This time we’re reading chapters 4 and 5 of Capital Volume 1. Participation welcome at any time, not just on the weekend of week 10, either in this thread or in our Matrix room (see this post for instructions on how to join)

  • Some questions for chapter 5:

    1. In C-C, what does either party gain/lose in terms of use-value and value, respectively? What about C-M-C?
    2. If all commodities are sold at N percent above their value, will surplus value be created, in an individual transaction or in general? Why or why not?
    3. If some commodities are sold above their value, will surplus value be created, in an individual transaction or in general? Why or why not?