This is a little longer than usual: 52 pages instead of the average 43, but I thought it better to have extra length now rather than at Christmas.
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 – Week 47 – Week 48 – Week 49
Week 50, Dec 9-15 – Chapter 47 and Chapter 48 of Volume III
Chapter 47 is called 'Genesis of Capitalist Ground-Rent'
Chapter 48 is called 'The Trinity Formula'
https://www.marxists.org/archive/marx/works/1894-c3/index.htm
Discuss the week's reading in the comments
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I mean compared to Volume 1, Volume 3 is not the literary masterpiece, and is less quantitative than volume 2. But what I am getting is an appreciation for Marx’s thought process where he has his theory and definitions and keeps applying and reapplying them to history and politics.
I was really wishing 49 was more complete, I feel like if Karl had the chance to finish it would be like, a go to chapter for concisely explaining the interplay of the parts of his theory.
Like, it almost looks like 49 is supposed to be the birds eye explanation of how it all comes together but then "the manuscript cuts off here" or "a page is missing" which is a bummer.
Like, it almost looks like 49 is supposed to be the birds eye explanation of how it all comes together but then "the manuscript cuts off here" or "a page is missing" which is a bummer.
What can I say?
A blunt knife or weak thread forcibly remind us of Mr. A., the cutler, or Mr. B., the spinner.
On the contrary, it is generally by their imperfections as products, that the means of production in any process assert themselves in their character of products.
Should labour-power be minute, and the natural conditions of labour scanty, then the surplus-labour is small, but in such a case so are the wants of the producers on the one hand and the relative number of exploiters of surplus-labour on the other, and finally so is the surplus-product.
Actually interesting point, i haven't thought about it that way, for like steppes and stuff
Compared with labour rent, the producer rather has more room for action to gain time for surplus-labour whose product shall belong to himself, as well as the product of his labour which satisfies his indispensable needs. Similarly, this form will give rise to greater differences in the economic position of the individual direct producers. At least the possibility for such a differentiation exists, and the possibility for the direct producer to have in turn acquired the means to exploit other labourers directly. This, however, does not concern us here
.. and with money rent cont...
During their genesis, when this new class appears but sporadically, the custom necessarily develops among the more prosperous peasants subject to rent payments of exploiting agricultural wage-labourers for their own account, much as in feudal times, when the more well-to-do peasant serfs themselves also held serfs. In this way, they gradually acquire the possibility of accumulating a certain amount of wealth and themselves becoming transformed into future capitalists.
Large-scale industry and large-scale mechanised agriculture work together. If originally distinguished by the fact that the former lays waste and destroys principally labour-power, hence the natural force of human beings, whereas the latter more directly exhausts the natural vitality of the soil, they join hands in the further course of development in that the industrial system in the countryside also enervates the labourers, and industry and commerce on their part supply agriculture with the means for exhausting the soil.
do be like that.
Can't understand the previous passages on land not being capital coupled with how it fucks small landowners though
gotta reread after 
timeChapter 48 was fun to read. It nice to see this all go back to the bigger picture and relating these things back again? Also it seems Marx really goes into dialectical materialism stuff on that chapter?
Also I liked this part
[...]The actual wealth of society, and the possibility of constantly expanding its reproduction process, therefore, do not depend upon the duration of surplus-labour, but upon its productivity and the more or less copious conditions of production under which it is performed. In fact, the realm of freedom actually begins only where labour which is determined by necessity and mundane considerations ceases; thus in the very nature of things it lies beyond the sphere of actual material production. Just as the savage must wrestle with Nature to satisfy his wants, to maintain and reproduce life, so must civilised man, and he must do so in all social formations and under all possible modes of production. With his development this realm of physical necessity expands as a result of his wants; but, at the same time, the forces of production which satisfy these wants also increase. Freedom in this field can only consist in socialised man, the associated producers, rationally regulating their interchange with Nature, bringing it under their common control, instead of being ruled by it as by the blind forces of Nature; and achieving this with the least expenditure of energy and under conditions most favourable to, and worthy of, their human nature. But it nonetheless still remains a realm of necessity. Beyond it begins that development of human energy which is an end in itself, the true realm of freedom, which, however, can blossom forth only with this realm of necessity as its basis. The shortening of the working-day is its basic prerequisite.
