Hegel, fictitious capital and the security state: dissolution and restoration of the fetishized world
Turner, Lou
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https://hdl.handle.net/2142/132821
Description
Title
Hegel, fictitious capital and the security state: dissolution and restoration of the fetishized world
Author(s)
Turner, Lou
Issue Date
2012
Keyword(s)
Hegel
Karl Marx
fictitious capital
Date of Ingest
2026-02-22T16:48:49-06:00
Abstract
This paper explores the immanent and objective foundations of a theory of capital in Hegelian philosophy. The perspective taken avoids the typical orthodoxy that counterposes the so-called materialist foundations of Marx’s critique of capitalist political economy to Hegel’s idealism. Instead, more continuity than discontinuity is shown to exist between their views of capitalism. The system-structure that classical political economy, especially the Physiocratic School’s Tableau Économique, provided a conceptual model in which the forces, processes, and law of motion of capitalism could be rationally comprehended, including its tendency toward crises that necessitated the intervention of a regulatory state to secure the system against itself. It is within the rational context of the system-structure of capitalism, presented here, that Hegel’s concept of labor becomes the natural law of capitalist society, giving new meaning to Marx’s view that the standpoint of Hegel’s philosophy is that of modern political economy.
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