Explain the bookclub: We are reading Volumes 1, 2, and 3 in one year and discussing it in weekly threads. (Volume IV, often published under the title Theories of Surplus Value, will not be included in this particular reading club, but comrades are encouraged to do other solo and collaborative reading.) This bookclub will repeat yearly. The three volumes in a year works out to about 6½ pages a day for a year, 46⅔ pages a week.
I'll post the readings at the start of each week and @mention anybody interested. Let me know if you want to be added or removed.
Just joining us? You can use the archives below to help you reading up to where the group is. There is another reading group on a different schedule at https://lemmygrad.ml/c/genzhou (federated at !genzhou@lemmygrad.ml ) which may fit your schedule better. The idea is for the bookclub to repeat annually, so there's always next year.
Archives: Week 1 – Week 2 – Week 3 – Week 4 – Week 5 – Week 6 – Week 7 – Week 8 – Week 9 – Week 10 – Week 11 – Week 12 – Week 13 – Week 14 – Week 15 – Week 16 – Week 17 – Week 18 – Week 19 – Week 20 – Week 21
Week 22, May 27-June 2. From Volume 2, we are reading the 2nd part ('Components, Replacement, Repair and Accumulation of the Fixed Capital) of Chapter 8, plus Chapter 9, plus Chapter 10
https://www.marxists.org/archive/marx/works/1885-c2/index.htm
Discuss the week's reading in the comments.
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The Adam Smith lovefest is fucking OVER, here's all the ways in which he was WRONG AS HELL
Definately a slog. It's moderately interesting to see Marx engage with the concepts of fixed and circulating capital on their own terms, and just kind of eviscerating Smith (and then Ricardo in chapter 11). Obviously these guys loomed much larger on the stage of economic theory in the mid and late 19th century... but present day mainstream economics has moved pretty far beyond them, and so these epic takedowns are not that relevant or interesting.
Not just you, I'm here but I'm not coming up with a ton to contribute. I feel like if I was a contemporary of Ricardo and the physiocrats or whatever I would be more interested in Karl dunking on them.
A horse cannot be replaced bit by bit, but only by another horse
thanks karl i'm learning so much