![]() ![]() Ownership over the means of production allows capitalists to extract surplus from labor, which they can feed back into the production and surplus creation process, or take out for consumption. In what follows, I will summarize the core themes of my book with only scant reference to their critiques, which I reserve for the reply at the end of this issue.Ĭapital is not a thing, but a social relation, as Marx taught us ( Marx, 1974) according to Marxists, the relation between capital and labor as at the heart of this relation. Thanks also to the contributors who read the book and put their thoughts and their critiques in writing. Having the opportunity to engage scholars from philosophy, law, sociology and business/accounting is a wonderful reward for such an undertaking. My hope was to write a book about capital that would open fresh perspectives and also engage readers from different disciplinary backgrounds. I would like to thank the editors of Convivium for putting together this special issue and for inviting me to write a reply to the critiques in this issue. ![]() Theorizing Beyond “The Code of Capital”: A Reply, by Katharina Pistor. ![]()
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