The Real Thing: Zero Books Capital Reading Group

Mar 22nd, 2015 | By | Category: Articles

marxdollarJoin Andrew Kliman, Andy Marshall and Douglas Lain as we tackle the third chapter of Marx's Capital: Volume One. We'll cover coins, gold, hoarding, value, linen and bibles as we discuss "Money, Or the Circulation of Commodities."

Excerpt:

It is not money that renders commodities commensurable. Just the contrary. It is because all commodities, as values, are realised human labour, and therefore commensurable, that their values can be measured by one and the same special commodity, and the latter be converted into the common measure of their values, i.e., into money. Money as a measure of value, is the phenomenal form that must of necessity be assumed by that measure of value which is immanent in commodities, labour-time.

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