This time we’re reading chapter 2 and roughly a third of chapter 3 (until but not including section 2B) of Capital Volume 1. Participation welcome at any time, not just on the weekend of week 6, either in this thread or in our Matrix room (see this post for instructions on how to join). A few questions will probably be posted here on the aforementioned Saturday/Sunday for those who prefer that kind of structure
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Some questions for chapter 2:
- What is the nature of the relationship between the parties involved in commodity exchange?
- What is the difference between the use value of a commodity for its seller vs. for its buyer?
- What distinguishes a commodity from any other object with use value?
- What is the main problem with direct exchange of commodities (without a money form)?
- Name some qualities of a commodity that are essential for it to be used as money.
And some questions for the relevant part of chapter 3:
- What causes a general rise in the price of a commodity?
- Does money have value?
- Describe the process of exchange of commodities.