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Chapter 3 – Money, Or the Circulation of Commodities – Capital – Volume 1 – Karl Marx
Posted inEconomists

Chapter 3 – Money, Or the Circulation of Commodities – Capital – Volume 1 – Karl Marx

Summary 1. Measure of ValueMarx explains that gold (chosen as an example of a money-commodity) acts as a universal measure of the value of commodities. This is possible because commodities…
Posted by Ramon Cristian April 24, 2025
Chapter 2 - Exchange - Capital Volume I - Karl Marx
Posted inEconomists

Chapter 2 – Exchange – Capital – Volume 1 – Karl Marx

Summary Chapter 2 of Karl Marx's Capital, Volume 1, titled "Exchange," explains that commodities cannot independently enter the market; they require human owners who establish social and economic relations through…
Posted by Ramon Cristian April 22, 2025
Chapter 1 - Commodities and money - Capital - Volume 1 – Karl Marx
Posted inEconomists

Chapter 1 – Commodities and money – Capital – Volume 1 – Karl Marx

Summary Chapter 1 of Karl Marx's Capital, Volume 1 explores commodities, highlighting their dual nature as both objects of use (use-value) and objects exchanged for others (exchange-value). Marx begins by…
Posted by Ramon Cristian April 18, 2025

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  • Chapter 13 – Co-operation – Capital – Volume 1 – Karl Marx on Chapter 14 – Division of Labor and Manufacture – Capital – Volume 1 – Karl Marx
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