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Marx's Capital

Capital Volume I: Class 9

Reading: Capital I, ch. 15, sections 5-10 In class 8, on the first part of chapter 15, Harvey focused considerable attention on footnote 4, on pages 493-4. This footnote contains important theoretical material that situates Marx’s discussion of the technology of large-scale industry in his theory of historical materialism. In order to be succinct, I […]

Categories
Marx's Capital

Capital Volume I: Class 8

Reading: Capital I, ch. 15, sections 1-4 In Marx’s time, large-scale machinery was the highest form of development of the means of production, relegating simple cooperation and manufacture to obsolescence. (We will bracket for now the question of how significant subsequent technological revolutions have been for the labor process.) It is characterized by a vast […]