As the effects of the coronavirus pandemic swept through the global economy, the average observer could have been forgiven for missing a critical piece of news: by May 2020, the combined market capitalization of the four largest US tech companies reached one fifth of the entire S&P 500. Four companies – Microsoft, Apple, Amazon and Facebook – now account for 20 per cent of the combined value of the 500 largest US corporations – an unparalleled level of market concentration. Forty years these corporate entitites were either just beyond being plucky start-ups, or did not even exist.

The birth and development of capitalism since its origins in the fifteenth century is entirely bound up with the subordination of racialized peoples. Even before capitalism arose – in a process Marx termed the “so-called primitive accumulation” – money and markets were implicated in the rise and fall of states and empires that conquered and enslaved vast numbers of human bodies. This group will address these histories and their persisting consequences. We will read and discuss David McNally’s Blood and Money: War, Slavery, Finance, and Empire and Jairus Banaji’s The History of Commercial Capitalism among other works.

With The Last Years of Karl Marx, Marcello Musto claims a renewed relevance for the late work of Marx, highlighting unpublished or previously neglected writings, many of which remain unavailable in English. Readers are invited to reconsider Marx’s critique of European colonialism, his ideas on non-Western societies, and his theories on the possibility of revolution in non-capitalist countries. From Marx’s late manuscripts, notebooks, and letters emerge an author markedly different from the one represented by many of his contemporary critics and followers alike.

Please join us on March 18 –the date the uprising began – as Mitch Abidor, editor and translator of two books on the fighters in the 1871 uprising, Communards and Voices of the Paris Commune, recounts what happened over the 71 days that followed, in all its complexity, both its heroism and its failings, as well as its role as inspiration with lessons for the movements that followed in its footsteps.

This class will journey into quantum physics and 21st-century cosmology as background for a study of dialectics in natural science and philosophy. Readings include Engels’ Dialectics of Nature and excerpts from other philosophers and scientists writing since Engels.

This panel will conside George Comninel’s “Alienation and Emancipation in the Work of Karl Marx”, “Marxism versus Liberalism” by August Nimtz and “Revisiting Marx’s Critique of Liberalism” by Igor Shoikhedbrod

Session 2 will complete the analysis of Part I: Commodities and Money, starting with Chapter 2: The Process of Exchange followed by the historical development of the money form in the circulation of commodities. This in turn leads to the Transformation of Money into Capital, positioning the reader to analyze the specific social relations of capitalist production (wage labor and owners of capital) in relation to the forces of production, the means of production.