By David Harvey
The unconventional geographer publications us throughout the vintage textual content of political economy.
“My target is to get you to learn a publication by means of Karl Marx known as Capital, quantity 1, and to learn it on Marx’s personal terms…”
The greatest monetary challenge because the nice melancholy has generated a surge of curiosity in Marx’s paintings within the attempt to appreciate the origins of our present quandary. for almost 40 years, David Harvey has written and lectured on Capital, turning into one of many world’s so much most well known Marx students.
Based on his contemporary lectures, this present quantity goals to convey this intensity of studying to a broader viewers, guiding first-time readers via a desirable and deeply profitable textual content. A significant other to Marx’s Capital bargains clean, unique and occasionally serious interpretations of a ebook that modified the process heritage and, as Harvey intimates, may well accomplish that back.
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Additional info for A Companion To Marx's Capital
E. by a relation between two commodities such that the one commodity, whose own value is supposed to be expressed, counts directly only as a use-value, whereas the other commodity, in which that value is to be expressed, counts directly only as exchange-value. (153) This oppositionbetween the expression ofvalue and the worldofcommodities, an opposition that results in an "antinomy" between commodities and money, has to be interpreted as an externalization of something that is internalized within the commodity itself Once externalized, the opposition becomes explicit.
The dematerialization of the whole financial system in the early 1970S and the system of floating exchange rates, free from any gold standard, that then came into being had the effect of disempowering the gold producers (even if this was not the primary reason it occurred). These are the sorts of contradictions that Marx's analysis leads us to contemplate, and we later see-particularly in Volume III but also in chapter 3 of this volume-how these peculiarities and contradictions start to play out in the creation of possibilities for financial crises.
Moll behaves like the quintessential commodity for sale. She is constantly speculating on the desires of others, and others are constantly speculating on her desires (the great moment 44 A COMPANION TO MARX'S CAPITAL occurs when, effectively broke, she spends every last penny on hiring a grand outfit including coach and horses and appropriate jewelry to go to a ball where she enamors a young nobleman and elopes with him that night, only to find out the next morning that he is broke too, at which point they both see the humor of it all and amicably part ways).
A Companion To Marx's Capital by David Harvey