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Category Archives: The Law of Value
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
Posted in The Law of Value, Uncategorized
Tagged demand, economics, marx, money, price, prices of production, profit, supply, theory, transformation problem, value
61 Comments
Value-Price- a draft script
This is a draft of the script for my next video “Value and Price”. Any feedback is helpful. The footnotes have yet to be numerically linked to the main text. Intro There is a lot of confusion over Marx’s theory … Continue reading
Posted in Econ 101-value profit exploitaiton, The Law of Value, Uncategorized
Tagged cost-price, marx, money, price, prices of production, profit, SNLT, transformation problem, value
3 Comments
Law of Value 9: Abstract Labor
UPDATE: I can no longer recommend the presentation on Abstract Labor in this video. My thoughts on Abstract Labor have evolved since making this video, as can be seen in more recent posts on the subject. Therefore I do not … Continue reading
Posted in Econ 101-value profit exploitaiton, The Law of Value, Uncategorized
Tagged abstract labor, abstraction, capitalism, communism, hegel, labor, market socialism, marx, social power, state, value
127 Comments
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
Posted in Econ 101-value profit exploitaiton, The Law of Value, Uncategorized
Tagged antiques, art, average, bohm-bawerk, commodity, critique, demand, economics, labor, market, marx, modal, money, monopoly, mud pie, price, rate of profit, SNLT, supply, utility, value
42 Comments
Law of Value 9: Abstract Labor, draft (parts A and B)
This is draft of my script for Abstract Labor, the 9th video in my Law of Value series. I always appreciate the comments, suggestions and criticism on these drafts. They really help me focus the scripts. This video has a … Continue reading
Posted in The Law of Value
Tagged abstract labor, abstraction, capitalism, economics, Exploitation, hegel, law of value, market, marx, method, value
10 Comments
further draft of subject-object
Perhaps it borders on narcissism to think that the world is interested in following the successive redrafting of the scripts to my videos. But I suppose there are worse things to clutter the internet with. I do always find feedback … Continue reading
Posted in The Law of Value
Tagged abstraction, capitalism, crisis, demand, economics, fetishism, labor theory of value, marginalism, marx, materialism, object, price, socialism, subject, subjectivism, value
9 Comments
Law of Value 8: Subject/Object -draft
This is a draft of my script for the 8th video in my Law of Value series (see link to the right). All comments and criticisms are extremely welcome… that’s why I post these scripts before going into production. Subject/Object … Continue reading
Posted in The Law of Value
Tagged bohm-bawerk, economics, hilferding, labor theory of value, marx, mises, objective value, subjective theory of value
15 Comments
Bukharin on the Subjective/Objective Value debate
Thoughts on Bukharin’s “Economic Theory of the Leisure Class”, opening chapters… My preparations for “Law of Value 8: subject/object” which is to attempt to make sense of the debate over whether value is subjective or objective have led me to … Continue reading
Posted in The Law of Value
Tagged abstraction, austrain, bohm-bawerk, bukharin, circularity, crisis, dialectic, economics, infinite regression, labor, labor thoery of value, ltv, marginal utility, marx, objective, subjective, value
16 Comments
Subject/Object- thoughts
subject/object- preliminary thoughts. While I often post early drafts of scripts on the blog it is not often that I actually post something of this sort- a pre-draft exploration of a topic. I am doing so because I find the … Continue reading
Posted in The Law of Value
Tagged capital, dialectic, economics, inversion, labor theory of value, marx, object, objective, subject, subjective, value
15 Comments
Kapitalism101 