Author: kokki_boys
-
Labour Theory of Value
Disclaimer & Introduction The following notes represent my current understanding of Karl Marx’s value theory, compiled from my readings of Capital and related texts. PART I — THE LAW OF VALUE AND THE DYNAMICS OF CAPITALIST PRODUCTION Chapter 1. The Fundamental Law of Value Chapter 2. Social Value and Individual Value Chapter 3. The Consequences of Inefficiency Chapter 4.…
-
Theory of Force and Imperialism
I. Engels on Dühring’s Theory of Force and Its Rebuttal In the three chapters on the theory of force in Anti-Dühring, Engels takes up Dühring’s claim that political and military force is the primary determinant of social and economic relations. Dühring treats force as an autonomous historical power, capable of shaping economic life from the outside.…
-
The Science of Satisfaction
The Science of Satisfaction: Why Relative Poverty Matters Why does a worker today — earning many times what their grandfather earned, owning a smartphone and a car — often feel poorer? Why does material improvement fail to generate contentment? Inflation is a common explanation, but it is insufficient. If we compare real consumption rather than…