Part 2 of My interview on Diet Soap has now been posted.
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Recent Posts
The Law of Value- the series
1. Introduction
1.2 A quiz on Marx's theory of Value
1.3 Addendum on how to watch these videos
2. The Fetishism of Commodities.
3. Das MudPie (social labor)
4. Use-Value, Exchange-value and Value
5. Contradiction
6. Socially Necessary Labor Time
7. Production and Exchange
8. Subject/Object
9. Abstract Labor
10. Value and PriceRecent Comments
kapitalism101 on … ruzihm on … Karl marx on On Labor as the Substance of… Erik Olofsson on … ReadingCapital on … Econ101- commodities, value, exploitation
Econ 202- Capital, Credit, Money
Econ 303- Crisis Theory
Econ 404- Work, Domination and Consent
Econ 505- super advanced shit
Blogroll
- autodidact-guide to Marx Online
- Behind the News
- Bruce Wallace's blog
- Critique of Crisis Theory
- David Harvey-Reading Marx's Capital
- DietSoap podcast
- ebookcollective
- Economics of Imperialism
- kapitalism101 on youtube
- Marx and the Financial Crisis of 2008
- Marx Dialectical Studies
- Marxismo Critico
- Marxist Humanist Initiative
- Marxist Internet Archive
- Platypus Affiliated Society
- Post Capitalist Project
- Radical Perspectives on the Crisis
- Read Some Books (library genesis)
- Rough Theory
- Symptomatic Redness
- uncomfortablescience (n pepperell)
Marxists to watch out for
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Brendan, I must that you and Doug have done a good job of getting me to re-look at Marx without all the French theory I learned first in my head in doing so. Thank you. I am pimping–to use a horrible capitalist term–your videos and blog and Doug’s podcast lately.
Awesome. Great to hear!
I’m having a bit of trouble following through the notion that Harvey et al. do not believe that the rate of profit is falling. In his “Enigma of Capital” he mentions, for example, that “profits began to fall” after 1990 (pg. 29), and that this led to wage reduction and more investment in speculative markets. He has repeated similar notions elsewhere. It is true that later he pretty much says that the tendency of the rate of profit to fall as the main explanation of crisis is rendered “more than a little moot” by a series of factors (pg. 94), so my question is: what is the difference between a fall in the rate of profit as theorised by Marx and a fall of profits that forces capitalists to reduce wages and look for exotic and unstable profitable markets?