Capital Part 3 │Section 3. The Form of Value or Exchange Value

Jack and Dan are at it again folks, labouring under the misapprehension that greater wisdom is attainable to their mediocre minds. The lads again embark on their quest to fathom the wisdom of the oracle, reading once more from Karl Marx’s master work; Capital. Will they again find the weight of the truths contained therein overwhelming or rise to meet its challenge. Here’s hoping we can chalk one up for our heroes this week otherwise its just gonna get embarrassing. Its all about exchange value this time. How will Marx transition us from the act of simple commodity exchange to the totemic system of global trade governed over by the all powerful money form! One would imagine it shan’t be too laborious a process. Reading: Capital Vol.1, Part 1. Commodities and Money, Chapter 1. Commodities, Section 3. The Form of Value or Exchange Value