Vincent Darlage’s Reviews > Political Economy: a Marxist Textbook > Status Update

Chapter four was on the essence of capitalist exploitation, and did a fair job of explaining how profit is made by the wealthy, but what I am really interested in is how a socialist/communist economy would work. I'm familiar with most of the economic concepts thus far discussed. I get that it's laying a groundwork, but I am becoming impatient.

Chapter 3 was on the origins of capitalism. I most enjoyed how it described the change from feudalism to mercantilism to capitalism, especially how the rising capitalists got around the guilds by using the putting-out system. I also liked the section on how the proletariat became a thing.

Chapter Two was on the concepts of commodity production, which I largely understood and agreed with, although I would have liked more elaboration why he dismissed the law of diminishing marginal utility. I don't think that economic law is incorrect. There's a reason it moved past a theory into law.