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Lecture 1: Introduction, Capital Chapter 1: The Commodity (LIT-CAP1)

57:27
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Lecture 2: Capital Chapter 1: The Commodity, Part 2 (LIT-CAP1)

56:25
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Lecture 3: Capital Chapter 1: The Commodity, Part 3 (LIT-CAP1)

50:05
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Lecture 4: Capital Chapters 2-4: Exchange, Money, Capital (LIT-CAP1)

49:48
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Lecture 5: Capital Chapters 2-4: Exchange, Money, Capital, Part 2 (LIT-CAP1)

50:07
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Lecture 6: Capital Chapters 5-9: Absolute Surplus-Value, Valorization, the Working Day (LIT-CAP1)

45:20
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Lecture 7: Capital Chapters 5-9: Absolute Surplus-Value, Valorization, the Working Day, Part 2 (LIT-CAP1)

49:59
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Lecture 8: Capital Chapter 8: The Working Day (LIT-CAP1)

39:57
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Lecture 9: Capital Chapters 10-13: Relative Surplus-Value, Division of Labor, Machinery, Part 1 (LIT-CAP1)

50:20
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Lecture 10: Capital Chapters 10-13: Relative Surplus-Value, Division of Labor, Machinery, Part 2 (LIT-CAP1)

49:24
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Lecture 11: Capital Chapter 12 & 13: Changes in the Division of Labor, Machinery (LIT-CAP1)

45:51
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Lecture 12: Capital Chapter 13: Machinery (LIT-CAP1)

47:28
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Lecture 13: Capital Chapters 14-16: Absolute and Relative Surplus-Value (LIT-CAP1)

47:41
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Lecture 14: Capital Chapter 15: Increase and Decrease in LP and SV & Chapters 17-20: Wages (LIT-CAP1)

51:03
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Lecture 15: Capital Chapters 17-20: Wages; Chapters 21-24: Accumulation, Reproduction (LIT-CAP1)

50:59
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Lecture 16: Capital Chapters 21-24: Accumulation, Reproduction (LIT-CAP1)

51:49
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Lecture 17: Capital Chapter 23, The General Law of Capital Accumulation (LIT-CAP1)

47:42
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Lecture 18: Capital Chapter 24, So-Called Original Accumulation (LIT-CAP1)

48:02

Lecture 14: Capital Chapter 15: Increase and Decrease in LP and SV & Chapters 17-20: Wages (LIT-CAP1)

Professor

51:03·2026·undergraduate level

This session investigates the limits of productivity for generating surplus-value and presents methods for calculating the rate of exploitation. It then transitions to a detailed analysis of the nature and function of wages.

How far can productivity be pushed to produce more surplus-value? How should we calculate the rate of exploitation of labor? What is a wage?

A chapter by chapter study of Marx’s powerful analysis in Capital: Critique of Political Economy, Volume 1. This book from 1872 is still the best guide to the predatory economic and social system within which we live. The book solves five basic mysteries in our social world. The mysteries are: why social classes struggle against one another, why human beings are in the thrall of things, how a quantity of money turns into more money without seeming to add anything, why some people are forced to work and the more they work the less they make proportional to their effort, and finally, and why it is so hard to transform the system for the better.

Seminar notes & discussion

No public seminar notes on this lecture yet.