PHIL 26425/36425 Reading Marx’s Capital: A Critique of Political Economy
Karl Marx’s account of “those societies in which the capitalist mode of production prevails” remains one of the most influential yet contentious theories ever committed to paper. Often invoked in times of turmoil, his name has come to mean different things to different people. Yet it is not always clear in fact just what his theory is, doubtless in part because his writings are quite challenging to read. In this course, students will engage fundamentally with Marx’s writings to gain a clear idea of his theory for themselves. We will do so by reading volume 1 of Marx’s Capital as well as selections from volumes 2 and 3 and Theories of Surplus Value. We will approach Marx own his own terms, considering context and comparison with other highlights from the history of political economy only where they are relevant. Topics which we will address include Marx’s view of “alienation”, “commodity fetishism”, and “class struggle”, but also labor, employment, money, capital, profit, and crisis.
We will be reading Paul Reiter’s new translation of Capital: Critique of Political Economy, Volume 1 (Princeton 2024), which students must bring to every class. The course will be held in English and there are no prerequisites. But students should read Marx’s short essay, “Wage Labor and Capital”, to prepare in advance of our first meeting. (A)