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Re: Capital is wrong






Hinrich Kuhls wrote:

> At 10:09 11.03.00 -0600, Carrol Cox wrote:
>
> >
> >George should probably read the first section of Volume II of
> >Capital, which I tend to think of as Marx's most extraordinary
> >achievement.
> >
>
> Why do you suggest the first section of Volume II?

I am thinking of the way Marx probes deeper and deeper into
the successive transformations of capital. When George plays
his games with Marx on commodities he is, among other
sillinesses, seeing capitalism as a frozen structure rather than
an endless dynamic.

M-C-M'-C-M' etc, a snake swallowing its tail. Take the
circuit at any starting poing, follow it up, you return to the
beginning. But as Marx makes this endless loop, each time
around with him one's sense of the dynamic of capital
grows. George misses all this by fussing about whether
a commodity is still a commodity when it is in use in making
further commodities.

Carrol






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