"Capital, V1, Ch 1: The Commodity" (1867) by Karl Marx. Audiobook + Discussion of Marxist Economics
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- čas přidán 19. 09. 2021
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Original: www.marxists.org/archive/marx...
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I'm coming off a pretty bad sinus infection and have been out of it, so hopefully I made sense here.
Take care of your health
@@georgekostaras get well soon
still trying to deduce how many coats we must sacrifice to get one Lenin back…
And here i am trying to determine the socially necessary labor time to produce a Lenin
Understandig Marx Capital is a journey, long one at that. This video deepened my understanding. Thank you S44!
Thanks for reading the first chapter of "Capital". Yes indeed it is a struggle to understand What Marx was trying to say but it can be done. I notice that many people don't understand the term use value, Equivalents of commodities in exchange, labor power, or how labor is crystalized in every product. However, I am not claiming I understand all of it. I claim that I understand some of it but not the entirety.
When someone replies to me on another channel about price they always hold the belief that labor had nothing to do with it. It is easier to pull teeth than to change their beliefs. They just don't see labor as a commodity nor as a special sort of commodity that adds value in the creation of a product. Why else would they hold down wages? I am not going to get ahead of myself because there is a lot more to learn.
Anyways, I am glad you got over that sinus infection. You were very understandable with reading the text. Stay healthy.
Nothing like going over this once more to understand what Marx is saying. Probable will do so again at a later time. No doubt Marx understood capitalism.
I am currently trying to read capital and it’s a genuine challenge. I think it’s partially also some stuff is lost in translation. One of the things the prefaces make very clear was that Marx was very well read and they presented it as a work of literary art. As such I can imagine he used to entirety of the German language to get these ideas across. The funny thing is that honestly what he is talking about is very simple. But I find it so verbose that it takes me rereading the same paragraph like 5 times to understand what he meant.
Every time you say Linen, I think of Lenin.
Thank you for all the clarifications you make throught the book. They are very helpful for understanding what Marx is talking about!
You're welcome. I'm glad it's helpful.
Thank you for the video
Really looking forward to you finishing the read for us, love the audiobooks!
Have a few more to get to first
@@SocialismForAll definitely a big read, so I don’t blame you. Keep up the amazing work
Good video. Commenting for the algorithm.
I’ve vastly missed this content
I hope you guys are doing well
Wish you good health
Came back here after the recent episode. Keep up the great work.
Audio confirmed
Great video. This is a great reading. Keep it up my brother!
20 yards of linen = 1 coat
Thank you comrade
Good return to form. I love the audio book stuff. It's nice to listen while I just sit on the deck or walk in the woods. That nine eleven crap was weird. Not gonna argue about it in anyway.
How was "that nine eleven crap" weird to you? Do you not think it important to understand how the USA lies its population into wars? It had dramatic consequences for the world.
You don't happen to have chapter 7 of Capital recorded as an audio book with commentary? I've been reading Capital for the past few months. I've arrived at chapter 7 labour and valorization processes. I feel like I haven't grasped it well enough in order to continue reading on. I thought maybe listening with commentary would help.
Not yet. After I get through Fascism & Social Revolution, I'll start on Anti-Duhring 2, then Capital vol 1
@SocialismForAll Sounds good ! For now, then I'll have to conquer both my laziness and impatience and re-read chapter 7. Thanks S4A. Please continue your channel forever ! It helps all of us !
I will prob just listen to this a second time right away haha
I work at a panda express currently. It hasn't even been a year. I had just recently learned the chow mien station. Two weeks ago we got an automatic wok that stirs and cooks the rice and chow mien. There is no longer a need for the same amount of labor to produce the same product. This is not my main station, but my question is, should the new employees on that station get paid less starting for not performing the previous standard amount of labor? Or should the current employees get paid more for having both sets of skill while now performing less labor?
I don't know who I expect to see this but can I get reccs for these other books that break down capitalism concisely? I want to understand the economics to be able to help explain to other people and I'm working on reading and understanding Capital Vol 1 now but honestly, it's a huge task for me and anything else that could help demystify the economics (especially more modern forms of capitalism) for me would be huge.
Go to the Home tab on the channel here & scroll down to the recommended reading/syllabi playlists for some standout texts. Happy to answer additional questions from there.
There's no audio
EDIT: there is
I understand that exchange value is determined by socially necessary labor time, but marx distinguishes "simple" from "complex" labor, giving the example that one hour of the average tailor's labor may produce twice as much value as one hour of the average farm worker's labor. By what is the relation between the value of one profession's labor and another's determined?
My initial thought is that the cost to maintain the worker which produces more value is higher than the cost to maintain the worker which produces less value, since one is more easily replaced due to different social factors. But isn't the labor performed inherently separated from the wage? Because wages, that is the cost of reproducing labor power, may stay the same while the value that labor produces varies, surely the cost of reproduction of different professions can't be the sole determinant of the relationship of complex labor to simpler labor. What is it then?
Mrx
Are you gonna keep doing kapital?
Yes, it's on the Basic ML Study Guide playlist (see Home or Playlists tabs), coming up in a few. I will take it chapter by chapter when we do it.
@@SocialismForAll I see capital read by someone else on the study guide but not this version, sorry i’m on the yt app so the playlist are formatted shit. Could you link it?
@@MidwestBen101 What?