Wednesday, 11 November 2009

'Money or the Circulation of Commodities'

Following a fascinating session discussing the fetishism of commodites, the Reading Capital group asks...

What is money? Where does it come from? What makes certain commodities suitable as money? Could we live without it?

Joseph Choonara, former deputy-editor of International Socialism Journal ( will introduce a discussion on

'Money or the Circulation of Commodities’.

Monday 23rd November '09 (Note Change of Date)
6pm F-WB Room 2.43
Waterloo Campus
King's College London

"It is not money that renders commodities commensurable. Just the contrary. It is because all commodities, as values, are realised human labour, and therefore commensurable, that their values can be measured by one and the same special commodity, and the latter be converted into the common measure of their values, i.e., into money. Money as a measure of value, is the phenomenal form that must of necessity be assumed by that measure of value which is immanent in commodities: labour-time.”

All welcome - whether you have been reading Capital or just want to drop in for the talk - we aim to be accessible to all.

(Those wishing to read in advance should make their way to Chapter 3!)

Photos of Alex Callinicos & Martin Wolf Debate

Alex Callinicos:

Martin Wolf:

Questions & Answers:

Thursday, 5 November 2009

'The Fetishism of the Commodity and its secret'

Bis Dasgupta, of the KCL Reading Capital Movement, will introduce a discussion on

'The Fetishism of the Commodity and its secret'

Tuesday 10th November
F-WB Room 2.43 Waterloo Campus KCL

"Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are artificial institutions, those of capitalism are natural institutions. In this they resemble the theologians, who likewise establish two kinds of religion. Every religion which is not theirs is an invention of men, while their own is an emanation from God... Thus there has been history, but there is no longer any."