Charges of abandoned standards issue from government offices; laments for the loss of the best that has been thought and said resound through university corridors. While revisionists are perplexed by questions of value, critical theory—haunted by the heresy of relativism—remains captive to classical formulas. Barbara Herrnstein Smith’s book confronts the conceptual problems and sociopolitical conflicts at the heart of these issues and raises their discussion to a new level of sophistication.
Polemical without being rancorous, Contingencies of Value mounts a powerful critique of traditional conceptions of value, taste, judgment, and justification. Through incisive discussions of works by, among others, David Hume, Immanuel Kant, Northrop Frye, Georges Bataille, Jacques Derrida, Richard Rorty, and Jürgen Habermas, Smith develops an illuminating alternative framework for the explanation of these topics.
All value, she argues, is radically contingent. Neither an objective property of things nor merely a subjective response to them, it is the variable effect of numerous interacting economies that is, systems of apportionment and circulation of “goods.” Aesthetic value, moral value, and the truth-value of judgments are no exceptions, though traditional critical theory, ethics, and philosophy of language have always tried to prove otherwise.
Smith deals in an original way with a wide variety of contemporary issues—from the relation between popular and high culture to the conflicting conception of human motives and actions in economic theory and classical humanism. In an important final chapter, she addresses directly the crucial problem of relativism and explains why a denial of the objectivity of value does not—as commonly feared and charged—produce either a fatuous egalitarianism or moral and political paralysis.
Harold James examines the vulnerability and fragility of processes of globalization, both historically and in the present. This book applies lessons from past breakdowns of globalization—above all in the Great Depression—to show how financial crises provoke backlashes against global integration: against the mobility of capital or goods, but also against flows of migration. By a parallel examination of the financial panics of 1929 and 1931 as well as that of 2008, he shows how banking and monetary collapses suddenly and radically alter the rules of engagement for every other type of economic activity.
Increased calls for state action in countercyclical fiscal policy bring demands for trade protection. In the open economy of the twenty-first century, such calls are only viable in very large states—probably only in the United States and China. By contrast, in smaller countries demand trickles out of the national container, creating jobs in other countries. The international community is thus paralyzed, and international institutions are challenged by conflicts of interest. The book shows the looming psychological and material consequences of an interconnected world for people and the institutions they create.
Locates the deep history of digitality in the development of racial capitalism
Seb Franklin sets out a media theory of racial capitalism to examine digitality’s racial-capitalist foundations. The Digitally Disposed shows how the promises of boundless connection, flexibility, and prosperity that are often associated with digital technologies are grounded in racialized histories of dispossession and exploitation. Reading archival and published material from the cybernetic sciences alongside nineteenth-century accounts of intellectual labor, twentieth-century sociometric experiments, and a range of literary and visual works, The Digitally Disposed locates the deep history of digitality in the development of racial capitalism.
Franklin makes the groundbreaking argument that capital’s apparently spontaneous synthesis of so-called free individuals into productive circuits represents an “informatics of value.” On the one hand, understanding value as an informatic relation helps to explain why capital was able to graft so seamlessly with digitality at a moment in which it required more granular and distributed control over labor—the moment that is often glossed as the age of logistics. On the other hand, because the informatics of value sort populations into positions of higher and lower capacity, value, and status, understanding their relationship to digitality requires that we see the digital as racialized and gendered in pervasive ways.
Ultimately, The Digitally Disposed questions the universalizing assumptions that are maintained, remade, and intensified by today’s dominant digital technologies. Vital and far-reaching, The Digitally Disposed reshapes such fundamental concepts as cybernetics, informatics, and digitality.
Reevaluates early modern poems of praise as, paradoxically, challenging an artistic economy that values exchange and productivity
Early modern poems of praise typically insist that they do not have a purpose or enact real labor beyond their effortless listing of laudable qualities. And yet the poets discussed in this study, including Ben Jonson, Andrew Marvell, Anne Bradstreet, Lucy Hutchinson, and John Milton, hint at an alternative aesthetic economy at work in their verse. Poetic praise, it turns out, might show us a social world outside the organizing principle of exchange.
In Economies of Praise: Value, Labor, and Form in Seventeenth‑Century English Poetry, Ryan Netzley explores how poems of praise imagine alternatives to market and gift economies and point instead to a self-contained aesthetic economy that works against a more expansive and productivist understanding of literary art. By depicting exchange as inconsequential, unproductive, and redundant rather than a necessary constituent of social order, these poems model for modern readers a world without the imperative to create, appraise, and repeatedly demonstrate one’s own value.
