Explain the bookclub: We are reading Volumes 1, 2, and 3 in one year and discussing it in weekly threads. (Volume IV, often published under the title Theories of Surplus Value, will not be included in this particular reading club, but comrades are encouraged to do other solo and collaborative reading.) This bookclub will repeat yearly.

I’ll post the readings at the start of each week and @mention anybody interested. Let me know if you want to be added or removed.

Just joining us? You can use the archives below to help you reading up to where the group is. There is another reading group on a different schedule at https://lemmygrad.ml/c/genzhou (federated at [email protected] ) which may fit your schedule better. The idea is for the bookclub to repeat annually, so there’s always next year.

Archives: Week 1 – Week 2 – Week 3 – Week 4 – Week 5 – Week 6 – Week 7 – Week 8 – Week 9 – Week 10 – Week 11 – Week 12 – Week 13 – Week 14 – Week 15 – Week 16 – Week 17 – Week 18 – Week 19 – Week 20 – Week 21 – Week 22 – Week 23 – Week 24 – Week 25 – Week 26 – Week 27 – Week 28 – Week 29 – Week 30 – Week 31 – Week 32 – Week 33 – Week 34 – Week 35 – Week 36 – Week 37 – Week 38 – Week 39 – Week 40 – Week 41 – Week 42 – Week 43 – Week 44

Week 45, Nov 4-10 – Chapter 35 and Chapter 36 of Volume III

Chapter 35 is called ‘Precious Metal and Rate of Exchange’

Chapter 36 is called ‘Pre-Capitalist Relationships’

https://www.marxists.org/archive/marx/works/1894-c3/index.htm

Discuss the week’s reading in the comments.

  • Lemmygradwontallowme [he/him, comrade/them]@hexbear.netEnglish
    3·
    14 days ago

    The same wars through which the Roman patricians ruined the plebeians by compelling them to serve as soldiers and which prevented them from reproducing their conditions of labour, and therefore made paupers of them (and pauperization, the crippling or loss of the prerequisites of reproduction is here the predominant form) these same wars filled the store-rooms and coffers of the patricians with looted copper, the money of that time. Instead of directly giving plebeians the necessary commodities, i.e., grain, horses, and cattle, they loaned them this copper for which they had no use themselves, and took advantage of this situation to exact enormous usurious interest,

    Yep, that’s revolutionary, in one sense (acceleration of old economic mode’s destruction)

    It must be said that this does not make a transition to capitalist mode of production necessarily tho, as it is conservative in this way

    Usury, like commerce, exploits a given mode of production. Usury tries to maintain it directly, so as to exploit it ever anew; it is conservative and makes this mode of production only more pitiable. The less elements of production enter into the production process as commodities, and emerge from it as commodities, the more does their origination from money appear as a separate act.