This article, first published in August 2022, includes some slight edits, updated information, and added citations. Introduction In August 1619, enslaved Africans touched foot in the first permanent English settlement in what is now the United States. The...
The class struggle in every commodity: Use value and exchange value
Editor’s note: A Spanish translation of this article is available here. Introduction Every year, Pew Research publishes a study on the U.S. population’s political priorities. Their 2024 report shows that, like the previous years, “no single issue stands out after the...
Capitalist contradictions and revolutionary struggle: An introduction
Introduction Hearing or reading about the “contradictions of capitalism” in an article or at a rally might be intimidating, like a foreign language or a term only a certain group can understand. While the contradictions of capitalism are complicated, working and...
Value, price, and inflation: Immediate and structural causes
Introduction Every working person is keenly aware that prices are up. Nasty surprises and disbelief keep turning up at the register. People are being forced to forgo even the most minor and seemingly harmless comfort purchases, adding to the accumulation of the...
Studying society for the working class: Marx’s first preface to “Capital”
Introduction In the preface to the first edition of volume one of Capital, dated July 25, 1867, Marx introduces the book’s “ultimate aim": “to lay bare the economic law of motion of modern society” [1]. Looking back 155 years later, it’s clear the book not only...
PSL Course: Marx’s “Capital” (vol. 1)
Course description: The first volume of Karl Marx's Capital: A Critique of Political Economy, which was originally published in 1867, remains a key resource for understanding the logic of capitalism to this day. Marx wrote the book--which was the only volume of...
Marx’s “Capital:” Class 9 (So-called “Primitive accumulation”)
Class description: In Part 8 of the book, Marx turns to a brief historical analysis and critique of bourgeois political-economy's "origin story" of capital. Throughout the book so far, Marx has assumed that the conditions of...
Marx’s “Capital:” Class 8 (The general law of capitalist accumulation)
Class description: Looking at chapter 25, where Marx synthesizes the previous sections of the book to articulate the general laws (or tendencies) of capitalist accumulation, this class...
Marx’s “Capital:” Class 7 (Surplus-value, wages, and simple reproduction)
Class description: This class covers chapters 16-24. We begin with a discussion of "productive labor," highlighting the ways in which capitalism views and changes labor and clarifying the role that this concept plays in...