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.
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 – Week 23 – Week 24 – Week 25 – Week 26 – Week 27 – Week 28 – Week 29 – Week 30 – Week 31 – Week 32 – Week 33 – Week 34 – Week 35 – Week 36 – Week 37 – Week 38 – Week 39 – Week 40 – Week 41 – Week 42 – Week 43 – Week 44 – Week 45
Week 46, Nov 11-17 – we are reading Chapter 37 and Chapter 38 of Volume III
Chapter 37 begins Part VI, which is titled 'Transformation of Surplus-Profit into Ground-Rent', and is called 'Introduction'
Chapter 38 is called 'Differential Rent: General Remarks'
https://www.marxists.org/archive/marx/works/1894-c3/index.htm
Discuss the week's reading in the comments.
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"To {cleanse and work the land fully}, however, considerable outlay is required, and the farmers are also aware, that however much they may improve the land or enhance its value, the landlords will, in the long run, reap the principal benefit, in higher rents and the increased value of their estates...."
As soon as circumstances force a temporary increase in the wage of agricultural labourers a cry goes up from the capitalist tenant farmers that raising wages to the normal level, as done in other branches of industry, would be impossible and would ruin them, unless ground-rent were reduced at the same time. Therein lies the confession that under the head of ground-rent there is a deduction of the labourers' wages which is handed over to the landlords.
The more I read about rent, the more I understand why Marx decided to get the help of Fred for this...
ShowYeah, and like uh use it to cut production costs and let nature do the job
Then again, waterfalls don't grow on trees