By Stephen Shapiro
Capital quantity I is key examining on many undergraduate classes, however the constitution and elegance of the publication may be complicated for college students, prime them to desert the textual content. This ebook is a transparent consultant to studying Marx’s vintage textual content, and is the reason the reasoning in the back of the book’s constitution and offers aid with the extra technical facets that non-economists might locate taxing.
Students are prompt to imagine for themselves and have interaction with Marx’s strong equipment of argument and rationalization. Shapiro indicates that Capital is essential to realizing serious thought and cultural production.
This hugely concentrated ebook will end up necessary to scholars of politics, cultural stories and literary theory.
“A good and relaxing creation ... transparent and concise; readers new to Marx or missing a historical past in economics will simply comprehend [Shapiro’s] descriptions of [Marx’s] key concepts.” —Ryan Singh Paul, Marxism and Philosophy assessment of Books
Read or Download How to Read Marx’s Capital (How to Read Theory) PDF
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Extra resources for How to Read Marx’s Capital (How to Read Theory)
Sample text
Marx turns to explore the nature of this value-form in the next section. Before moving on, we should recognize that Marx has silently, but significantly, begun to make a distinction that he continues to make from this point on throughout the volume. Having said that use-values cannot be quantified, since they are by definition qualitative factors, Marx Commodities and Money Shapiro 01 chap 01 21 21 15/1/08 11:06:30 increasingly drops use-values out of the discussion. From here on, when he uses the word ‘value’, he really means exchange-value and when he wants to refer to use-value, he often instead writes ‘material wealth’ (136) to highlight the material aspect of use, rather than the abstract feature of exchange.
This form of society did not have independent individuals like Crusoe, since everyone was caught up in relations of collective subordination and domination, serfs to lords, laity to the Church. Unlike the modern market, which makes producers and consumers anonymous to each other, early modern hierarchies were known and visible to all. Since ‘relations of personal dependence form the social foundation’ in feudalism, as the serf annually owes labour directly to the manor’s lord, there is ‘no need for labour and its products to assume a fantastic form different from their reality’.
As exchange-value becomes separated from use-value, it seems as if objects have needs of their own, which they satisfy by themselves in ways that divorce the representation of value from the ‘social process’ that created it. Commodities and Money Shapiro 01 chap 01 39 39 15/1/08 11:06:32 Because the writers of ‘political economy’, the bourgeois defenders of the market, have ‘incompletely’ analysed labour as the source of value and labour-time as its measure, Marx argues that they have never asked about the historical origins of the current system, taking it to be an unquestioned advance over the past in the same way, Marx says, in which the Christian church sees pre-Christian religions as worthless.