This is a book about one of the great untold stories of modern cultural life: the remarkable ascendancy of prizes in literature and the arts. Such prizes and the competitions they crown are almost as old as the arts themselves, but their number and power--and their consequences for society and culture at large--have expanded to an unprecedented degree in our day. In a wide-ranging overview of this phenomenon, James F. English documents the dramatic rise of the awards industry and its complex role within what he describes as an economy of cultural prestige.
Observing that cultural prizes in their modern form originate at the turn of the twentieth century with the institutional convergence of art and competitive spectator sports, English argues that they have in recent decades undergone an important shift--a more genuine and far-reaching globalization than what has occurred in the economy of material goods. Focusing on the cultural prize in its contemporary form, his book addresses itself broadly to the economic dimensions of culture, to the rules or logic of exchange in the market for what has come to be called "cultural capital." In the wild proliferation of prizes, English finds a key to transformations in the cultural field as a whole. And in the specific workings of prizes, their elaborate mechanics of nomination and election, presentation and acceptance, sponsorship, publicity, and scandal, he uncovers evidence of the new arrangements and relationships that have refigured that field.
This issue theorizes what questions of value might contribute to our understanding of sound and music. Divesting sound and music from notions of intrinsic value, the contributors follow various avenues through which sound and music produce value in and as history, politics, ethics, epistemology, and ontology. As a result, the very question of what sound and music are—what constitutes them, as well as what they constitute—is at stake. Contributors examine the politics of music and crowds, the metaphysics of sensation, the ecological turn in music studies, and the political resistance inherent to sound; connect Karl Marx to black music and slave labor; look at Marx, the Marx Brothers, and fetishism; and explore the tension between the voice of the Worker who confronts Capital head-on and the voices of actual workers.
Contributors: Amy Cimini, Bill Dietz, Jairo Moreno, Rosalind Morris, Ana María Ochoa Gautier, Ronald Radano, Gavin Steingo, Peter Szendy, Gary Tomlinson, Naomi Waltham-SmithEconomists dream of equilibrium. It’s time to wake up.
In mainstream economics, markets are ideal if competition is perfect. When supply balances demand, economic maturity is orderly and disturbed only by shocks. These ideas are rooted in doctrines going back thousands of years yet, as James K. Galbraith and Jing Chen show, they contradict the foundations of our scientific understanding of the physical and biological worlds.
Entropy Economics discards the conventions of equilibrium and presents a new basis for thinking about economic issues, one rooted in life processes—an unequal world of unceasing change in which boundaries, plans, and regulations are essential. Galbraith and Chen’s theory of value is based on scarcity, and it accounts for the power of monopoly. Their theory of production covers increasing and decreasing returns, uncertainty, fixed investments over time, and the impact of rising resource costs. Together, their models illuminate key problems such as trade, finance, energy, climate, conflict, and demography.
Entropy Economics is a thrilling framework for understanding the world as it is and will be keenly relevant to the economic challenges of a world threatened with disorder.
Experience and Value: Essays on John Dewey and Pragmatic Naturalism brings together twelve philosophical essays spanning the career of noted Dewey scholar, S. Morris Eames. The volume includes both critiques and interpretations of important issues in John Dewey’s value theory as well as the application of Eames’s pragmatic naturalism in addressing contemporary problems in social theory, education, and religion.
The collection begins with a discussion of the underlying principles of Dewey’s pragmatic naturalism, including the concepts of nature, experience, and philosophic method. Essays “Experience and Philosophical Method in John Dewey” and “Primary Experience in the Philosophy of John Dewey” develop what Eames believed to be a central theme in Dewey’s thought and provide a theoretical framework for subsequent discussion.
The volume continues with specific applications of this framework in the areas of value theory, moral theory, social philosophy, and the philosophy of religion. Eames’s analysis of value exposes the connection between the immediately felt values of experience and the more sophisticated judgments of value that are the product of reflection. From this basis in moral theory, Eames considers the derivation of judgments of obligation from judgments of fact. This discussion provides a grounding for a consideration of contemporary social issues directed by naturalistic and scientific principles.
In the third section, with regard to educational theory, Eames considers possible resolutions of the current dichotomy between the factual worldview of science and the humanistic worldview of the liberal arts. The comprehensive article, “Dewey’s Views of Truth, Beauty, and Goodness,” connects the essays of the first and second sections and explores the placement of Dewey’s value theory with respect to morals and aesthetics. With “Creativity and Democracy,” in the fourth section, Eames also considers the concept of democracy from the standpoint of current and historical issues faced by society. This article hints at a major project of Eames’s intellectual life—the theory of democracy.
The volume concludes with a discussion of the difficulty of maintaining the values of religious experience in a scientifically and technologically sophisticated world, the very topic that first brought Eames to philosophy—the meaning of religion and the religious life. Suggested solutions are offered in “The Lost Individual and Religious Unity.”
Experience and Value: Essays on John Dewey and Pragmatic Naturalism illuminates Eames’ life of inquiry, a life that included moral, social, aesthetic, and religious dimensions of value—all suffused with the influence of John Dewey.
Jurij Striedter provides a dynamic introduction to and critique of Russian Formalism and Czech Structuralism. He makes clear the pathbreaking contribution of these European schools to modern literary theory and criticism, placing them in their contemporary contexts and at the same time relating them to ongoing debates in America.
Striedter gives an authoritative account of the development of Russian Formalism from its birth around 1915 through its forced end in the late 1920s, focusing on the contributions of Roman Jakobson, Mikhail Bakhtin, and others to the theory and analysis of literary history, literary genres and narrative prose. He compares the concepts of the literary work, literature as system, and literary evolution in both Russian Formalism and Czech Structuralism to show how these early formalistic approaches led to an elaborated structuralist and semiotic concept of literature as a historically changing system correlated to society and cultural change. He sets forth the work of Jan Mukarovsky and Felix Vodicka, whose Czech Structuralist theory of literary evolution and literary reception (or reader response) anticipated much recent theorizing.
Finally, Striedter brings these ideas into play by showing how they can contribute to the debate of the last few years in North America and Europe about the key issue of literary evaluation. This book and the theories it discusses challenge our contemporary understanding of literature, its history, and its functions in society and human life.
Who's better? Billie Holiday or P. J. Harvey? Blur or Oasis? Dylan or Keats? And how many friendships have ridden on the answer? Such questions aren't merely the stuff of fanzines and idle talk; they inform our most passionate arguments, distill our most deeply held values, make meaning of our ever-changing culture. In Performing Rites, one of the most influential writers on popular music asks what we talk about when we talk about music. What's good, what's bad? What's high, what's low? Why do such distinctions matter? Instead of dismissing emotional response and personal taste as inaccessible to the academic critic, Simon Frith takes these forms of engagement as his subject--and discloses their place at the very center of the aesthetics that structure our culture and color our lives.
Taking up hundreds of songs and writers, Frith insists on acts of evaluation of popular music as music. Ranging through and beyond the twentieth century, Performing Rites puts the Pet Shop Boys and Puccini, rhythm and lyric, voice and technology, into a dialogue about the undeniable impact of popular aesthetics on our lives. How we nod our heads or tap our feet, grin or grimace or flip the dial; how we determine what's sublime and what's "for real"--these are part of the way we construct our social identities, and an essential response to the performance of all music. Frith argues that listening itself is a performance, both social gesture and bodily response. From how they are made to how they are received, popular songs appear here as not only meriting aesthetic judgments but also demanding them, and shaping our understanding of what all music means.
The subjects treated in this symposium have one major characteristic in common, that they have recently, or relatively recently, enjoyed high popularity among readers. Also, they have received from substantial to torrents of comment.
In Standards of Value, Michael Germana reveals how tectonic shifts in U.S. monetary policy—from the Coinage Act of 1834 to the abolition of the domestic gold standard in 1933–34—correspond to strategic changes by American writers who renegotiated the value of racial difference. Populating the pages of this bold and innovative study are authors as varied as Harriet Beecher Stowe, George Washington Cable, Charles Chesnutt, James Weldon Johnson, Nella Larsen, Jessie Redmon Fauset, and Ralph Ellison—all of whom drew analogies between the form Americans thought the nation's money should take and the form they thought race relations and the nation should take.
A cultural history of race organized around and enmeshed within the theories of literary and monetary value, Standards of Value also recovers a rhetorical tradition in American culture whose echoes can be found in the visual and lyrical grammars of hip hop, the paintings of John W. Jones and Michael Ray Charles, the cinematography of Spike Lee, and many other contemporary forms and texts.
