R. Westra and A. Zuege, 205–24. Houndmills: Palgrave Macmillan.

[2] Amin, A., A. Cameron, and R. Hudson. 2003. “The Alterity of the Social Economy.” In Alternative Economic Spaces , edited by A. Leyshon, R. Lee, and C. C. Williams, 27–54. London: Sage.

[3] Arthur, C. J. 2001. “Value, Labour and Negativity.” Capital and Class 73: 15–39.

[4] Biddle, E., D. Graeber, and S. Shukaitis, eds. 2007. Constituent Imagination: Militant Investigations, Collective Theorization . Oakland: AK Press.

[5] Bonacich, P., and N. E. Friedkin. 1998. “Unequally Valued Exchange Relations.” Social Psychology Quarterly 61 (2): 160–71.

[6] Burkett, P. 2003. “Nature and Value Theory: Airing Out the Issues.” Science and Society 67 (4): 452–62.

[7] Bush, P. D. 1991. “Reflections on the Twenty-Fifth Anniversary of AFEE: Philosophical and Methodological Issues in Institutional Economics.” Journal of Economic Issues 25 (2): 321–46.

[8] Caffentzis, G. 2002. “On the Notion of a Crisis of Social Reproduction: A Theoretical Review.” Commoner , no. 5: 1–22.

[9] Carruthers, B. G., and S. Babb. 1996. “The Color of Money and the Nature of Value: Greenbacks and Gold in Post-Bellum America.” American Journal of Sociology 101 (6): 1556–91.

[10] Charusheela, S. 2003. “Empowering Work? Bargaining Models Reconsidered.” In Toward a Feminist Philosophy of Economics , edited by D. K. Barker and E. Kuiper, 287–303. London: Routledge.

[11] Chatzidakis, A., P. Maclaran, and A. Bradshaw. 2012. “Heterotopian Space and the Utopics of Ethical and Green Consumption.” Journal of Marketing Management 28 (3): 494–515.

[12] Clark, J. M. 1915. “The Concept of Value: A Rejoinder.” Quarterly Journal of Economics 29 (4): 709–23.

[13] Consesa-Sevilla, J. 2006. “The Intrinsic Value of the Whole: Cognitive and Utilitarian Evaluative Processes as They Pertain to Ecocentric, Deep Ecological and Ecopsychological ‘Valuing.’” Trumpeter Journal of Ecosophy 22 (2): 26–42.

[14] Dalla Costa, M. 2007. “Food as Common and Community.” Commoner , no. 12: 129–37.

[15] Dalla Costa, M., and S. James. 1975. The Power of Women and the Subversion of the Community . Birstol: Falling Wall Press & Individuals from Women's Movement in England and Italy.

[16] Dalton, G. 1965. “Primitive Money.” American Anthropologist 67 (1): 44–65.

[17] Dalton, G. 1982. “Barter.” Journal of Economic Issues 16 (1): 181–90.

[18] Daly, H. E. 1985. “The Circular Flow of Exchange Value and the Linear Throughput of Matter-Energy: A Case of Misplaced Concreteness.” Review of Social Economy 43 (3): 279–97.

[19] De Angelis, M. 2007. The Beginning of History: Value Struggles and Global Capital . London: Pluto Press.

[20] De Brunhoff, S. 2003. “Value, Finance and Social Classes.” In Value and the World Economy Today: Production, Finance and Globalization , edited by R. Westra and A. Zuege, 40–56. Houndmills: Palgrave Macmillan.

[21] Diquattro, A. 2007. “The Labour Theory of Value and Simple Commodity Production.” Science & Society 71 (4): 455–83.

[22] Dobb, M. 1975. Theories of Value and Distribution since Adam Smith: Ideology and Economic Theory . Cambridge: Cambridge University Press.

[23] Dooley, P. C. 2005. The Labour Theory of Value . London: Routledge.

