Abstract

ABSTRACTThis contribution seeks to develop some reflections on Marx as an analyst of the economy. I argue for a discursive Marxism that makes the integration of Foucauldian ideas into a Marxian framework possible. Three distinctive but interrelated questions will be addressed. First, what is specific about a Marxian understanding of the economy, especially compared to certain tendencies in economic sociology and political economy? Second, how is a Marxian understanding of the economy reflected by current Marxist studies and how have these studies contributed to a discursive-cultural turn in Marxist and neo-Marxist analysis of the economy? Third, while the discursive-cultural turn became increasingly important, what is the contribution of discourse studies of the economy to a Marxian framework? The paper concludes with the idea of a Discursive Political Economy approach in order to grasp the cultural and institutional complexity of power. To put discursive processes into a Marxian framework, a combined analysis of discursive-imaginary as well as institutionalized-sedimented power positions is required.