
Class 03 - Vol 2, Chapters 4-6
Reading Marx's Capital Volume 2 (audio)
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Exploring the Interplay of Capital, Slavery, and Surplus Value
This chapter delves into the complex relationship between capital circulation, slavery in the American South, and Lancashire industrial interests during the 19th century. It raises questions about how these factors influenced the Civil War and discusses economic forms like natural economy, money economy, and credit economy. The text delves into surplus value, the absorption problem, and the role of money in capitalism, challenging common misconceptions about the essence of capital.
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