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#3: MONEY (Ch. 2-3) artwork
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#3: MONEY (Ch. 2-3)

Reading Capital With Comrades by Reading Capital With Comrades

Apr 26, 202100:43:51Education

Our third episode takes up chapters 2 and 3 on exchange and money, where the C-M-C circuit makes its first appearance. After setting up the juridical conditions of market exchange, we look at how money arises out of and...

About This Episode

#3: MONEY (Ch. 2-3) is an episode from Reading Capital With Comrades by Reading Capital With Comrades. Our third episode takes up chapters 2 and 3 on exchange and money, where the C-M-C circuit makes its first appearance. After setting up t...

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Episode Details

Published Apr 26, 2021, 00:43:51 long, audio available.

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What is #3: MONEY (Ch. 2-3) about?

Our third episode takes up chapters 2 and 3 on exchange and money, where the C-M-C circuit makes its first appearance. After setting up the juridical conditions of market exchange, we look at how money arises out of and transforms the exchange process. Next, we examine some of the contradictions inherent in the money-form, including those between C-M and M-C, and how these are intensified forms of the general contradictions between exchange-value and use-value. We discuss the origins and value of money, the difference between price and value (and what this has to do with sanctions and tariffs), credit, and money’s role as a 1) measure of value, 2) medium of circulation, and 3) means of payment, and the contradictions between these functions. Articles mentioned in the episode: The myth of democracy and the rule of the banks (part one) The myth of democracy and the rule of the banks (part two) Contact us with questions or feedback at ReadingCapital@LiberationSchool.org

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Which podcast is #3: MONEY (Ch. 2-3) from?

#3: MONEY (Ch. 2-3) is an episode from Reading Capital With Comrades by Reading Capital With Comrades.

How long is this episode?

This episode is 00:43:51 long.

When was this episode published?

This episode was published on Apr 26, 2021.

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Where can I listen to #3: MONEY (Ch. 2-3)?

You can listen to #3: MONEY (Ch. 2-3) on this page when the episode audio is available from the podcast feed.

Which podcast is this episode from?

#3: MONEY (Ch. 2-3) is from Reading Capital With Comrades by Reading Capital With Comrades.

What are the episode details?

Published Apr 26, 2021 and 00:43:51 long