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Class 12 - Chapters 26-33

Reading Marx's Capital (audio)

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Marx's Analysis of Violent Origins of Capitalism

The chapter analyzes Marx's critique of the violent origins of capitalism through the concept of original accumulation, contrasting it with the neoliberal ideal. It emphasizes the violent appropriation of preexisting modes of production and the dissolution of moral values within marginalized groups below a certain subsistence level. The discussion delves into Marx's attempt to reconcile his ideas with those of Adam Smith and Hegel, exploring the violent aspects of capital formation and the historical development of the labor power and ownership relationship.

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