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Yale University

Marx's Theory of Capitalism - Foundations and Labor Theory of Value

Yale University via YouTube

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This lecture examines Marx’s theory of capitalism, focusing on the labor theory of value, surplus value, exploitation, wages, and class relations. It also introduces socially necessary labor time, surplus labor time, and the distinction between classes in themselves and for themselves.

Syllabus

- Chapter 1. Introduction: Class Agenda and Marx's Characterization of Freedom
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- Chapter 2. Marx's Theory of Science
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- Chapter 3. The Labor Theory of Value; Exploitation and Injustice
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- Chapter 4. The Labor Theory of Surplus Value
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- Chapter 5. Relative & Absolute Surplus Value & Rate of Exploitation
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