Category Archives: Uncategorized

Abstract Labor- Capital chapter one

Capital Chapter 1 Compared with the Critique of Political Economy, Capital’s opening exposition is much clearer and more powerful, due in large part to the category of ‘intrinsic value’ which Marx introduces. Commodities have an intrinsic value which is expressed … Continue reading

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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

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Abstract Labor and reading Marx

In the next few posts I will post a close reading of some important works by Marx that explore his concept of ‘abstract labor’. In a past post from last summer I wrote about some revelations I had from reading … Continue reading

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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. (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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