New Books in Critical Theory

A Deep Dive on Karl Marx's "Capital"

Oct 7, 2024
Paul Reitter, a professor at Ohio State University, and Paul North from Yale University dive deep into Marx's 'Capital.' They discuss the book's lasting influence and renewed relevance, especially post-2008 financial crisis. The duo emphasizes the challenges in translating Marx while exploring the duality of use value and exchange value. They also highlight Marx's empirical approach and the rich emotional context behind his critiques. The conversation delves into complexities like surplus value and commodity fetishism, revealing the nuances in interpreting Marx's ideas today.
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INSIGHT

Fluidity of 'Capital'

Marx's 'Capital' is a dynamic text that has evolved over time through various editions and translations. Each iteration reflects different interpretations that enrich the understanding of capitalism.

ANECDOTE

Inspiration for New Edition

Paul Reiter sought a new translation of 'Capital' after feeling that existing versions hindered students' understanding. He felt the need for a more accessible rendering for contemporary readers.

INSIGHT

Duality of Labor

Marx distinguishes between concrete labor and abstract labor, revealing capitalism's complex nature. This relationship is crucial to understanding how value is created and perceived.

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