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.

This week's reading is shorter than most.

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 1Week 2Week 3Week 4Week 5Week 6Week 7Week 8Week 9Week 10Week 11Week 12Week 13Week 14Week 15Week 16Week 17Week 18Week 19Week 20Week 21Week 22Week 23Week 24Week 25Week 26Week 27Week 28Week 29Week 30Week 31Week 32Week 33Week 34Week 35Week 36Week 37Week 38Week 39


Week 40, Sept 30-Oct 6 – Chapter 24 and Chapter 25 of Volume III

Chapter 24 is called 'Externalisation of the Relations of Capital in the Form of Interest-Bearing Capital'

Chapter 25 is called 'Credit and Fictitious Capital'


https://www.marxists.org/archive/marx/works/1894-c3/index.htm


Discuss the week's reading in the comments.

  • Doubledee [comrade/them]
    ·
    3 months ago

    I realized partway through editing my answer what I missed, I think I got it now though.

    He owes the capital back. He doesn't keep it, he is buying its use temporarily. He started without it and pays it back at the end, everything has depreciated in the normal process in the interim.