#WeeklyMarx Instalment 12, #GoodMorningMarx Day 90, Capital v.1, pp. 467-494, 14 secs 3-5, start of Chp 15.

As we learned in Chp 13 Co-operation, many hands make light work; many working together produce more than their individual capacity aggregated. It is a social process! Image
One outcome of that social aspect of the labor process is the increased resistance to the domination of capital and the pressure of capital to overcome this resistance. A despotism of the capitalist. But special kinds of wage-labourers must be developed to manage and control the
labour process of coordinating the army of workers, officers or foremen, like the overseer on the plantation. So the capitalist now without the obvious coercion wields the power that the Pharaoh had of coordinating the coerced labour of so many to produce the wonders of pyramids.
This new form of co-operation is specific to the capitalist mode of production's transformation of the labour process into a social process. This form of cooperation involves a specific division of labour and manufacture, to which Marx turns in Chp. 14. He describes the ways in
manufacture changes and the commodity "from being the individual product of an independent craftsman becomes the social product of a union of craftsmen, each of whom performs one and only one, of the constituent partial operations." In section 2 he describes the process by which
the body becomes a tool, a machine of a particular operation. Craft knowledge, specialized labor, often was hereditary precisely to preserve this labour process knowledge. Marx gives a great example here of Indian weavers that reminds us of Sven Beckert's Empire of Cotton (it
took the plantation slavery system and colonial control to make the English weaving competitive with Indian weavers). Marx illustrates how the new forms of cooperation and division of labor rework the labor process and the worker with the effect of maximizing the efficiencies
of labour time and surplus value and always reducing the value of labour power. This division of labour in manufacturing has its corresponding consequences on the division of labour in society that Marx calls the foundation of all commodity production in the capitalist mode.
Marx engages in a sociological analysis suggesting the first stage involved is the separation of town from country. The density of population and the infrastructure of communication is a precondition for reorganizing production with the armies of workers invisibly united to
produce commodities-herdsman, tanner, shoemaker. But the specialized worker produces no commodity, which is the product of collective labor. So there is a very contradictory relationship between the division of labor in the factory and that of society in liberal political
where the despotism of production and anarchy of market society mutually inform each other. Where do you want your autonomy and "freedom"?!? Alas, Marx, succumbs here to a view of the unchanging "Asiatic" society despite the ceaseless revolving of dynastic power, one to another,
which made me wonder--did Marx know Ibn Khaldun's Muqaddimah?! Marx concludes, " While the division of labour in society at large, whether mediated through the exchange of commodities or not, can exist in the most diverse economic formations of society, the division of labour in
the workshop, as practised by manufacture, is an entirely specific creation of the capitalist mode of production. What is the capitalist character manufacture: the transformation of the social means of production and subsistence into capital MUST keep extending; it creates a
hierarchical structurre among workers; it converts the worker "into a crippled monstrosity" as an appendage of the workshop and a fragment of himself. The capitalist mode is the first to "provide the materials and impetus for industrial pathology." It is a more refined and
civilized means of exploitation. No longer an artisan and creator, the worker is debased into a tool of capital. A biological machine. The question of machines is the subject to which Marx now turns. Keep reading, comrades! Image

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27 Sep
#WeeklyMarx Instalment 7, #GoodMorningMarx Day 48 of Capital v. 1, pp. 299-326. Chp 7 sec 2 partial, Chp 8, Chp 9 sec 1. We have to go back a bit to the start of Chp 7 sec 2: the valorization process. Marx began a universal inquiry into the labor process as the human transmuting
of nature and, being shaped by that dialectical process, implying that each mode of production would have a particularly relationship to ecology. He specified at the end of the section, some features of the labour process under capitalism: 1) the worker gives up control of
organizing one's own labor to the capitalist, 2) gives up ownership of the product of labour and all its use values and value since the capitalist has purchased the labour-power. As we see now in the valorization process that the use value of the commodity of labor-power to the
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20 Sep
#WeeklyMarx Instalment 6, #GoodMorningMarx Day 41 of Capital v. 1, pgs. 270-298, Chps 6 and most of 7. Crucial concepts of labour-power and surplus value and the valorization process. Follow @weeklymarx and @MorningMarx. Thanks to @PeoplesComic_ for original art! Follow him! Image
Last instalment 5, rushed chps 4 and 5, so back to the conclusion of chp 5... Marx shows that the surplus value required in capitalist circulation and classical political economic theory cannot be accounted for. He concludes that "surplus-value cannot arise from circulation, and
therefore that, for it to be formed, something must take place in the background which is not visible in the circulation itself." (i.e. not in the theory of market exchange itself). He poses a contradiction--capital cannot arise from circulation and equally cannot apart from it.
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13 Sep
#WeeklyMarx Instalment 5, continued in Part 2. 25 tweets in a thread the limit--I'm too wordy! So we will complete Chp 3, 3:c on "World Money" and stop here. Despite nation state monetary systems, these markets are responsive to a world market, so Marx addresses the world
monetary system. Value actually requires the world market for money to realize its function. Marx has set up the structures necessary to understand now in an M-C-M form of circulation how money will be transformed into Capital. He starts this as a new section of v. 1 and chp 4
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13 Sep
#WeeklyMarx Instalment 5, #GoodMorningMarx Day 35 of Capital v. 1,, pgs. 237-269, Chp 3, sec 3b-c, Chp 4, Chp 5. So much to cover here since we stopped at p. 209 in instalment 4 with Marx forecasting the possibility of crises in the capitalist economy because of contradictions
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7 Sep
#WeeklyMarx Instalment 4, #GoodMorningMarx Day 35 of Capital v. 1,, pgs. 209-236, Chp 3, sec 2b-part 3b. Now we delve into chp 3, the start of which we skipped last week, so we start from p. 188, the beginning of Chp 3: Money, or the Circulation of Commodities. A day late, sorry!
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30 Aug
#WeeklyMarx Instalment 3, #GoodMorningMarx Day 28 of Capital v. 1, pgs.181-208, Chps 2, 3 sec 1-2a. Last week Marx developed exchange value, the origin of money, and the secret of the commodity fetish. This week, we summarize his initial discussion of the process of exchange.
Chp 2 begins by postulating that to understand that commodities are exchanged in the market through social and legal agreements depending on the mutual recognition of possession as private property--recognizing guardians of commodities as owners and commodities as alienable.
He is setting up in this chapter his mammoth chp 3 discussion of "money, or the circulation of commodities." So he clarifies that his abstract characterization of buyers and sellers etc..., is as a personification of economic relations.
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