Tag Archives: value

Episode 26: Dialogue with Patrick Murray on the Value-Form Paradigm, Part 2

This is reposted from the podcast home page. Brendan and Andrew continue their dialogue with Patrick Murray, the noted value-form theorist. (The value-form paradigm is a Marx-inspired strand of political economy that focuses on the market.) Patrick responds to Andrew’s … Continue reading

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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

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Episode 18: The Value-Form Paradigm vs. Marx’s “Capital,” Part 2

MHI · The Value-Form Paradigm vs. Marx’s “Capital,” Part 2 — Ep. 18 Episode 18: The Value-Form Paradigm vs. Marx’s “Capital,” Part 2 MHI · The Value-Form Paradigm vs. Marx’s “Capital,” Part 2 — Ep. 18 The second half of … Continue reading

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Episode 17: The Value-Form Paradigm vs. Marx’s “Capital,” Part 1

  Some years ago, Andrew participated in a published symposium on the “value-form paradigm”—a Marx-inspired and market-focused strand of political economy. Andrew and others criticized the value-form paradigm, and the noted value-form theorist Patrick Murrayresponded to them. In this episode … 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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Intrinsic Value

(What follows is a draft. Citations and footnotes are incomplete.) Intrinsic Value [cite Kliman’s paper on Intrinsic Value as helping me to understand the importance of the concept.] Throughout the opening chapter of Capital Marx jousts with many intellectual opponents, … Continue reading

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Surplus Value (draft)

Another draft chapter for my book. All comments welcome. The most interesting part, I think, is the last section. Surplus Value Marx begins Capital with an analysis of the commodity form. He immediately tells us why: because the commodity is … Continue reading

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Critique of Political Economy: C. Theories of the Medium of Circulation and Money – notes

C. Theories of the Medium of Circulation and MoneyAt the end of Chapter 1: Commodities we had “A:Notes on the History of the Theory of Value”. At the end of Chapter 2 part 1: The Measure of Value we had … Continue reading

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Critique of Political Economy Chapter 2 part 3 and 4- notes

3. Money In a text that is so obviously all about money it may seem funny to have the above section title here in the middle of the book. But up until now we have been considering money as a … Continue reading

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