Listen to the third chapter of the book in this episode

Chapter 3 Toward a modular conception of capital: A metatheoretical
discussion

This chapter establishes the metatheoretical foundations for the
development of a novel model called the ‘commonist modular approach’ to
theorizing capital. It emphasizes that capital is not only characterized by
ongoing processes but also operates through modular structures, engaging in
diverse interactive socio-ecological mechanism. The focus is on examining the
connections between Marx's causal explanation, critical realism, the
Aristotelian doctrine of causality, and normative social theory. The chapter
adopts a pragmatic approach, piecing together compatible and complementary
elements from these philosophical traditions. Marx’s approach provides guidance
for analyzing capitalist dynamics, while critical realism offers insights into
understanding causality. The Aristotelian doctrine expands the concept of value
sources beyond labor, recognizing their multiplicity. By examining the
intersections between these traditions, the chapter lays the foundation for an
ontologically coherent framework for theorizing value. By integrating diverse
perspectives, this approach allows for a deeper understanding of the intricate
dynamics of capitalism, offering new pathways for transformative scholarship
within the realm of value theory.