Marxism

A political ideology rooted in the ideas of Karl Marx which asserts the inherent intellectual contradictions at the heart of capitalism and market. Marx defines a heterodox reading of value based on philosophy and history and attempts to derive a new system in which price formation can occur without the existing superstructure of capitalism.

See also commodity fetishism and sign value.

References

1. Beggs, Mike. n.d. ‘The Dumb Money’. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2018/04/bitcoin-cryptocurrency-monetary-system.
2. Eich, Stefan. 2018. ‘The Currency of Politics’. The Political Theory of Money from Aristotle to Keynes.
3. ———. n.d. ‘Crypto Won’t Solve Our Problems — We Need to Democratize Money’. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/02/cryptocurrency-democratize-monetary-policy-economics-banks-financial-system-bitcoin.
4. Hart, Raven. n.d. ‘Cryptocurrency Is Bunk’. Accessed 20 March 2022. https://www.jacobinmag.com/2021/10/cryptocurrency-bitcoin-politics-treasury-central-bank-loans-monetary-policy.
5. Henwood, David. n.d. ‘What’s Behind Bitcoin Mania?’ Jacobin. Accessed 20 March 2022. https://www.jacobinmag.com/2017/12/bitcoin-price-crypto-currency-explainer.
6. Howson, Peter. n.d. ‘No, Crypto Isn’t Helping Ukraine’. Jacobin. Accessed 20 March 2022. https://www.jacobinmag.com/2022/03/crypto-bitcoin-ukraine-russia-war-finance-funding.
7. Silverman, Jacob. n.d. ‘Crypto Is Making Everything Worse’. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/03/cryptocurrency-bitcoin-speculative-asset-digitization-metaverse.
8. Sohale Andrus Mortazvi. n.d. ‘Cryptocurrency Is a Giant Ponzi Scheme’. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization.