On Spotify: podcasters.spotify.com/pod/show/socialismforall/episodes/Value--Price-and-Profit-1865-by-Karl-Marx--Human-read-Socialist-Economics-Audiobook--Discussion-e26e477 The Basic Marxism-Leninism Study Guide video playlist: th-cam.com/play/PLXUFLW8t2sntNn5jQO8vF7ai9x0fna3PVThe.html
i'm sure marx isn't trying to be funny but just by virtue of the stupidity of the arguments he refutes, i literally loled multiple times throughout this
I lolled too but I think he wasn't unaware of the humorousness of some of his remarks and ironic questions. Especially the witty remark about Weston's illustration being rather "spoony" then proceeding to make W look foolish by continuing with the soup bowl and spoon analogy and totally crushing his dumb argument.
Corn is a generic term for grain, in the nineteenth century corn was interchangeable with wheat. You see it in literature, Tolkien used corn like that, and he was a doctor of words. Corn refers to the top of the grass that flower/seed cluster that we mill into flour.
Fair enough, same with "Anti-Corn Laws" mentioned here which were not in my knowledge base at the time of reading. I can see the etymological connection (corn, kernel, etc.) but would've thought this use to be more archaic, not early 19th century.
@@SocialismForAll it's still used that way in britain, in part because maize or "indian corn" never became a dietary staple there like it did in north america, and so there was no reason for that to ever become the primary meaning of the generic "corn"
2:35:00 Marx really didn’t understand the westward expansion in the US. That process he described is more accurately described as asymmetric genocidal warfare. They became self sustaining peasants through genocide, Marx didn’t understand.
Слава! I appreciate this channel immensely; your dedication for our cause is truly commendable. Hailing from Brazil, I observe the steady rise of the radical left here. I can imagine the challenges of being a communist in the US, surrounded by such a heavily brainwashed population. Nonetheless, in Latin America, we stand strong and united. I share this to inspire hope among fellow communists in the US and other ultra liberal countries.
This is far and away your best "read-break to explain-read" reading to date. Perhaps the format of the speech helped with taking breaks between subjects. Thanks for all of the insight.
Thanks for recording as usual! Usually I find Marx very abstract and difficult to comprehend, but this was very straightforward (perhaps because I already listened to many other works esp the first chapter of capital). Also, you've been uploading a lot of long audiobooks recently, I'm really thankful for that, but make sure not to overwork yourself :)
"Also, you've been uploading a lot of long audiobooks recently, I'm really thankful for that, but make sure not to overwork yourself :)" Thanks, the audiobooks actually really energize me
Thanks for making these audiobooks. I can't buy physical copies of these and reading PDFs is more difficult for me than reading from physical papers, so these have become my main way of learning as a baby leftie
The reason I love listening to these, and often re listening to these even though I listened to many of these while reading the foundational texts of Marxism, is because of the commentary you add. Keep that shit up
Sometimes I wish you would add even more commentary because it helps hold my attention. You just need to make sure you don’t add so much more that it makes the videos too much longer which could potentially make the length intimidating to people but still
The commentary is amazing! Really is a difference maker for reader comprehension here. Also, the suggestions to go back and relisten to a section were extremely helpful too
I read this classic, last decade. It wouldn't hurt to listen, again (so, I will). I'm looking forward to your reading of Imperialism. I read that one, too, but I need to reacquaint myself with these essential works. A person could study this stuff for an entire lifetime.
FINALLY! I’m reading this work right now. Thanks so much for the audiobook, S4A! Edit: Do you plan on doing Imperialism: The Highest Stage of Capitalism as well?
Thanks for all your hard work comrade. I can't begin to express how important it is what you're doing. Education is the beginning of the awakening of class consciousness.
Hey S4A, if you had to recommend ONE book, to gift someone who's generally anticapitalist but still has prejudices against socialism, in order to inform and educate them on the matter, what would it be?
The State and Revolution by Lenin has a lot of potential for explaining the things "western leftists" tend to get stuck on the most. I'd say this, combined with Principles of Communism by Engels.
I'd second S&R + POC. I don't know if it's ideal for the uninitiated, but Lenin's Imperialism is the other one that was really transformative for me. He goes into detail about "crony capitalism" and addresses many of the ideas/arguments raised by liberals/libertarians. It might hit the target for certain people.
Did Marx ever address where the phenomenon of “inflation” comes from? We know (given the handy summary given at 2:12:33 - 2:13:26) that prices *can* have these sort of organic components, but what of the times when they don’t, i.e., when capitalists can drive up prices for everything (inflation)? (I’m aware this is later touched on, but are there any dedicated works on the topic by Marx?)
Especially during the later half of the piece, I kept being reminded of how capitalists and their lapdog economists complain that raising wages would necessarily raise prices (wage-push inflation), thus causing a decrease in real wages for those whose wages did not increase and possibly cancelling out the increase in real wages for those whose wages did increase. I assume these same arguments were made by the likes of those Marx was arguing against, if not in less sophisticated terms. Such arguments of course only hold water in theory if, as Marx points out, the rate of profit does not fall proportionately to the rise in wages or, when looking at the larger economy, wages don't decrease in another areas. Thankfully, even conservative economists in general don't push this crap anymore, though they still fall back on relying almost solely on supply and demand for explaining changes in prices that may cause workers to demand higher wages. I find Marx's placement of supply and demand as short-term causes of fluxuations around the real value of commodities subservient to larger economic laws a better explanation of value determination.
the english word 'corn' was used to describe grains generally before its specific application to refer to American maize. Within the British Isles, this switch occurred as late as the interbellum period. also, race is indeed being used to refer to the human race
I try to tell people not to fall for it, but people are scared and with good reason. The thing I try to tell them is that ai is unlikely to replace jobs, so much as change jobs or create an entirely new economy. It will be brutal, and I think people will get radicalized by the ai job crisis. But that's gonna backfire big time for the capitalists. They are just so cocky and think that they will always be in charge.
Awesome video, I get to listen to socialism things while designing automated systems to take away jobs ;) (This project is literally just a conveyor for an assembly line though so not too much artificial intelligence going on lol, I'm a controls engineer)
I think there is a limit to the number of likes you can have, I think its something like 5000. If you go to your account's Playlists, you should have an automatically generated one of "liked videos." IIRC it's capped at 5000, so I think your oldest likes drop off. This is all anecdotal based on my own observations, I haven't researched it, so I may be wrong.
On Spotify: podcasters.spotify.com/pod/show/socialismforall/episodes/Value--Price-and-Profit-1865-by-Karl-Marx--Human-read-Socialist-Economics-Audiobook--Discussion-e26e477
The Basic Marxism-Leninism Study Guide video playlist: th-cam.com/play/PLXUFLW8t2sntNn5jQO8vF7ai9x0fna3PVThe.html
Thank you for making these. Hey, do you have any volumes of capital up on here?
i'm sure marx isn't trying to be funny but just by virtue of the stupidity of the arguments he refutes, i literally loled multiple times throughout this
Something about Marx’s rhetorical questions combined with the sarcastic tone of our lovely narrator just triggers the “joke” signals in my brain
I lolled too but I think he wasn't unaware of the humorousness of some of his remarks and ironic questions. Especially the witty remark about Weston's illustration being rather "spoony" then proceeding to make W look foolish by continuing with the soup bowl and spoon analogy and totally crushing his dumb argument.
Corn is a generic term for grain, in the nineteenth century corn was interchangeable with wheat. You see it in literature, Tolkien used corn like that, and he was a doctor of words. Corn refers to the top of the grass that flower/seed cluster that we mill into flour.
Fair enough, same with "Anti-Corn Laws" mentioned here which were not in my knowledge base at the time of reading. I can see the etymological connection (corn, kernel, etc.) but would've thought this use to be more archaic, not early 19th century.
@@SocialismForAll it's still used that way in britain, in part because maize or "indian corn" never became a dietary staple there like it did in north america, and so there was no reason for that to ever become the primary meaning of the generic "corn"
Yeah I wanted to say that too, in German corn refers to cereal in general. So it might have been a poor way of translating it!
2:35:00 Marx really didn’t understand the westward expansion in the US. That process he described is more accurately described as asymmetric genocidal warfare. They became self sustaining peasants through genocide, Marx didn’t understand.
Слава! I appreciate this channel immensely; your dedication for our cause is truly commendable. Hailing from Brazil, I observe the steady rise of the radical left here.
I can imagine the challenges of being a communist in the US, surrounded by such a heavily brainwashed population. Nonetheless, in Latin America, we stand strong and united. I share this to inspire hope among fellow communists in the US and other ultra liberal countries.
I cant believe i actually listened to all of this in one sitting
I listen to you all day at work. Thank you for these I will be donating.
Going to tell my boss my labor has more value. Thank you comrade
This is far and away your best "read-break to explain-read" reading to date.
Perhaps the format of the speech helped with taking breaks between subjects. Thanks for all of the insight.
Thanks for recording as usual!
Usually I find Marx very abstract and difficult to comprehend, but this was very straightforward (perhaps because I already listened to many other works esp the first chapter of capital).
Also, you've been uploading a lot of long audiobooks recently, I'm really thankful for that, but make sure not to overwork yourself :)
I think this one is more straightforward because it was written as a public speech
"Also, you've been uploading a lot of long audiobooks recently, I'm really thankful for that, but make sure not to overwork yourself :)"
Thanks, the audiobooks actually really energize me
Thank you so much, really like your comments throughout the recording!
