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submitted 4 months ago* (last edited 4 months ago) by PM_ME_YOUR_FOUCAULTS@hexbear.net to c/theory@hexbear.net

lets-fucking-go

Not going to say it was an easy read, and certainly not as visceral or witty/scathing as Volume I. Also not going to say I 100 percent followed all the math in the sections on reproduction. But damn if it isn't fascinating to see the fundamental mechanisms of capitalism being explained from first principles.

Funny enough, he keeps mentioning the credit system periodically throughout the book, but always deferring a discussion of it in favor of understanding first understanding the underlying mechanisms that precede credit. Then about three quarters of way through, a complete understanding of what the credit system actually is popped fully formed into my mind. He had so carefully explained the circulation and reproduction of capital that it just so clearly followed logically from what he had already shown.

spoilerAlso, I just skimmed the detailed critiques of Adam Smith sorry not sorry

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[-] PM_ME_YOUR_FOUCAULTS@hexbear.net 8 points 4 months ago

I would definitely do Volume I first, if you haven't already, and then see how you feel.

this post was submitted on 22 May 2024
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