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Class 02 - Vol 2, Chapters 1-3

Reading Marx's Capital Volume 2 (audio)

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Exploring the Dynamics of Production and Capital in the Market

This chapter analyzes the intricate relationship between production, labor, and surplus value, emphasizing the challenges that arise from disruptions in the production process. It delves into the transformation of money into productive capital, the interdependence of capitalists and the working class in surplus value production, and the role of commodity capital in Marx's analysis. The discussion also covers the complex relationship between value flows, physical flows, consumption, and the absorption of surplus value within commodities.

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