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. The three volumes in a year works out to about 6½ pages a day for a year, 46⅔ pages a week.
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, July 8-14. From Volume 2, we are reading Parts 10-13 of Chapter 20, Simple Reproduction.
Discuss the week's reading in the comments.
So under simple reproduction, I(v) and I(s) (variable capital and surplus value department I) are cycling with II(c) (fixed capital of department II).
In Chapter 11(a), if I read this right, Marx is setting up another crisis.
Because I(v) and I(s) remain stagnant while II(c) by the nature of wear-and-tear on equipment and buildings needs to regularly grow.
yea, esp. this part that also interesting.