Political Economy
Marxism and Planetary Crises: New Works, New Debates
Online: Zoom link will be provided to registered participantsThe MEP's Ecosocialist Study Group resumes consideration of capitalism's catastrophic impact on the Earth's climate and other critical systems, and ecosocialist strategies to challenge it. In eight weekly sessions beginning April 24, we will address important new work in ecological Marxism and environmental justice.
Book Talk: On the History of Capitalist ‘Reforms’
Recording available on YouTubeGiampaolo Conte presents 'A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms', just published by Routledge. Conte's historical research demonstrates that the chief purpose of such reforms has been to integrate semi-peripheral states into the capitalist world-economy.
Reading Marx’s Capital Volume I
Online: Zoom link will be provided to registered participantsParticipants in this class are closely reading and discussing Volume I of Karl Marx’s 'Capital, A Critique of Political Economy.' At present we are reading Part Seven, "The Process of Accumulation of Capital."
Studies in Marx’s Capital
Online: Zoom link will be provided to registered participantsFollowing up on the MEP's long-running study group on Karl Marx's Grundrisse, we have been reading closely and discussing Marx's 'Theories of Surplus Value' and related works. At present we are completing a study of capitalist landholding and ground rent. Future readings may include Soren Mau's 'Mute Compulsion' and Beverley Best's 'The Automatic Fetish.'
The Circulation of Capital: Volume II of Marx’s Capital
Online: Zoom link will be provided to registered participantsA 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.
A Prime Competitor: Understanding Amazon’s Market Power
Recording available on YouTubeStephen Maher and Scott Aquanno present an innovative analysis of Amazon's market power, drawing on major themes from Marx's Capital, volume 2. In a recent contribution published by Canada's Socialist Project, they challenge understandings of "monopoly" common in mainstream economics as well as among sections of the left.
AI versus Labor: Luddism and Beyond
Online: Zoom link will be provided to registered participants8 weekly sessions starting Oct 1. Is Artificial Intelligence (AI, sic) really the dire threat to the future of humanity as even some of its proponents claim, or is it a more mundane and familiar threat to working people who face loss of their livelihoods and/or further speed-up and alienation? The entire history of industrial capitalism is punctuated by recurring waves of automation to reduce labor costs and turnover time, each time provoking strong resistance by the affected workforce. This reading group will probe the history both of AI and computer technology specifically and of working-class resistance to capitalist automation in general.
Translating ‘Capital’ for the 21st Century
Online: Zoom link will be provided to registered participantsThe appearance of a new English-language edition of Marx's Capital, Volume I, translated and edited by Paul Reitter and Paul North, has been a momentous occasion. Join a conversation with Reitter, North, and noted Marx scholar Michael Heinrich on the challenges of translating Marx for 21st century readers, the weaknesses and strengths of earlier translations, and the ways the new edition can help us understand Marx's analyses of capital and value.
Marx Miniseries: The ‘Resultate’
Online: Zoom link will be provided to registered participantsThe MEP's Capital Studies Group presents a miniseries on the chapter Marx omitted from published editions of Capital. Titled "Results of the Immediate Process of Production" and often referred to by the German 'Resultate', this long chapter can be read as a bridge between volumes 1 and 2 of Capital.
Reading Marx’s Capital, Volume III
Online: Zoom link will be provided to registered participantsA weekly study group covering Marx's Capital, Volume III, The Process of Capitalist Production as a Whole. This work 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.
Reading Capital in an Age of Climate Change
Online: Zoom link will be provided to registered participantsMatt Huber highlights the relevance to the climate crisis of key concepts from Marx's 'Capital' such as value, the hidden abode of production, surplus-value, the accumulation of capital, primitive accumulation, and the expropriation of the expropriators.
Adam Smith and ‘The Wealth of Nations’
Online: Zoom link will be provided to registered participantsAdam Smith deals with such issues as the so-called labor-theory of value, the equalization of the rate of profit, and the determination of commodity prices in important ways that anticipate Marx or require the corrections Marx provides. So, in this group, we will dive headlong into Smith's opus, The Wealth of Nations.