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June 2021

Capital, V1, Part 8: The So-Called Primitive Accumulation—a closer reading

Sun, June 20 @ 6:00 PM - 8:00 PM
|Recurring Event (See all)

An event every week that begins at 6:00 PM on Sunday, repeating until Sun, August 1, 2021

Convened with Sam Salour This group will be doing a close reading of the eight chapters that make up Part 8 of Capital. Volume 1, beginning with Chapter 26 on “The Secret of Primitive Accumulation”. No prior reading or experience with Capital or other readings are required. The group will also consider the debates surrounding the origins of capitalism. This is a 10 week series that will end on Sunday August 1. The link for participation: https://ucsb.zoom.us/j/84694992151

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July 2021

Marx’s Inquiry into the Birth of Capitalism: Why Does It Matter?

Sat, July 10 @ 2:00 PM - 4:00 PM
$7 – $11

As Marx argues, “original accumulation” of capital, the transformation of pre-capitalist to capitalist social relations, is not explained by the fairy tale of wise and thrifty household producers getting wealthy by their own labor. John Milios’ research into the “pre-capitalist money owner”, the role of commodity production (as opposed to production for direct consumption) based on slave labor in the ancient world, and the development of ”contractual money begetting” production in Europe in the middle ages, helps us understand what is and is not capitalism. He critically analyzes both Marxist and non-Marxist literature. He uses the rise and fall of the Venetian mercantile republic as a case study. He concludes that “No version of capitalism is the realm of ... freedom or justice. Capitalism is a social system in which ... coercion guaranteeing economic exploitation of the ruled by the rulers is incorporated into the economic relation itself.”

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