Capital #2 – The Commodity, continued (ch. 1)

In this session we finish our discussion on the first chapter of
Capital by Karl Marx. This time we discuss the evolution from the
elemantary or accidental form of value to the money form and
commodity fetishism. Here are companion books, podcasts, reading
guides and stuff we mentioned in the episode:  David Harvey's
"Reading Marx's Capital" lectures and his companion book Ben Fine
and Alfredo Saad-Filho's Marx's Capital David and Nathan's podcast
Marx Madness and their first episode Robert Paul Wolff's lectures
on Marx David Graeber's Debt: The First 5000 Years Rosa Luxemburg's
The Accumulation of Capital - Chapter 04 Corrections: We meant the
Palau people, when the Tonga were mentioned. There was a misquote
from Harvey's companion about Adam Smith, so here is the right one:
"In Smith's ideal world, the state would create the institutional
framework for perfectly functioning markets and private property
and then watch the wealth of the state and the welfare of the
citizenry rapidly improve as individual initiative and
entrepreneurialism coordinated through the hidden hand of the
market would produce a result that was beneficial to all. In such a
world, Smith thought, the intentions and motivations of individuals
(varying from greed to social mission) did not matter, because the
hidden hand of the market would do the work." The session was
edited by Tadici.  Intro/Outro music based on "Proles Pod
Theme" by Ransom Notes  READ MARX READ LENIN Listen to Proles
of the Roundtable Solidarity forever