Tag Archives: economics

Intrinsic Value

(What follows is a draft. Citations and footnotes are incomplete.) Intrinsic Value [cite Kliman's paper on Intrinsic Value as helping me to understand the importance of the concept.] Throughout the opening chapter of Capital Marx jousts with many intellectual opponents, … 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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Alan Freeman: Investing in Civilization

  This is a lecture that Marxist economist Alana Freeman gave in China in 2012 on the topic of the Creative Industries. (It’s a practice talk Alan gave in his hotel the day before his actual presentation.) While the talk … Continue reading

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Critique of Political Economy. Chapter 2 part 2- notes

2. Medium of Circulation Interesting that Marx has discussed all of these properties of money as measure of value, unit of account and so on, without getting into circulation. Thus, in Marx’s system, money arises out of the nature of … Continue reading

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Law of Value 10: Price and Value

[This is video 10 in my ongoing Law of Value series. It's a controversial topic... so, let's see what folks think of my attempt...] Here’s a yo-yo. Let’s say it took an hour to make, parts and everything. And here’s … Continue reading

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Value and Price Q&A

I have been looking forward to finally putting together a script for a video on Value and Price. As a preparation for that task I’ve written the following: an attempted summary of my understanding the topic. The text is peppered … Continue reading

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Supply and Demand- script for a video that may never be made

[I have been considering revising some of my proposed plans for the Law of Value series. Below is a script I wrote a while ago for Law of Value 11: Supply and Demand. I am considering skipping this video and … Continue reading

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The Failure of Capitalist Production- Interview With Andrew Kliman

  In late January of 2012 I interviewed Andrew Kliman about his new book on the economic crisis, “The Failure of Capitalist Production.” I am still working on getting a good method of recording Skype interviews so the audio is … Continue reading

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Are Corporations People? Is Romney?

Watching Democracy Now on Friday Jan 6th I saw another sad exchange on the topic of “corporate personhood”, the strange legalistic side-track that seems to have galvanized so much of the passions of Occupiers. Two days earlier Mark Provost of … Continue reading

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