I am very surprised that Marx never called it the Labor Theory of Value 

Are there things sold on the market today that are technically not commodities? Things with no utility (use value?) like a "pet rock" but was still sold for exchange. Is "social" use-value different from use-value?

This is a fine intro to capital. However, the host made a mistake by defining Value as socially necessary labor-time (SNLT). SNLT is the magnitude or measure of value. To properly define value you would say that it is abstract labour measured in SNLT

Abstract labor is the substance of value and means homogeneous, human labour in the abstract. Take away the concrete form of labor and we are left with undifferentiated human labour which forms the substance of Value

Marx  never states that abstract labour is created because capitalist  machines deskill workers. Abstract labor forms the value substance of commodities in any commodity producing society. Note his reference to Aristotle's discovery of the value-form

I don't understand shit. it's waaaaaay too abstract for my tiny brain to grasp.

Our second episode covers the first chapter on “commodities,” where Marx begins laying the conceptual building blocks for his investigation. We cover use-value, exchange-value, and value, the two-fold character of labor and its correspondence with different forms of value, and the fetishism of commodities. Throughout, we emphasize the social relations embedded in commodities (relations that, in turn, commodity exchange helps proliferate), as well as how the reality of these relations differ markedly from bourgeois notions of independence, autonomy, and individual choice. In the last part of the episode, we spend time on the first brief sketch of communism Marx gives at the end of the chapter.

Contact us with questions or feedback at ReadingCapital@LiberationSchool.org

#2: VALUE (Ch. 1)

Focusing on chapter 10, our sixth episode locates class struggle as the motor of capitalism and as that which determines the rate of exploitation and the value of labor power. By examining how the “normal working day” is established--in theory and in historical practice--Marx emphasizes how the command over time is central to the class struggle. We spend some time on his theorization of the state in this chapter, which takes on the dual function of managing inter- and intra-class conflict, which introduces the contradiction between individual and collective capitalists and the role of reform in the class struggle. We also broach the fundamental role that slavery and colonialism played in the development of capitalism, and how the latter transformed the former.

Contact us with questions or feedback at ReadingCapital@LiberationSchool.org

#6: CLASS STRUGGLE (Ch. 10)

SEIZURES - Stars Collide

K G G - The Lost World (complete)

Sanjana Neurologick Rising... 9/18/2022 @ Centres Ov PSIstilence ;)

full album

SanjajnaG and Her Chronomantic InPHInity ArkestrA ↯☁↯☁↯ - Druid Scales / Dust Rider / Wheel

noxpox - mind shredder

Fevered Fan

We discuss the work of S-Tier action filmmaker Isaac Florentine, focusing on UNDISPUTED II, U.S SEALS II and NINJA: SHADOW OF A TEAR.

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#331 - No One Directs Action Like Isaac Florentine

Neoliberalism is often misunderstood, but it is very important to understand this ideology that has dominated global economics and politics for decades. Ben Norton discusses the history of the neoliberal "Washington consensus", and how it was imposed on the world.

VIDEO: https://youtube.com/watch?v=oUwLB4xUk0s

How China became the world's industrial superpower - and why the US is desperate to stop it: https://youtube.com/watch?v=BT7Th2aV0wM

What is neoliberalism? How the 'Washington consensus' was imposed on the world

Entry Level Boogie

I recorded a track, then played it through a Bluetooth receiver at the limit of its transmission range. I also recorded the EMF around the receiver, while playing the same track at distance. 

The three tracks were merged, using vocoders, and AudioThing's Motor to help add some musicality to the broken Bluetooth track.
--
More on this 623rd weekly Disquiet Junto project, Kinda Bluetooth (The Assignment: Experiment with the sonic qualities of a failing signal), at: https://disquiet.com/0623/

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An interactive, chapter-by-chapter class on Karl Marx's 'Capital' Volume 1 for all skill levels, taught in 12 episodes by socialist educators.

#2: VALUE (Ch. 1)

Reading Capital With Comrades

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