By David Harvey
The novel geographer courses us throughout the vintage textual content of political economy.
“My target is to get you to learn a e-book through Karl Marx known as Capital, quantity 1, and to learn it on Marx’s personal terms…”
The greatest monetary trouble because the nice melancholy has generated a surge of curiosity in Marx’s paintings within the attempt to appreciate the origins of our present situation. for almost 40 years, David Harvey has written and lectured on Capital, turning into one of many world’s so much most efficient Marx students.
Based on his contemporary lectures, this present quantity goals to deliver this intensity of studying to a broader viewers, guiding first-time readers via a desirable and deeply profitable textual content. A better half to Marx’s Capital bargains clean, unique and infrequently serious interpretations of a booklet that modified the process heritage and, as Harvey intimates, may well accomplish that back.
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Extra resources for A Companion To Marx's Capital
This is not Hegelian logic in the strict sense, because there is no final moment of synthesis, only a temporary moment of unity within which yet another contradiction-a duality-is internalized and then requires a further expansion of the argument if it is to be understood. This is how Marx's process of representation unfolds in Capital-and indeed, it is an unfolding and not a logical derivation. It produces a skeletal structure of argumentation around which all manner of conceptual matter can be arranged so that, as we proceed, there emerges a broader and broader understanding of the internal relations that keep capitalism in a perpetual state of contradictory unity and, therefore, in perpetual motion.
This mismatch, as it were, between values and their representation turns out to have advantages even as it is deeply problematic, as we will see. 36 A COMPANION TO MARX'S CAPITAL This brings us to an important passage on Aristotle. "There can be no exchange;' says Aristotle, "without equality, and no equality without commensurability:'l The relationship between the relative and equivalent forms ofvalue presupposes an equality between those doing the exchanges. This attribute of equality within the market system is terribly important; Marx understands it as being fundamental to how capitalism theoretically works.
A particular labor process embodies useful concrete labor and abstract labor or value (socially necessary labor-time) in a commodity that will be the bearer of exchange value in the market place. The answer to the problem of how skilled or «complex" labor can be reduced to simple labor partially lies, it turns out, in the next section, where Marx follows the commodity into the marketplace and takes up the relation between value and exchange-value. So let us move on to section 3. Section 3: The Value Form, or Exchange-Value This section incorporates, in my view, a lot of boring material that can all too easily mask the significance of the argument being made.
A Companion To Marx's Capital by David Harvey