
Class 01 - Introduction
Reading Marx's Capital Volume 2 (audio)
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The Market Is Determined by Supply and Demand
When you get to the stuff on finance, capital and money, capital, the interest rate is determined by supply and demand, by nothing else. So we have the market, so we have supply an demand. The other thing about the market, it's one of the other big assumptions of volume, one of capital, whit's erupt every now and again,. And that something is called the coercive laws of competition. Now, this erupts at several points. For example, the struggle over the length of the working day marks at a certain point.
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