{"word_count": 501, "character_count": 3148}
Nenovsky, Nikolay (2020)Revue de la regulation 26. Online. Open accessABSTRACT“We focus on some original approaches so as to find a solution to the “coordination problem” of the decentralised commodity economy in the different interpretations (and refutations) of Marx, stressing the central role of money. We reconstruct in a comparative perspective the approaches of two contemporary French scholars, Jean Cartelier and André Orléan and of two Russian economists, Isaak Rubin and Peter Struve who worked in the beginning of the last century. Our reconstruction starts with Marx although other approaches are also possible. Each of the four scholars under review offered his own methods of solving the issue of coordination. Although the ideas of the four authors intertwined, we can differentiate between two pairs namely Rubin/Orléan (part 1) and Struve/Cartelier (part 2). This corresponds to the radicality of their analytical solutions. While the former pair upheld the theory of value (each one in his own way), the latter actually eliminated it (again each one in his own way).”EXTRACT“2. André Orléan’s solution: sociology and the theory of social authorityAndré Orléan is familiar with the approach of Rubin and his interpretation of Marx from the standpoint of the theory of fetishism – which he has read in Rubin’s book on value –, whereas he is not familiar with Rubin’s Essays on Marx’s Theory of Money. Orléan has also grasped the limits of Rubin’s interpretation. Therefore, as a result of his many years’ research in the area of monetary theory (part of which jointly with Aglietta) Orléan offers a fundamentally different approach. Definitive version of Orléan’s theoretical system can be found in his book L’empire de la valeur. Refonder l’économie (2011). This book features succinctly the author’s quests (in most cases jointly with Aglietta) related to the theory of money which started with their book entitled La violence de la monnaie (1982), and developed further in their book entitled La Monnaie entre violence et confiance published in 2002.40 Further on, we shall try to dwell briefly on the main tenets in Orléan’s approach to solving the coordination problem of the commodity economy. We shall dwell in particular on his latest book Empire of Value, on his article on the sociology of money (Orléan, 2016), his latest article on the place of money in Marx’s works (Orléan, 2017) and recently a book chapter where, as a tribute to de Brunhoff, he develops his ideas about the interpretation of the simple commodity production (Orléan, 2018). His interview published in Revue de la régulation (Orléan, 2013), and the discussion with the Marxist Jean-Marie Harribey (Harribey, 2011; Orléan, 2011a) are worth to be considered. In a nutshell, as I understand it, the logic of Orléan’s theory is as follows: first, the starting theoretical point can be reduced to the need of formulating a theoretically adequate coordination mechanism within the frameworks of the commodity economy, an alternative to the LV. Why has Orléan opposed the Law of Value (LV) and what is his fundamental criticism of it?” (p. 12)Download link 