This reconsideration of American literature and cultural history has implications for how we value literary texts and how we read shifting standards of value. In vivid prose, Germana explains why dollars and cents appear where black and white bodies meet in American novels, how U.S. monetary policy gave these symbols their cultural currency, and why it matters for scholars of literary and cultural studies.
Chamberlain's classic work, now in its eighth edition, continues to influence the fundamental thinking of economists and businessmen, and for the best of reasons: It is a basic treatise in theory which, unlike traditional theories of “perfect competition,” deals with the economic world we live in, including both price and nonprice competition, oligopoly, various degrees of monopoly, “differentiated” products, advertising, etc. Its influence has spread extensively as well as intensively—to new theoretical problems, such as economic dynamics and development, and to the analysis of an increasingly wide range of the so-called “applied” fields.
In this eighth edition of The Theory of Monopolistic Competition Professor Chamberlain has added three new appendices: The Definition of Selling Costs; Numbers and Elasticities; and The Origin and Early Development of Monopolistic Competition Theory. The index has been extensively revised and expanded. In successive earlier editions the author compiled a bibliography of 1497 items. He also added a new treatment of the cost curve of the firm, discussing in particular some current misconceptions as to the role of the laws of proportions and of the divisibility of factors in relation to economics and diseconomies of scale, and advancing a broader theory which assigns to both proportions and scale their proper roles.
A timely examination of the attachments we form to objects and how they might be used to reduce waste
Rampant consumerism has inundated our planet with pollution and waste. Yet attempts to create environmentally friendly forms of consumption are often co-opted by corporations looking to sell us more stuff. In Things Worth Keeping, Christine Harold investigates the attachments we form to the objects we buy, keep, and discard, and explores how these attachments might be marshaled to create less wasteful practices and balance our consumerist and ecological impulses.
Although all economies produce waste, no system generates as much or has become so adept at hiding its excesses as today’s mode of global capitalism. This book suggests that managing the material excesses of our lives as consumers requires us to build on, rather than reject, our desire for and attraction to objects. Increasing environmental awareness on its own will be ineffective at reversing ecological devastation, Harold argues, unless it is coupled with a more thorough understanding of how and why we love the things that imbue our lives with pleasure, meaning, and utility.
From Marie Kondo’s method for decluttering that asks whether the things in our lives “spark joy” to the advent of emotionally durable design, which seeks to reduce consumption and waste by increasing the meaningfulness of the relationship between user and product, Harold explores how consumer psychology and empathetic design can transform our perception of consumer products from disposable to interconnected. An urgent call for rethinking consumerism, Things Worth Keeping shows that by recognizing our responsibility for the things we produce, we can become better stewards of the planet.
Is the purpose of political philosophy to articulate the moral values that political regimes would realize in a virtually perfect world and show what that implies for the way we should behave toward one another? That model of political philosophy, driven by an effort to draw a picture of an ideal political society, is familiar from the approach of John Rawls and others. Or is political philosophy more useful if it takes the world as it is, acknowledging the existence of various morally non-ideal political realities, and asks how people can live together nonetheless?
The latter approach is advocated by “realist” thinkers in contemporary political philosophy. In Value, Conflict, and Order, Edward Hall builds on the work of Isaiah Berlin, Stuart Hampshire, and Bernard Williams in order to establish a political realist’s theory of politics for the twenty-first century. The realist approach, Hall argues, helps us make sense of the nature of moral and political conflict, the ethics of compromising with adversaries and opponents, and the character of political legitimacy. In an era when democratic political systems all over the world are riven by conflict over values and interests, Hall’s conception is bracing and timely.
Unlike many other handicrafts in the Mexican state of Oaxaca, which have long cultural and historical trajectories, Oaxacan woodcarving began in the second half of the twentieth century and has always been done for the commercial market. In The Value of Aesthetics, Alanna Cant explores how one family’s workshop in the village of San Martín Tilcajete has become the most critically and economically successful, surpassing those of neighbors who use similar materials and techniques. The dominance of this family is tied to their ability to produce a new aesthetic that appeals to three key “economies of culture”: the tourist market for souvenirs, the national market for traditional Mexican artesanías, and the international market for indigenous art.
Offering a new analytical model by which anthropologists can approach visual aesthetics and conceptualize the power of artworks as socially active objects, The Value of Aesthetics shows how aesthetic practices produce and redefine social and political relationships. By investigating the links between aesthetics and issues of production, authorship, ownership, and identity, Cant shows aesthetic change to be a process that ultimately repackages everyday life into commodified objects in Oaxaca.
It is all too easy to assume that social service programs respond to homelessness, seeking to prevent and understand it. The Value of Homelessness, however, argues that homelessness today is an effect of social services and sciences, which shape not only what counts as such but what will?or ultimately won’t?be done about it.
Through a history of U.S. housing insecurity from the 1930s to the present, Craig Willse traces the emergence and consolidation of a homeless services industry. How to most efficiently allocate resources to control ongoing insecurity has become the goal, he shows, rather than how to eradicate the social, economic, and political bases of housing needs. Drawing on his own years of work in homeless advocacy and activist settings, as well as interviews conducted with program managers, counselors, and staff at homeless services organizations in New York, Los Angeles, San Francisco, and Seattle, Willse provides the first analysis of how housing insecurity becomes organized as a governable social problem.
An unprecedented and powerful historical account of the development of contemporary ideas about homelessness and how to manage homelessness, The Value of Homelessness offers new ways for students and scholars of social work, urban inequality, racial capitalism, and political theory to comprehend the central role of homelessness in governance and economy today.
The Value of Life is an exploration of the actual and perceived importance of biological diversity for human beings and society. Stephen R. Kellert identifies ten basic values, which he describes as biologically based, inherent human tendencies that are greatly influenced and moderated by culture, learning, and experience. Drawing on 20 years of original research, he considers:
Spanning a quarter of a century, this collection of plays demonstrates author Jeffrey Sweet’s eye for the drama of human relationships. Sweet works with sensitivity and irony to confront both personal politics and the impact of historical change. These nine works, taken together, present a playwright who extends the struggles of his small circles of characters to his audience and humanity in general.
The title work, first mounted in 1982, is a comedy-drama about the aftermath of the blacklist whose continued relevance makes it a frequently produced play today. The family drama Porch suggests larger social changes through the interaction of a small-town shopkeeper and his defiant daughter. The lauded American Enterprise, set in the Chicago of the robber barons, is a song-filled true story about a millionaire whose stubborn idealism leads to disaster. Stay Till Morning is a rueful comedy about sex and accommodation in the Florida Keys. The three plays that grew out of his fascination with the effects of World War II—Berlin ’45, Court-Martial at Fort Devens, and The Action Against Sol Schumann—dramatize the ways in which that conflict transformed private fates. Each script is accompanied by an extended introduction from the playwright as well as complete performance notes.
Jade, stone tools, honey and wax, ceramics, rum, land. What gave these commodities value in the Maya world, and how were those values determined? What factors influenced the rise and fall of a commodity’s value? The Value of Things examines the social and ritual value of commodities in Mesoamerica, providing a new and dynamic temporal view of the roles of trade of commodities and elite goods from the prehistoric Maya to the present.
Editors Jennifer P. Mathews and Thomas H. Guderjan begin the volume with a review of the theoretical literature related to the “value of things.” Throughout the volume, well-known scholars offer chapters that examine the value of specific commodities in a broad time frame—from prehistoric, colonial, and historic times to the present. Using cases from the Maya world on both the local level and the macro-regional, contributors look at jade, agricultural products (ancient and contemporary), stone tools, salt, cacao (chocolate), honey and wax, henequen, sugarcane and rum, land, ceramic (ancient and contemporary), and contemporary tourist handicrafts.
Each chapter author looks into what made their specific commodity valuable to ancient, historic, and contemporary peoples in the Maya region. Often a commodity’s worth goes far beyond its financial value; indeed, in some cases, it may not even be viewed as something that can be sold. Other themes include the rise and fall in commodity values based on perceived need, rarity or overproduction, and change in available raw materials; the domestic labor side of commodities, including daily life of the laborers; and relationships between elites and nonelites in production.
Examining, explaining, and theorizing how people ascribe value to what they trade, this scholarly volume provides a rich look at local and regional Maya case studies through centuries of time.
Contributors:
Rani T. Alexander
Dean E. Arnold
Timothy Beach
Briana Bianco
Steven Bozarth
Tiffany C. Cain
Scott L. Fedick
Thomas H. Guderjan
John Gust
Eleanor Harrison-Buck
Brigitte Kovacevich
Samantha Krause
Joshua J. Kwoka
Richard M. Leventhal
Sheryl Luzzadder-Beach
Jennifer P. Mathews
Heather McKillop
Allan D. Meyers
Gary Rayson
Mary Katherine Scott
E. Cory Sills
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