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Class 02 - Chapters 1-2

Reading Marx's Capital (audio)

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The Dual Nature of Labor and Value Determination

This chapter discusses how Marx analyzes the dual nature of labor as concrete and abstract, leading to the determination of value in commodities through the intertwining of these forms of labor. It explores the evolution of relative and equivalent forms of value, unveiling the representation of value in the money commodity and emphasizing the essential role of labor in creating use values.

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