I have created a set of flashcards for the preliminary part of the third section of chapter one of Marx's Capital (see https://quizlet.com/ca/1128667331/marx-capital-volume-1-chapter-1-section-3-the-value-form-or-exchange-value-part-1-preliminaries-flash-cards/). There are also previous flashcards for the earlier section of chapter 1 on that site (as well as on this blog). Here is a copy of the flashcards: 1. The immediate or natural … Continue reading Marx, Capital, Volume 1, Chapter 1, Section 3: The Value-form, or Exchange-Value: Preliminaries: Flashcards on Quizlet and in this Post →

Economics for Social Democrats–but not for the Working Class, Part Two: Critique of Jim Stanford’s Theory of Money, Part Two

Introduction In a previous post (Economics for Social Democrats–but Not for the Working Class, Part Two: Critique of the Social Democrat Jim Stanford’s Theory of Money, Part One), I questioned Mr. Stanford's theory of money as purchasing power, as well as his implied reduction of Marx's critical dual or twofold theory of commodities to a … Continue reading Economics for Social Democrats–but not for the Working Class, Part Two: Critique of Jim Stanford’s Theory of Money, Part Two →