Tag Archives: value

Critique of Political Economy. Chapter 2 part 2- notes

2. Medium of Circulation Interesting that Marx has discussed all of these properties of money as measure of value, unit of account and so on, without getting into circulation. Thus, in Marx’s system, money arises out of the nature of … Continue reading

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The Critique of Political Economy- Chapter 2 part 1 notes

the second installment of my notes on the book: Chapter 2: Money or Simple Circulation. Marx tells us that the confusion about money will disappear once we look at the evolution of money. Does he mean the historical evolution or … Continue reading

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The Critique of Political Economy; chapter 1 notes

Summary of Critique of Political Economy Chapter 1 by Karl Marx (Chapter 2 to follow in a future post.) Written before Das Capital, the Critique of Political Economy covers much of the theoretical ground of the opening chapters of Capital … Continue reading

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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

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Value-Price- a draft script

This is a draft of the script for my next video “Value and Price”. Any feedback is helpful. The footnotes have yet to be numerically linked to the main text. Intro There is a lot of confusion over Marx’s theory … Continue reading

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Law of Value 9: Abstract Labor

UPDATE: I can no longer recommend the presentation on Abstract Labor in this video. My thoughts on Abstract Labor have evolved since making this video, as can be seen in more  recent posts on the subject. Therefore I do not … Continue reading

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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

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Value Can’t Be Created in Exchange

After Law of Value 9: Abstract Labor I will conclude the trio of videos dealing with Marx’s method (not that I’ve conclusively said all there is to say on the topic, but all that I have to say for this … Continue reading

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Are Corporations People? Is Romney?

Watching Democracy Now on Friday Jan 6th I saw another sad exchange on the topic of “corporate personhood”, the strange legalistic side-track that seems to have galvanized so much of the passions of Occupiers. Two days earlier Mark Provost of … Continue reading

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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

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