Category Archives: Uncategorized

Discussing Volume 2 on Alpha to Omega

I recently appeared on Tom O’Brien’s excellent podcast ‘From Alpha to Omega’. We discussed Volume 2 of Capital and other matters. http://fromalpha2omega.podomatic.com/entry/2014-07-27T09_21_57-07_00 (Apparently WordPress has made embedding podomatic content more difficult so you must follow the link to get to … Continue reading

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Abstraction, Abstract Labor and Ilyenkov

What reading Ilyenkov helped me understand about Abstraction and Abstract Labor. All theory makes abstractions. Marx’s abstractions are different than how we often think of the term. His method, a dialectical materialist method, treats abstractions in a different way than … Continue reading

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Indirectly Social Labor

Indirectly Social Labor (This is a draft chapter. Comments appreciated.) This chapter considers Marx’s distinction between directly social and indirectly social labor. Indirectly social labor is a key concept used by Marx to characterize the distinctive nature of capitalism. Any … Continue reading

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On Labor as the Substance of Value

(This is a draft. All comments welcome. Citations and footnotes are incomplete.) Labor as Substance of Value Once Marx has established that value is a property intrinsic to commodities he immediately goes on to ask what this value is and … Continue reading

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Surplus Value (draft)

Another draft chapter for my book. All comments welcome. The most interesting part, I think, is the last section. Surplus Value Marx begins Capital with an analysis of the commodity form. He immediately tells us why: because the commodity is … Continue reading

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Critique of Political Economy: C. Theories of the Medium of Circulation and Money – notes

C. Theories of the Medium of Circulation and MoneyAt the end of Chapter 1: Commodities we had “A:Notes on the History of the Theory of Value”. At the end of Chapter 2 part 1: The Measure of Value we had … Continue reading

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Critique of Political Economy Chapter 2 part 3 and 4- notes

3. Money In a text that is so obviously all about money it may seem funny to have the above section title here in the middle of the book. But up until now we have been considering money as a … Continue reading

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