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We are entering a period of profound economic, political and cultural crisis. In such periods it is essential for society to have the right theoretical tools for understanding our condition and how to change it. To this end, I began making these videos in the spring of 08 in order to try to explain some rather complicated theoretical ideas which I believe to be of utmost importance to our current condition.
In times of crisis the law of value asserts itself with violence. My videos deal with the nature of value in a capitalist society, how this value is expressed, and what contradictions grow from it.
The full text of all videos is posted at:
http://kapitalism101.wordpr...
I highly recommend David Harvey's Kapital class:
http://davidharvey.org/read...
In times of crisis the law of value asserts itself with violence. My videos deal with the nature of value in a capitalist society, how this value is expressed, and what contradictions grow from it.
The full text of all videos is posted at:
http://kapitalism101.wordpr...
I highly recommend David Harvey's Kapital class:
http://davidharvey.org/read...
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Peace and Hip-Hop.
to say that the value of commodities is determined by "socially necessary abstract labour time" is actually a tautology. Labour has a dual character: the concrete and abstract labour performed by a worker are dual aspects of the same thing. And because socially necessary labour can only be understood abstractly, we therefore do not need to say SNALT. SNLT is just fine.