emily’s Reviews > Capital: A Critique of Political Economy, Volume 3 > Status Update

Part IV is quite dry so far. Revisiting lots of circulation stuff from Vol. 2, always boring (necessary though it may be).

Finished Part 3. Being able to understand The Law of the Tendency of the Rate of Profit to Fall in its totality after reading all of Capital thus far feels like a real benchmark in how far my understanding of capitalism and diamat has come.

Finished Part 3 Ch. 1. -- For a book so unfinished, Marx still manages to clearly communicate his analyses in a clear way. I don't actually know what caused Vol. 2 to be such a cryptic meandering slog, because Vol 3 kinda bangs

Chapter 10 finished. Volume 3 so far is much better than Volume 2.

Chapter 9 finished

Part 2 Chapter 1 finished.

This chapter actually helped fully make sense of how the organic composition of capital works in the marketplace. It is not just that increasing constant capital reduces labour to exploit and the rate of surplus value, but it necessarily means that the value of any commodity made by a huge automated firm is going to have less value gratis of the fact it has less labourers.

Part 1 Finished!