Status Updates From Grundrisse - Ekonomi Politi...

The falling rate of profit, and key laws of capitalism are dealt by Marx. Mostly the one that establishes that profit is the product of capital, related to it by revenue.
Also take note, on pages 769-770, a couple of paragraphs where Marx tracks back to the genesis of capitalism with the creation of wage labour.

The question of fixed capital, and how it sits in the process of value creation. Also, how it is a well-used escape route for today's wannabe oligarchs, who launder through white elephants.
Harvey observes that the accusation of determinism thrown to Marx, falls in vacuum, after the fact the 2022 resembles accurately 1858.

Finished the section named by Harvey "The Power of Fixed Capital".
It is very enlightening about machinery, equipment and the capitalism tendency to automatization in order to fulfil the compulsion of competition.
Also, AI and whatnot devised to disempower the workers.

Finished the section Turnover times and the circulation of labour capacity [Harvey Ch. 8]

Home stretch.
Both sad to see it end, this book has been a joy to read, and happy to move on to the second volume of Capital.

not much progress today, sadly

Finished the section on the space and time of turnover and the realisation of capital.
When I read Capital Vol. 2 I noticed that Marx could run an experimental design by hand!
Many a critic can’t understand that he could abstract a variable for study, while keeping the others constant or in the background.

and it’s peak.

couldn’t read much today, but such is life. 5 pages is 5 pages. hopefully will finish this section tomorrow after w*rk.

this book makes me wanna run through a wall

Section on capital becoming.
Marx detailed the historical process of the pre capitalist economic formations dissolution in the very famous chapter that became a separate book. Barely understood by many.