
Class 12 - Reprise
Reading Marx's Capital Volume 2 (audio)
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Analyzing Differences Between Marx's Capital Volume 1 and Volume 2
The chapter delves into the historical context provided in Marx's Capital Volume 1 compared to the lack of historical information in Volume 2, making it challenging to interpret concepts like surplus value and capital accumulation. It discusses the abstract nature of reproduction schemas and critiques the absence of historical details in Volume 2, emphasizing the need to fill in historical context for better understanding. The chapter also explores themes like credit systems, fixed capital formation, and state interventions in relation to capital accumulation and social reproduction.
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