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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
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Category Archives: the critique of political economy- notes
Abstract Labor- Critique of Political Economy
Critique of Political Economy , Chapter One [I am using some obscure edition from 1904 by International Library Publishing Co. NI Stone translation. So I’m sure the page numbers will be of no use to anyone. Sorry. However a few … Continue reading
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
Posted in the critique of political economy- notes, Uncategorized
Tagged circulation, commodity, economics, hume, marx, measure of value, money, price, quantity theory, ricardo, value
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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
The Critique of Political Economy- Chapter 2 part 1 notes
the second installment of my notes on the book: Chapter 2: Money or Simple Circulation. Marx tells us that the confusion about money will disappear once we look at the evolution of money. Does he mean the historical evolution or … Continue reading
Posted in the critique of political economy- notes, Uncategorized
Tagged coin, currency, debase, gray, labor money, marx, money, value
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The Critique of Political Economy; chapter 1 notes
Summary of Critique of Political Economy Chapter 1 by Karl Marx (Chapter 2 to follow in a future post.) Written before Das Capital, the Critique of Political Economy covers much of the theoretical ground of the opening chapters of Capital … Continue reading