-
Recent Posts
- Dude, Where Are Your Videos?
- Radio Free Humanity, Episode 32: Making Marx Make Sense: The Early Years
- Episode 31: Marx’s Crisis Theory: New Spanish Defense
- Episode 28: Lebanon’s Protest Movement Since the Beirut Explosion-Radio Free Humanity
- Episode 27: Reading “American Civilization on Trial” in Costa Rica. Radio-Free Humanity
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
MrEverpresent on The Law of Value 2: The Fetish… Westicle on Dialogue with Patrick Murray o… kapitalism101 on A Post-Capitalist Future-Not B… Westicle on A Post-Capitalist Future-Not B… kapitalism101 on A Post-Capitalist Future-Not B… -
Join 771 other subscribers
Blogroll
Marxists to watch out for
Tag Archives: demand
Dialogue with Patrick Murray on the Value-Form Paradigm, Part 1. Radio-Free Humanity Ep. 25
MHI · Dialogue with Patrick Murray on the Value-Form Paradigm, Part 1 — Ep. 25 Brendan and Andrew welcome Patrick Murray, the noted value-form theorist, onto the podcast. (The value-form paradigm is a Marx-inspired strand of political economy that … Continue reading
Posted in podcast, Radio Free Humanity- The Marxist-Humanist Podcast, Uncategorized
Tagged cooney, demand, exchange, kliman, market, marx, money, Patrick murray, value, value-form
1 Comment
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 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
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
Value, Crisis and Marx’s Order of Operations- final draft
An economic crisis manifests itself in many different forms simultaneously: stock market crashes, housing market crashes, over capacity, unemployment, etc. For every aspect of the crisis there is some theorist who mistakes this surface appearance for the inner mechanism of crisis. But a proper analysis of crisis needs to have some reason for selecting some phenomena as causes and others as effects. There must be a proper ordering of the relations between different economic factors in order for our analysis to avoid being arbitrary and piecemeal. Marx gives us a very clear, though complex, ordering of these relations. This paper will attempt to critique credit-centered and underconsumptionist theories of crisis from the perspective of Marx’s “order of operations”. It will close with some brief remarks about the Falling Rate of Profit. Continue reading
Posted in Econ 303- Crisis
Tagged credit, crisis, demand, exchange-value, falling rate of profit, finance, marx, money, prices, profit, stocks, underconsumption, use value, value
9 Comments