[24] Duménil, G., and D. Lévy. 2003. “Production and Management: Marx's Dual Theory of Labor.” In Value and the World Economy Today: Production, Finance and Globalization , edited by R. Westra and A. Zuege, 137–57. Houndmills: Palgrave Macmillan.

[25] Ehrenreich, B. 2002. Nickel and Dimed: Undercover in Low-Wage USA . London: Granta Books.

[26] Ehrenreich, B., and A. R. Hochchild, eds. 2003. Global Woman: Nannies, Maids and Sex Workers in the New Economy . London: Granta Books & Metropolitan Books.

[27] Exner, A. 2014. “Degrowth and Demonetization: On the Limits of a Non-Capitalist Market Economy.” Capitalism Nature Socialism 25 (3): 9–27.

[28] Federici, S. 2013. Revolucion en punto cero: Trabajo domestico, reproduccion y luchas feministas [Revolution at point zero: Domestic labour, reproduction and feminist struggles]. Translated by C. Fernandez-Cuervos and P. Martin-Ponz. Oakland: PM Press.

[29] Fleetwood, S. 2001. “What Kind of Theory Is Marx's Labour Theory of Value? A Critical Realist Inquiry.” Capital & Class 25 (1): 41–77.

[30] Frazer, N. 2013. Fortunes of Feminism: From State-Managed Capitalism to Neoliberal Crisis . London: Verso.

[31] Freeman, A. 2003. “When Things Go Wrong: The Political Economy of Market Breakdown.” In Value and the World Economy Today: Production, Finance and Globalization , edited by R. Westra and A. Zuege, 91–118. Houndmills: Palgrave Macmillan.

[32] Garnett, A. C. 1936. “The Interest Theory of Value.” Philosophy 11 (42): 163–75.

[33] Gibson-Graham, J. K. 1996. The End of Capitalism (as We Knew It): A Feminist Critique of Political Economy . Minneapolis: University of Minnesota Press.

[34] Gibson-Graham, J. K. 2006. A Postcapitalist Politics . Minneapolis: University of Minnesota Press.

[35] Gibson-Graham, J. K. 2008. “Diverse Economies: Performative Practices for ‘Other Worlds.’” Progress in Human Geography 35 (5): 613–32.

[36] Graeber, D. 2001. Toward an Anthropological Theory of Value: The False Coin of Our Own Dreams . Houndmills: Palgrave Macmillan.

[37] Graeber, D. 2005. “Preface: Spring.” Commoner , no. 10: 4–65.

[38] Graeber, D. 2006. “Turning Modes of Production Inside Out: Or, Why Capitalism Is a Transformation of Slavery.” Critique of Anthropology 26 (1): 61–85.

[39] Gregory, C. A. 1997. Savage Money: The Anthropology and Politics of Commodity Exchange . The Netherlands: Harwood Academic Publishers.

[40] Harman, G. 1994. “Explaining Value.” Social Philosophy & Policy 11 (1): 229–48.

[41] Harvie, D. 2005. “All Labour Produces Value for Capital and We All Struggle against Value.” Commoner , no. 10: 132–71.

[42] Henderson, G. 2013. Value in Marx: The Persistence of Value in a More-than-Capitalist World . Minneapolis: University of Minnesota Press.

[43] Henninger, M. 2007. “Doing the Math: Reflections on the Alleged Obsolescence of the Law of Value under Post-Fordism.” Theory & Politics of Organization 7 (1): 158–77.

[44] Hornborg, A. 1992. “Machine Fetishism, Value, and the Image of Unlimited Good: Towards a Thermodynamics of Imperialism.” Man 27 (1): 1–18.

[45] Hugh-Jones, S. 1992. “Yesterday's Luxuries, Tomorrow's Necessities: Business and Barter in Northwest Amazonia.” In Barter, Exchange and Value: An Anthropological Approach , edited by C. Humphrey and S. Hugh-Jones, 42–74. Cambridge: Cambridge University Press.

[46] Humphrey, C. 1985. “Barter and Economic Disintegration.” Man 20 (1): 48–72.

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