I'm glad they're helpful
Crazy how obvious this seems in hindsight, It's like putting words to the wrong i always felt was inherently baked into the system
Thanks for making these audiobooks. I can't buy physical copies of these and reading PDFs is more difficult for me than reading from physical papers, so these have become my main way of learning as a baby leftie
Sure, and make sure to check out the recommended reading lists/syllabi playlists on the home tab
The reason I love listening to these, and often re listening to these even though I listened to many of these while reading the foundational texts of Marxism, is because of the commentary you add. Keep that shit up
Sometimes I wish you would add even more commentary because it helps hold my attention. You just need to make sure you don’t add so much more that it makes the videos too much longer which could potentially make the length intimidating to people but still
The commentary is amazing! Really is a difference maker for reader comprehension here. Also, the suggestions to go back and relisten to a section were extremely helpful too
I read this classic, last decade. It wouldn't hurt to listen, again (so, I will). I'm looking forward to your reading of Imperialism. I read that one, too, but I need to reacquaint myself with these essential works. A person could study this stuff for an entire lifetime.
Your recaps are very helpful. Please do more of them
FINALLY! I’m reading this work right now. Thanks so much for the audiobook, S4A!
Edit: Do you plan on doing Imperialism: The Highest Stage of Capitalism as well?
Yes, it's on the Basic ML Study Guide playlist, but after Capital vol 1
I love your channel, thanks for doing such a huge project.
Thanks for all your hard work comrade. I can't begin to express how important it is what you're doing. Education is the beginning of the awakening of class consciousness.
Hey S4A, if you had to recommend ONE book, to gift someone who's generally anticapitalist but still has prejudices against socialism, in order to inform and educate them on the matter, what would it be?
The State and Revolution by Lenin has a lot of potential for explaining the things "western leftists" tend to get stuck on the most. I'd say this, combined with Principles of Communism by Engels.
I'd second S&R + POC.
I don't know if it's ideal for the uninitiated, but Lenin's Imperialism is the other one that was really transformative for me. He goes into detail about "crony capitalism" and addresses many of the ideas/arguments raised by liberals/libertarians. It might hit the target for certain people.
Thanks a lot, you make Marxist theory so much easier to understand
I finished this a couple months back and then this audiobook one finally got released 😂😂😂 ahhh can’t win em all
Fantastic work comrade, I appreciate your work so much.
Hey I’m glad you uploaded this
Thanks
Did Marx ever address where the phenomenon of “inflation” comes from? We know (given the handy summary given at 2:12:33 - 2:13:26) that prices *can* have these sort of organic components, but what of the times when they don’t, i.e., when capitalists can drive up prices for everything (inflation)?
(I’m aware this is later touched on, but are there any dedicated works on the topic by Marx?)
this is one i was really looking forward to ^^, it's very good
Thanks. Helping me work through this in preparation for taking another crack at Das Kapital
Great and infomative text.
Thanks❤
Thank you for this audiobook 👍
Especially during the later half of the piece, I kept being reminded of how capitalists and their lapdog economists complain that raising wages would necessarily raise prices (wage-push inflation), thus causing a decrease in real wages for those whose wages did not increase and possibly cancelling out the increase in real wages for those whose wages did increase. I assume these same arguments were made by the likes of those Marx was arguing against, if not in less sophisticated terms. Such arguments of course only hold water in theory if, as Marx points out, the rate of profit does not fall proportionately to the rise in wages or, when looking at the larger economy, wages don't decrease in another areas.
Thankfully, even conservative economists in general don't push this crap anymore, though they still fall back on relying almost solely on supply and demand for explaining changes in prices that may cause workers to demand higher wages. I find Marx's placement of supply and demand as short-term causes of fluxuations around the real value of commodities subservient to larger economic laws a better explanation of value determination.
the english word 'corn' was used to describe grains generally before its specific application to refer to American maize.
Within the British Isles, this switch occurred as late as the interbellum period.
also, race is indeed being used to refer to the human race
May the proletariat rise for all of humanity. ❤
THANK YOU !!
TY
I try to tell people not to fall for it, but people are scared and with good reason. The thing I try to tell them is that ai is unlikely to replace jobs, so much as change jobs or create an entirely new economy. It will be brutal, and I think people will get radicalized by the ai job crisis. But that's gonna backfire big time for the capitalists. They are just so cocky and think that they will always be in charge.
I dream of the US proletariat seizing the means of production.
You have a very listenable voice
Marx OP,
thank you for the reading
Awesome video, I get to listen to socialism things while designing automated systems to take away jobs ;)
(This project is literally just a conveyor for an assembly line though so not too much artificial intelligence going on lol, I'm a controls engineer)
17:14
38:01
1:19:46🌈
1:32:17🔥
2:24:50
Seems like somebody's removing my LIKES from earlier ?
I don't think that's a thing that can happen. I don't have access to that, anyway
I think there is a limit to the number of likes you can have, I think its something like 5000. If you go to your account's Playlists, you should have an automatically generated one of "liked videos." IIRC it's capped at 5000, so I think your oldest likes drop off.
This is all anecdotal based on my own observations, I haven't researched it, so I may be wrong.
TNX
Thanks
Thanks