Reading Marx’s Capital, Volume III

Volume III of Capital – The Process of Capitalist Production as a Whole – integrates and completes Marx’s analysis, enabling us to understand and make sense of how the phenomena we see occurring on the surface of society are related to the underlying system of capitalism. It is essential to understanding the current moment of late capitalist/imperialist development, in which we see the rise of rentier and finance capital and the commodification of debt; continuously rising prices that bring still more poverty and starvation; new technologies turned into means of extracting rents; the privatization of public spaces, properties and institutions; and the list goes on.

We welcome all who have a basic knowledge of Volume I of Capital to this ongoing weekly study group. Familiarity with Volume II will be helpful but not required. Participants will closely read and discuss Volume III, guided by experienced students of Marx from the MEP. We use a hybrid approach to cover the entire book. For key chapters or sections, we do a line-by-line reading with pauses for questions and commentary. Participants read other sections on their own, along with occasional supplemental materials. The series is ongoing until we have completed the entire book.

Fred Murphy facilitates this group. Since 2015 Fred has led numerous MEP study groups on ecosocialism, science and technology, the history of capitalism, and Latin American politics. He studied and taught historical sociology at the New School for Social Research and reported from Latin America for several socialist publications.

RSVP below to join this group. There is no registration fee but a suggested donation of $50 or whatever amount you can afford will help support the work of the MEP.