We are reading Volumes 1, 2, and 3 in one year. This will repeat yearly until communism is achieved. (Volume IV, often published under the title Theories of Surplus Value, will not be included, but comrades are welcome to set up other bookclubs.) This works out to about 6½ pages a day for a year, 46 pages a week.

I’ll post the readings at the start of each week and @mention anybody interested.

Week 1, Jan 1-7, we are reading Volume 1, Chapter 1 ‘The Commodity’

Discuss the week’s reading in the comments.

Use any translation/edition you like. Marxists.org has the Moore and Aveling translation in various file formats including epub and PDF: https://www.marxists.org/archive/marx/works/1867-c1/

Ben Fowkes translation, PDF: http://libgen.is/book/index.php?md5=9C4A100BD61BB2DB9BE26773E4DBC5D

AernaLingus says: I noticed that the linked copy of the Fowkes translation doesn’t have bookmarks, so I took the liberty of adding them myself. You can either download my version with the bookmarks added, or if you’re a bit paranoid (can’t blame ya) and don’t mind some light command line work you can use the same simple script that I did with my formatted plaintext bookmarks to take the PDF from libgen and add the bookmarks yourself.


Resources

(These are not expected reading, these are here to help you if you so choose)


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Omg that link is so incredibly econ brained. It’s like bourg academic economists have to write garbage like this to prove they haven’t read Marx.

Marx’s formulation of LTV is explicitly that what is contained in value isn’t labor, it is labor power. It isn’t just work, it is working for the capitalist. Power is energy exerted over time, allowing us to determine the actual material composition of value which eludes the bourgeois economist and their idealistic and transparently useless equilibrium pricing. Marx teaches while bourg economics obfuscates. He is explicit and repetitive, which makes us truly consider the “stuff” of value. This is why liberals can’t tell the difference between mercantilism and capitalism. Value is our time and energy, our limited renewable life taken out of us, much of which is unpaid, and converted into commodities which converts to profits for the capitalist. Private property has never been anything but a grift, a way to trick the masses into voluntarily surrendering our material bodies for a dream sold to us by parasites.

Capitalism is class oppression, if it wasn’t it wouldn’t create value, it would just shift it around like medieval mercantilism. Honestly I think this is where a lot of progressive liberal “Marxists” end up in an overly economistic interpretation, especially class reductionist tendencies. Misreadings of Marx lead to bourgeois economic obfuscation; a close reading of Capital gives us the basic formulations for dispensing with bourgeois economics for good.

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