Capital #2 – The Commodity, continued (ch. 1)

In this session we finish our discussion on the first chapter of Capital by Karl Marx. This time we discuss the evolution from the elemantary or accidental form of value to the money form and commodity fetishism. Here are companion books, podcasts, reading guides and stuff we mentioned in the episode: David Harvey's "Reading Marx's Capital" lectures and his companion book Ben Fine and Alfredo Saad-Filho's Marx's Capital David and Nathan's podcast Marx Madness and their first episode Robert Paul Wolff's lectures on Marx David Graeber's Debt: The First 5000 Years Rosa Luxemburg's The Accumulation of Capital - Chapter 04 Corrections: We meant the Palau people, when the Tonga were mentioned. There was a misquote from Harvey's companion about Adam Smith, so here is the right one: "In Smith's ideal world, the state would create the institutional framework for perfectly functioning markets and private property and then watch the wealth of the state and the welfare of the citizenry rapidly improve as individual initiative and entrepreneurialism coordinated through the hidden hand of the market would produce a result that was beneficial to all. In such a world, Smith thought, the intentions and motivations of individuals (varying from greed to social mission) did not matter, because the hidden hand of the market would do the work." The session was edited by Tadici. Intro/Outro music based on "Proles Pod Theme" by Ransom Notes READ MARX READ LENIN Listen to Proles of the Roundtable Solidarity forever