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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
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… -
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Tag Archives: market
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
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
Law of Value 7: Production and Exchange
This is part 7 of a series on the law of value. Part 1: Part 2: Part 3: Production- Exchange script We get into trouble anytime we try to understand something in isolation. The true meaning of things exist not … Continue reading
Posted in The Law of Value
Tagged bohm-bawerk, democracy, dialectic, economics, equality, exchange-value, freedom, ideology, individualism, karl marx, labor, market, marx, one-sided, particular, ricardo, scarcity, smith, universal, use value, utility, value, value theory, worker
10 Comments
Law of Value 4: Value
…And this is where any social theory must begin: with a study of the productive activity of people as they work to create the world they live in. Not only is this the best starting place for an analysis of society, it is also the best starting point for a radical social theory whose aim is to investigate the possibility of changing the world. If we realize that human society is not the result of some natural or divine eternal logic but merely the creation of our own labor then that means that we have the power to mold and shape that society as we see fit. In a capitalist society these creative powers take the form of an external world of value and capital that acts back upon society, shaping it against the will of its creators. Yet, in the end the world of capital is nothing but the product of our own creation. If we truly want to change the world it is not up to nature, God, fate or experts, but up to us. This is the radical challenge of the law of value. Continue reading
Posted in Econ 101-value profit exploitaiton, The Law of Value
Tagged bohm-bawerk, commodity, exchange, law of value, market, marx, price, production, use, value, work
53 Comments
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
Posted in The Law of Value
Tagged capital, capitalism, commodity, economics, fetishism, labor, market, marx, money, personification, reification, value
19 Comments
Law of Value- Introduction
This video series will cover various topics in Marx’s theory of value: The difference between use-value, exchange value and value, the relation of supply, demand and price to value, abstract labor, exploitation, crisis, socially necessary labor time, and even what an understanding of value can tell us about changing the world. It is hoped that they can contribute to a better appreciation of the importance of value theory to radical movements today as they seek ideas with which to articulate their demands and strategies. Continue reading
Posted in The Law of Value
Tagged capitalism, class, contradition, crisis, economics, exchange, Exploitation, labor theory of value, market, marx, socialism, value
30 Comments