ABSTRACT
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.
