A weekly study group covering Marx's Capital, Volume II, The Process of Circulation of Capital. In this volume, Marx addresses the question: How can the reproduction of society as a whole take place, if there is no conscious social planning that ensures that all needs are met, in the necessary proportions, such that life can persist and the capitalist relations of production be sustained? We discover the answer, but we also learn of new contradictions and sources of crisis inherent to capitalist society.

Following up on the MEP's long-running study group on Marx's Grundrisse, we are now engaged in a close reading of Marx's Theories of Surplus Value (sometimes referred to as Volume 4 of Capital), supplemented by chapters from I.I. Rubin's History of Economic Thought.

Participants in this class are closely reading and discussing Volume I of Karl Marx’s 'Capital, A Critique of Political Economy.' The second 10-week series starts April 6 with Chapter 6, 'The Sale and Purchase of Labor Power.'