Tag Archives: fetishism

Diet-Soap interview re Fetishism, Das Kapital, Abstraction, etc….

Doug Lain’s fantastic Diet Soap podcast features an interview with yours truly this week: http://dietsoap.podomatic.com/entry/2012-04-17T12_49_35-07_00 We discuss all sorts of things from Fetishism to real abstraction to reading Kapital.                   I also … Continue reading

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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

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The Law of Value 2: The Fetishism of Commodities

part 2 in the Law of Value series. There are a lot of people that are really powerful in the world: Presidents, CEO’s, bankers, leaders of movements… But there is an object, a thing, that is more powerful than any … Continue reading

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Das Kapital vol.3 Part 1 Chapter 2: The Rate of Profit

The summary which begins Chapter Two serves not only to remind us of some important details about the way in which value is produced but also ties together several details that will be essential for understanding our analysis of the law of value in the context of competing capitals. We are reminded first that surplus value is created in production but only realized in circulation. This is a crucial point as it really helps delineate the essential contours of Marx’s argument. The world of appearance is dominated by fetishism. We think that the coercive and tantalizing power of the market, that value, is manifest in commodities themselves as a result of their specific properties. We think that capital itself creates value. And we think that the process of exchange itself can create a profit. Continue reading

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