Second session: Wednesday 30th April

The Capital study group will be meeting again on Wednesday April 30th at 5pm in Room 301, Lipman Building, Northumbria Univerisity.

We will be discussing Sections 1 and 2 of Chapter I again. Everyone is welcome to attend and discuss.


Questions and concepts for session I.

General questions:

– Why do you think it is important to read Capital?

– What do you want to get out of these discussions?

And some things to consider when doing the reading (Ch. I Sections 1 & 2):

– What is a commodity?

– Why does Marx start a book on capital with the commodity?

– What can the contents of these first two sections tell us about Marx’s methodology (historical materialism)?

– What is value? Where does it come from?

– What is use-value? 

– What is exchange-value? When does exchange value historically occur?

– What are the dual characteristics of labour? In what ways do they differ?

– What does Marx mean by “socially necessary labour-time”? 


First session: Friday 25th April 2014.

The reading group will be meeting for the first time this Friday, April 25 at 12noon in room 334 of the Lipman Building at Northumbria University. 

We shall be discussing Sections 1 and 2 of Chapter I, ‘The Commodity’. In the edition we are encouraging participants to use where possible (Penguin Classics, translated by Ben Fowkes), these sections are on pp. 125-138. 

Try and read those two sections, even if you are struggling to understand the text. It isn’t a straightforward book – hence the study group – but do not let that put you off.